Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | 1 | 1 | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Shelter Island, New York is currently $550K per acre. For a typical parcel, the median sale price is $660K. Recently, the cheapest land sold for $660K while premium lots reached $660K.
Shelter Island, New York is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 7.0% year-over-year.
Shelter Island, New York currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Shelter Island, New York typically sells within 99 days of listing. The median time on market is 99 days. Properties are moving at a moderate pace in the current strong buyer's market.
Land in Shelter Island, New York averages $550K per acre. The median price per acre is $550K, which may be more representative of typical transactions. Most parcels sold are around 1.2 acres.
The 3-month absorption rate in Shelter Island, New York is 6.7%. The 12-month rate is 1.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Shelter Island, New York stands at $660K. This translates to roughly $550K per acre for the typical parcel size.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
