A+
35%
Med. Home Val. NAT. AVG.
48%
Rent NAT. AVG.
8%
Owner Occ. NAT. AVG.
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Ely Housing Information

IndexElyMinnesotaNational
Median home price$119,400$191,500$184,700
Median rent asked$490$873$949
Avg. people per household1.72.42.6
Owner occupied households58.2%71.4%63.6%
Renter occupied households41.8%28.6%36.4%
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Housing Quick Facts

  • The median home price in Ely is 35% lower than the national average.
  • The median rent asked in Ely is 48% lower than the national average.
  • The average number of people per household in Ely is 37% lower than the national average.
  • The number of owner occupied households in Ely is 8% lower than the national average.
  • The number of renter occupied households in Ely is 15% higher than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Babbitt, MN1,454$73,80060%
      Winton, MN130$76,90058%
      Ely, MN3,338$119,40035%

      Cities with similar population

       PopulationHome PriceNational Avg.
      South Duxbury, MA3,338$788,000327%
      La Center, WA3,338$368,900100%
      East Rockingham, NC3,338$68,00063%
      Reamstown, PA3,338$203,20010%
      Eastlawn Gardens, PA3,338$256,80039%
      Ely, MN3,338$119,40035%
      Source: The Ely, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).