Discover Ely, NV: A REALTOR’s® Guide to Houses for Sale and Market Trends

About Ely, Nevada

Ely is a city in White Pine County, Nevada, United States. It is the county seat of White Pine County and is the largest city within the county. Ely is located in the eastern part of Nevada, near the border with Utah. The city’s elevation is approximately 6,437 feet (1,962 m) above sea level, making it one of the highest cities in Nevada. Ely is known for its rich history, particularly its connection to the mining industry, which has been a significant part of its economy since the 19th century. Today, Ely attracts visitors with its natural beauty, outdoor recreational activities, and historical attractions such as the Nevada Northern Railway Museum.

Reasons for Relocating to Ely, Nevada

Relocating to Ely, Nevada, can be an attractive option for many reasons. The city offers a unique blend of small-town charm and access to a wide range of outdoor activities, making it an ideal place for nature lovers and adventure seekers. Ely is surrounded by vast natural landscapes, including Great Basin National Park, Cave Lake State Park, and Ward Charcoal Ovens State Historic Park, providing opportunities for hiking, camping, fishing, and wildlife viewing. The low cost of living compared to many other parts of the United States, combined with the peaceful, rural lifestyle, makes Ely a desirable location for individuals and families looking for a slower pace of life or a retreat from urban centers.

Real Estate and Economic Outlook in Ely, Nevada

The real estate market in Ely, Nevada, offers affordable options for those looking to purchase a home or invest in property. The cost of living in Ely is generally lower than the national average, which is reflected in the housing prices. According to online real estate platforms, the median home price in Ely is competitive, making it an accessible market for first-time homebuyers and real estate investors alike. The local economy is primarily driven by mining, tourism, and rail transportation, with the Nevada Northern Railway being a significant employer in the area. Additionally, Ely’s economy benefits from its proximity to outdoor recreational areas, attracting tourists and supporting local businesses. While the economy has faced challenges, the community’s resilience and the ongoing efforts to diversify its economic base bode well for the future of Ely.

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Areas Near Ely, Nevada

Zip Codes in Ely

Ely itself primarily falls under the zip code 89301. This is the main postal code for the city and covers most of the residential and commercial areas.

Nearby Zip Codes

Adjacent to Ely, several nearby zip codes include 89311 for Baker, 89314 for Duckwater, and 89317 for Lund. These areas are smaller communities or unincorporated areas within White Pine County and offer a more rural lifestyle.

Neighborhoods in Ely

Within Ely, neighborhoods such as Murry Canyon and East Ely are notable. Murry Canyon is known for its proximity to outdoor activities and scenic views, while East Ely is closer to the Nevada Northern Railway Museum and commercial centers.

Nearby Neighborhoods

Close to Ely, McGill is a nearby neighborhood or small town, located about 12 miles north via US-93. It offers a quieter way of life and has its own unique small-town charm, with a history closely tied to the mining industry in the region.

Subdivisions in Ely

Ely doesn’t have subdivisions in the traditional sense seen in larger cities, but it does have distinct areas such as the aforementioned East Ely and Murry Canyon, each with its own character and types of housing available.

Adjacent Places

Great Basin National Park is a significant adjacent place near Ely, located about 60 miles southeast. It’s known for its ancient bristlecone pines, Lehman Caves, and the majestic Wheeler Peak. The small town of Baker serves as a gateway to this national park. Another adjacent area is Steptoe Valley, which stretches along the eastern side of Ely, offering beautiful landscapes and outdoor recreational activities.

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