z'Up North Realty
Real Estate Brokerage
Ely, MN
Realtors in Ely, MN
3 local real estate professionals in Ely
Minnesota photo: Minneapolis Skyline looking south by BpA9543, CC BY-SA 4.0 via Wikimedia Commons
3 real estate professionals are listed in Ely, Minnesota: 2 brokerages and 1 team. Ely has about 3,408 residents in Saint Louis County and is part of the Duluth, MN-WI metro area. The typical home is valued at about $285,200 (Zillow, August 2026); over twelve months that value rose sharply, by 6.7%. The closest towns with listed professionals are Duluth (78 mi, 2), Moose Lake (109 mi, 1), and Longville (127 mi, 1).
Ely housing market
Typical home$285K
1-year+6.7%
5-year+32.4%
10-year+83.9%
The typical home in Ely was valued at about $285,200 in August 2026, according to the Zillow Home Value Index. Over twelve months the typical value rose sharply, by 6.7%, against a 2.5% rise for Minnesota as a whole. Over five years the change is +32.4%. Ely sits 19% below the Minnesota typical value of $350,752.
Values: Zillow Home Value Index, August 2026.
Ely at a glance
| State | Minnesota (MN) |
|---|---|
| County | Saint Louis County |
| Metro area | Duluth, MN-WI |
| Population (approx.) | 3,408 |
| Elevation | 1,430 ft |
| Time zone | Central Time |
| Realtors listed | 3 |
| Typical home value | $285,200 |
| 1-year change | +6.7% |
| License regulator | Minnesota Department of Commerce |
| Local time | Wednesday, October 14 · 5:42 AM |
What the data says about Ely
Fast-rising market
In dollars, the typical Ely home gained about $17,909 in the last twelve months, roughly $1,492 a month.
Realtors in Ely — common questions
How many realtors are listed in Ely, MN?
3 real estate professionals are listed in Ely today.
What is the typical home value in Ely?
About $285,200 according to the Zillow Home Value Index (August 2026), a change of +6.7% over one year and +32.4% over five years.
What would the monthly payment be on a typical Ely home?
With 10% down and a 6.5% 30-year fixed rate, principal and interest on a $285,200 home comes to roughly $1,622 a month, before taxes, insurance and any HOA dues.
Which nearby towns have realtors listed?
Duluth (78 mi, 2 listings), Moose Lake (109 mi, 1 listing), Longville (127 mi, 1 listing), and Bemidji (143 mi, 3 listings).