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Featured local agent — Southold, NY
Sarah Mitchell
Compass Real Estate · Southold, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Southold, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$929,000median sale price
How is the Southold, NY housing market right now?
The median home sale price in Southold, NY is $929,000, up 65.3% year-over-year. Homes sell in an average of 42 days with 42 active listings. The market is currently a balanced 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 Southold a buyer's or seller's market?
Southold, NY is currently a balanced market, based on 5.3 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
42
Average pace
Active listings
42
5.3 months supply
Sale-to-list
100.9%
Above asking
What does the Southold housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $929,000 |
| Median list price | $2.37M |
| Year-over-year price change | +65.3% |
| Average days on market | 42 days |
| Active inventory | 42 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 100.9% |
| Median price per sq ft | $533/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 16 |
| Listings with a price cut | 19.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Southold by property type?
How the Southold, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $929,000 | $533/sq ft | 8 | 42 days |
| Condo / Co-op | $707,500 | $366/sq ft | 2 | 63 days |
| Townhouse | $602,500 | $502/sq ft | 1 | 19 days |
Source: Redfin · Updated monthly
The Southold housing market is currently classified as a balanced market with a median sale price of $929,000. Prices have risen 65.3% compared to last year, with homes spending an average of 42 days on market, indicating 5.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 9.8x provides context for how home values compare to local earning capacity.
Homes for sale in Southold
There are currently 42 homes listed for sale in Southold, New York. The median listing price is $2.4M.
Active listings
42
Homes on market
Median list price
$2.4M
Avg. days on market
42
Days until sale
New this week
16
Newly listed
Who lives in Southold?
Population
6,600
Median income
$114,743/yr
Median age
51.9 years
Owner-occupied
82.8%
College grads
51.8%
Avg commute
26.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Southold?
Zillow home value
$1.12M
Price-to-income
9.8x
Source: Zillow Research
What is it like to live in Southold?
Southold is a community of approximately 7K residents with a median age of 51.9 years.The median household income is $114,743, which reflects a relatively affluent area with strong earning potential. 51.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.8%, 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, Southold offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Southold?
2 schools tracked · 673 students
The largest public schools serving Southold, 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.
SOUTHOLD JUNIOR-SENIOR HIGH SCHOOL
Grades 7-12 · 361 students
SOUTHOLD ELEMENTARY SCHOOL
Grades K-6 · 312 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 Southold, NY?
Want a head-to-head view? Compare Southold side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Southold?
The median home sale price in Southold is $929,000, up 65.3% from last year.
How long do homes stay on market in Southold?
Homes typically spend 42 days on market before going under contract.
What is the median income in Southold?
The median household income is $114,743 per year.
Is Southold a buyer's or seller's market?
With 5.3 months of supply, Southold is currently a balanced market.
What is the Zillow home value estimate for Southold?
The Zillow Home Value Index (ZHVI) for Southold is $1.12M, representing the typical home value in the area.
What is the median condo price in Southold?
The median condo/co-op sale price in Southold, NY is $707,500, compared to $929,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Southold?
The median single-family home price in Southold, NY is $929,000 (about $533 per square foot).
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