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Preforeclosure Homes in Ely, NV

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Living in Ely, NV

Ely, NV is a small, scenic town known for its outdoor recreational opportunities and historic charm. With a rich mining heritage and a welcoming community, it's an ideal location for those who enjoy nature and a leisurely lifestyle. Residents can find a range of local amenities and a variety of family-friendly activities throughout the town.

Current Market Conditions in Ely, NV

The real estate market in Ely, NV is currently experiencing a stable trend with moderate price increases. With its affordable housing options and appealing lifestyle, Ely attracts both retirees and families looking for tranquility away from urban hustle.

The housing inventory remains low, which has pushed prices slightly higher over the past few months. However, Ely still offers some of the most affordable real estate options in Nevada, making it an attractive market for first-time homebuyers.

Home Value Estimator For Ely, NV

There are currently 2,639 real estate properties in Ely, NV, with a median automated valuation model (AVM) price of $190,198.00. 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 $233,428.00, with the most expensive house in Ely, NV, topping out at $15,580,801.00 and the cheapest home in Ely, NV, clocking in at $10,888.00. 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 Preforeclosure Homes


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