Ely Housing Information - Census

IndexElyMinnesotaNational
Median home price$96,000$185,200$175,700
Median rent asked$535$835$920
Avg. people per household1.92.42.6
Owner occupied households68.0%72.1%64.4%
Renter occupied households32.0%27.9%35.6%

Ely Housing Information - Zillow

IndexElyMinnesotaNational
Zillow home value index$144,500$194,800$188,100
Year over year appreciation rate2.63%7.39%5.14%
5 year average appreciation rate-0.44%4.96%4.12%
10 year average appreciation raten/a-0.72%-0.33%

Did you know?

  • The median home price in Ely is 45% lower than the national average.
  • The median rent asked in Ely is 42% lower than the national average.
  • The average number of people per household in Ely is 28% lower than the national average.
  • The number of owner occupied households in Ely is 6% higher than the national average.
  • The number of renter occupied households in Ely is 10% lower than the national average.

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Compare Ely, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Winton, MN168$62,00065%
Babbitt, MN1,456$69,20061%
Ely, MN3,459$96,00045%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Hoosick Falls, NY3,459$121,70031%
West Orange, TX3,460$71,20059%
Haughton, LA3,458$111,00037%
Ovilla, TX3,460$198,60013%
Troy, NC3,458$84,20052%
Ely, MN3,459$96,00045%
Source: The Ely, MN housing data displayed above is derived from the United States Census Bureau and Zillow data.