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Kelleys Island (Kellys Island)

KELLEYS ISLAND, OH 43438

Real Estate Market Report  ·  Erie County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 43438

Kelleys Island (Kellys Island)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The KELLEYS ISLAND, OH real estate market (43438) currently shows 5 active listings, with 1 pending sales. Homes are averaging 16 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 16 days on market compared to 15 days last year.

The median listing price has risen 11.3% year-over-year, from $554,900 to $617,475.

Whether you are buying or selling in KELLEYS ISLAND, OH, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 221  ·  Density: 19.6/mi²  ·  Median household income: $74,375

Typical home value: $300,181  ·  Homeownership: 94.9%

Market Overview

Active Listings
5
vs 5 last year
Pending
1
20% pending ratio
Median Price
$617,475
⇧ 11.3% vs $554,900 last year
Average Price
$647,638
⇩ 13.8% vs $751,567 last year
Days on Market
16
⇧ 6.7% vs 15 days last year

Price Per Square Foot

Median $/sqft
$393
⇧ 17.7% vs $334/sqft last year
Median Home Size
1,635 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 16 now vs 15 last year

Median & Average Pricing

Year over Year
  • Median: $617,475 (+11.3% YoY)
  • Average: $647,638 (-13.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.8 miles — 288 listings ($101,356,981 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
43438Kelleys Island, OH 434380.0 mi2$842,500$421,250$421,250
43456Put In Bay, OH 434567.1 mi8$10,965,368$869,750$1,370,671
44870Sandusky, OH 4487013.6 mi117$35,887,761$228,000$306,733
44824Castalia, OH 4482416.3 mi8$2,128,296$269,900$266,037
43464Vickery, OH 4346418.2 mi3$825,000$275,000$275,000
44814Berlin Heights, OH 4481422.9 mi11$7,108,563$438,700$646,233
43449Oak Harbor, OH 4344923.2 mi22$5,934,368$271,475$269,744
44847Monroeville, OH 4484725.8 mi3$667,350$148,675$222,450
44828Flat Rock, OH 4482826.8 mi1$66,000$66,000$66,000
44857Norwalk, OH 4485727.4 mi42$13,837,698$269,950$329,469
44053Lorain, OH 4405327.8 mi55$15,746,555$266,725$286,301
43432Graytown, OH 4343228.4 mi2$439,950$219,975$219,975
44889Wakeman, OH 4488929.8 mi14$6,907,572$375,000$493,398

Frequently Asked Questions

How many homes are for sale in KELLEYS ISLAND, OH 43438?

As of March 2026, there are 5 active listings in KELLEYS ISLAND, OH (zip code 43438), compared to 5 the prior year.

What is the median home price in KELLEYS ISLAND, OH 43438?

The median listing price in KELLEYS ISLAND, OH 43438 is $617,475 as of March 2026, a 11.3% increase from $554,900 the prior year.

How long do homes stay on the market in KELLEYS ISLAND, OH?

Homes in KELLEYS ISLAND, OH 43438 spend an average of 16 days on the market before going under contract, compared to 15 days the prior year.

Is it a seller's or buyer's market in KELLEYS ISLAND, OH 43438?

Based on current inventory and days-on-market data as of March 2026, KELLEYS ISLAND, OH 43438 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 16 days on market compared to 15 days last year.

How much can I save on real estate commission in KELLEYS ISLAND, OH?

With SELL123.com's maximum 3% commission, sellers in KELLEYS ISLAND, OH 43438 save an estimated $12,350 compared to a typical 5% commission on the median listing price of $617,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.