Westhampton Beach Home Prices & Values

$895,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 10.3% 1-year change
  • 4.4% 1-year forecast

The median home value in Westhampton Beach is $895,300. Westhampton Beach home values have gone up 10.3% over the past year and Zillow predicts they will rise 4.4% within the next year. The median list price per square foot in Westhampton Beach is $625, which is higher than the New York Metro average of $264. The median price of homes currently listed in Westhampton Beach is $1,250,000 while the median price of homes that sold is $1,050,000.

Foreclosures will be a factor impacting home values in the next several years. In Westhampton Beach 3.4 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.1 and also lower than the national value of 4.3

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 Westhampton Beach is 32.3%, which is higher than the national value of 7.2%. 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 Westhampton Beach homeowners underwater on their mortgage is 8.2%, which is lower than New York Metro at 15.7%.

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Relative ZHVI
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Westhampton Beach Market Overview

Data through Jun 30, 2014
  • $895,300 ZHVI
  • 4.4% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $1,250,000 Median listing price
  • No recent data Median sale price
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Westhampton Beach Market Health

Data through Jun 30, 2014
  • 8.1/10 Very healthy What's This?  
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    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 of days on Zillow
  • 8.2% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 32.3% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

3.4 homes(Mar 31, 2014) Westhampton Beach
1.1 homes New York Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Westhampton $751,900 Quioque $693,100 East Quogue $580,700
Eastport $447,000 Hampton Bays $410,600 East Moriches $351,500
Manorville $351,300 Center Moriches $301,000 Riverhead $290,400

Listings & Sales

Data through Jun 30, 2014
  • $625 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 16.8% Listings with price cut
8.3%
Sold below listing
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Westhampton Beach Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,300 New York Metro
$1,310 United States
  • No data Breakeven horizon
  • No data Rent list price
  • $15.79 Rent list price / sq ft
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