menu





East Hampton, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

East Hampton, NY Housing Market Trends

With a population of 1,517, 483 total housing units (homes and apartments), and a median house value of $4,310,993, East Hampton house prices are not only among the most expensive in New York, East Hampton real estate also is some of the most expensive in all of America.

East Hampton is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in East Hampton than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Hampton. Owner-occupied housing accounts for 79.30% of East Hampton's homes, and 57.50% have either three or four bedrooms, which is average sized relative to America.

The housing in East Hampton was primarily built before 1939 ( 46.71%), making the housing stock in East Hampton some of the oldest overall in America, although there is a range of ages of homes in East Hampton. The next most important housing age is between 1970-1999 ( 25.30%), followed by between 1940-1969 ( 17.42%). There's also some housing in East Hampton built between 2000 and later ( 10.57%).

A decent proportion of the East Hampton housing stock is seasonally occupied. That is, homes and condos in East Hampton are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the East Hampton housing market speaks to its popularity as a vacation location of choice.

East Hampton Home Appreciation Rates

In the last 10 years, East Hampton has experienced some of the highest home appreciation rates of any community in the nation. East Hampton real estate appreciated 108.38% over the last ten years, which is an average annual home appreciation rate of 7.62%, putting East Hampton in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, East Hampton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, East Hampton appreciation rates have trailed the rest of the nation. In the last twelve months, East Hampton's appreciation rate has been 11.85%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Hampton were at 1.00%, which equates to an annual appreciation rate of 4.08%.

Notably, East Hampton's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that East Hampton's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within East Hampton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in East Hampton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best East Hampton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$4,310,993

East Hampton, NY HOME PRICES

> $1,205,000
$904,001 - $1,205,000
$602,001 - $904,000
$482,001 - $602,000
$362,001 - $482,000
$241,001 - $362,000
$120,001 - $241,000
$60,001 - $120,000
$0 - $60,000
82.8%
82.8%
4.0%
4.0%
1.3%
1.3%
0.0%
0.0%
2.1%
2.1%
3.1%
3.1%
1.6%
1.6%
0.0%
0.0%
5.2%
5.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for NY

Value Relative To Nation

Number Of Homes And Apartments:
483

East Hampton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
274.24% 6.04%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,103 / per month

Homeownership Rate

Owners
Renters
Vacant
79.3%
79.3%
20.7%
20.7%
73.9%
73.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.6%
10.6%
25.3%
25.3%
17.4%
17.4%
46.7%
46.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
93.6%
93.6%
1.7%
1.7%
2.2%
2.2%
1.8%
1.8%
0.7%
0.7%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.9%
0.9%
5.3%
5.3%
9.7%
9.7%
31.0%
31.0%
26.5%
26.5%
26.6%
26.6%
0.0% 100.0%
% OF HOMES