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Saturday, September 13, 2025

Ely home prices fall in the second half of 2019

Webp re 7

The median sale price of a home sold in the second half of 2019 in Ely fell by $5,500 while total sales decreased by 20.6%, according to BlockShopper.com.

From July through December of 2019, there were 27 homes sold, with a median sale price of $251,000 - a 2.1% decrease over the $256,500 median sale price for the same period of the previous year. There were 34 homes sold in Ely in the second half of 2018.

The median sales tax in Ely for the most recent year with available data, 2017, was $3,269, approximately 1.3% of the median home sale price for the second half of 2019.

The following table compares Ely to other Linn County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Robins252119%$334,000$272,00022.8%
Bertram15-80%$310,000$56,000453.6%
Fairfax3847-19.1%$254,500$217,00017.3%
Ely2734-20.6%$251,000$256,500-2.1%
Palo1826-30.8%$245,250$166,75047.1%
Mount Vernon2533-24.2%$193,500$180,0007.5%
Center Point472962.1%$187,000$169,90010.1%
Alburnett58-37.5%$185,000$169,0009.5%
Walford31200%$177,000$230,000-23%
Marion469561-16.4%$172,900$170,0001.7%
Hiawatha675228.8%$167,500$163,7502.3%

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