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Rent To Own Homes in Kelleys Island, OH

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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 156 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 is a charming island located in Lake Erie, known for its beautiful natural scenery and relaxed atmosphere. The island features stunning parks, historic sites, and a thriving community that embodies the spirit of small-town America. Here, outdoor enthusiasts can enjoy hiking, fishing, and cycling, making it a perfect spot for nature lovers.

Current Market Conditions in Kelleys Island, OH

Kelleys Island's real estate market is currently characterized by a steady demand for vacation homes and permanent residences, driven by the appeal of island living and seasonal tourism. Homes on Kelleys Island tend to retain their value due to the unique nature of the location, with many buyers attracted to the outdoor lifestyle and community feel of the area.

Over the past few years, there has been an observable trend of increasing interest in Kelleys Island properties, particularly among those seeking summer homes. The blend of seasonal and permanent residents has led to diverse housing options available, catering to various price ranges and styles of living.

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.

Kelleys Island, OH Rent To Own Homes

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