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WATER MILL, NY 11976

Real Estate Market Report  ·  Suffolk County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
79
⇩ 10.2% vs 88 last year
Pending
12
15% pending ratio
Median Price
$6,995,000
⇧ 7.6% vs $6,500,000 last year
Average Price
$11,156,229
⇧ 1.4% vs $10,998,302 last year
Days on Market
140
⇩ 1.4% vs 142 days last year

Market Context

Population: 2,437  ·  Density: 72.5/mi²  ·  Median household income: $185,000

Typical home value: $1,961,720  ·  Homeownership: 91.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The WATER MILL, NY real estate market (11976) currently shows 79 active listings, with 12 pending sales. Homes are averaging 140 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 140 days on market compared to 142 days last year.

The median listing price has risen 7.6% year-over-year, from $6,500,000 to $6,995,000.

Whether you are buying or selling in WATER MILL, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 79 this year vs 88 last year
  • Days on market: 140 now vs 142 last year

Median & Average Pricing

Year over Year
  • Median: $6,995,000 (+7.6% YoY)
  • Average: $11,156,229 (+1.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.7 miles — 605 listings ($2,816,344,570 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
11976Water Mill, NY 119760.0 mi79$881,342,091$6,995,000$11,156,229
11962Sagaponack, NY 119623.9 mi14$377,545,000$17,247,500$26,967,500
11963Sag Harbor, NY 119635.0 mi129$579,053,781$3,250,000$4,488,789
11956New Suffolk, NY 119567.2 mi2$3,600,000$1,800,000$1,800,000
11964Shelter Island, NY 119649.0 mi49$177,029,356$2,349,000$3,612,844
11935Cutchogue, NY 119359.6 mi20$47,031,260$1,849,000$2,351,563
11946Hampton Bays, NY 1194610.1 mi116$209,794,932$1,290,000$1,808,577
11952Mattituck, NY 1195211.3 mi30$64,939,500$1,699,000$2,164,650
11944Greenport, NY 1194411.8 mi32$56,915,840$1,499,000$1,778,620
11947Jamesport, NY 1194712.3 mi8$20,282,664$1,695,000$2,535,333
11930Amagansett, NY 1193013.3 mi48$325,714,704$4,375,000$6,785,723
11931Aquebogue, NY 1193114.3 mi14$14,688,786$852,000$1,049,199
11901Riverhead, NY 1190115.7 mi64$58,406,656$704,500$912,604

Frequently Asked Questions

How many homes are for sale in WATER MILL, NY 11976?

As of January 2026, there are 79 active listings in WATER MILL, NY (zip code 11976), compared to 88 the prior year.

What is the median home price in WATER MILL, NY 11976?

The median listing price in WATER MILL, NY 11976 is $6,995,000 as of January 2026, a 7.6% increase from $6,500,000 the prior year.

How long do homes stay on the market in WATER MILL, NY?

Homes in WATER MILL, NY 11976 spend an average of 140 days on the market before going under contract, compared to 142 days the prior year.

Is it a seller's or buyer's market in WATER MILL, NY 11976?

Based on current inventory and days-on-market data as of January 2026, WATER MILL, NY 11976 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 140 days on market compared to 142 days last year.

How much can I save on real estate commission in WATER MILL, NY?

With SELL123.com's maximum 3% commission, sellers in WATER MILL, NY 11976 save an estimated $139,900 compared to a typical 5% commission on the median listing price of $6,995,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.