Ely, IA is an attractive housing market with a median home value of $310,200. Although this is slightly less than the US House Median Value of $338,100, it has seen similar appreciation in the past year at 8.03%, just 0.24% lower than the US average of 8.27%. Home buyers in Ely can expect steady appreciation and stable values for their investment.
The median home cost in Ely is $310,200. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Ely is up 14.4%.
Average Age of Homes
- The median age of Ely real estate is 22 years old
The Rental Market in Ely
- Renters make up 15.6% of the Ely population
- 1.7% of houses and apartments in Ely, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.