ZIP 55731 · Ely, MN
Ely, MN
Monthly housing intelligence for ZIP 55731, Ely, MN. As of the latest 2026 data.
Median Listing
Active Listings
Days on Market
Price Reduced
Primary Intelligence Tool — Sold Score™
Will your home sell in today's Ely, MN market?
Sold Score™ analyzes 40+ ZIP-level data points to estimate your home's probability of sale within 60 days in Ely, MN.
Market Analysis
ZIP 55731 market outlook.
Median listing prices in ZIP 55731 are $401,333 with 82 active listings and a typical 87-day time on market.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 6 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Additional Metrics
New listings
8
YoY -50.0%
Pending listings
15
Pending ratio 0.18 (pending ÷ active)
Active listings
79
Total − pending
Median $ / sqft
$338
YoY +0.5%
Median sqft
1,191
Average listing price
$541,756
YoY +1.7%
Total listings
94
Active + pending
Recommended For This Market
Buyer's MarketSelling in Ely, MN (55731)? Buyer Demand Index is running at 18%.
Buyers have leverage in Ely, MN (55731). Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 18%
- Median Days on Market
- 87 days
- Inventory YoY
- +9%
In a buyer's market, strategy beats timing. See how your home scores in Ely, MN (55731) and what moves the number.
See my Sold Score & selling strategy →Prefer the data first? Get the monthly Ely, MN (55731) briefing and watch the market before you list.
How the Sold Score works →Agents: no featured expert covers Ely, MN (55731) yet — claim this market →
The Monthly Briefing
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One email per month: median price, inventory, and what's moving the Duluth, MN-WI housing market.
ZIP Score Alerts
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One email per month with the new Sold Score for ZIP 55731, or save this market to your free home profile.
Recent history
| Month | Median price | Active | DOM | Pending ratio |
|---|---|---|---|---|
| September 2026 | $401,333 | 82 | 87 | 0.18 |
| August 2026 | $449,250 | 81 | 71 | 0.20 |
| July 2026 | $424,000 | 81 | 61 | 0.16 |
| June 2026 | $440,583 | 75 | 58 | 0.15 |
| May 2026 | $450,000 | 65 | 44 | 0.09 |
| April 2026 | $441,500 | 46 | 41 | 0.16 |
| March 2026 | $435,750 | 36 | 153 | 0.14 |
| February 2026 | $375,500 | 31 | 159 | 0.15 |
| January 2026 | $359,000 | 38 | 124 | 0.16 |
| December 2025 | $356,500 | 51 | 99 | 0.11 |
About this ZIP report
1. Housing Market Intelligence
We analyze inventory, pending contracts, days on market, and price pressure across U.S. metros and ZIPs — refreshed continuously.
2. Sold Score™
That intelligence is distilled into a single, address-level answer to the question owners actually ask: will my home sell?
3. Local Market Experts
When you're ready to act, we connect you with a vetted local agent who knows the conditions behind your score.