Housing Prices in Shelter Island, NY

How much do homes in Shelter Island, NY cost?

Median List Price

$1,650,000

$716/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2022

+$375,000(+29.4%)

Key Takeaway

The list price of homes in Shelter Island has increased by 29.4% since last year.

Summary: The median home list price in Shelter Island was $1,650,000 in November 2023, up 29.4% from the previous year, and the median price per square foot was $716.

Median List Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 --
N/A
2 $950K$1.0M
+7.9%
3 $1.1M$1.5M
+29.6%
4 $1.8M$2.0M
+9.3%
5+ $2.2M$5.8M
+161.2%

Summary: Shelter Island housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 29.6%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 161.2%.

Median List Price Compared To Nearby Cities

Shelter Island
+29.4%
Southold
+13.1%

Housing Supply in Shelter Island, NY

How many homes are available in Shelter Island, NY?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
710+42.9%

Summary: The Shelter Island real estate market had 10 homes for sale in November 2023, a 42.9% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 00
0.0%
3 46
+50.0%
4 33
0.0%
5+ 01
+100.0%

Summary: The Shelter Island housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for Shelter Island, NY

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

Average Listing Age

Nov 2022Nov 2023CHANGE
285 Days127 Days-55.4%

Summary: Homes in Shelter Island had an average listing age of 127 days in Nov 2023, down by 55.4% compared to the previous year.

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

Report Updated 1 Day Ago

Newest Listings in Shelter Island, NY

Nearby Markets to Shelter Island, NY

What housing markets are near Shelter Island, NY?