House Prices

House Prices & Home Values Water Mill, NY 2026


Average Data

average house price$9,490,693
average size per house8289 ft²
average price per ft²1146 $ / ft²

06/23/2026 - The value range (VR) for house prices in Water Mill, NY is $1155/ sqft to $1155/ sqft. An average home with 8289 sqft costs approximately $9,573,795 to $9,573,795. Water Mill, NY includes 1 ZIP codes and it is located in Suffolk county. The lowest prices are found in ZIP 11976, while the highest are in ZIP 11976. The average price per sqare feet is $1146. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Water Mill

119761083 $ / ft²




Historical development of home values in Water Mill

Year Estimated value (USD) Change vs. 2025
2010 $4,407,649 -53.6%
2011 $4,237,205 -55.4%
2012 $4,225,797 -55.5%
2013 $4,383,746 -53.8%
2014 $4,601,725 -51.5%
2015 $4,837,903 -49.0%
2016 $5,090,377 -46.4%
2017 $5,365,126 -43.5%
2018 $5,661,739 -40.3%
2019 $5,924,264 -37.6%
2020 $6,230,521 -34.4%
2021 $7,086,545 -25.3%
2022 $8,261,321 -13.0%
2023 $8,711,946 -8.2%
2024 $9,215,945 -2.9%
2025 $9,490,693 0.0%

Graph: estimated home values in Water Mill over time (USD)



Example: 100% financing house in Water Mill

Loan amount: $9,490,693

Interest rate: 6.00%

Fixed monthly payment: $56,901.50

Breakdown in the 1st month:
Interest portion: $47,453.47  –  Principal portion: $9,448.03

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $566,271.18 $116,546.82 $9,374,146.18
2 $559,082.82 $123,735.17 $9,250,411.00
3 $551,451.11 $131,366.89 $9,119,044.11
4 $543,348.69 $139,469.31 $8,979,574.80
5 $534,746.52 $148,071.47 $8,831,503.33
6 $525,613.80 $157,204.20 $8,674,299.13
7 $515,917.79 $166,900.21 $8,507,398.92
8 $505,623.75 $177,194.25 $8,330,204.67
9 $494,694.79 $188,123.20 $8,142,081.47
10 $483,091.77 $199,726.23 $7,942,355.24
11 $470,773.09 $212,044.91 $7,730,310.33
12 $457,694.62 $225,123.37 $7,505,186.96
13 $443,809.51 $239,008.49 $7,266,178.47
14 $429,067.99 $253,750.01 $7,012,428.46
15 $413,417.24 $269,400.76 $6,743,027.71
16 $396,801.19 $286,016.80 $6,457,010.90
17 $379,160.30 $303,657.70 $6,153,353.21
18 $360,431.36 $322,386.64 $5,830,966.57
19 $340,547.26 $342,270.74 $5,488,695.83
20 $319,436.75 $363,381.25 $5,125,314.58
21 $297,024.19 $385,793.81 $4,739,520.77
22 $273,229.27 $409,588.73 $4,329,932.04
23 $247,966.73 $434,851.27 $3,895,080.78
24 $221,146.06 $461,671.94 $3,433,408.84
25 $192,671.14 $490,146.85 $2,943,261.98
26 $162,439.96 $520,378.04 $2,422,883.94
27 $130,344.18 $552,473.82 $1,870,410.12
28 $96,268.80 $586,549.20 $1,283,860.93
29 $60,091.73 $622,726.27 $661,134.66
30 $21,683.34 $661,134.66 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Water Mill, NY


1500 sqft3900 sqft
Ø selling price$2,079,991$4,424,706
Ø fast selling$1,890,901$3,982,236
Ø high price sale$2,269,080$4,867,177

In 2026, houses in Water Mill, NY will be offered at an average price of $1146 per square foot. A 1,500 sqft home priced at $2,079,991 is 21.55% more expensive per square foot than a 3,900 sqft home priced at $4,424,706. Home prices in Water Mill, NY vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $3,063,259. Sellers who can wait longer may achieve a higher price of up to $3,743,983.


Discover Water Mill, NY

Water Mill, NY is a classic Hamptons hamlet on the South Fork of Long Island known for windmills, farms, and pristine beaches. This coastal community offers a refined yet relaxed vibe, making Water Mill a sought-after getaway for art lovers, foodies, and beachgoers. At its heart is the 1644 water mill that inspired the name, surrounded by bucolic fields, vineyards, and scenic back roads perfect for cycling.

Attractions & Culture

Top things to do in Water Mill, NY include visiting the striking Parrish Art Museum, exploring historic windmills, and browsing local galleries and boutiques.
Dining in Water Mill, NY ranges from farm-to-table cafes to upscale restaurants, with farm stands offering seasonal produce and fresh seafood.

Outdoors & Beaches

Flying Point Beach and Mecox Bay deliver soft sand, surfing, paddleboarding, and calm waters ideal for families.
Nature lovers can explore bird-rich wetlands, hike coastal trails, and photograph sunsets over potato fields and vineyards.

Real Estate & Lifestyle

Real estate in Water Mill spans oceanfront estates, modern farmhouses, and charming cottages, with strong demand driven by privacy, amenities, and proximity to Southampton and Bridgehampton.

Planning Your Visit

The best time to visit Water Mill, NY is late spring through early fall for warm weather events, farm tours, and beach days without peak-season crowds.
Getting here is simple via the Long Island Rail Road to nearby stations, Hampton Jitney coach service, or a scenic drive on Montauk Highway with easy access to wineries and neighboring Hamptons villages.



FAQ – Home Values in Water Mill

What is the median home value in Water Mill in 2026?

In 2026, the typical home value in Water Mill is about $9,490,693 for an average home size of 8289 square feet. This corresponds to an average price of roughly $1146 per square foot.

What is the average cost per square foot in Water Mill?

In 2026, homes in Water Mill sell for an average of around $1146 per square foot, with a typical range between $1155 and $1155 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Water Mill is about 8289 square feet, with an estimated 2026 value around $9,490,693.



Locations close to Water Mill, NY

Westhampton, NY476 $ / ft²
Westhampton Beach, NY1019 $ / ft²
Yaphank, NY260 $ / ft²
Wainscott, NY360 $ / ft²
Upton, NY366 $ / ft²
Speonk, NY685 $ / ft²
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