2324 Forest St, Ely, MN 55731
OFF MARKET

2324 Forest St
Ely, MN 55731

  • 2 Beds
  • 1 Bath
  • 720 sqft

$226,200

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,410/mo*
Refinance Your Home

$226,200

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,410/mo*
Refinance Your Home
2 Beds
1 Bath
720 sqft

Local Information

  • Map ViewExplore the area around 2324 Forest St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
720 sqft
Price/Sqft
$314
Parking
Garage

About this House

This quaint 4 BR house has a country feel to it but still has the convenience of in-town living. City water & sewer hookups on this large lot w/ large garden & many decorative trees. Home has 2 BRs on main level & 2 large BRs on upper level. Large picture windows in living room and kitchen overlooking the spacious garden and yard. Full basement with new furnace. Over-sized 2-stall garage with work area in back. Large deck on south side of house offers privacy and quiet enjoyment. Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Phil Hyde
2324 Forest St, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 720 sqft single-family home. It last sold for $94,000 on Dec 10, 2005. It is currently off market. The Trulia Estimate is $226,200, with a rent estimate of $1,403/month.

Home Details for 2324 Forest St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1.5

Property Information

Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
DeckExterior: Wood
Parking & Garage
GarageParking: Garage Detached

Community

Units in Building: 720

Price History for 2324 Forest St

DatePriceEventSource
12/10/2005$94,000Sold
N/A

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
96
16MoM
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Property Tax and Assessment

Year2024
Tax$1,286
Assessment$183,500
Home facts updated by county records

Comparable Sales for 2324 Forest St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
36 E Beacon Hill Rd, Ely, MN
0.11
Single-Family Home
$198,000
11/12/25
3
2
1,920
845 E White St, Ely, MN
0.78
Single-Family Home
$108,960
12/22/25
2
1
1,150
45 E Boundary St, Ely, MN
0.44
Single-Family Home
$35,000
10/24/25
3
1
1,134
137 E Boundary St, Ely, MN
0.43
Single-Family Home
$209,000
12/12/25
2
2
1,287
21 E Harvey St, Ely, MN
0.76
Single-Family Home
$90,000
08/15/25
3
1
1,299
236 Ahola Rd, Ely, MN
0.08
Single-Family Home
$364,000
11/17/25
3
2
2,520
118 E James St, Ely, MN
0.50
Single-Family Home
$275,000
08/03/26
3
1
1,882
940 E Chapman St, Ely, MN
0.95
Single-Family Home
$142,500
06/18/26
3
1
672
1135 E Harvey St, Ely, MN
1.01
Single-Family Home
$112,000
05/11/26
2
1
1,250

Nearby homes

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Assigned Schools

These are the assigned schools for 2324 Forest St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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
    Flag
  • 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. "
    0
    Flag
  • 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 2324 Forest St

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Off Market Homes Near 2324 Forest St

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Frequently asked questions about 2324 Forest St

  • What is 2324 Forest St estimated to be worth?
    Trulia's estimated value for 2324 Forest St in Ely, MN is $226,200.
  • What is the price history for 2324 Forest St?
    2324 Forest St in Ely, MN last sold for $94,000 in December 2005.
  • 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.
  • Does 2324 Forest St have air conditioning?
    Yes, 2324 Forest St in Ely, MN has air conditioning.
  • Does 2324 Forest St have a garage?
    Yes, 2324 Forest St in Ely, MN has a garage.