From July through September, there were 14 homes sold, with a median sale price of $293,475 - a 1.8 percent decrease from the $298,900 median sale price for the same period of the previous year. There were 13 homes sold in Ely in the third quarter of 2021.
The median sales tax in Ely for the most recent year with available data, 2017, was $3,270, approximately 1.1 percent of the median home sale price for the third quarter of 2022.
The following table compares Ely to other Linn County cities with similar median sale prices in the third quarter of 2022:
| City | July - September 2022 Home Sales | July - September 2021 Home Sales | % change (Total Home Sales) | July - September 2022 Median Sales Price | July - September 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Robins | 16 | 12 | 33.3 | $434,450 | $297,000 | 46.3 |
| Fairfax | 19 | 24 | -20.8 | $381,108 | $290,250 | 31.3 |
| Walford | 3 | 0 | - | $313,500 | $0 | - |
| Mount Vernon | 26 | 30 | -13.3 | $305,000 | $264,500 | 15.3 |
| Ely | 14 | 13 | 7.7 | $293,475 | $298,900 | -1.8 |
| Lisbon | 25 | 9 | 177.8 | $262,000 | $190,000 | 37.9 |
| Hiawatha | 34 | 41 | -17.1 | $240,000 | $205,000 | 17.1 |
| Marion | 232 | 316 | -26.6 | $230,550 | $204,750 | 12.6 |
| Center Point | 11 | 25 | -56 | $229,900 | $242,000 | -5 |
| Springville | 7 | 16 | -56.3 | $215,000 | $173,250 | 24.1 |
| Central City | 9 | 11 | -18.2 | $199,900 | $125,000 | 59.9 |
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