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ELY, IA 52227

Real Estate Market Report  ·  Linn County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
15
⇩ 55.9% vs 34 last year
Pending
1
7% pending ratio
Median Price
$328,000
⇩ 8.2% vs $357,400 last year
Average Price
$544,329
⇧ 43.2% vs $380,210 last year
Days on Market
74
⇩ 18.7% vs 91 days last year

Market Context

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

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

Market Analysis

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 34 last year
  • Days on market: 74 now vs 91 last year

Median & Average Pricing

Year over Year
  • Median: $328,000 (-8.2% YoY)
  • Average: $544,329 (+43.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.0 miles — 416 listings ($152,209,393 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52227Ely, IA 522270.0 mi15$8,164,935$328,000$544,329
52314Mount Vernon, IA 523146.4 mi30$12,685,290$420,000$422,843
52401Cedar Rapids, IA 524017.4 mi6$883,698$129,950$147,283
52338Swisher, IA 523388.8 mi12$8,479,668$707,450$706,639
52402Cedar Rapids, IA 5240210.1 mi136$33,589,144$199,000$246,979
52405Cedar Rapids, IA 5240511.4 mi68$16,783,080$215,000$246,810
52228Fairfax, IA 5222811.8 mi13$5,502,510$427,500$423,270
52328Robins, IA 5232813.2 mi5$2,568,490$514,945$513,698
52411Cedar Rapids, IA 5241113.6 mi33$19,200,225$579,700$581,825
52305Martelle, IA 5230514.1 mi3$1,230,000$410,000$410,000
52340Tiffin, IA 5234014.5 mi80$39,249,200$384,990$490,615
52306Mechanicsville, IA 5230615.9 mi6$1,083,450$180,000$180,575
52324Palo, IA 5232417.0 mi9$2,789,703$310,000$309,967

Frequently Asked Questions

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

As of January 2026, there are 15 active listings in ELY, IA (zip code 52227), compared to 34 the prior year.

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

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.

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

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.

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

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.

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 $6,560 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.