The Unshakable Investor

Unshakable ZIP Data 52227 | Ely, IA Housing Market

Ely · Linn County · Cedar Rapids, IA metro · Iowa · Data updated June 19, 2026

The median sale price in ZIP 52227, Ely, Iowa is $378,288 at $171 per square foot. 18 single-family homes sold in the latest period, up 9.4 percent from a year earlier. Homes sit a median of 27 days on market with 0.2 months of supply. Sellers are getting 99.4 percent of list price and 35.3 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$388,709
Average price per sq ft$176
Median sale price$378,288
Median sale price per sq ft$171
Median home size2,211 sq ft
Median new listing price$494,771+16.6%
National size rank14,860

Sales activity

MetricValueYear over year
Homes sold18+9.4%
Median days on market27 days
Months of supply0.2 months
New listings17+72.6%
Active listings23-22.3%
Pending sales16+24.8%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.4%-0.3 pts
Share sold above list35.3%-8.4 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$204,204
3-bedroom
$371,657
4-bedroom
$413,716

These figures describe the single-family market for Ely, Iowa ZIP 52227. They are market context, not a substitute for sold comps or a formal appraisal.