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Foreclosure Homes in Kelleys Island, OH

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Kelleys Island, OH Foreclosures

Current Market Conditions in in Kelleys Island, OH As of March 2026?
Over the last month, Kelleys Island has seen a slight increase in home sales, particularly among vacation homes. Buyers are becoming more attracted to the idea of investing in a second home or rental property on the island. Availability has been somewhat limited, which is driving up prices and creating competition among buyers.
How much do homes sell for in Kelleys Island, OH?
The average home price is currently $492,040.
In Kelleys Island, OH, how many homes are available?
There are currently 117 active home listings available in Kelleys Island.
What’s the average rental cost in Kelleys Island, OH?
The average rental price in Kelleys Island is $1,389.
What is the most expensive home in Kelleys Island?
The most expensive home sold in Kelleys Island had a price of $3,777,480.
What is currently the cheapest priced home in Kelleys Island, OH?
The cheapest home for sale in Kelleys Island is priced at $28,750.

Living in Kelleys Island, OH

Kelleys Island, Ohio, is a serene island getaway nestled in Lake Erie. It offers stunning natural beauty, numerous outdoor activities, and a close-knit community atmosphere. With its rich history and charming local amenities, it's an ideal location for relaxation and adventure.

Buyer vs Seller Market in Kelleys Island, OH

The real estate market on Kelleys Island has remained relatively steady, with a mix of vacation homes and permanent residences. Home prices vary widely based on proximity to the water and size, indicating a diverse market for both buyers and investors.

New developments focused on eco-tourism and preserving the island's natural beauty continue to attract interest. Seasonal rental properties are particularly popular, driving short-term market demand.

Home Value Estimator For Kelleys Island, OH

There are currently 720 real estate properties in Kelleys Island, OH, with a median automated valuation model (AVM) price of $416,861.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kelleys Island, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Kelleys Island, OH, is $492,040.00, with the most expensive house in Kelleys Island, OH, topping out at $3,777,480.00 and the cheapest home in Kelleys Island, OH, clocking in at $28,750.00. In other words, there’s something for every potential homebuyer or savvy investor in Kelleys Island, OH!

Rent Prices In Kelleys Island, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kelleys Island, OH, is on a rollercoaster ride. The average rent price in Kelleys Island, OH, is $1,389.00. Indeed, when looking to rent in Kelleys Island, OH, you can expect to pay as little as $710.00 or as much as $1,880.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Kelleys Island, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Kelleys Island, OH Foreclosures


Market Trend for Kelleys Island, OH

Total Listings Available: 117

Market Values:

Home Prices from $28,750 to $3,777,480

Average Sales Price: $492,040

Rental Values:

Rental from $710 to $1,880

Average Rent Value: $1,389 / month

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