Ely, MN Housing Statistics

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35%

Med. Home Val. NAT. AVG.

49%

Rent NAT. AVG.

8%

Owner Occ. NAT. AVG.

Ely Housing Information

Index	Ely	Minnesota	National
Median home price	$210,969	$339,061	$326,622
Median rent asked	$740	$1,332	$1,444
Avg. people per household	1.7	2.4	2.6
Owner occupied households	58.2%	71.4%	63.6%
Renter occupied households	41.8%	28.6%	36.4%

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Homes For Sale In Ely, MN

1347 Walsh Rd

Ely, MN

3819 Dorem Dr

Ely, MN

3459 Jack Pine Ln Unit Cabin 11

Ely, MN

3451 Jack Pine Ln Unit Cabin 14

Ely, MN

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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 49% 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

	Population	Home Price	National Avg.
Babbitt, MN	1,512	$134,471	59%
Winton, MN	134	$136,478	58%
Ely, MN	3,447	$210,969	35%

Cities with similar population

	Population	Home Price	National Avg.
Wellsville, OH	3,447	$100,821	69%
Flagler Estates, FL	3,446	$162,035	50%
La Salle, CO	3,448	$461,919	41%
Upland, PA	3,445	$218,773	33%
Cleves, OH	3,449	$230,188	30%
Ely, MN	3,447	$210,969	35%

Source: The Ely, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.