Kelleys Island, OH Foreclosures
How much do homes sell for in Kelleys Island, OH?
The average home price is currently $495,751.
In Kelleys Island, OH, how many homes are available?
There are currently 148 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 $3,832,382.
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, OH, is an idyllic destination known for its pristine natural environment and friendly community spirit. This charming island offers a laid-back lifestyle with activities centered around the stunning Lake Erie coastline. Residents enjoy access to local dining, recreational activities, and engaging community events throughout the year.
Current Market Conditions in Kelleys Island, OH
The real estate market on Kelleys Island has shown resilience over the past few months, with increased interest in waterfront properties as buyers seek vacation homes and investment opportunities. The unique appeal of island living combined with limited housing availability has kept property values stable, with some homes experiencing modest appreciation.
Potential buyers can find a range of properties, from cozy cottages to larger family homes, that cater to different budgets. Recent trends indicate a healthy turnover in real estate transactions, making it a favorable time for both buyers and sellers.
Seasonal fluctuations can affect the market, with peak interest usually observed in the spring and summer months due to tourism and the vacation home market.
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 $416,321.00. 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 $495,751.00, with the most expensive house
in Kelleys Island, OH, topping out
at $3,832,382.00 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.
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