Is parking easy in Ely, IA?

As of early 2026, 100% of users say parking is easy

Does Ely, IA have sidewalks?

As of early 2026, 100% of users say there are sidewalks

Is a car needed in Ely, IA?

As of early 2026, 100% of users say car is needed

Are the streets well-lit in Ely, IA?

As of early 2026, 94% of users say streets are well-lit

Is Ely, IA dog-friendly?

As of early 2026, 92% of users say it's dog friendly

Do kids play outside in Ely, IA?

As of early 2026, 90% of users say kids play outside

Would people walk alone at night in Ely, IA?

As of early 2026, 90% of users say people would walk alone at night

Does Ely, IA show holiday spirit?

As of early 2026, 88% of users say there's holiday spirit

Are there community events in Ely, IA?

As of early 2026, 80% of users say there are community events

Is Ely, IA walkable to restaurants?

As of early 2026, 75% of users say it's walkable to restaurants

As of early 2026, 73% of users say it's quiet

Are yards well-kept in Ely, IA?

As of early 2026, 73% of users say yards are well-kept

Are neighbors friendly in Ely, IA?

As of early 2026, 67% of users say neighbors are friendly

Do residents of Ely, IA plan to stay at least 5 years?

As of early 2026, 67% of users say they plan to stay for at least 5 years

Is there wildlife in Ely, IA?

As of early 2026, 18% of users say there's wildlife

What is Banner Valley Rd estimated to be worth?

Trulia's estimated value for Banner Valley Rd in Ely, IA is $704,100 .

What is the price history for Banner Valley Rd?

Banner Valley Rd in Ely, IA last sold for $426,000 in January 2021.

Is Ely a buyer's or seller's market?

Ely is currently a seller's market, based on recent for-sale activity.

What do residents say about Ely?

Residents describe Ely, IA as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in Ely, IA .

How big is the lot at Banner Valley Rd?

The lot at Banner Valley Rd in Ely, IA is about 60 acres .

OFF MARKET

Banner Valley Rd
Ely, IA 52227

Studio

$704,100

Trulia Estimate

as of Aug 25, 2026

Est. Refi. Payment $4,610/mo*

Refinance Your Home

$704,100

Trulia Estimate

as of Aug 25, 2026

Est. Refi. Payment $4,610/mo*

Refinance Your Home

Studio

(on 60 acres)

Home Value

Trulia Estimate

$704K

Since last month

$63K (+9.7%)

Since last year

$48K (+7.3%)

Since last sale

$280K (+65.8%)

Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +59% in the last 10 years

Month	Estimated value
2026
August 2026	$706K
July 2026	$644K
June 2026	$715K
May 2026	$712K
April 2026	$673K
March 2026	$758K
February 2026	$648K
January 2026	$658K
2023
July 2023	$664K
June 2023	$555K
May 2023	$566K
2022
December 2022	$597K
November 2022	$589K
October 2022	$570K
September 2022	$520K
August 2022	$520K
July 2022	$514K
June 2022	$506K
May 2022	$508K
April 2022	$500K
March 2022	$493K
February 2022	$481K
January 2022	$477K
2021
December 2021	$474K
November 2021	$473K
October 2021	$466K
September 2021	$454K
August 2021	$449K
July 2021	$452K
June 2021	$444K
May 2021	$443K

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
Vista Rd, Ely, IA 52227	1.49	-	-	-	-	Off Market
Vista Rd, Ely, IA 52227	1.49	-	-	-	-	Off Market
Vista Rd, Ely, IA 52227	1.49	-	-	-	-	Off Market
Vavra Dr, Ely, IA 52227	0.53	-	-	-	-	Off Market
State St, Ely, IA 52227	1.17	-	-	-	-	Off Market
State St, Ely, IA 52227	1.17	-	-	-	-	Off Market

Local Information

Map ViewExplore the area around Banner Valley Rd.
Schools5 Preschool Schools6 Elementary Schools1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Single-Family Home

Lot Size

60 acres

About this House

This single-family home is located at Banner Valley Rd, Ely, IA. Banner Valley Rd is in Ely, IA and in ZIP code 52227. This property has a lot size of 60.00 acres.

Banner Valley Rd, Ely, IA 52227 is a studio single-family home. It last sold for $426,000 on Jan 15, 2021. It is currently off market. The Trulia Estimate is $704,100, with a rent estimate of $1,804/month.

Home Details for Banner Valley Rd

Property Information
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 60.00 acres

Price and Tax history

Date	Event	Price
Jan 15, 2021 Source: NoCoast MLS as distributed by MLS GRID #5652957	Sold	$426,000
Nov 6, 2020 Source: Agent Provided	Pending	$480,000
Sep 4, 2020 Source: Agent Provided	Listed For Sale	$480,000

Year	Property tax	Tax assessment
2025	$10	$600

Additional Cost

Market trends in Ely

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

1MoM

Around this home

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.

100 % Say parking is easy
100 % Say there are sidewalks
100 % Say car is needed
94 % Say streets are well-lit
92 % Say it's dog friendly
90 % Say kids play outside
90 % Say people would walk alone at night
88 % Say there's holiday spirit
80 % Say there are community events
75 % Say it's walkable to restaurants
73 % Say it's quiet
73 % Say yards are well-kept
67 % Say neighbors are friendly
67 % Say they plan to stay for at least 5 years
18 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.

Terra N.
Resident
6y ago
"I have lived here for 10 years and love it! People are very friendly and a great place to raise your kids!!!"
1
Flag
Robin N.
13y ago
"Within walking distance to the beautiful Hoover Bike trail. Small town living but easy access to Cedar Rapids or Iowa City. "
0
Flag

LGBTQ Local Legal Protections

Frequently asked questions about Banner Valley Rd

What is Banner Valley Rd estimated to be worth?
Trulia's estimated value for Banner Valley Rd in Ely, IA is $704,100.
What is the price history for Banner Valley Rd?
Banner Valley Rd in Ely, IA last sold for $426,000 in January 2021.
Is Ely a buyer's or seller's market?
Ely is currently a seller's market, based on recent for-sale activity.
What do residents say about Ely?
Residents describe Ely, IA as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in Ely, IA.
How big is the lot at Banner Valley Rd?
The lot at Banner Valley Rd in Ely, IA is about 60 acres.

Apartments for Rent

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$1,450/mo
2 bd
2 ba
1851-1876 Wrigley St #1861,
Ely, IA 52227
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Ely
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Off Market Homes Near Banner Valley Rd

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SOLD
JUL 20, 2026
$383,500
4 bd
3 ba
2,511 sqft
1602 Taft Dr SW,
Cedar Rapids, IA 52404
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Ely
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Homes for sale near Banner Valley Rd

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FOR SALE BY OWNER
0.29 ACRES
$514,900
5 bd
3 ba
2,714 sqft
1935 Pheasant Run Rd,
Ely, IA 52227
NEW - 1 DAY AGO
FOR SALE BY OWNER
3 ACRES
$849,000
5 bd
3.5 ba
3,100 sqft
1432 Hickory Hollow Rd NE,
Solon, IA 52333
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Ely
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Banner Valley Rd
Ely, IA 52227

$704,100

$704,100