Home Values

Southampton 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Southampton is $675, which is higher than the New York Metro average of $253. The median price of homes currently listed in Southampton is $1,775,000 while the median price of homes that sold is $972,500. The median rent price in Southampton is $45,000, which is higher than the New York Metro median of $2,400.

Foreclosures will be a factor impacting home values in the next several years. In Southampton 1.5 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.4 and also lower than the national value of 3.9

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 Southampton is 25.0%, which is higher than the national value of 6.3%. 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 Southampton homeowners underwater on their mortgage is 3.6%, which is lower than New York Metro at 13.1%.

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Relative ZHVI
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Southampton Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $1,775,000 Median listing price
  • $972,500 Median sale price (Jan 31, 2015)
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Southampton Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 3.6% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 25.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.5 homes Southampton
1.4 homes New York Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Sagaponack $5,252,300
Water Mill $2,717,800
North Haven $1,369,300
Name Median ZHVI
Sag Harbor $879,300
Noyack $736,900
Cutchogue $588,400
Name Median ZHVI
Southold $548,800
Laurel $473,100
Hampton Bays $401,900

Listings & Sales

Data through Feb 28, 2015
  • $675 Median list price / sq ft
  • $482 Median sale price / sq ft (Jan 31, 2015)
  • 4.4% Listings with price cut
9.2%
Sold below listing
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Southampton Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $2,348 New York Metro
    $1,355 United States

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

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $45,000 Rent list price
  • $19.00 Rent list price / sq ft
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