How much does it cost to buy a house in Water Mill, NY?

In August 2026 Water Mill homes were listed to buy for a median price of $5.85M, The median value of a home listed to buy in Water Mill in August 2026 was $1,075 per sqft, which is a 3% decrease to July 2025 last month, and a 2% decrease to August 2025 last year.

Is it affordable or expensive to live in Water Mill, NY?

It is expensive to live in Water Mill. Buying a home in Water Mill is 14% more expensive compared with the national average.

Is it a good time to buy property in Water Mill, NY?

Yes now is a good time to buy property in Water Mill, in August 2026, homes in Water Mill have decreased in value (price per sqft) by 2% in the last year compared with August 2025.

Is the Water Mill, NY housing market slowing down?

In August 2026, homes to buy in Water Mill spent an median 169 days on the market, a same August 2025 last year.

How much money should I make to buy a house in Water Mill, NY?

In August 2026, Water Mill homes were listed to buy for a median price of $5.85M, with 25% down you would need $34.9K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $1.19M.

Is it a good time to sell my house in Water Mill, NY?

Yes now is a good time to sell your house in Water Mill, in August 2026, homes in Water Mill have decreased in value (price per sqft) by 2% in the last year compared with August 2025.