Home prices
The median home price in Ely is $216,400. This is about $11,340 (5%) higher in comparison to other places in this area.In comparison to the country as a whole it is is very similar, and is roughly $74,600 (52%) higher in comparison to the city of Cedar Rapids.
Rents
Ely's median monthly rent is $737. Compared to other places in this area it is about $86 (10%) lower.It is about $325 (30%) lower in comparison to the nation as a whole, and compared to the city of Cedar Rapids it is about $30 (3%) lower.
Nearby places
Swisher
Swisher is about 5 miles southwest from Ely. Housing prices there are a little less expensive. The cost of the median home in Swisher is $192,700, which works out to $23,700 (12%) lower than Ely. Rent there is similar. Swisher's median rent is $775 a month, which comes out to $38 (4%) higher than Ely.
Solon
Solon is about 6 miles southeast of Ely. The real estate prices there are a bit more expensive. The value of the median home in Solon is $253,800, which works out to $37,400 (14%) higher than Ely. Its rents are fairly similar. The median monthly rent in Solon is $765, which works out to $28 (3%) higher than Ely.
Mount Vernon
Mount Vernon is approximately 7 miles northeast from Ely. Real estate prices there are somewhat less expensive. The median home cost in Mount Vernon is $203,400, which is $13,000 (6%) lower than Ely. Rents there are pretty similar. The median rent in Mount Vernon is $757 a month, which works out to $20 (2%) higher than Ely.
North Liberty
North Liberty is approximately 8 miles south of Ely. Its real estate prices are similar. The cost of the median home in North Liberty is $220,800, which works out to $4,400 (1%) higher than Ely. Rent there is significantly more expensive. The median monthly rent in North Liberty is $1,110, which is $373 (33%) higher than Ely.
Lisbon
Lisbon is roughly 9 miles east of Ely. The real estate prices there are a lot less expensive. Lisbon's median home value is $154,600, which is $61,800 (39%) lower than Ely. The rent there is pretty similar. In Lisbon the median monthly rent is $707, which is $30 (4%) lower than Ely.
