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Sarah Mitchell

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Compass Real Estate · Lattingtown, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lattingtown, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lattingtown, NY Housing Market

Buyer's market-47.1% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $1.15M, -47.1% year over year (through May 2026). With 6.0 months of supply and homes going under contract in about 26 days, Lattingtown is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $1.15M home is about $6,139/mo in principal and interest.

Key numbers for Lattingtown, NY

Median sale price

$1.15M

-47.1% year over year

Redfin, through May 2026

Days on market

26

Average pace

Redfin, through May 2026

Active listings

6

6.0 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$250,001

Home costs 4.6x income

U.S. Census ACS, 2023

Sale-to-list ratio

85.2%

Selling below asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Lattingtown a buyer's or seller's market?

Buyer's market6.0 months of supply26 days on market85.2% of asking

Lattingtown, NY is a buyer's market, based on 6.0 months of supply and homes selling in about 26 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Lattingtown housing market data show?

Every row below is Redfin's final published month for Lattingtown, NY. Redfin, through May 2026

Housing market statistics for Lattingtown, NY, Redfin through May 2026
MetricValue
Median sale price$1.15M
Median list price$2.69M
Year-over-year price change-47.1%
Median price per sq ft$569/sq ft
Median days on market26 days
Active inventory6 listings
Months of supply6.0 months
Sale-to-list price ratio85.2%
Homes sold (that month)1
New listings (that month)1
Listings with a price cut50.0%
Market conditionBuyer's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Lattingtown is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Lattingtown is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Lattingtown home prices moved?

Over the last three years the median sale price in Lattingtown, NY fell 45.2%, from $2.10M to $1.15M. 50.0% of Lattingtown listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 6.0 months while the sale-to-list ratio slips below its current 85.2%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Lattingtown?

Priced off the median sale price of $1.15M at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Lattingtown, NY
Down paymentCash at closeLoan amountMonthly P&I
20%$230,000$920,000$6,139/mo
5%$57,500$1.09M$7,290/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $6,139, that implies roughly $263,114 a year before you add taxes and insurance. The median household in Lattingtown earns $250,001, about $13,113 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 4.6x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Lattingtown in the next 12 months?

Tell us your timeline. We send the Lattingtown market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Lattingtown?

Zillow does not publish a rent index (ZORI) for Lattingtown, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Lattingtown?

Active listings in Lattingtown, NY went from 4 in December 2024 to 6 in May 2026, a +50.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Lattingtown, NY
MonthActive listingsNew listings
January 202551
February 20255not published
May 202594
June 2025103
July 202583
August 202581
October 202581
November 202581
December 20257not published
February 202662
April 202674
May 202661

Redfin, through May 2026

How does Lattingtown compare to New York and the U.S.?

Lattingtown homes sell for $1.15M — 85% above the New York median of $620,500. Against the national median of $410,700, Lattingtown runs 180% higher. Year-over-year, Lattingtown moved -47.1% against New York's +5.1% — a bigger swing than the state as a whole.

Lattingtown, NY compared with New York and the United States
MarketMedian sale priceYoYDays on market
Lattingtown, NY$1.15M-47.1%26 days
New York statewide$620,500+5.1%42 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Lattingtown

What buyers should watch

  • Months of supply, currently 6.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 50.0%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $1,151 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $1.15M home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Lattingtown listing goes under contract in 26 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 85.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Lattingtown added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
  • Comparable ZIP-level pricing inside Lattingtown varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Lattingtown

There are currently 6 homes listed for sale in Lattingtown, New York. The median listing price is $2.7M.

Active listings

6

Homes on market

Median list price

$2.7M

Avg. days on market

26

Days until sale

New this week

1

Newly listed

Price drops:50.0%of listings
Sale-to-list:85.2%

How much do homes cost in Lattingtown by property type?

How the Lattingtown, NY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Lattingtown, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.15M$569/sq ft126 days

Who lives in Lattingtown?

American Community Survey estimates for Lattingtown. U.S. Census ACS, 2023

Population

1,948

Households

701

Median income

$250,001/yr

Median age

50.4 years

Owner-occupied

86.9%

Median home value

$1.62M

Median gross rent

$3,501/mo

Mean commute

47.1 min

86.9% of occupied homes in Lattingtown are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Lattingtown, NY?

Ordered by distance from Lattingtown, not by size. Compare Lattingtown side by side with any of them.

Lattingtown housing market FAQ

Is Lattingtown a buyer's or seller's market?

Lattingtown, NY is currently a buyer's market. That read comes from 6.0 months of supply, homes going under contract in about 26 days, and sellers getting 85.2% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Lattingtown?

The median sale price in the last month Redfin published was $1.15M, about $569 per square foot.

Is Lattingtown cheaper than the rest of New York?

Lattingtown's median sale price of $1.15M is 85% higher than the New York statewide median of $620,500, and 180% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Lattingtown?

Homes in Lattingtown, NY spent a median of 26 days on market before going under contract, versus 42 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Lattingtown?

At the current 30-year fixed rate of 7.03%, 20% down on a $1.15M home is about $6,139 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $263,114 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $250,001.

Are home prices rising in Lattingtown?

Redfin's last published year-over-year change for Lattingtown, NY was -47.1%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Lattingtown?

Lattingtown ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Lattingtown?

That depends on your timeline, not on a headline. What the data says today: Lattingtown, NY is a buyer's market with 6.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.