The Unshakable Investor

Unshakable ZIP Data 55782 | Ely, MN Housing Market

Ely · Saint Louis County · Duluth, MN-WI metro · Minnesota · Data updated June 19, 2026

The median sale price in ZIP 55782, Ely, Minnesota is $94,972 at $64 per square foot. 1 single-family homes sold in the latest period, down 65.7 percent from a year earlier. Homes sit a median of 269 days on market with 9.6 months of supply. Sellers are getting 70.4 percent of list price and 0.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$129,723
Average price per sq ft$88
Median sale price$94,972
Median sale price per sq ft$64
Median home size1,480 sq ft
Median new listing price$177,483+18.4%
National size rank29,731

Sales activity

MetricValueYear over year
Homes sold1-65.7%
Median days on market269 days
Months of supply9.6 months
New listings3-39.1%
Active listings4-55.0%
Pending sales1-74.7%

Pricing power

MetricValueYear over year
Average sale-to-list ratio70.4%-24.4 pts
Share sold above list0.0%0.0 pts

Bedroom value anchors

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

3-bedroom
$139,586

These figures describe the single-family market for Ely, Minnesota ZIP 55782. They are market context, not a substitute for sold comps or a formal appraisal.