Market Data
Ely Housing Market — Live Data
Live active inventory, trailing-12-month closings, median asking price, and $/sqft for Ely, NV — pulled hourly from the GLVAR MLS via OpenIDX.
Stephen Tomes
Nevada RE License #BS.0146591
- Active inventory
- 70
- Closed (12 mo)
- 49
- Months of supply
- 17.1
- Median list
- $210,000
Ely live market data
- Active MLS listings
- 70
- Closed transactions (12 mo)
- 49
- Months of supply
- 17.1
- Median list price
- $210,000
- Avg $/sqft (active)
- $186
- Active price band
- $19,000 – $3,601,543
Right now, GLVAR
Trailing 12 months
Indicates a buyer's market
Active inventory
Source: Greater Las Vegas Association of REALTORS® (GLVAR). Months-of-supply = active inventory ÷ (trailing-12-month closings ÷ 12). Block-level conditions vary.
Reading the Ely market
Months-of-supply is the most useful single number for evaluating the Ely market. Under 4 months historically indicates a seller's market (multiple offers common, list-to-close above 100%). Over 6 months indicates a buyer's market (price reductions common, list-to-close under 100%). Between 4 and 6 is balanced.
These numbers vary materially block-by-block in Ely. A guard-gated luxury enclave can sit at 9 months of supply while a sub-$600K family-home pocket two miles away sits at 2.5 — and citywide medians can hide both. When you're ready to move on a specific property, Stephen pulls the data tied to your exact street and floor plan.
Currently active Ely listings
Ely housing market FAQ
Is Ely a buyer's or seller's market right now?+
Today's months-of-supply for Ely, computed from live MLS active inventory and trailing-12-month closings, sits at roughly 17.1 months — historically considered a buyer's market. Block-by-block conditions vary; Stephen pulls neighborhood-specific data on the first call.
What's the median home price in Ely?+
The current median list price for active Ely listings is $210,000. Average $/sqft on active inventory is $186.
How fast are Ely homes selling?+
Days-on-market and list-to-close ratios vary block-by-block in Ely. Stephen pulls these specific to the property you're considering — not a citywide average — so your offer strategy is tied to the relevant comp set.
Will Ely home prices go up or down in 2026?+
Stephen does not forecast. He brings forward the data — months-of-supply, absorption rate, year-over-year median, and the relevant comp set — and lets clients make the call with full information. The Las Vegas valley sits in the middle of a multi-year inventory normalisation; conditions are not uniform across submarkets.
How is the Ely luxury market different from the broader market?+
Ely luxury inventory ($1.5M+) typically has longer days-on-market and higher months-of-supply than the median market, but the absolute number of high-end transactions has remained strong through 2025. Many luxury sales never appear on the public MLS — Stephen tracks off-market and pre-list inventory daily.
Get a free Ely CMA
Stephen runs free comparative market analyses on any specific Ely address — for buyers writing offers and sellers planning to list. (702) 703-9077.
Listing data updated May 18, 2026, 5:51 AM. Listing information provided in part by the Greater Las Vegas Association of REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Equal Housing Opportunity. All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin.
Brokerage: Huntington & Ellis, A Real Estate Agency · Agent: Stephen Tomes, Nevada RE License #BS.0146591 · Source: Greater Las Vegas Association of REALTORS® (GLVAR)