$169,900
- 192 Sq Ft
TBD Hwy 135, Biwabik, MN 55708
Wendy Johnson Keller Williams Classic Realty Northwest
Explore Similar Condos Within 25 Miles of Ely, MN
-
TBD Hwy 135, Biwabik, MN 55708
-
$699,000
- 4 Beds
- 2 Baths
- 1,927 Sq Ft
Lot 125 Marjo Dr, Tower, MN 55790
Lot 125 Marjo Dr, Tower, MN 55790Barbara Hegg Vermilion Land Office Inc
-
$499,000
- 2 Beds
- 1 Bath
- 1,002 Sq Ft
Lot 128 Marjo Dr, Tower, MN 55790
Lot 128 Marjo Dr, Tower, MN 55790Sherry Zupancich Anderson Vermilion Land Office Inc
-
$699,000
- 3 Beds
- 2 Baths
- 1,792 Sq Ft
Lot 105 Marjo Dr, Tower, MN 55790
Lot 105 Marjo Dr, Tower, MN 55790Barbara Hegg Vermilion Land Office Inc
Why Live in Ely
Ely, MN, is a small community in Northeast Minnesota, surrounded by the expansive Superior National Forest and bordering Canada. Known for its natural beauty, Ely attracts outdoor enthusiasts year-round, with activities like canoeing, kayaking, hiking, and blueberry picking in the warmer months, and snowmobiling, snowshoeing, and cross-country skiing during the frigid winters. The town's main park, Whiteside Park, features a playground, open fields, and a bandstand for community events. Ely's housing includes small in-town bungalows and more secluded lakeside homes, with many properties dating back to the early and mid-1900s. The downtown area along Sheridan Street hosts a variety of small businesses, including winter outfitter shops and restaurants like Boathouse Brewpub & Restaurant and Britton’s Café. Ely Memorial High School, which shares a building with Washington Elementary, is highly rated and serves students in grades 6 through 12. The community gathers annually for the Blueberry Art Festival, celebrating local art and blueberry-infused foods. Ely is also home to the North American Bear Center and the International Wolf Center. For those needing to travel, Minnesota State Highway 1 provides access to Virginia, 50 miles away, and Duluth, approximately 100 miles away. The town is served by Ely Bloomenson Community Hospital, ensuring residents have access to medical care.
Home Trends in Ely, MN
On average, homes in Ely, MN sell after 64 days on the market compared to the national average of 52 days. The median sale price for homes in Ely, MN over the last 12 months is $188,500, up 13% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$188,500
Median Single Family Sale Price
$181,000
Average Price Per Sq Ft
$147
Number of Homes for Sale
18
Last 12 months Home Sales
72
Months of Supply
3.00
Median List Price
$181,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%
Ely Types of Homes for Sale
Ely Homes by Price
More About Living in Ely
Popular Searches in Ely
Copyright © 2025 CoStar Group
