The story of this market
The typical home in ZIP 11969 sells for about $2,400,000, or $1,065 per square foot.
Prices are down 15.8% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $45,000 a month.
This ZIP has no home sales of its own, so its market figures come from Town of Southampton, New York (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 11969 — Town of Southampton
The Shelter Island housing market is characterized by low inventory and high price points, reflecting its status as an exclusive, seasonal destination. While sales volume remains low, prices have shown significant year-over-year growth, driven by demand for luxury properties. The market is currently stable, with buyers and sellers adjusting to high interest rates and limited supply.
This ZIP is best suited for affluent second-home buyers, retirees, and those seeking a secluded, nature-oriented lifestyle, rather than daily commuters or budget-conscious renters.
Median prices moved down 15.8% year over year.
Homes spend a median of 62 days on market with 14.2 months of supply — a slower-moving market.
8% of listings have cut prices · homes sell at 92.3% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 4.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 11969, Suffolk County NY
Shelter Island experiences very low crime rates, significantly lower than regional averages for Suffolk County and the broader New York metropolitan area.
The area is served by the Shelter Island Union Free School District, which is highly regarded for its small class sizes and personalized educational environment.
The island faces significant coastal flood and storm surge risks, necessitating high flood insurance premiums and strict adherence to FEMA building standards.
Economic momentum is driven by seasonal tourism and high-end residential real estate, with limited commercial development due to the island's protected status.
Property taxes are levied by Suffolk County and the Town of Shelter Island, with rates influenced by local school district budgets and special district assessments for fire and water services.
Commuting requires the use of the North Ferry or South Ferry systems to reach the mainland, followed by significant drive times to major employment hubs on Long Island or in New York City.
The island offers extensive access to beaches, boating, and nature preserves, including the Mashomack Preserve, with limited local shopping and dining options.
The rental market is heavily skewed toward high-end seasonal and short-term vacation rentals, with very limited year-round inventory available.
The local economy is primarily driven by the tourism, hospitality, and luxury real estate sectors, with a significant portion of the population working remotely or in professional services.
Transportation is heavily reliant on private vehicles and the two ferry services connecting the island to the North and South Forks of Long Island.
Development is strictly regulated by local zoning and environmental protections, limiting large-scale construction projects.
The Suffolk County assessment regime relies on periodic reassessments to maintain property values, with significant exemptions available for primary residents.
Parcels are subject to local school district taxes, fire district levies, and specific water utility assessments.
Property insurance premiums are high due to the island's vulnerability to hurricanes and coastal flooding, with many properties requiring specialized coverage.
Data retrieved from data.census.gov ZCTA 11969 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Splish Splash Water Park4.317.9 mi
- Safari Adventure4.415.4 mi
- Cousins Airsoft and Laser Tag Edwards Avenue4.518.8 mi
- Antique Carousel4.615.4 mi
- Splish Splash Water Park4.317.9 mi
- Cowfish4.55.8 mi
- The Stephen Talkhouse4.514.5 mi
- Kontokosta Winery3.916.6 mi
- Claudio's Waterfront4.515.3 mi
- Cooper's Beach4.71.4 mi
- Wölffer Estate Vineyard4.47.4 mi
- Shinnecock Hills Golf Club4.62.8 mi
- Parrish Art Museum4.52.1 mi
- East Hampton Main Beach4.611.1 mi
- Parrish Art Museum4.52.1 mi
- The Big Duck4.612.3 mi
- Children's Museum of the East End4.66.6 mi
- LongHouse Reserve4.912.2 mi
- Guild Hall4.811.7 mi
- Indian Island County Park4.512.9 mi
- Quogue Wildlife Refuge4.812.2 mi
- Elizabeth A. Morton National WildlifeRefuge4.87.6 mi
- Agawam Park4.70.2 mi
- Shinnecock East County Park4.74.8 mi
- Peconic Bay Yacht Club4.913.7 mi
- The Ocean Resort at Bath and Tennis3.914.5 mi
- Strong's Water Club & Marina4.511.1 mi
- Mitchell Park & Marina4.615.4 mi
- Sebonack Golf Club4.84 mi
- Maidstone Club4.612.3 mi
- Indian Island Golf Course4.313 mi
- Poxabogue Golf Course4.27.9 mi
- Harbes Family Farm - Mattituck4.212.3 mi
- T.J. Maxx4.45.5 mi
- Citarella Gourmet Market - Southampton4.30.5 mi
- Citarella Gourmet Market - Bridgehampton4.35.6 mi
- Citarella Gourmet Market - East Hampton4.312.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A 2,039-acre nature preserve managed by The Nature Conservancy featuring extensive hiking trails and coastal habitats.
A historic 9-hole golf course offering scenic views of the island and surrounding waters.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median price ($2,822,500) sat outside the 0.25–4× band around Suffolk County's retained level and was not stored. Coherence hold-out: this pass's median rent ($35,000) sat outside the 0.25–4× band around Suffolk County's retained level and was not stored.