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IA area data

Ely, IA

Ely, IA.

Population: 2,996 (Census ACS)

Home values & appreciation

Median home value
$378,064
1-year appreciation
+3.8%
3-year appreciation
+9.8%
5-year appreciation
+28.6%
10-year appreciation
+74.3%
All-time peak (2026-07)
$378,064
House Price Index
379.0 (+3.7% YoY)

Market activity

Median sale price
$439,950
Median list price
$555,366
Median days on market
22 days
Sale-to-list ratio
99.2%
Active listings
1
1-year forecast
+1.8%
New listings (monthly)
4

Rents

2-bedroom fair-market rent (HUD reference)
$1,088/mo
3BR fair-market rent
$1,415/mo

Affordability

Cost of living index (Low)
89.5 (100 = US avg)
Electricity rate (state-level)
13.7¢/kWh
Natural gas rate (state-level)
$10.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
strongWind, hail, iceStorm, lightning, tornado
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Annual precipitation
41.2 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
54
Days with Good air quality
130
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
4.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Herbert Hoover National Historic Site (19 mi)
Nearest airport
The Eastern Iowa Airport (CID) (7 mi)
Nearest major airport
The Eastern Iowa Airport (CID) (7 mi)
Hospitals nearby (~15 mi)
3
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-392 tax filers

Housing stock

Median year housing built
1,998
Median annual property tax
$4,504
Mean commute to work
19 min
Households with broadband internet
85.3%

Employment & development

Total county employment
113,359
Average weekly wage
$1,269
Top industries (by employment)
Health Care, Accommodation & Food, Finance & Insurance
Annual residential building permits (county)
443

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents