Ely, IA

Seller's market+34.9% YoY

Housing market overview · Updated weekly

$463,500median sale price

Homes sold

2

Last 12 weeks

Days on market

41

Average pace

Active listings

4

2.0 months supply

Sale-to-list

99.6%

Below asking

The Ely housing market is currently classified as a seller's market with a median sale price of $463,500. Prices have risen 34.9% compared to last year, with homes spending an average of 41 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Ely

There are currently 4 homes listed for sale in Ely, Ia. The median listing price is $385K.

Active listings

4

Homes on market

Median list price

$385K

Avg. days on market

41

Days until sale

New this week

3

Newly listed

Price drops:25.0%of listings
Sale-to-list:99.6%

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Frequently asked questions

What is the average home price in Ely?

The median home sale price in Ely is $463,500, up 34.9% from last year.

How long do homes stay on market in Ely?

Homes typically spend 41 days on market before going under contract.

Is Ely a buyer's or seller's market?

With 2.0 months of supply, Ely is currently a seller's market.

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