Compare: Ely vs Cedar Rapids

Home Values in Ely and Cedar Rapids

Ely
vsCedar Rapids
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Zillow Home Value Index
Mid-point of Zestimate valuations for Ely. Half the Zestimates are above this number and half are below it.
$188,100vs$134,200
1-Year Change+0.7%vs+1.1%
Median List Price$247,000vs$136,000
Median Sale Price$174,500vs$137,600
Ely, IA tends to be more expensive for home buyers than Cedar Rapids, IA. During the last year, Ely home values have risen by 0.7%, while Cedar Rapids home values have risen by 1.1%. The median sale price in Ely is $174,500, but the median listing price was $247,000, a 29.4% discount. Meanwhile in Cedar Rapids, the median selling price is $137,600, and the starting price had a median of $136,000, a 1.2% increase.

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Ely vs Cedar Rapids

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Why is Ely more expensive than Cedar Rapids?

Ely, IA

Map of Ely, IA
Ely is a city in Linn county, IA with a population of 3,434. The median household income is $57,250.

Cedar Rapids, IA

Map of Cedar Rapids, IA
Cedar Rapids is a city in Linn county, IA with a population of 113,889. The median household income is $43,704.