The story of this market
The typical home in ZIP 11930 sells for about $2,400,000, or $1,150 per square foot.
Prices are down 39.6% from a year ago, which gives buyers more room to negotiate. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $6,500 a month.
ZIP 11930 — Town of Southampton
The 11930 housing market is currently experiencing a significant price correction, with median prices down nearly 40% year-over-year as inventory levels rise and buyer demand cools. High interest rates and economic uncertainty are driving this shift, particularly in the luxury segment. Market conditions remain cautious as the area adjusts to a post-pandemic valuation peak.
This ZIP is primarily for affluent seasonal residents, luxury real estate investors, and high-net-worth individuals seeking coastal lifestyle amenities, with limited options for year-round workforce housing.
Median prices moved down 39.6% year over year.
Homes spend a median of 120 days on market with 6.2 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 11930, Suffolk County NY
Crime rates in the East Hampton area are generally low, with the region experiencing significantly lower violent and property crime rates compared to national and state averages.
The area is served by the East Hampton Union Free School District, which is generally well-regarded and maintains high academic standards and student support services.
The ZIP code faces significant coastal flood and storm surge risks due to its location on the South Fork of Long Island, necessitating high-cost flood insurance for many properties.
Economic momentum is driven by high-end tourism, seasonal hospitality, and a robust luxury real estate market, with limited new large-scale commercial development due to strict zoning.
Property taxes are levied by Suffolk County, the Town of East Hampton, and local school districts, with rates influenced by high property valuations and local school budget approvals.
Commuting is primarily via personal vehicle along Route 27 (Montauk Highway), which experiences heavy seasonal congestion; public transit options are limited to seasonal rail and bus services.
The area features world-class beaches, extensive nature preserves, and proximity to high-end shopping and dining in East Hampton Village.
The rental market is heavily skewed toward high-end seasonal and short-term vacation rentals, creating significant pressure on year-round housing availability and affordability.
The economy is anchored by the luxury hospitality, tourism, and high-end real estate sectors, with a significant portion of the workforce supporting seasonal residents.
Transportation is dominated by private vehicle use on Route 27; the Long Island Rail Road provides seasonal and commuter service to New York City.
Development is heavily constrained by environmental protections and local zoning, focusing on preservation and low-density residential growth.
The Suffolk County assessment regime relies on periodic revaluations to reflect the high market volatility of coastal luxury properties.
Parcels are subject to East Hampton Union Free School District taxes and various local fire and water district assessments.
Property insurance premiums are high and rising due to significant coastal hazard exposure and the increasing cost of wind and flood coverage.
The state experiences net domestic out-migration, though high-income enclaves like the Hamptons continue to see steady demand from affluent urban relocators.
New York is a judicial foreclosure state, requiring court intervention for all foreclosures, which typically results in longer timelines for lenders.
New York requires a comprehensive Property Condition Disclosure Statement, though sellers may opt to pay a credit in lieu of providing the disclosure.
Data retrieved from data.census.gov ZCTA 11930 profile tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Antique Carousel4.615.3 mi
- The Stephen Talkhouse4.52.3 mi
- Kontokosta Winery3.916.2 mi
- Claudio's Waterfront4.515.2 mi
- The Clubhouse4.37.3 mi
- Sparkling Pointe Vineyards & Winery4.518.3 mi
- Wölffer Estate Vineyard4.49.5 mi
- East Hampton Main Beach4.65.7 mi
- Children's Museum of the East End4.610.6 mi
- Hither Hills State Park4.74.9 mi
- LongHouse Reserve4.94.9 mi
- Montauk Point Lighthouse Museum4.714 mi
- Montauk Point Lighthouse4.814.1 mi
- Parrish Art Museum4.514.8 mi
- Children's Museum of the East End4.610.6 mi
- LongHouse Reserve4.94.9 mi
- Hither Hills State Park4.74.9 mi
- Montauk Downs State Park Golf Course4.59.8 mi
- Cedar Point County Park4.47.3 mi
- Orient Beach State Park4.712.7 mi
- Mashomack Preserve4.812.2 mi
- Peconic Bay Yacht Club4.916.2 mi
- Star Island Yacht Club & Marina4.410.4 mi
- Montauk Anglers Club & Marina4.910.8 mi
- Mitchell Park & Marina4.615.3 mi
- Maidstone Club4.64.6 mi
- Montauk Downs State Park Golf Course4.59.8 mi
- Poxabogue Golf Course4.28.9 mi
- T.J. Maxx4.411.6 mi
- Citarella Gourmet Market - Bridgehampton4.311.4 mi
- Citarella Gourmet Market - East Hampton4.34.5 mi
- Bridgehampton Commons4.311.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Renowned public beach with high-end amenities and seasonal access.
High-end luxury retail and dining district along Main Street and Newtown Lane.
Scenic coastal pond area popular for walking and birdwatching.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).