Kelleys Island, OH is a great place for people looking to invest in real estate. The current median value of housing is $331,100 and is slightly lower than the US house median value of $338,100. However, it looks like Kelleys Island may be experiencing greater appreciation than the nation as a whole; over a one-year period, the house appreciation rate was 12.50%, which is higher than the US average of 8.27%. This could signify that Kelleys Island's housing market is on the rise and may be an attractive investment option for homeowners looking to capitalize on increased equity in their homes.
The median home cost in Kelleys Island is $331,100. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Kelleys Island is up 14.1%.
Average Age of Homes
- The median age of Kelleys Island real estate is 32 years old
The Rental Market in Kelleys Island
- Renters make up 2.9% of the Kelleys Island population
- 0.3% of houses and apartments in Kelleys Island, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.