Real Estate Price Maphome prices by county

Water Mill, NY home prices

Data as of · by the Real Estate Price Map data team · methodology & sources

Water Mill, NY is rising, a premium-priced area.

Momentum+2.3%Rising
Vs typical+1327%Premium
Rental yield25.9%High yield

Real Estate Price Map scores, derived from the data on this page · how we calculate them

2000: $957,460 → today: $4,717,148 (4.9×)

Typical home value
$4,717,148
Zillow ZHVI
Since 2000
+392.7%
Rank in NY
#2
of 840 cities
Median rent
$101,806/mo
25.9% gross yield

Market read

At $4,717,148, homes in Water Mill are 1327% above the typical NY city ($330,584), ranking #2 of 840 we track in the state.

Prices are up 2.3% over the last year.

Water Mill sits in Suffolk County — see the full county market data →

Home value history

Zillow Home Value Index, yearly.

Other cities in New York

Sagaponack · Bridgehampton · Wainscott · Sands Point · Amagansett · Old Westbury

Frequently asked questions

What is the average home price in Water Mill, NY?
The typical Water Mill, NY home is worth $4,717,148 — 1327% above the typical New York city ($330,584).
Are home prices in Water Mill rising?
Water Mill home values have risen +392.7% since 2000, and moved +2.3% in the last year.
What is the rental yield in Water Mill?
Median rent is $101,806/mo, a gross yield of about 25.9%.
What county is Water Mill in?
Water Mill is in Suffolk County, where you can see full county market data.
Water Mill, NY home value by year
YearWater Mill, NY home value
2000$957,460
2001$1,095,273
2002$1,228,036
2003$1,413,155
2004$1,634,106
2005$1,914,851
2006$2,102,015
2007$2,110,105
2008$2,142,548
2009$1,961,775
2010$2,096,352
2011$2,027,663
2012$1,939,069
2013$2,150,962
2014$2,456,553
2015$2,619,672
2016$2,623,942
2017$2,620,670
2018$2,703,337
2019$2,834,516
2020$2,796,772
2021$3,591,040
2022$3,962,456
2023$4,131,329
2024$4,378,299
2025$4,608,872
2026$4,717,148