Home prices
The median home value in Shelter Island is $778,400. It is about $106,000 (11%) lower in comparison to nearby areas.It is approximately $560,900 (257%) higher in comparison to the rest of the country, and it is roughly $551,300 (242%) higher compared to the city of Worcester.
Rents
The median rent in Shelter Island is $1,618 per month. This is approximately $43 (2%) lower in comparison to its nearby areas.Compared to the United States as a whole it is about $556 (52%) higher, and compared to the city of Worcester is approximately $523 (47%) higher.
Nearby places
North Haven
North Haven is approximately 2 miles south of Shelter Island. Real estate prices there are a lot more expensive. The value of the median home in North Haven is $1,541,700, which is $763,300 (49%) higher than Shelter Island. Rents there are a little more expensive. The median monthly rent in North Haven is $2,125, which works out to $507 (23%) higher than Shelter Island.
Greenport
Greenport is about 3 miles northwest of Shelter Island. Its housing prices are a lot less expensive. Greenport's median home value is $490,400, which is $288,000 (58%) lower than Shelter Island. Rents there are fairly similar. Greenport's median rent is $1,587 per month, which works out to $31 (1%) lower than Shelter Island.
Greenport West
Greenport West is roughly 4 miles northwest of Shelter Island. Housing prices there are substantially less expensive. The median home in Greenport West costs $494,900, which works out to $283,500 (57%) lower than Shelter Island. Its rents are significantly less expensive. The median rent in Greenport West is $1,163 a month, which works out to $455 (39%) lower than Shelter Island.
Sag Harbor
Sag Harbor is roughly 4 miles south of Shelter Island. Real estate prices there are substantially more expensive. The median home value in Sag Harbor is $1,254,100, which comes out to $475,700 (37%) higher than Shelter Island. The rent there is a little more expensive. Sag Harbor's median rent is $1,930 a month, which works out to $312 (16%) higher than Shelter Island.
East Marion
East Marion is about 4 miles north of Shelter Island. Its housing prices are a bit less expensive. The median home price in East Marion is $640,900, which is $137,500 (21%) lower than Shelter Island. Its rents are a little less expensive. In East Marion the median monthly rent is $1,500, which is $118 (7%) lower than Shelter Island.
