Market report, updated

Ely Home Values and Market Report

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Report prepared by localrealestateonline.com Coldwell Banker Realty

Market at a glance

Over the last 12 months, homes sold for 99.3% of list price in 78 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $110K Sold · $120K
$470K$340K$210K$80K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 7 sales in Nov. Last month: 0.

Where the market stands

All homes in this report, by status.

49homes
Active7 · 14%
Under contract5 · 10%
Sold (12 mo)37 · 76%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$261K
Under contract$434K
Sold$255K

Average days on market

Active61 days
Under contract292 days
Sold78 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 7
Average list price $260,842
Avg. days on market 61 days
Avg. price per ft² $127 Based on 5 of 7 homes
Avg. living area 2,342 ft² Based on 5 of 7 homes
Avg. beds / baths 3.8 / 2.6

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 5 homes plotted, up to $600K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

2 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 5 homes in this status.

5203 W Ridgewood Drive$157
12940 W Linden Lane$144
1365 Jewel Bay Road$123
425 Barwell Street$113
358 Merriman Road$101

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
358 Merriman RoadAkron, OH 44303 543,852$390,000$1016 days
12940 W Linden LaneParma, OH 44130 432,634$380,000$14426 days
5203 W Ridgewood DriveParma, OH 44134 321,617$255,000$1571 day
1365 Jewel Bay RoadCortland, OH 44410 321,744$215,000$12380 days
425 Barwell StreetAkron, OH 44303 421,864$212,000$11318 days
827 Middle AvenueElyria, OH 44035 ———$198,900—286 days
134 Middle AvenueElyria, OH 44035 ———$175,000—8 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
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.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than Coldwell Banker Realty are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided 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. Copyright© 2026 Dayton Area Board of Realtors®