Shelter Island—11965
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Shelter Island
Home Price Trends — Shelter Island
As of Oct '25, the median home price in Shelter Island is $1,995,000, with a year-over-year change of 2.5%. This indicates that home prices in Shelter Island are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,995,000 | 2.5% |
| Single Family | $2,004,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $1,529,000 | 2.2% |
4 Bed | $2,229,000 | 2.5% |
| 5 Bed | $3,684,000 | 2.5% |
% of Housing Stock
Rental Trends — Shelter Island
Shelter Island lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Shelter Island
As of Oct '25, Realtor.com reports that the median days on market for a home in Shelter Island is 148. This is a increase of 116.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $3,510,000 | -8.0% |
Listing Count | 9 | 7.0% |
| Listings as % of Homes | 0.1% | 7.0% |
Days on Market | 148 | 116.0% |
Demographics — Shelter Island
As of the latest ACS Survey released in 2023, Shelter Island has a population of 421, which has decreased by -39.0% over the past 5 years. Shelter Island is a less popular place for families, as children make up 0.0% of the population. The area has a highly educated workforce, with 84.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 36.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 421 | -39.0% |
% Under 18 | 0.0% | -100.0% |
% Seniors | 38.7% | 4.0% |
% WFH | 36.3% | 327.1% |
% w/ College Degree | 84.4% | 11.2% |
As of the latest ACS Survey released in 2023, Shelter Island is a predominantly white area, with 98.3% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Shelter Island is hispanic, making up 1.2% of the population. Foreign-born residents account for 17.8% of the population in Shelter Island, and this percentage has increased by 323.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.3% | 0.6% |
% Black | 0.5% | ∞% |
% Hispanic | 1.2% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 17.8% | 323.8% |
Mortgage and Risk — Shelter Island
Shelter Island lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Shelter Island
Shelter Island lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,360 |
| 2 Bedroom | N/A | N/A | $2,720 |
| 3 Bedroom | N/A | N/A | $3,530 |
| 4 Bedroom | N/A | N/A | $3,780 |
Affordability — Shelter Island
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 21.1 |
| Median Home Price | $1,995,000 |
| Median Household Income | N/A |