5342 Ely Is S, Tower, MN 55790
OFF MARKET

5342 Ely Is S
Tower, MN 55790

  • 2 Beds
  • 1 Bath
  • 768 sqft (on 7.19 acres)

$385,400

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $2,386/mo*
Refinance Your Home

$385,400

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $2,386/mo*
Refinance Your Home
2 Beds
1 Bath
768 sqft
(on 7.19 acres)

Home Value

Trulia Estimate
$385K
Since last month
Decreased$8K (-2.1%)
Since last year
Increased$8K (+2%)
Since last sale
Increased$288K (+295%)
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 +27% in the last 10 years
MonthEstimated value
2026
August 2026$385K
July 2026$384K
June 2026$393K
May 2026$391K
April 2026$381K
March 2026$363K
February 2026$361K
January 2026$351K
2025
2024
2023

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
5322 S Ely Island, Tower, MN
0.10
Single-Family Home
$190,000
09/02/25
1
-
434
1621 McKinley Park Acres Rd, Tower, MN
1.63
Single-Family Home
$270,875
06/29/26
2
1
780
5327 Pine Island Lake Vermilion Is, Tower, MN
2.57
Single-Family Home
$365,000
06/01/26
2
1
823
76 Main St, Soudan, MN
2.58
Single-Family Home
$122,000
10/20/25
2
1
854
34 2nd Ave, Soudan, MN
2.58
Single-Family Home
$85,000
07/09/26
4
1
896
104 Mineview Ct, Soudan, MN
2.44
Single-Family Home
$95,000
12/16/25
3
2
1,092
65 Main St, Soudan, MN
2.51
Single-Family Home
$40,000
10/17/25
3
1
1,152
5878 Echo Point Rd, Tower, MN
3.07
Single-Family Home
$340,000
05/29/26
3
0.5
768
4891 Lake Vermilion N, Tower, MN
2.51
Single-Family Home
$229,000
07/24/26
2
-
1,219
5713 Pine Is N, Tower, MN
3.05
Single-Family Home
$310,000
08/29/25
2
1
946

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
5322 S Ely Island, Tower, MN 55790
0.10
$193,700
1
-
434
Off Market
5368 S Ely Island, Tower, MN 55790
0.28
$342,600
2
0.5
862
Off Market
5372 S Ely Island, Tower, MN 55790
0.31
$230,000
2
-
647
For Sale
5397 N Ely Island, Tower, MN 55790
0.42
-
-
-
-
Off Market
5248 S Ely Island, Tower, MN 55790
0.43
$195,000
-
-
-
For Sale
5441 N Ely Island, Tower, MN 55790
0.65
$359,000
Studio
-
240
For Sale
5298 Long Island, Tower, MN 55790
1.09
$275,000
2
-
426
For Sale
5228 Soderberg Ln, Tower, MN 55790
1.10
$1,358,000
3
2
2,552
Off Market
5167 Lake Vermilion Island, Soudan, MN 55782
1.12
$562,300
2
-
624
Off Market
TBD S Ely Island, Tower, MN 55790
1.25
-
-
-
-
Off Market
TBD JB Island, Tower, MN 55790
1.41
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 5342 Ely Is S.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1987
Lot Size
7.19 acres
Living Area
768 sqft
Price/Sqft
$502

About this House

This single-family home is located at 5342 Ely Is S, Tower, MN. 5342 Ely Is S is in Tower, MN and in ZIP code 55790. This property has 2 bedrooms, 1 bathroom and approximately 768 sqft of floor space. This property has a lot size of 7.19 acres and was built in 1987.
5342 Ely Is S, Tower, MN 55790 is a 2 bedroom, 1 bathroom, 768 sqft single-family home built in 1987. It last sold for $97,500 on Jun 10, 2015. It is currently off market. The Trulia Estimate is $385,400, with a rent estimate of $1,514/month.

Home Details for 5342 Ely Is S

Interior Features

Interior Details
BasementAdditional StorageIn-law unitStorage
Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1.2000000476837158

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
DeckExterior: Wood

Community

Units in Building: 1

Lot Information

Lot Area: 7.19 acres

Price and Tax history

DateEventPrice
Jun 10, 2015
Source: N/A
Sold
$97,500

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
    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
    Flag
  • 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."
    0
    Flag

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Apartments for Rent

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Homes for sale near 5342 Ely Is S

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Off Market Homes Near 5342 Ely Is S

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Frequently asked questions about 5342 Ely Is S

  • What is 5342 Ely Is S estimated to be worth?
    Trulia's estimated value for 5342 Ely Is S in Tower, MN is $385,400.
  • What is the price history for 5342 Ely Is S?
    5342 Ely Is S in Tower, MN last sold for $97,500 in June 2015.
  • Is Tower a buyer's or seller's market?
    Tower is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Tower?
    Residents describe Tower, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Tower, MN.
  • How big is the lot at 5342 Ely Is S?
    The lot at 5342 Ely Is S in Tower, MN is about 7.2 acres.