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Shelter Island, NY Real Estate


According to census data in the year 2000 there were 966 housing units in Shelter Island. This represents a 10.9% growth from 871 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 966 were located in what is classified as a rural area.

Homeownership rate in Shelter Island is about 77.4%. Shelter Island's vacancy rate, including seasonal lodging, is about 45.1%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Shelter Island were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom7%
Two Bedrooms26.70%
Three Bedrooms48.20%
Four Bedrooms13.40%
Five Bedrooms or more4.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1963
Median Value of occupied units$257,500
Median Price asked for vacant units$400,000

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1953

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan1%
Simple Mortgage45.20%
Debt Free53.80%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%