Photo: Quintin Soloviev · CC BY 4.020 homes sold in Water Mill in the last year, at a typical $4.7M
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Water Mill homes are listed.
Every place Water Mill homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Water Mill.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 95% of Water Mill’s sales, at a typical $4.7M
20 homes sold in the year to May 2026.
typical sale · 19 sold in 12 months
- Per square foot
- $1,113NY $316
- Days to sell
- 187
- Sold over asking
- 0%
- Listings with a price cut
- 12%
Condos: 1 sold, typical $1M
Too few sales in 12 months for reliable figures.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $2M buys in Water Mill
Check a listing against what Water Mill homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Three things worth knowing
Typical commute
The average one-way trip to work for people who live in Water Mill.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
North Sea, Noyack, Northwest Harbor and Hampton Bays sell for less a square foot
The busier markets within 25 miles of Water Mill, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Hampton Bays | 143 | $958K | $594 | 13% | 80 |
| North Sea | 47 | $2.1M | $807 | 9% | 109 |
| Northwest Harbor | 36 | $2.4M | $850 | 11% | 122 |
| Southampton | 34 | $3.5M | $1,233 | 15% | 129 |
| Noyack | 31 | $2.4M | $920 | 13% | 207 |
| Shinnecock Hills | 31 | $2.5M | $1,075 | 16% | 167 |
| Water Mill | 20 | $4.7M | $1,083 | 0% | 186 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Water Mill, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Water Mill. People who follow the town see it, and so do people comparing Water Mill with their own town. No commission, no listing fee.
Questions about buying a home in Water Mill
What do homes sell for in Water Mill, NY?
20 homes sold in the year to May 2026 at a typical $4.7M, $1,083 a square foot.
Is Water Mill a buyer’s or seller’s market?
A balanced market: 18 homes were for sale in May 2026 and 4 sold, about 4.5 months of supply. Buyers paid 92.2% of asking on average, and 13% of listings cut their price.
Where can I see homes for sale in Water Mill?
Zillow, Redfin, Realtor.com and Homes.com all carry Water Mill’s MLS listings; the search links above open each one filtered to Water Mill.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).