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Featured local agent — Shelter Island, NY
Sarah Mitchell
Compass Real Estate · Shelter Island, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Shelter Island, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$4.08Mmedian sale price
How is the Shelter Island, NY housing market right now?
The median home sale price in Shelter Island, NY is $4.08M, up 208.7% year-over-year. Homes sell in an average of 192 days with 21 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Shelter Island a buyer's or seller's market?
Shelter Island, NY is currently a buyer's market, based on 7.0 months of supply and homes selling in about 192 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
192
Average pace
Active listings
21
7.0 months supply
Sale-to-list
94.6%
Below asking
What does the Shelter Island housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $4.08M |
| Median list price | $2.35M |
| Year-over-year price change | +208.7% |
| Average days on market | 192 days |
| Active inventory | 21 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 94.6% |
| Median price per sq ft | $1,109/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 7 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Shelter Island by property type?
How the Shelter Island, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $4.08M | $1,109/sq ft | 3 | 192 days |
Source: Redfin · Updated monthly
The Shelter Island housing market is currently classified as a buyer's market with a median sale price of $4.08M. Prices have risen 208.7% compared to last year, with homes spending an average of 192 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 14.3x provides context for how home values compare to local earning capacity.
Homes for sale in Shelter Island
There are currently 21 homes listed for sale in Shelter Island, New York. The median listing price is $2.4M.
Active listings
21
Homes on market
Median list price
$2.4M
Avg. days on market
192
Days until sale
New this week
7
Newly listed
Who lives in Shelter Island?
Population
2,281
Median income
$129,410/yr
Median age
40.6 years
Owner-occupied
84.2%
College grads
55.0%
Avg commute
36.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Shelter Island?
Zillow home value
$1.86M
Price-to-income
14.3x
Source: Zillow Research
What is it like to live in Shelter Island?
Shelter Island is a community of approximately 2K residents with a median age of 40.6 years.The median household income is $129,410, which reflects a relatively affluent area with strong earning potential. 55.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 84.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 36.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Shelter Island offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Shelter Island?
1 schools tracked · 193 students
The largest public schools serving Shelter Island, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
SHELTER ISLAND SCHOOL
Grades PK-12 · 193 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Shelter Island, NY?
Want a head-to-head view? Compare Shelter Island side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Shelter Island?
The median home sale price in Shelter Island is $4.08M, up 208.7% from last year.
How long do homes stay on market in Shelter Island?
Homes typically spend 192 days on market before going under contract.
What is the median income in Shelter Island?
The median household income is $129,410 per year.
Is Shelter Island a buyer's or seller's market?
With 7.0 months of supply, Shelter Island is currently a buyer's market.
What is the Zillow home value estimate for Shelter Island?
The Zillow Home Value Index (ZHVI) for Shelter Island is $1.86M, representing the typical home value in the area.
How much does a single-family home cost in Shelter Island?
The median single-family home price in Shelter Island, NY is $4.08M (about $1,109 per square foot).
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