Current Price

$339,772

1 Month Forecast

â–² $363,461

1-Year Forecast *

â–² $387,889

5-Year Forecast *

â–² $455,150

"Is it a good time to buy homes in Ely?" "Does investing in real estate in Ely (Iowa State, Linn County) worth it?" According to our live Forecast System, buying a house in Ely is a good short-term (1-year) investment*. The Ely average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Ely" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Ely in Iowa State, Linn County. If you are looking for homes for sale with good flipping profit, Ely can be a profitable property investment option. The median price of an average house in Ely was 339,772 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Ely" area is 455,150 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +33.96% meaning that investing 100000 USD today may yield a profit of 33,957 USD by 2031.

Current Median Listing Price: 339,772 USD Median Listing Price Per Square Foot: 189 USD

Ely Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Ely (Iowa State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Ely Price Target

Ely median home price target in 12 months: $387,889* (upside of 14.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $362,064 $361,292 $361,292 $362,726
2024 $324,587 $339,772 $324,587 $339,772
2023 $314,083 $324,911 $314,083 $325,232
2022 $287,449 $314,451 $287,449 $314,451
2021 $260,257 $284,546 $260,257 $284,546
2020 $247,426 $259,028 $247,426 $259,028
2019 $229,371 $246,498 $229,371 $246,498
2018 $218,386 $227,996 $218,386 $227,996
2017 $207,550 $217,335 $207,550 $217,335
2016 $200,311 $207,030 $200,311 $207,030
2015 $193,595 $199,464 $193,595 $199,464
2014 $187,070 $193,013 $187,070 $193,013
2013 $181,361 $186,606 $181,361 $186,606
2012 $176,527 $181,206 $176,527 $181,430

Questions & Answers about the Ely Housing Market Forecast

How much does an average home cost in Ely today?

The value of an average home (the listing price) in Ely is $339,772 USD.

What is the average price per square foot in Ely?

According to Walletinvestor the median price per square foot in Ely is 189 USD.

Will the median listing price of homes in Ely grow / rise / go up?

Yes. The Ely home prices may rise from 339,772 USD to 387,889 USD in one year.

Is it profitable to invest in Ely homes?

Yes. The long-term profit potential is +14.16% in one year.

Will Ely house prices fall / drop?

No. See above.

What is the predicted price of a Ely home in 2030?

The predicted home sales price of a Ely home in 2030 in Ely is 435,924 USD.

What is the predicted price of a Ely home in 2035?

The predicted home sales price of a Ely home in 2035 in Ely is 534,505 USD.

Will real estate prices decrease in Ely?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Ely is the 10617. largest city in the United States, located in Iowa State.

During the last 12 months the real estate prices in Linn, Ely decreased, looking at the past 12 months.

According to Walletinvestor's Ely real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.325% to 339,772 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 15.191% in 2021
  • 13.031% in 2022
  • 12.231% in 2023
  • 12.621% in 2024
  • 15.911% in 2025
  • 14.851% in 2026

Based on our Ely real estate market research and report the predicted sales prices will increase by 276.005% in the next 10 years.

Over the last 12 months, the value of homes in Ely fluctuated: decreasing 4 times.

Ely (Iowa) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Ely Housing Market Forecast with Real Estate Prices for 2025
August 2025 363461 327115 399807
September 2025 365644 343339 387948
October 2025 367839 338780 396898
November 2025 370048 350805 389290
December 2025 372270 342488 402051
Ely Housing Market Forecast with Real Estate Prices for 2026
January 2026 374505 337803 411206
February 2026 376451 340311 412590
March 2026 378711 347657 409765
April 2026 380985 345172 416797
May 2026 383272 352994 413551
June 2026 385574 358198 412950
July 2026 387889 356082 419696
August 2026 390218 355489 424947
September 2026 392561 370185 414937
October 2026 394918 373988 415849
November 2026 397289 362725 431854
December 2026 398824 366918 430730
Ely Housing Market Forecast with Real Estate Prices for 2027
January 2027 399156 366425 431887
February 2027 400102 368494 431710
March 2027 400813 369549 432076
April 2027 401109 379048 423170
May 2027 400639 371392 429886
June 2027 400669 367013 434325
July 2027 401245 365936 436555
August 2027 403064 368401 437728
September 2027 405421 373392 437449
October 2027 407855 376858 438852
November 2027 410068 379723 440413
December 2027 411613 384859 438368
Ely Housing Market Forecast with Real Estate Prices for 2028
January 2028 412829 376913 448745
February 2028 413936 391584 436289
March 2028 414482 374278 454687
April 2028 414073 393369 434777
May 2028 413661 375604 451718
June 2028 414113 380984 447242
July 2028 416581 386171 446992
August 2028 419083 377174 460991
September 2028 421599 388714 454484
October 2028 422893 390330 455455
November 2028 423758 383925 463591
December 2028 424779 386549 463009
Ely Housing Market Forecast with Real Estate Prices for 2029
January 2029 426130 389057 463203
February 2029 428094 388710 467479
March 2029 430187 406097 454278
April 2029 432546 410054 455038
May 2029 435143 391629 478657
June 2029 435939 406296 465583
July 2029 435924 392767 479080
August 2029 435755 400459 471051
September 2029 435010 391944 478076
October 2029 434361 406128 462595
November 2029 434215 412070 456360
December 2029 436823 411050 462595
Ely Housing Market Forecast with Real Estate Prices for 2030
January 2030 439445 413079 465812
February 2030 442084 402739 481430
March 2030 444739 415386 474091
April 2030 447409 412064 482754
May 2030 450095 426690 473500
June 2030 452434 426193 478675
July 2030 455150 426021 484280
August 2030 457883 415758 500009
September 2030 460633 434377 486889
October 2030 463398 421229 505568
November 2030 466181 424225 508137
December 2030 468980 441310 496650
Ely Housing Market Forecast with Real Estate Prices for 2031
January 2031 471796 437827 505765
February 2031 474629 429065 520193
March 2031 477479 446443 508515
April 2031 479323 435226 523421
May 2031 479722 454297 505147
June 2031 480859 449122 512596
July 2031 481713 433542 529884
August 2031 482069 445432 518706
September 2031 481505 441058 521951
October 2031 481541 447351 515730
November 2031 482233 442690 521776
December 2031 484419 451963 516876
Ely Housing Market Forecast with Real Estate Prices for 2032
January 2032 487251 459965 514537
February 2032 490177 447041 533312
March 2032 492836 458830 526842
April 2032 494694 452645 536743
May 2032 496155 462912 529397
June 2032 497486 452215 542757
July 2032 498142 458789 537495

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.