This page includes AI-assisted content reviewed by Mark Gores, Licensed Minnesota Realtor #20486494. Market statistics and trends are based on information from MLS GRID, deemed reliable but not guaranteed.
All information is sourced from the MLS and verified for accuracy.
Living in Ely, Minnesota
Overview
Nestled in the heart of the Superior National Forest, Ely, Minnesota, is a charming city known for its stunning natural beauty and vibrant community life. With a recent renovation of the Ely Community Center completed in 2023 and the opening of a new recreational trail in 2022, Ely is a town that balances its rich history with modern amenities. Whether you're drawn by its serene lakes, dense forests, or the warmth of its community, Ely offers a unique blend of tranquility and activity that appeals to both residents and visitors alike.
Neighborhoods
Ely is home to several distinct neighborhoods, each offering its own unique character and charm. The Whiteside Park Area is at the heart of the city, offering easy access to local events and community gatherings at the beloved Whiteside Park. For those who appreciate history, the Pioneer Mine Area provides a glimpse into Ely's past as a mining town, with historical landmarks and a strong sense of community pride. Meanwhile, the Shagawa Lake Area is perfect for nature lovers, offering stunning lakeside views and abundant outdoor recreational opportunities. Each neighborhood in Ely provides a unique slice of life, ensuring there's a perfect fit for everyone.
Schools & Education
Education is a cornerstone of the Ely community, with Ely Public Schools (ISD 696) serving the educational needs of the town. The district includes Ely Memorial High School and Washington Elementary School, both of which are dedicated to providing high-quality education and fostering a supportive learning environment. The schools are known for their strong community involvement and commitment to student success, making Ely an excellent choice for families seeking a nurturing educational atmosphere.
Parks & Recreation
Ely is a paradise for outdoor enthusiasts, boasting an array of parks and recreational areas. Whiteside Park is a central hub for community events and leisurely strolls, while Semer's Park offers a beautiful lakeside setting perfect for picnics and relaxation. The Trezona Trail provides a scenic route for hiking and biking, allowing residents and visitors to immerse themselves in the natural beauty of the area. Just a short drive away, Bear Head Lake State Park offers a more expansive wilderness experience, with opportunities for camping, fishing, and wildlife observation.
Local Events
Community spirit is alive and well in Ely, with a calendar full of annual events and festivals. The Ely Winter Festival celebrates the city's snowy season with ice sculpting contests and winter sports, drawing visitors from across the region. In the warmer months, the Blueberry/Art Festival and Harvest Moon Festival showcase local art, crafts, and produce, providing a platform for local artisans and a festive atmosphere for attendees. These events are a testament to Ely's vibrant community life and commitment to celebrating its unique culture and traditions.
Real Estate Market
The real estate market in Ely offers a range of opportunities for potential homeowners. With a median home price of $311,750, Ely offers affordability compared to larger cities, while still providing a high quality of life. Homes in Ely spend an average of 109 days on the market, reflecting a stable market with a year-over-year change of -5.2%. Currently, there are 10 active listings, with 7 properties sold in the last 90 days. Whether you're looking for a cozy lakeside cabin or a historic home in the heart of the city, Ely's real estate market has something to offer.
Commute & Location
Ely offers convenient access to the Twin Cities metro area, making it an ideal location for those who value both small-town living and proximity to urban amenities. The drive to Minneapolis-St. Paul is scenic and straightforward, providing residents with an easy commute for work or leisure. This accessibility ensures that residents can enjoy the peace and quiet of Ely while still being connected to the broader economic and cultural opportunities of the Twin Cities.
Local Insight
As a Twin Cities real estate expert, I've noticed that Ely's recent developments, such as the renovation of the Ely Community Center, have significantly enhanced the town's appeal. The community's investment in infrastructure and recreational amenities reflects a commitment to growth and quality of life, making Ely an increasingly attractive option for those considering a move. The local gem, Insula Restaurant, offers a delightful dining experience with its locally sourced menu, adding to the city's charm and culinary scene. Ely's combination of natural beauty, community spirit, and modern conveniences make it a unique and inviting place to call home.
Frequently Asked Questions
What is the median home price in Ely, MN?
The current median home price in Ely is $311,750. This represents a -5.2% change from last year. Ely offers a range of housing options across its neighborhoods including Whiteside Park Area, Pioneer Mine Area, Shagawa Lake Area.
What schools serve Ely residents?
Ely is served by Ely Public Schools (ISD 696), with Ely Memorial High School as the main high school. Elementary options include Washington Elementary School. The district is known for its strong academic programs and community involvement.
How long does it take to commute from Ely to Minneapolis or St. Paul?
From Ely, typical commute times are: 3 hours 49 mins to Downtown Minneapolis (245.4 mi), 3 hours 41 mins to Downtown St. Paul (240.5 mi). Other key destinations include 3 hours 55 mins to Mall of America, 3 hours 52 mins to Minneapolis Airport. These times are based on typical traffic conditions and provide excellent access to the Twin Cities metro area.
How long do homes typically stay on the market in Ely?
Homes in Ely typically sell within 109 days. With 10 active listings and 7 homes sold in the past 90 days, it's a dynamic market that rewards prepared buyers.