#847290, Listing office: Atlas Sales Realty
Shelter Island Housing Market Report May 2025•Suffolk County, New York
Housing Prices in Shelter Island, NY
How much do homes in Shelter Island, NY cost?
Housing Market Conditions
Is Shelter Island, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Shelter Island is a Seller's Market
Difference Since May 2024
At the same time last year, Shelter Island was a Buyer's Market.
Shelter Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Shelter Island have sold for 41.5% more than they did a year ago.
Summary: The median home sold price in Shelter Island was $1,900,000 in May 2025, up 41.5% from last year, and the median price per square foot was $898.
Median Sold Price By Cities
City | May 2024 | May 2025 | Change YoY |
---|---|---|---|
Shelter Island | $1.3M | $1.9M | +41.5% |
Southold | $1.0M | $975K | -8.7% |
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $902.5K | $987.4K | +9.4% |
33 Bedrooms | $1.2M | $1.7M | +35.7% |
44 Bedrooms | $1.7M | $2.5M | +43.9% |
55+ Bedrooms | $1.6M | $4.1M | +161.7% |
Summary: Shelter Island housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.4%. The home price for 3 bedroom homes increased by +35.7%. The home price for 4 bedroom homes increased by +43.9%. The home price for 5 bedroom homes increased by +161.7%.
How does Shelter Island, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Shelter Island, NY
Housing supply in Shelter Island, NY
How many homes are available in Shelter Island, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
17Last MonthMay 2025 | ||
132 months agoApr 2025 | +30.8 % Change MoMApr – May |
Summary: The Shelter Island real estate market had 17 homes for sale in May 2025, a 30.8 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
3Last MonthMay 2025 | ||
02 months agoApr 2025 | +100.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 3 | 5 | +66.7% |
44 Bedrooms | 4 | 5 | +25.0% |
55+ Bedrooms | 5 | 6 | +20.0% |
Summary: Shelter Island housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +66.7%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in Shelter Island, NY cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price2 Homes
If you're buying a home in Shelter Island, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Shelter Island in May 2025, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.
Days on Market for Shelter Island, NY
How long does it take to sell a home in Shelter Island, NY?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days1 Home
Many homes in Shelter Island are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 3 homes were sold in Shelter Island; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
70 DaysThis YearMay 2025 | ||
108 Days1 year agoMay 2024 | -35.2 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Shelter Island had an average listing age of 70 days in May 2025, down by 35.2% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Shelter Island, NY
What homes are available in Shelter Island, NY?
Nearby markets
Popular Cities with Homes for Sale in New York
- Homes for sale in Albany, NY
- Homes for sale in Amherst, NY
- Homes for sale in Brooklyn, NY
- Homes for sale in Buffalo, NY
- Homes for sale in Carmel, NY
- Homes for sale in Elmira, NY
- Homes for sale in Harrison, NY
- Homes for sale in Jamestown, NY
- Homes for sale in Manhattan, NY
- Homes for sale in New Rochelle, NY
- Homes for sale in New York, NY
- Homes for sale in Queens, NY
- Homes for sale in Riverhead, NY
- Homes for sale in Rochester, NY
- Homes for sale in Schenectady, NY
- Homes for sale in Smithtown, NY
- Homes for sale in Syracuse, NY
- Homes for sale in Utica, NY
- Homes for sale in Valley Stream, NY
- Homes for sale in White Plains, NY
- Homes for sale in Yonkers, NY
MLS Disclaimers and Copyright
Based on information from OneKey MLS, for the period 06/01/2023 - 06/01/2025

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/24/2025, 11:41:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.