Kelleys Island

This small island community in Erie County offers a unique real estate market with just 9 active listings serving its population of 198 residents. The median home price sits at $195,000, translating to $104 per square foot for properties that average 3,460 square feet. With an exceptionally high owner-occupied rate of 93.5%, the market reflects strong residential stability rather than investment or vacation rental activity. The median household income of $91,875 supports the local housing costs, while the Kelleys Island Local School District serves the community's educational needs. Given the island's limited geography and small population, inventory remains consistently tight, and properties that do become available typically represent significant market events. The substantial average home size suggests many properties are designed for year-round living rather than seasonal use, contributing to the high ownership rates. Market activity tends to be sporadic due to the limited number of transactions possible in such a small community.

Market description generated from current MLS and U.S. Census data.