5362 Ely Is S, Tower, MN 55790
OFF MARKET

5362 Ely Is S
Tower, MN 55790

  • 2 Beds
  • 852 sqft

$307,500

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,918/mo*
Refinance Your Home

$307,500

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,918/mo*
Refinance Your Home
2 Beds
852 sqft

Home Value

Trulia Estimate
$308K
Since last month
Decreased$400 (-0.1%)
Since last year
Decreased$2K (-0.7%)
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 +23% in the last 10 years
MonthEstimated value
2026
August 2026$306K
July 2026$308K
June 2026$307K
May 2026$303K
April 2026$292K
March 2026$285K
February 2026$272K
January 2026$272K
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
0.33
Single-Family Home
$190,000
09/02/25
1
-
434
1621 McKinley Park Acres Rd, Tower, MN
1.39
Single-Family Home
$270,875
06/29/26
2
1
780
76 Main St, Soudan, MN
2.52
Single-Family Home
$122,000
10/20/25
2
1
854
104 Mineview Ct, Soudan, MN
2.37
Single-Family Home
$95,000
12/16/25
3
2
1,092
65 Main St, Soudan, MN
2.44
Single-Family Home
$40,000
10/17/25
3
1
1,152
5327 Pine Island Lake Vermilion Is, Tower, MN
2.69
Single-Family Home
$365,000
06/01/26
2
1
823
34 2nd Ave, Soudan, MN
2.54
Single-Family Home
$85,000
07/09/26
4
1
896
4891 Lake Vermilion N, Tower, MN
2.75
Single-Family Home
$229,000
07/24/26
2
-
1,219
5743 Puncher Point Rd, Tower, MN
2.45
Single-Family Home
$1,470,500
05/21/26
3
2.5
2,560

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
5368 S Ely Island, Tower, MN 55790
0.04
$342,600
2
0.5
862
Off Market
5372 S Ely Island, Tower, MN 55790
0.08
$230,000
2
-
647
For Sale
5322 S Ely Island, Tower, MN 55790
0.33
$193,700
1
-
434
Off Market
5397 N Ely Island, Tower, MN 55790
0.40
-
-
-
-
Off Market
5441 N Ely Island, Tower, MN 55790
0.54
$359,000
Studio
-
240
For Sale
5248 S Ely Island, Tower, MN 55790
0.63
$195,000
-
-
-
For Sale
TBD S Ely Island, Tower, MN 55790
1.00
-
-
-
-
Off Market
5298 Long Island, Tower, MN 55790
1.02
$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
1.21
$562,300
2
-
624
Off Market

Local Information

  • Map ViewExplore the area around 5362 Ely Is S.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1985
Living Area
852 sqft
Price/Sqft
$361

About this House

This single-family home is located at 5362 Ely Is S, Tower, MN. 5362 Ely Is S is in Tower, MN and in ZIP code 55790. This property has 2 bedrooms and approximately 852 sqft of floor space. This property was built in 1985.
5362 Ely Is S, Tower, MN 55790 is a 2 bedroom, 852 sqft single-family home built in 1985. It is currently off market. The Trulia Estimate is $307,500, with a rent estimate of $1,529/month.

Home Details for 5362 Ely Is S

Interior Features

Interior Details
BasementIn-law unit
Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
DeckExterior: Wood

Community

Units in Building: 1

Building

Pool
Sauna

Price and Tax history

YearProperty taxTax assessment
2024
$2,194
$212,700
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
    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 5362 Ely Is S

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Off Market Homes Near 5362 Ely Is S

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Frequently asked questions about 5362 Ely Is S

  • What is 5362 Ely Is S estimated to be worth?
    Trulia's estimated value for 5362 Ely Is S in Tower, MN is $307,500.
  • 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.
  • What are the closest schools to 5362 Ely Is S?
    The closest schools to 5362 Ely Is S in Tower, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).