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Foreclosure Homes in Ely, NV

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Ely, NV Foreclosures

Current Market Conditions in in Ely, NV As of April 2026?
This past month, the Ely real estate market has remained stable, with a slight uptick in home sales attributed to residents seeking more space as remote work persists. Inquiries for homes near recreational areas have grown, indicating a trend towards outdoor living and home appreciation due to local amenities. Sellers are adjusting listings to meet the demand, and homes are averaging fewer days on the market compared to the previous year.
How much do homes sell for in Ely, NV?
The average home price is currently $233,769.
In Ely, NV, how many homes are available?
There are currently 7 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 $15,103,761.
What is currently the cheapest priced home in Ely, NV?
The cheapest home for sale in Ely is priced at $10,025.

Living in Ely, NV

Ely, situated in the heart of northeastern Nevada, is a charming small town known for its rich history and stunning natural landscapes. Home to a vibrant community, Ely offers a unique blend of outdoor adventure and quaint downtown amenities. Residents enjoy easy access to the nearby Great Basin National Park for hiking and stargazing, along with local shops and restaurants that emphasize a sense of community.

Buyer vs Seller Market in Ely, NV

The Ely real estate market has seen a gradual increase in home values over the past year, driven by both tourism interest and the increasing attractiveness of remote living. Inventory levels have remained steady, which is typical for a small town, but the demand for homes has slightly increased, making the market competitive for buyers looking for larger lots and historic properties.

Investors are taking note of Ely's potential for vacation rentals and long-term leases. The combination of natural beauty and relatively affordable housing draws interest from individuals looking for getaway cabins as well as from families seeking more affordable living options in rural areas.

Home Value Estimator For Ely, NV

There are currently 2,928 real estate properties in Ely, NV, with a median automated valuation model (AVM) price of $194,720.00. 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 $233,769.00, with the most expensive house in Ely, NV, topping out at $15,103,761.00 and the cheapest home in Ely, NV, clocking in at $10,025.00. 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: 7

Market Values:

Home Prices from $10,025 to $15,103,761

Average Sales Price: $233,769

Rental Values:

Rental from $560 to $2,340

Average Rent Value: $972 / month

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