Median home value in zip code 55731 (Ely, MN) is $267K, up 5.0% year over year. Part of the Duluth, MN-WI metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Duluth, MN-WI metro →

Home Value$267,145

YoY Change

+5.0%

AFFORDABILITY

Enter your income for 55731 (Ely).

Income (annual)

Down Payment

$53,429 on $267,145

Stretch — 28% of income

Above 28% but manageable with cuts.

PITI$1,750

P/I28%

Afford$267K

Room+$0K

P&I $1,351Tax $249Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

55731 is part of the Duluth, MN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Duluth, MN-WI analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free