The median home value in Ely, MN is $201,500. This is higher than the county median home value of $197,400. The national median home value is $338,100. The average price of homes sold in Ely, MN is $201,500. Approximately 50.27% of Ely homes are owned, compared to 31.24% rented, while 18.49% are vacant. Ely real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ely real estate agent to arrange a tour today!
Ely, Minnesota 55731 has a population of 3,280. Ely 55731 is less family-centric than the surrounding county with 13.48% of the households containing married families with children. The county average for households married with children is 26.31%.
The median household income in Ely, Minnesota 55731 is $44,745. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Ely 55731 is 52.2 years.
The average high temperature in July is 78.5 degrees, with an average low temperature in January of -6.7 degrees. The average rainfall is approximately 29.7 inches per year, with 63.4 inches of snow per year.