Kelleys Island—43438
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kelleys Island
As of Oct '25, the median home price in Kelleys Island is $407,000, with a year-over-year change of 3.9%. This indicates that home prices in Kelleys Island are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $407,000 | 3.9% |
| Single Family | $413,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $364,000 | 2.2% |
3 Bed | $452,000 | 5.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kelleys Island
Kelleys Island lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kelleys Island
As of Oct '25, Realtor.com reports that the median days on market for a home in Kelleys Island is 73. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $438,000 | 2.0% |
Listing Count | 4 | -19.0% |
| Listings as % of Homes | 0.5% | -19.0% |
Days on Market | 73 | 1.0% |
Demographics — Kelleys Island
As of the latest ACS Survey released in 2023, Kelleys Island has a population of 198, which has decreased by -2.0% over the past 5 years. Kelleys Island is a less popular place for families, as children make up 1.0% of the population. The area has a highly educated workforce, with 49.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 198 | -2.0% |
% Under 18 | 1.0% | -50.0% |
% Seniors | 48.5% | -15.5% |
% WFH | 32.2% | 122.1% |
% w/ College Degree | 49.4% | 19.0% |
As of the latest ACS Survey released in 2023, Kelleys Island is a predominantly white area, with 93.4% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Kelleys Island is hispanic, making up 6.6% of the population. Foreign-born residents account for 0.5% of the population in Kelleys Island, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.4% | -3.7% |
% Black | 0.0% | N/A |
% Hispanic | 6.6% | 560.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.5% | ∞% |
Mortgage and Risk — Kelleys Island
Kelleys Island lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Kelleys Island
Kelleys Island lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Kelleys Island
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $407,000 |
| Median Household Income | $91,900 |