55731 Home Values & Market Trends

There are 13 homes currently listed for 55731. 55731 real estate market trends show that home prices range from $169,000 to $2,000,000, and the median sales price in the 55731 zip code is $192,273.81. The total number of properties sold within the past twelve months is 119. In 55731, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

55731 Real Estate Market Overview

CityMedian Est. Value
Ely

$ 317,600

$ 197/sqft

Housing Market Summary for 55731

Apr 2023March 2024Change
Median Listing Price$347.5K$190.1K-45.29%
Median Sold Price$171.6K$190.1K10.78%
Homes For Sale71385.71%
Homes Sold599052.54%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 55731

The median list price of a home in Ely, is $192,273.81. A total of 13 properties are for sale, and the percentage of properties for sale in the zip code is 13.00%. The total count of 55731 properties is 3,440.

Foreclosure
There is 1 cities within 55731; within this cities, the median estimated home value for homes in foreclosure ranges from $717,566 in ely to the lowest value of $243,548 in ely. Foreclosure homes account for 0.00% of properties in 55731 with ely containing 2 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 55731 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 55731; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 55731 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 55731. There is 1 cities within 55731; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    ely has 2 auction properties, the highest number of properties going to auction in a single city in the state of 55731. Auction homes and other auction properties account for 0.06% of all properties in 55731. There is 1 cities within 55731; of that cities, the median estimated home value for homes going to auction ranges from $717,566 in ely to the lowest value of $243,548 in ely.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.38% of residential properties in 55731 with ely containing 13 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 55731; homes for sale in that cities, have a range of median values from $2,000,000 in ely to the lowest value of $169,000 in ely.
    Sold Homes
    The median value for recently sold homes ranges from $1,129,810 in ely to the lowest price of $37,150 in ely. There is 1 cities within 55731. ely has 89 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.59% of properties in 55731.

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      Guide for 55731

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      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
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      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

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      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Recently Listed Homes 55731

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