Is Montauk, NY 11954 a buyer’s or seller’s market?
Montauk is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works
The Montauk housing market right now
In the three months ending August 31, 2026, 25% of homes in Montauk, NY 11954 sold above their list price, the typical home went under contract in 125 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (132 days then) and the median sale price fell 2% to $1,708,011. Overall, Montauk is more competitive than a year ago, so tougher for buyers.
Within Suffolk County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 74%.
Nearby, buyers who want less competition could look at Westhampton 11977 (0% sold over asking) or Water Mill 11976 (0% sold over asking), while West Sayville 11796 (100% sold over asking) and Peconic 11958 (100% sold over asking) are even more competitive.
Run the numbers for 11954
Nearby markets
Amagansett 11930Balanced $988 /sq ftAmityville 11701Seller’s market $442 /sq ftBabylon 11702Seller’s market $455 /sq ftBay Shore 11706Seller’s market $426 /sq ft Browse all markets →Towns like Montauk nearby
Find towns like Montauk in other states →Where Montauk is
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Questions about Montauk real estate
Is Montauk a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Montauk, NY 11954 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Montauk?
The typical home went under contract in 125 days in the latest three months.
Do homes in Montauk sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 89.6% of the list price.
What are property taxes in Montauk?
About 1.73% of a home’s value a year in Suffolk County, or roughly $6,920 on a $400,000 home.
What is the median home price in Montauk?
The median sale price was $1,708,011 in the three months ending August 31, 2026, about $1,185 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology