Data as of March 2026. Source: Realtor.com.
The Ely, IA real estate market currently shows 18 active listings, with 5 pending sales. Homes are averaging 21 days on the market before going under contract.
Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 21 days on market compared to 68 days last year.
The median listing price has fallen 3.6% year-over-year, from $354,900 to $342,225.
Whether you are buying or selling in Ely, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 2,825 · Density: 37.1/mi² · Median household income: $98,859
Typical home value: $293,133 · Homeownership: 82.7%
Ely: 52227