Housing Prices in Shelter Island, NY
How much do homes in Shelter Island, NY cost?
Median List Price
$1,675,000
$738/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Shelter Island has increased by 1.5% since last year.
Summary: The median home list price in Shelter Island was $1,675,000 in March 2024, up 1.5% from the previous year, and the median price per square foot was $738.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $950K | $1.1M | +15.8% |
| 3 Bedrooms | $1.4M | $1.6M | +10.2% |
| 4 Bedrooms | $1.8M | $2.1M | +15.8% |
| 5+ Bedrooms | $2.2M | $3.8M | +73.2% |
Summary: Shelter Island housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 73.2%.
Median List Price Compared To Nearby Cities
| Southold | $999.9K | $1.1M | +15.1% |
| Shelter Island | $1.6M | $1.6M | +1.5% |
Housing Supply in Shelter Island, NY
How many homes are available in Shelter Island, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The Shelter Island real estate market had 15 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Shelter Island housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 292 Days | 106 Days | -63.4% |
Summary: Homes in Shelter Island had an average listing age of 106 days in Mar 2024, down by 63.4% compared to the previous year.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.