Is Southampton, NY 11968 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Southampton is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Heat score0/ 100

#125 of 125 ZIP codes in Nassau & Suffolk counties, NY, and #531 of 531 across all the markets we track.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works

Months of supply8Under 4 months = seller’s market
Sold above original list3.3%Share of sales, last 3 months
Median sale-to-list94.1%Sold price ÷ list price
Median days on market217Listing to accepted offer
Median price per sq ft$963▲ +0.0% vs. last year

The Southampton housing market right now

In the three months ending August 31, 2026, 3% of homes in Southampton, NY 11968 sold above their list price, the typical home went under contract in 217 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 31 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (95 days then) and the median sale price rose 28% to $3,061,175. Overall, Southampton is less competitive than a year ago, which gives buyers more room.

Within Suffolk County, homes here sell more slowly than in 98% of the county’s ZIP codes, and sell less often over asking than in 85%. On our competition score, Southampton ranks #649 of 649 NY ZIP codes with enough sales (score 3 out of 100).

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.

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 →

Where Southampton is

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Questions about Southampton real estate

Is Southampton a buyer’s or seller’s market?

A buyer’s market: there were 8 months of supply in Southampton, NY 11968 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 Southampton?

The typical home went under contract in 217 days in the latest three months.

Do homes in Southampton sell over asking?

3% of homes sold above their original list price, and the typical sale closed at 94.1% of the list price.

What are property taxes in Southampton?

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 Southampton?

The median sale price was $3,061,175 in the three months ending August 31, 2026, about $963 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