Town of Southampton Housing Market Report February 2025•Suffolk County, New York

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Housing Prices in Town of Southampton, NY

How much do homes in Town of Southampton, NY cost?

Housing Market Conditions

Is Town of Southampton, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Town of Southampton is a Buyer's Market

Difference Since February 2024

Since last year, Town of Southampton has remained a Buyer's Market.

Insight

Town of Southampton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,204,166$661/SqFt
+$204,767
+20.5%

Based on all homes sold in the last 12 months

Insight

Homes in Town of Southampton have sold for 20.5% more than they did a year ago.

Summary: The median home sold price in Town of Southampton was $1,204,166 in February 2025, up 20.5% from last year, and the median price per square foot was $661.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Shinnecock Hills
+70.3%
Town of Southampton
+20.5%
Hampton Bays
+7.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$340K$520K
+52.9%
2$675K$754.9K
+11.9%
3$902.5K$922.5K
+2.2%
4$1.3M$1.6M
+18.5%
5$2.9M$3.7M
+25.4%

Summary: Town of Southampton housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +52.9%. The home price for 2 bedroom homes increased by +11.9%. The home price for 3 bedroom homes increased by +2.2%. The home price for 4 bedroom homes increased by +18.5%. The home price for 5 bedroom homes increased by +25.4%.

How does Town of Southampton, NY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Town of Southampton, NY

Housing supply in Town of Southampton, NY

How many homes are available in Town of Southampton, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
413Last MonthFeb 2025
4002 months agoJan 2025
+3.3 %
Change MoMJan – Feb

Summary: The Town of Southampton real estate market had 413 homes for sale in Feb 2025, a 3.3 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
39Last MonthFeb 2025
392 months agoJan 2025
0.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
11010
0.0%
24640
-13.0%
3107109
+1.9%
4118120
+1.7%
5119134
+12.6%

Summary: Town of Southampton housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -13.0%. The inventory for 3 bedroom homes increased by +1.9%. The inventory for 4 bedroom homes increased by +1.7%. The inventory for 5 bedroom homes increased by +12.6%.

Asking Price vs. Sold Price

How much do homes in Town of Southampton, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price2 Homes

Under Asking Price33 Homes

Insight

If you're buying a home in Town of Southampton, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Town of Southampton in February 2025, the same as the previous month. Of the 39 sold homes, 85% were sold under asking, 5% were sold at asking, and and 10% were sold over asking.

Days on Market for Town of Southampton, NY

How long does it take to sell a home in Town of Southampton, NY?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days8 Homes

Over 90 Days27 Homes

Insight

Most homes in Town of Southampton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 39 homes were sold in Town of Southampton; 10% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 69% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
126 DaysThis YearFeb 2025
113 Days1 year agoFeb 2024
+11.5 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Town of Southampton had an average listing age of 126 days in Feb 2025, up by 11.5% compared to the previous year.

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Newest Listings in Town of Southampton, NY

What homes are available in Town of Southampton, NY?

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Based on information from OneKey MLS, and New York State Alliance of MLS for the period 03/01/2023 - 03/01/2025

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/13/2025, 9:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
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© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/13/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.