Is Shelter Island, NY 11964 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Shelter Island is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.4%Sold price ÷ list price
Median days on market164Listing to accepted offer
Median price per sq ft$801

The Shelter Island housing market right now

In the three months ending August 31, 2026, 0% of homes in Shelter Island, NY 11964 sold above their list price, the typical home went under contract in 164 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Within Suffolk County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, West Sayville 11796 (100% sold over asking) and Peconic 11958 (100% sold over asking) are even more competitive.

Nearby markets

Amagansett 11930Balanced $988 /sq ftAmityville 11701Seller’s market $442 /sq ftBabylon 11702Seller’s market $455 /sq ftBay Shore 11706Seller’s market $426 /sq ft Browse all markets →

Where Shelter Island is

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Questions about Shelter Island real estate

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

A buyer’s market: there were 8 months of supply in Shelter Island, NY 11964 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Shelter Island?

The typical home went under contract in 164 days in the latest three months.

Do homes in Shelter Island sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.4% of the list price.

What are property taxes in Shelter Island?

About 1.73% of a home’s value a year in Suffolk County, or roughly $6,920 on a $400,000 home.

What is the median home price in Shelter Island?

The median sale price was $1,299,438 in the three months ending August 31, 2026, about $801 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology