Housing Prices in Shelter Island, NY

How much do homes in Shelter Island, NY cost?

Median List Price

$1,950,000

$738/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$478,000(+32.5%)

Key Takeaway

The list price of homes in Shelter Island has increased by 32.5% since last year.

Summary: The median home list price in Shelter Island was $1,950,000 in April 2024, up 32.5% from the previous year, and the median price per square foot was $738.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $950K$1.0M
+13.2%
3 $1.1M$1.5M
+31.4%
4 $1.8M$2.7M
+43.4%
5+ $2.2M$3.8M
+73.2%

Summary: Shelter Island housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 31.4%, 4 bedroom homes increased by 43.4%, and 5+ bedroom homes increased by 73.2%.

Median List Price Compared To Nearby Cities

Shelter Island
+32.5%
Southold
+15.3%

Housing Supply in Shelter Island, NY

How many homes are available in Shelter Island, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1315+15.4%

Summary: The Shelter Island real estate market had 15 homes for sale in April 2024, a 15.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 66
0.0%
4 46
+50.0%
5+ 22
0.0%

Summary: The Shelter Island housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Days on Market for Shelter Island, NY

How long does it take to sell a home in Shelter Island, NY?

Average Listing Age

Apr 2023Apr 2024CHANGE
255 Days122 Days-52.3%

Summary: Homes in Shelter Island had an average listing age of 122 days in Apr 2024, down by 52.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Shelter Island, NY

Nearby Markets to Shelter Island, NY

What housing markets are near Shelter Island, NY?