Market Overview
Home Prices in Kelleys Island, OH
The median home value in Kelleys Island, OH is $424,145 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.6% compared to a year ago and up 8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kelleys Island are priced3% above average. Kelleys Island is part of the Sandusky, OH metro area.
Over the past five years, Kelleys Island home values have risen by approximately31.6%, reflecting strong long-term appreciation in this market.
Price History
Kelleys Island Home Price Trend
City Comparison
Kelleys Island vs. National Median
At $424,145, homes in Kelleys Island cost 3% above the national median of $410,000. Buyers in Kelleys Island should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Kelleys Island?
20% Down Payment
$84,829
on $424,145
Monthly P&I
$2,212/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,809/mo
incl. taxes & insurance
Income Needed
$112,360
gross annual (30% rule)
10% Down Option
$42,415
+ PMI applies
Loan Amount (20% dn)
$339,316
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Kelleys Island, OH?
The median home value in Kelleys Island is $424,145 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.6% year-over-year.
How much have home prices changed in Kelleys Island?
Over the past year, home values in Kelleys Island have increased by 0.6%. Over five years, prices have risen approximately 31.6%.
How much do I need to earn to buy a home in Kelleys Island?
To comfortably afford the median home price of $424,145 with a 20% down payment ($84,829) at today's rates (6.8%), you'd need a gross annual income of approximately $112,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Kelleys Island compare to the national average home price?
The national median home value is approximately $410,000. At $424,145, homes in Kelleys Island are 3% above the national average.
What metro area is Kelleys Island part of?
Kelleys Island is part of the Sandusky, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.