1242 Walsh Rd, Ely, MN 55731
OFF MARKET

1242 Walsh Rd
Ely, MN 55731

  • 2 Beds
  • 1 Bath
  • 1,416 sqft

$502,900

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $3,090/mo*
Refinance Your Home

$502,900

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $3,090/mo*
Refinance Your Home
2 Beds
1 Bath
1,416 sqft

Home Value

Trulia Estimate
$503K
Since last month
Increased$11K (+2.3%)
Since last year
Decreased$7K (-1.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +52% in the last 10 years
MonthEstimated value
2026
August 2026$503K
July 2026$516K
June 2026$492K
May 2026$479K
April 2026$467K
March 2026$471K
February 2026$444K
January 2026$455K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1233 Minnesota Blvd, Ely, MN
0.51
Single-Family Home
$120,000
01/13/26
1
1
572
1531 Bear Head State Park Rd, Ely, MN
1.94
Single-Family Home
$335,000
07/17/26
1
1
1,056
1739 Bear Head State Park Rd, Ely, MN
2.80
Single-Family Home
$265,000
06/09/26
2
1
1,346
3772 Rustic Wood Rd, Ely, MN
1.94
Single-Family Home
$131,666
02/23/26
2
1
740
3806 Dorem Dr, Ely, MN
2.73
Single-Family Home
$250,000
07/24/26
2
1
720
3819 Dorem Dr, Ely, MN
2.91
Single-Family Home
$798,500
06/10/26
2
2.5
1,774
1675 Bradach Rd, Ely, MN
3.31
Single-Family Home
$780,000
08/12/26
3
2
1,916
3810 Mud Creek Rd, Ely, MN
3.27
Single-Family Home
$110,000
05/06/26
2
-
840
1346 Bear Head State Park Rd, Ely, MN
2.91
Single-Family Home
$140,000
04/13/26
1
-
288
1859 Bobence Rd, Ely, MN
4.29
Single-Family Home
$420,000
06/22/26
3
3
1,532

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1255 Walsh Rd, Ely, MN 55731
0.14
$458,000
2
1
693
Off Market
TBD Swanson Shores, Ely, MN 55731
0.30
-
-
-
-
Off Market
1271 Walsh Rd, Ely, MN 55731
0.29
-
-
-
-
Off Market
xxx Swanson Shores, Ely, MN 55731
0.37
-
-
-
-
Off Market
1164 Jesse Blvd, Ely, MN 55731
0.39
$689,400
3
2
3,168
Off Market
TBD Migisi Rd, Ely, MN 55731
0.37
-
-
-
-
Off Market
TBD Migisi Rd, Ely, MN 55731
0.39
-
-
-
-
Off Market
TBD Swanson Shores Rd, Ely, MN 55731
0.43
-
-
-
-
Off Market
TBD Migisi Rd, Ely, MN 55731
0.45
-
-
-
-
Off Market
TBD Swanson Shore Rd, Ely, MN 55731
0.50
-
-
-
-
Off Market
TBD Swanson Shores Rd, Ely, MN 55731
0.52
-
-
-
-
Off Market
TBD E Migisi Rd, Ely, MN 55731
0.50
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1242 Walsh Rd.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1982
Living Area
1,416 sqft
Price/Sqft
$355

About this House

This single-family home is located at 1242 Walsh Rd, Ely, MN. 1242 Walsh Rd is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms, 1 bathroom and approximately 1,416 sqft of floor space. This property was built in 1982.
1242 Walsh Rd, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 1,416 sqft single-family home built in 1982. It is currently off market. The Trulia Estimate is $502,900, with a rent estimate of $1,637/month.

Home Details for 1242 Walsh Rd

Interior Features

Interior Details
BasementAdditional StorageStorage
Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
DeckExterior: Wood

Community

Units in Building: 1

Price and Tax history

YearProperty taxTax assessment
2024
$2,904
$436,000
Home facts updated by county records

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
98
2MoM
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Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.

  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
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  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
    7
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  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
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  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
    3
    Flag
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
    0
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  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
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Apartments for Rent

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Homes for sale near 1242 Walsh Rd

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Off Market Homes Near 1242 Walsh Rd

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Frequently asked questions about 1242 Walsh Rd

  • What is 1242 Walsh Rd estimated to be worth?
    Trulia's estimated value for 1242 Walsh Rd in Ely, MN is $502,900.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.
  • What are the closest schools to 1242 Walsh Rd?
    The closest schools to 1242 Walsh Rd in Ely, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
  • Does 1242 Walsh Rd have air conditioning?
    Yes, 1242 Walsh Rd in Ely, MN has air conditioning.