Ely Is, Tower, MN 55790
OFF MARKET
  • Studio

Ely Is, Tower, MN 55790

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
5262 S Ely Island, Tower, MN
0.17
Single-Family Home
$320,000
08/14/26
2
-
624
5322 S Ely Island, Tower, MN
0.20
Single-Family Home
$190,000
09/02/25
1
-
434
1621 McKinley Park Acres Rd, Tower, MN
1.57
Single-Family Home
$270,875
06/29/26
2
1
780
104 Mineview Ct, Soudan, MN
2.21
Single-Family Home
$95,000
12/16/25
3
2
1,092
10 Jasper St, Soudan, MN
2.26
Single-Family Home
$75,000
07/31/26
3
1.5
25
50 Main St, Soudan, MN
2.27
Single-Family Home
$192,000
08/14/26
1
1.5
1,312
5 Superior St, Soudan, MN
2.28
Single-Family Home
$130,000
11/18/25
3
2
1,617
65 Main St, Soudan, MN
2.29
Single-Family Home
$40,000
10/17/25
3
1
1,152
70 Main St, Soudan, MN
2.33
Single-Family Home
$95,000
05/04/26
4
1.5
1,480
34 2nd Ave, Soudan, MN
2.36
Single-Family Home
$85,000
07/09/26
4
1
896

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
5262 S Ely Island, Tower, MN 55790
0.17
$320,000
2
-
624
Recently Sold
5322 S Ely Island, Tower, MN 55790
0.20
$192,600
1
-
434
Off Market
5372 S Ely Island, Tower, MN 55790
0.35
$230,000
2
-
647
For Sale
5368 S Ely Island, Tower, MN 55790
0.35
$339,500
2
0.5
862
Off Market
5248 S Ely Island, Tower, MN 55790
0.33
$195,000
-
-
-
For Sale
5397 N Ely Island, Tower, MN 55790
0.64
-
-
-
-
Off Market
5441 N Ely Island, Tower, MN 55790
0.85
$359,000
Studio
-
240
For Sale
5298 Long Island, Tower, MN 55790
0.87
$275,000
2
-
426
For Sale
5228 Soderberg Ln, Tower, MN 55790
0.86
$1,266,900
3
2
2,552
Off Market
5167 Lake Vermilion Island, Soudan, MN 55782
0.90
$505,800
2
-
624
Off Market
TBD S Ely Island, Tower, MN 55790
1.24
-
-
-
-
Off Market

Homes for rent near Ely Is

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Local Information

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

About this House

Ely Is is in Tower, MN and in ZIP code 55790.
Ely Is, Tower, MN 55790 is a studio property. This property is not currently displayed as for sale or rent on Trulia.

Price and Tax history

DateEventPrice
May 1, 2025
Source: Range AOR #145724
ListingRemoved
$99,900
Aug 6, 2024
Source: Range AOR #145724
PriceChange
$99,900
Price decreased by 11%
May 21, 2024
Source: Range AOR #145724
PriceChange
$112,500
Price decreased by 15%
Sep 1, 2023
Source: Range AOR #145724
Listed For Sale
$132,500
Aug 14, 2023
Source: Range AOR #143410
ListingRemoved

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

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. "
    0
    Flag
  • 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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Off Market Homes Near Ely Is

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Homes for sale near Ely Is

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