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Foreclosure Homes in Ely, NV

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Ely, NV Foreclosures

How much do homes sell for in Ely, NV?
The average home price is currently $232,863.
In Ely, NV, how many homes are available?
There are currently 20 active home listings available in Ely.
What’s the average rental cost in Ely, NV?
The average rental price in Ely is $972.
What is the most expensive home in Ely?
The most expensive home sold in Ely had a price of $15,304,664.
What is currently the cheapest priced home in Ely, NV?
The cheapest home for sale in Ely is priced at $10,695.

Living in Ely, NV

Ely, NV is a quaint town in the heart of eastern Nevada, characterized by its historical mining heritage and natural beauty. Residents enjoy access to outdoor activities, a tight-knit community, and a relaxed lifestyle. With nearby national parks and rich cultural sites, Ely offers a unique blend of adventure and tranquility.

Current Market Conditions in Ely, NV

The real estate market in Ely has shown signs of stabilization over the past several months, with a modest increase in home prices and a slight uptick in the number of homes sold. Despite its small size, Ely is witnessing interest from buyers looking for affordable housing options and a slower pace of life away from larger cities.

Investments in local infrastructure and community development encourage a promising outlook for Ely's real estate market. The town is becoming increasingly appealing to those seeking vacation homes or more permanent residences amidst Nevada's scenic charm.

Home Value Estimator For Ely, NV

There are currently 2,648 real estate properties in Ely, NV, with a median automated valuation model (AVM) price of $188,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ely, NV, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ely, NV, is $232,863.00, with the most expensive house in Ely, NV, topping out at $15,304,664.00 and the cheapest home in Ely, NV, clocking in at $10,695.00. In other words, there’s something for every potential homebuyer or savvy investor in Ely, NV!

Rent Prices In Ely, NV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ely, NV, is on a rollercoaster ride. The average rent price in Ely, NV, is $972.00. Indeed, when looking to rent in Ely, NV, you can expect to pay as little as $560.00 or as much as $2,340.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Ely, NV -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Ely, NV Foreclosures


Market Trend for Ely, NV

Total Listings Available: 20

Market Values:

Home Prices from $10,695 to $15,304,664

Average Sales Price: $232,863

Rental Values:

Rental from $560 to $2,340

Average Rent Value: $972 / month

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