Why Live in Shelter Island
Shelter Island, an isolated 20-square-mile island accessible only by ferry, offers a unique living experience surrounded by the sea. Known for its peaceful atmosphere and low crime risk, the community has a close-knit feel with one grocery store where everyone knows each other. Seasonal changes impact the island's lifestyle, with many residents leaving after Labor Day, although more are staying year-round due to remote work. Attractions include Sunset Beach for swimming and water sports, and Mashomack Preserve, a 2,000-acre space with hiking trails and diverse wildlife. The island also hosts annual events like the Arts & Crafts Fair and a 10K race. Dining options are vibrant, with popular spots like Stars Café, Vine Street Café, and SALT Waterfront Bar & Grill. Shelter Island School, serving kindergarten through 12th grade, is highly rated and features small class sizes. Homes often have spacious yards and range from Colonials to modern styles, starting at $1.3 million. Essential services include an IGA Supermarket and seasonal farmers market, but the island lacks a hospital and mail delivery, requiring trips to the post office. The South Ferry connects residents to Long Island, with a two-hour drive to New York City.
Home Trends in Shelter Island, NY
On average, homes in Shelter Island, NY sell after 143 days on the market compared to the national average of 50 days. The median sale price for homes in Shelter Island, NY over the last 12 months is $1,950,000, up 18% from the median home sale price over the previous 12 months.
Median Sale Price
$1,950,000
Median Single Family Sale Price
$1,990,000
Average Price Per Sq Ft
$913
Number of Homes for Sale
10
Last 12 months Home Sales
5
Median List Price
$1,990,000
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
18%