Data as of September 2026. Source: Realtor.com.
The ELY, IA real estate market (52227) currently shows 19 active listings, with 4 pending sales. Homes are averaging 118 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 118 days on market compared to 73 days last year.
The median listing price has fallen 3.1% year-over-year, from $348,650 to $338,000.
Population: 2,825 · Density: 37.1/mi² · Median household income: $98,859
Typical home value: $293,133 · Homeownership: 82.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 52227 | Ely, IA 52227 | 0.0 mi | 18 | $9,565,200 | $343,950 | $531,400 |
| 52314 | Mount Vernon, IA 52314 | 6.4 mi | 31 | $14,087,144 | $420,000 | $454,424 |
| 52401 | Cedar Rapids, IA 52401 | 7.4 mi | 8 | $795,600 | $99,450 | $99,450 |
| 52338 | Swisher, IA 52338 | 8.8 mi | 16 | $10,883,664 | $649,400 | $680,229 |
| 52402 | Cedar Rapids, IA 52402 | 10.1 mi | 134 | $32,978,606 | $199,875 | $246,109 |
| 52405 | Cedar Rapids, IA 52405 | 11.4 mi | 66 | $16,343,976 | $213,500 | $247,636 |
| 52228 | Fairfax, IA 52228 | 11.8 mi | 15 | $6,648,300 | $466,225 | $443,220 |
| 52328 | Robins, IA 52328 | 13.2 mi | 5 | $2,593,725 | $477,490 | $518,745 |
| 52411 | Cedar Rapids, IA 52411 | 13.6 mi | 37 | $22,906,700 | $614,963 | $619,100 |
| 52305 | Martelle, IA 52305 | 14.1 mi | 4 | $1,623,968 | $430,000 | $405,992 |
| 52340 | Tiffin, IA 52340 | 14.5 mi | 97 | $47,740,102 | $378,743 | $492,166 |
| 52306 | Mechanicsville, IA 52306 | 15.9 mi | 7 | $1,287,377 | $187,375 | $183,911 |
| 52324 | Palo, IA 52324 | 17.0 mi | 11 | $3,341,118 | $315,000 | $303,738 |
As of September 2026, there are 19 active listings in ELY, IA (zip code 52227), compared to 25 the prior year.
The median listing price in ELY, IA 52227 is $338,000 as of September 2026, a 3.1% decrease from $348,650 the prior year.
Homes in ELY, IA 52227 spend an average of 118 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELY, IA 52227 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 118 days on market compared to 73 days last year.
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.