Data as of February 2026. Source: Realtor.com.
The ELY, IA real estate market (52227) currently shows 18 active listings, with 2 pending sales. Homes are averaging 87 days on the market before going under contract.
Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 87 days on market compared to 43 days last year.
The median listing price has fallen 3.8% year-over-year, from $357,400 to $343,950.
Whether you are buying or selling in ELY, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 2,825 · Density: 37.1/mi² · Median household income: $98,859
Typical home value: $293,133 · Homeownership: 82.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 52227 | Ely, IA 52227 | 0.0 mi | 15 | $8,164,935 | $328,000 | $544,329 |
| 52314 | Mount Vernon, IA 52314 | 6.4 mi | 30 | $12,685,290 | $420,000 | $422,843 |
| 52401 | Cedar Rapids, IA 52401 | 7.4 mi | 6 | $883,698 | $129,950 | $147,283 |
| 52338 | Swisher, IA 52338 | 8.8 mi | 12 | $8,479,668 | $707,450 | $706,639 |
| 52402 | Cedar Rapids, IA 52402 | 10.1 mi | 136 | $33,589,144 | $199,000 | $246,979 |
| 52405 | Cedar Rapids, IA 52405 | 11.4 mi | 68 | $16,783,080 | $215,000 | $246,810 |
| 52228 | Fairfax, IA 52228 | 11.8 mi | 13 | $5,502,510 | $427,500 | $423,270 |
| 52328 | Robins, IA 52328 | 13.2 mi | 5 | $2,568,490 | $514,945 | $513,698 |
| 52411 | Cedar Rapids, IA 52411 | 13.6 mi | 33 | $19,200,225 | $579,700 | $581,825 |
| 52305 | Martelle, IA 52305 | 14.1 mi | 3 | $1,230,000 | $410,000 | $410,000 |
| 52340 | Tiffin, IA 52340 | 14.5 mi | 80 | $39,249,200 | $384,990 | $490,615 |
| 52306 | Mechanicsville, IA 52306 | 15.9 mi | 6 | $1,083,450 | $180,000 | $180,575 |
| 52324 | Palo, IA 52324 | 17.0 mi | 9 | $2,789,703 | $310,000 | $309,967 |
As of February 2026, there are 18 active listings in ELY, IA (zip code 52227), compared to 34 the prior year.
The median listing price in ELY, IA 52227 is $343,950 as of February 2026, a 3.8% decrease from $357,400 the prior year.
Homes in ELY, IA 52227 spend an average of 87 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of February 2026, ELY, IA 52227 is currently a Balanced Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 87 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in ELY, IA 52227 save an estimated $6,879 compared to a typical 5% commission on the median listing price of $343,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.