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Featured local agent — Montauk, NY
Sarah Mitchell
Compass Real Estate · Montauk, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Montauk, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$395,000median sale price
How is the Montauk, NY housing market right now?
The median home sale price in Montauk, NY is $395,000, down 73.2% year-over-year. Homes sell in an average of 88 days with 17 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Montauk a buyer's or seller's market?
Montauk, NY is currently a buyer's market, based on 17.0 months of supply and homes selling in about 88 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
88
Average pace
Active listings
17
17.0 months supply
Sale-to-list
99.0%
Below asking
What does the Montauk housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $395,000 |
| Median list price | $899,000 |
| Year-over-year price change | -73.2% |
| Average days on market | 88 days |
| Active inventory | 17 listings |
| Months of supply | 17.0 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $718/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 23.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Montauk by property type?
How the Montauk, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $395,000 | $718/sq ft | 1 | 88 days |
Source: Redfin · Updated monthly
The Montauk housing market is currently classified as a buyer's market with a median sale price of $395,000. Prices have fallen 73.2% compared to last year, with homes spending an average of 88 days on market, indicating 17.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 15.8x provides context for how home values compare to local earning capacity.
Homes for sale in Montauk
There are currently 17 homes listed for sale in Montauk, New York. The median listing price is $899K.
Active listings
17
Homes on market
Median list price
$899K
Avg. days on market
88
Days until sale
New this week
1
Newly listed
Who lives in Montauk?
Population
4,073
Median income
$129,375/yr
Median age
51.2 years
Owner-occupied
80.7%
College grads
48.9%
Avg commute
26.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Montauk?
Zillow home value
$2.05M
Price-to-income
15.8x
Source: Zillow Research
What is it like to live in Montauk?
Montauk is a community of approximately 4K residents with a median age of 51.2 years.The median household income is $129,375, which reflects a relatively affluent area with strong earning potential. 48.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 80.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Montauk offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Montauk?
1 schools tracked · 297 students
The largest public schools serving Montauk, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MONTAUK SCHOOL
Grades PK-8 · 297 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Montauk, NY?
Want a head-to-head view? Compare Montauk side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Montauk?
The median home sale price in Montauk is $395,000, down 73.2% from last year.
How long do homes stay on market in Montauk?
Homes typically spend 88 days on market before going under contract.
What is the median income in Montauk?
The median household income is $129,375 per year.
Is Montauk a buyer's or seller's market?
With 17.0 months of supply, Montauk is currently a buyer's market.
What is the Zillow home value estimate for Montauk?
The Zillow Home Value Index (ZHVI) for Montauk is $2.05M, representing the typical home value in the area.
What is the median condo price in Montauk?
The median condo/co-op sale price in Montauk, NY is $395,000, based on the latest Redfin data.
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