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2024 Compare Cities Housing:
Ely, MN vs Cannon Falls, MN

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Highlights
- The median age of a home in Ely is 43.4% older than the median age of a home in Cannon Falls.
 Ely, MNCannon Falls, MNUnited States
 Median Home Age764342
 Median Home Cost$201,500$257,600$338,100
 Home Appr. Last 12 months13.2%12.2%16.6%
 Home Appr. Last 5 yrs.50.0%47.9%57.0%
 Home Appr. Last 10 yrs.60.0%94.0%101.1%
 Property Tax Rate$8.3$12.1$11.0
 Homes Owned50.3%69.1%57.4%
 Housing Vacant18.5%5.0%11.2%
 Homes Rented31.2%25.9%31.4%
 space
 Avg Rent For Home Or Apartment
 Ely, MNCannon Falls, MNUnited States
 Average Rent$1,250$1,670$1,840
 Studio Apartment$690$890$1,080
 1 Bedroom Home or Apartment$740$1,010$1,180
 2 Bedroom Home or Apartment$960$1,190$1,430
 3 Bedroom Home or Apartment$1,270$1,690$1,860
 4 Bedroom Home or Apartment$1,580$2,030$2,160
 space1
 Vacant Housing
 Ely, MNCannon Falls, MNUnited States
 Vacant For Rent4.2%0.0%1.9%
 Vacant Rented1.5%0.0%0.4%
 Vacant For Sale1.5%1.4%0.7%
 Vacant Sold1.6%2.0%0.4%
 Vacant Vacation8.0%1.7%3.6%
 Vacant Other1.7%0.0%4.1%
 space2
 Owner-Occupied Housing Value
 Ely, MNCannon Falls, MNUnited States
 Less Than $20,0002.9%8.4%2.6%
 $20,000 to $39,9992.0%1.0%2.4%
 $40,000 to $59,9993.2%1.5%2.8%
 $60,000 to $79,99912.3%0.7%3.9%
 $80,000 to $99,99914.9%2.1%4.5%
 $100,000 to $149,99926.1%9.0%11.3%
 $150,000 to $199,99916.4%22.7%13.0%
 $200,000 to $299,99911.3%35.6%20.1%
 $300,000 to $399,9999.0%17.0%13.6%
 $400,000 to $499,9992.1%0.7%8.3%
 $500,000 to $749,9990.0%1.4%9.7%
 $750,000 to $999,9990.0%0.0%3.9%
 $1,000,000 to $1,499,9990.0%0.0%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.0%0.0%1.1%
 space3
 Housing Units By Year Built
 Ely, MNCannon Falls, MNUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20144.3%8.9%13.6%
 2000 to 20094.3%8.9%13.6%
 1990 to 199911.3%15.9%13.6%
 1980 to 19893.6%12.8%13.2%
 1970 to 19799.5%12.7%14.8%
 1960 to 196911.3%15.9%13.6%
 1950 to 195913.1%9.7%10.0%
 1940 to 19494.8%2.9%4.7%
 1939 or Earlier47.5%18.8%12.2%
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Reviews for Ely    1 Reviews
William · Ely, MN
Ely Minnesota
Over 18 years ago

Lots of local talent. For a small city, Ely has a very educated population that brings a variety of talents to local arts and  More

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Reviews for Cannon Falls    2 Reviews
Elizabeth · Cannon Falls, MN
Canon Falls...a little of everything
Over 14 years ago

I have lived here almost 30 years and loved it. Friendly, but not intrusive people and neighbors. A variety of churches equals a melting pot of many different peoples,  More

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Bob · Cannon Falls, MN
expensive
Over 14 years ago

Unless your in the top 12% income level this may not be the right choice. We are a bedroom community that has little to no real economy. Taxes are thru the ceiling  More

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Learn More About Ely, Minnesota
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Learn More About Cannon Falls, Minnesota
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