Shelter Island Heights, NY is known for its expensive housing market. The median value of a house in the area is $938,800, well above the US average of $338,100. Not only has the value of housing been steadily increasing over the past year in Shelter Island Heights, but it has also had a higher appreciation rate than the rest of the US - 13.07% versus 8.27%. This is reflective of the high desirability and demand for real estate in this area.
The median home cost in Shelter Island Heights is $938,800. Home appreciation the last 10 years has been 83.6%. Home Appreciation in Shelter Island Heights is up 16.1%.
Average Age of Homes
- The median age of Shelter Island Heights real estate is 36 years old
The Rental Market in Shelter Island Heights
- Renters make up 2.5% of the Shelter Island Heights population
- 0.0% of houses and apartments in Shelter Island Heights, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.