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Market report · August 2026

Water Mill housing market report

Suffolk County · Data as of October 2, 2026 · Based on OneKey® MLS · Updated monthly

12-month median price down 51.2%; inventory about flat; buyer's market

Market temperature · months of supply

Seller's <4Buyer's >6

13.9 months · buyer's market

Median sale price

$1.75M

Last year $7.6M · −77.0%

Closed sales

2

Last year 1 · +100.0%

Homes for sale

29

Last year 29 · 0.0%

Avg. days on market

161 days

Last year 31 days

% of original list

87.0%

Last year 92.1%

New listings

5

Last year 2 · +150.0%

Month and last 12 months

MetricAugust 2025August 2026ChangeThru 08/2025Thru 08/2026Change
New listings25+150.0%5145−11.8%
Closed sales12+100.0%1225+108.3%
Avg. days on market31161+419.4%108169+56.5%
Median sale price$7,600,000$1,747,500−77.0%$6,550,000$3,195,000−51.2%
% of original list92.1%87.0%−5.5%92.3%89.0%−3.6%
Homes for sale / Avg. homes for sale29290.0%2825−10.7%
Median sale price (rolling 12 months)
—$2M$4M$6M$8M2014201620182020202220242026

From 2013-03 to 2026-08, the rolling 12-month median moved from $3.4M to $3.19M.

Highlights

  • 5-year median −0.2%
  • 0% sold above original list in 12 months
  • $5M+ is the busiest band · 32% of sales

For sale today

Water Mill Single-family 25 homes

View listings →

Curious what your home is worth?

Source: OneKey® MLS, calculated by Homix following OneKey's market report method; figures may differ slightly from OneKey's own reports. Prices do not account for concessions or down-payment assistance; small samples can make percent changes look extreme.