Home Values

East Hampton Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$2,578,300

  • 14.0% 1-year change
  • 6.1% 1-year forecast

The median home value in East Hampton is $2,578,300. East Hampton home values have gone up 14.0% over the past year and Zillow predicts they will rise 6.1% within the next year. The median list price per square foot in East Hampton is $592, which is higher than the New York Metro average of $252. The median price of homes currently listed in East Hampton is $1,395,000 while the median price of homes that sold is $749,350. The median rent price in East Hampton is $30,000.

Foreclosures will be a factor impacting home values in the next several years. In East Hampton 1.3 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 1.4 and also lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in East Hampton is 22.8%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of East Hampton homeowners underwater on their mortgage is 7.1%, which is lower than New York Metro at 14.7%.

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Relative ZHVI
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East Hampton Market Overview

Data through Sep 30, 2014
  • $2,578,300 ZHVI
  • 6.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $1,395,000 Median listing price
  • $749,350 Median sale price
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East Hampton Market Health

Data through Sep 30, 2014
  • 2.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 7.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 22.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.3 homes East Hampton
1.4 homes New York Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Sagaponack $4,509,900
Water Mill $2,939,500
Amagansett $2,099,500
Name Median ZHVI
North Haven $1,759,000
Southampton $1,299,600
Sag Harbor $1,249,500
Name Median ZHVI
Orient $788,900
East Marion $564,000
Greenport $431,000

Listings & Sales

Data through Sep 30, 2014
  • $592 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 25.5% Listings with price cut
11.4%
Sold below listing
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East Hampton Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $2,339 New York Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $30,000 Rent list price
  • $12.50 Rent list price / sq ft
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