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ELY, IA 52227

Real Estate Market Report  ·  Linn County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The ELY, IA real estate market (52227) currently shows 19 active listings, with 7 pending sales. Homes are averaging 105 days on the market before going under contract.

Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 105 days on market compared to 103 days last year.

The median listing price has risen 2.1% year-over-year, from $331,000 to $338,000.

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.

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Market Context

Market Context

Population: 2,825  ·  Density: 37.1/mi²  ·  Median household income: $98,859

Typical home value: $293,133  ·  Homeownership: 82.7%

Market Overview

Active Listings
19
⇩ 45.7% vs 35 last year
Pending
7
37% pending ratio
Median Price
$338,000
⇧ 2.1% vs $331,000 last year
Average Price
$504,875
⇧ 10.5% vs $456,811 last year
Days on Market
105
⇧ 1.9% vs 103 days last year

Price Per Square Foot

Median $/sqft
$313
⇧ 3% vs $304/sqft last year
Median Home Size
1,079 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 19 this year vs 35 last year
  • Days on market: 105 now vs 103 last year

Median & Average Pricing

Year over Year
  • Median: $338,000 (+2.1% YoY)
  • Average: $504,875 (+10.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.0 miles — 449 listings ($170,795,480 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52227Ely, IA 522270.0 mi18$9,565,200$343,950$531,400
52314Mount Vernon, IA 523146.4 mi31$14,087,144$420,000$454,424
52401Cedar Rapids, IA 524017.4 mi8$795,600$99,450$99,450
52338Swisher, IA 523388.8 mi16$10,883,664$649,400$680,229
52402Cedar Rapids, IA 5240210.1 mi134$32,978,606$199,875$246,109
52405Cedar Rapids, IA 5240511.4 mi66$16,343,976$213,500$247,636
52228Fairfax, IA 5222811.8 mi15$6,648,300$466,225$443,220
52328Robins, IA 5232813.2 mi5$2,593,725$477,490$518,745
52411Cedar Rapids, IA 5241113.6 mi37$22,906,700$614,963$619,100
52305Martelle, IA 5230514.1 mi4$1,623,968$430,000$405,992
52340Tiffin, IA 5234014.5 mi97$47,740,102$378,743$492,166
52306Mechanicsville, IA 5230615.9 mi7$1,287,377$187,375$183,911
52324Palo, IA 5232417.0 mi11$3,341,118$315,000$303,738

Frequently Asked Questions

How many homes are for sale in ELY, IA 52227?

As of June 2026, there are 19 active listings in ELY, IA (zip code 52227), compared to 35 the prior year.

What is the median home price in ELY, IA 52227?

The median listing price in ELY, IA 52227 is $338,000 as of June 2026, a 2.1% increase from $331,000 the prior year.

How long do homes stay on the market in ELY, IA?

Homes in ELY, IA 52227 spend an average of 105 days on the market before going under contract, compared to 103 days the prior year.

Is it a seller's or buyer's market in ELY, IA 52227?

Based on current inventory and days-on-market data as of June 2026, ELY, IA 52227 is currently a Balanced Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 105 days on market compared to 103 days last year.

How much can I save on real estate commission in ELY, IA?

With SELL123.com's maximum 3% commission, sellers in ELY, IA 52227 save an estimated $6,760 compared to a typical 5% commission on the median listing price of $338,000. 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.