Housing Prices in Ely, IA
How much do homes in Ely, IA cost?
Median List Price
$367,400
$155/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Ely has increased by 2.8% since last year.
Summary: The median home list price in Ely was $367,400 in April 2024, up 2.8% from the previous year, and the median price per square foot was $155.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $218.1K | N/A |
| 2 Bedrooms | $364.9K | $209.9K | -42.5% |
| 3 Bedrooms | $269K | $355K | +32.0% |
| 4 Bedrooms | $396.2K | $352K | -11.2% |
| 5+ Bedrooms | $398K | $450K | +13.1% |
Summary: Ely housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.5%, 3 bedroom homes increased by 32%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes increased by 13.1%.
Median List Price Compared To Nearby Cities
| Ely | $357.4K | $367.4K | +2.8% |
| Putnam Township | $359.9K | $364.9K | +1.4% |
Housing Supply in Ely, IA
How many homes are available in Ely, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Ely real estate market had 8 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Ely housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Days on Market for Ely, IA
How long does it take to sell a home in Ely, IA?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 101 Days | 69 Days | -31.8% |
Summary: Homes in Ely had an average listing age of 69 days in Apr 2024, down by 31.8% compared to the previous year.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.