Shelter Island, NY Housing Market
$1,863,472
6.6% 1-yrThe average Shelter Island, NY home value is $1,863,472, up 6.6% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Shelter Island Key Takeaways
Typical Home Values: $1,863,472
1-Year Value Change: +6.6%
(Data through August 31, 2026)
Shelter Island Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Greenport West$916,935
- North Haven$3,552,439
- Noyack$1,851,839
- Northwest Harbor$2,335,034
- Springs$1,591,943
- North Sea$1,639,028
- East Hampton North$2,295,022
- Fenwick$4,242,765
- East Hampton Village$6,052,863
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Shelter Island Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Shelter Island, NY?
The median home value in Shelter Island, NY is $1,863,472 as of August 2026. This represents a 1.2% increase compared to last month and a 6.6% increase year-over-year.
How have home values changed in Shelter Island, NY?
Home values in Shelter Island, NY have increased by 1.2% month-over-month and 6.6% year-over-year.
How do home values in Shelter Island, NY compare to Suffolk County, New York, and the national average?
The median home value in Shelter Island, NY ($1,863,472) compares to: Suffolk County ($738,423), New York ($526,714), and the U.S. national median ($368,697).