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 $660, which is higher than the New York Metro average of $256. The median price of homes currently listed in Southampton is $1,775,000 while the median price of homes that sold is $1,123,000. The median rent price in Southampton is $45,000, which is higher than the New York Metro median of $2,350.

Foreclosures will be a factor impacting home values in the next several years. In Southampton 0.7 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 1.5 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 Southampton is 22.4%, which is higher than the national value of 6.4%. 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 3.9%, which is lower than New York Metro at 13.6%.

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Relative ZHVI
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Southampton Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $1,775,000 Median listing price
  • $1,123,000 Median sale price (Dec 31, 2014)
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Southampton Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 3.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 22.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

0.7 homes Southampton
1.5 homes New York Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Sagaponack $4,819,300
Water Mill $2,955,100
Noyack $942,300
Name Median ZHVI
Cutchogue $589,500
Southold $584,300
Laurel $537,100
Name Median ZHVI
Mattituck $509,700
Hampton Bays $441,600
Greenport $421,200

Listings & Sales

Data through Jan 31, 2015
  • $660 Median list price / sq ft
  • $547 Median sale price / sq ft (Dec 31, 2014)
  • No data Listings with price cut
2.9%
Sold below listing
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Southampton Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $2,331 New York Metro
    $1,350 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
  • $19.33 Rent list price / sq ft
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