Recently Sold Homes in Ely, MN, 55731

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55731 Real Estate Insights

ZIP code 55731 is located in Ely, Minnesota.
There's something about ZIP code 55731 that seems to attract college graduates so you'll find that a fair number of your neighbors hold a degree.
Home prices in ZIP code 55731 didn't see much movement last year with a slight 2.9 percent drop in average listing price, but with a $251,703 average listing price this year, buyers can still enter the market with confidence. At the same time, inventory increased slightly by 1.1 percent to reach 90 listings in this year. A number of properties in ZIP code 55731 have stunning lake views that enable you to appreciate the beauty of nature from your very own home. A handful of properties here have a laundry room on the main floor so that you can conveniently get your loads of laundry done without having to worry about going up and down the stairs. Quite a few residential properties in ZIP code 55731 feature kitchens with islands so you will be sure to have the extra counter and storage space that you need.