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Housing in Shelter Island

21 homes sold in Shelter Island in the last year, at a typical $2.5M

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Shelter Island homes are listed.

Homes for sale in Shelter IslandZillowRedfinRealtor.comMore places to look ↓
Homes sold
21
October 2025 to September 2026
Typical sale price
$2.5M
median, weighted by sales
Price per square foot
$903
New York $398
Paid vs. asking
92.6%
5% sold over asking
For sale now
26
September 2026 · 1 sold that month
What sold · last 12 months

Houses are 100% of Shelter Island’s sales, at a typical $2.4M (year to May 2026)

21 homes sold in the year to September 2026.

Houses$2.4M

typical sale · 17 sold in the year to May 2026

Per square foot
$847NY $316
Days to sell
220
Sold over asking
0%
Listings with a price cut
20%
5 years of sales

About as many homes sell as usual, at twice the 2017 price

21 sales in the last year, against 34 in 2020 and a low of 17 in 2017. The typical sale went from $1.1M in 2017 to $2.5M.

Homes soldTypical sale price
012253750$1.2M$1.7M$2.1M$2.6M2015: 28 sold, typical $820K’152017: 17 sold, typical $1.1M2019: 17 sold, typical $1.3M’192020: 34 sold, typical $1.1M2021: 22 sold, typical $1.9M’21Last 12 months: 21 sold, typical $2.5MNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $2M buys in Shelter Island

Houseat $847 a sq ft, year to May 2026
The same money in New Yorkat $316 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Shelter Island homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Shelter Island home costs about $13,990 a month

Mortgage
Property tax
Insurance
Rent

Price: Shelter Island’s typical sale, last 12 months. Property tax at Shelter Island’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Shelter Island is affordable on local pay is on Cost of living.

Before you buy in Shelter Island

Five things worth knowing

0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $2.5M home, about $13,300 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Shelter Island, from test results, graduation and how much students grow.

Schools in Shelter Island
34 min

Typical commute

The average one-way trip to work for people who live in Shelter Island.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Greenport, Greenport West, Southold and East Marion sell for less a square foot

The busier markets within 25 miles of Shelter Island, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Southold95$1M$55818%76
Greenport West44$870K$52016%104
Noyack37$2.4M$9718%182
Northwest Harbor35$2.4M$90510%150
East Marion22$1.2M$79421%86
Shelter Island21$2.5M$9035%194
Greenport20$912K$60612%155

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Shelter Island, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Shelter Island. People who follow the town see it, and so do people comparing Shelter Island with their own town. No commission, no listing fee.

Questions about buying a home in Shelter Island

What do homes sell for in Shelter Island, NY?

21 homes sold in the year to September 2026 at a typical $2.5M, $903 a square foot.

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

A buyer’s market: 26 homes were for sale in September 2026 and 1 sold, about 20 months of supply. Buyers paid 92.6% of asking on average.

How much are property taxes in Shelter Island?

About 0.5% of a home’s value a year. On a $2.5M home that’s near $13,300.

Where can I see homes for sale in Shelter Island?

Zillow, Redfin, Realtor.com and Homes.com all carry Shelter Island’s MLS listings; the search links above open each one filtered to Shelter Island.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).