Shelter Island, NY Housing Market & Real Estate

Leaning buyer's+38.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Shelter Island, NY is $2.29M, up 38.8% year-over-year. Homes sell in an average of 283 days with 12 active listings. The market is currently a leaning buyer's.

$2.29Mmedian sale price

Homes sold

4

Last 12 weeks

Days on market

283

Average pace

Active listings

12

3.0 months supply

Sale-to-list

93.3%

Below asking

Shelter Island, NY market data

Current housing market statistics for Shelter Island, NY
MetricValue
Median sale price$2.29M
Year-over-year price change+38.8%
Average days on market283 days
Active inventory12 listings
Months of supply3.0 months
Sale-to-list price ratio93.3%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Shelter Island housing market is currently classified as a leaning buyer's with a median sale price of $2.29M. Prices have risen 38.8% compared to last year, with homes spending an average of 283 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Shelter Island

There are currently 12 homes listed for sale in Shelter Island, New York.

Active listings

12

Homes on market

Avg. days on market

283

Days until sale

Price drops:8.3%of listings
Sale-to-list:93.3%

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Frequently asked questions

What is the average home price in Shelter Island?

The median home sale price in Shelter Island is $2.29M, up 38.8% from last year.

How long do homes stay on market in Shelter Island?

Homes typically spend 283 days on market before going under contract.

Is Shelter Island a buyer's or seller's market?

With 3.0 months of supply, Shelter Island is currently a leaning buyer's.

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