Population: 2,825 · Density: 37.1/mi² · Median household income: $98,859
Typical home value: $293,133 · Homeownership: 82.7%
Data as of January 2026. Source: Realtor.com.
The ELY, IA real estate market (52227) currently shows 15 active listings, with 1 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 74 days on market compared to 91 days last year.
The median listing price has fallen 8.2% year-over-year, from $357,400 to $328,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 52227 | Ely, IA 52227 | 0.0 mi | 15 | $8,164,935 | $328,000 | $544,329 |
| 52314 | Mount Vernon, IA 52314 | 6.4 mi | 30 | $12,685,290 | $420,000 | $422,843 |
| 52401 | Cedar Rapids, IA 52401 | 7.4 mi | 6 | $883,698 | $129,950 | $147,283 |
| 52338 | Swisher, IA 52338 | 8.8 mi | 12 | $8,479,668 | $707,450 | $706,639 |
| 52402 | Cedar Rapids, IA 52402 | 10.1 mi | 136 | $33,589,144 | $199,000 | $246,979 |
| 52405 | Cedar Rapids, IA 52405 | 11.4 mi | 68 | $16,783,080 | $215,000 | $246,810 |
| 52228 | Fairfax, IA 52228 | 11.8 mi | 13 | $5,502,510 | $427,500 | $423,270 |
| 52328 | Robins, IA 52328 | 13.2 mi | 5 | $2,568,490 | $514,945 | $513,698 |
| 52411 | Cedar Rapids, IA 52411 | 13.6 mi | 33 | $19,200,225 | $579,700 | $581,825 |
| 52305 | Martelle, IA 52305 | 14.1 mi | 3 | $1,230,000 | $410,000 | $410,000 |
| 52340 | Tiffin, IA 52340 | 14.5 mi | 80 | $39,249,200 | $384,990 | $490,615 |
| 52306 | Mechanicsville, IA 52306 | 15.9 mi | 6 | $1,083,450 | $180,000 | $180,575 |
| 52324 | Palo, IA 52324 | 17.0 mi | 9 | $2,789,703 | $310,000 | $309,967 |
As of January 2026, there are 15 active listings in ELY, IA (zip code 52227), compared to 34 the prior year.
The median listing price in ELY, IA 52227 is $328,000 as of January 2026, a 8.2% decrease from $357,400 the prior year.
Homes in ELY, IA 52227 spend an average of 74 days on the market before going under contract, compared to 91 days the prior year.
Based on current inventory and days-on-market data as of January 2026, ELY, IA 52227 is currently a Seller's Market. Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 74 days on market compared to 91 days last year.
With SELL123.com's maximum 3% commission, sellers in ELY, IA 52227 save an estimated $6,560 compared to a typical 5% commission on the median listing price of $328,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.