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Featured local agent — Kelleys Island, OH
Sarah Mitchell
Compass Real Estate · Kelleys Island, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Kelleys Island, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$362,500median sale price
How is the Kelleys Island, OH housing market right now?
The median home sale price in Kelleys Island, OH is $362,500, down 58.6% year-over-year. Homes sell in an average of 48 days with 4 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Kelleys Island a buyer's or seller's market?
Kelleys Island, OH is currently a balanced market, based on 2.0 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
48
Average pace
Active listings
4
2.0 months supply
Sale-to-list
85.5%
Below asking
What does the Kelleys Island housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $362,500 |
| Median list price | $334,900 |
| Year-over-year price change | -58.6% |
| Average days on market | 48 days |
| Active inventory | 4 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 85.5% |
| Median price per sq ft | $331/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Kelleys Island by property type?
How the Kelleys Island, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $362,500 | $331/sq ft | 2 | 48 days |
| Condo / Co-op | $420,000 | $384/sq ft | 1 | 175 days |
Source: Redfin · Updated monthly
The Kelleys Island housing market is currently classified as a balanced market with a median sale price of $362,500. Prices have fallen 58.6% compared to last year, with homes spending an average of 48 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Kelleys Island
There are currently 4 homes listed for sale in Kelleys Island, Ohio. The median listing price is $335K.
Active listings
4
Homes on market
Median list price
$335K
Avg. days on market
48
Days until sale
New this week
1
Newly listed
Who lives in Kelleys Island?
Population
198
Median income
$91,875/yr
Median age
64.6 years
Owner-occupied
93.5%
College grads
49.4%
Avg commute
20 min
Source: U.S. Census Bureau ACS
What are homes worth in Kelleys Island?
Zillow home value
$424,145
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Kelleys Island?
Kelleys Island is a community of approximately 0K residents with a median age of 64.6 years.The median household income is $91,875, which reflects a relatively affluent area with strong earning potential. 49.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 93.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 20 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Kelleys Island offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Kelleys Island?
1 schools tracked · 7 students
The largest public schools serving Kelleys Island, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Kelleys Island High School
Grades 1-8 · 7 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Kelleys Island, OH?
Want a head-to-head view? Compare Kelleys Island side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Kelleys Island?
The median home sale price in Kelleys Island is $362,500, down 58.6% from last year.
How long do homes stay on market in Kelleys Island?
Homes typically spend 48 days on market before going under contract.
What is the median income in Kelleys Island?
The median household income is $91,875 per year.
Is Kelleys Island a buyer's or seller's market?
With 2.0 months of supply, Kelleys Island is currently a balanced market.
What is the Zillow home value estimate for Kelleys Island?
The Zillow Home Value Index (ZHVI) for Kelleys Island is $424,145, representing the typical home value in the area.
What is the median condo price in Kelleys Island?
The median condo/co-op sale price in Kelleys Island, OH is $420,000, compared to $362,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Kelleys Island?
The median single-family home price in Kelleys Island, OH is $362,500 (about $331 per square foot).
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