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Ely, IA Housing Market

$351,606

1.9% 1-yr

The average Ely, IA home value is $351,606, up 1.9% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Ely Key Takeaways

Typical Home Values: $351,606

1-year Value Change: +1.9%

(Data through January 31, 2026)

Ely Housing Market Overview

--1-year Market Forecast
7For sale inventory(January 31, 2026)
--New listings(January 31, 2026)
--Median sale to list ratio
--Median sale price(December 31, 2025)
--Median list price(January 31, 2026)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Ely

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Ely Homes for Sale

$329,900
3 bd2 ba2,127 sqft
1530 Broadview Ct
1530 Broadview Ct
View Ely listings
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Ely Rental Market Trends

--Average rent in Ely
$1,895National average rent(January 31, 2026)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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