The story of this market
The typical home in ZIP 11962 sells for about $2,400,000, or $1,065 per square foot.
Prices are down 15.8% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $45,000 a month.
This ZIP has no home sales of its own, so its market figures come from Town of Southampton, New York (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 11962 — Town of Southampton
The Sagaponack housing market is currently experiencing extreme volatility with a significant year-over-year decline in median sale prices and very low transaction volume. The market is dominated by ultra-luxury inventory, leading to high price points that are sensitive to seasonal demand and broader economic shifts in the Hamptons region.
This ZIP is primarily suited for ultra-high-net-worth individuals and seasonal residents seeking privacy, luxury coastal living, and proximity to the Hamptons' exclusive amenities.
Median prices moved down 15.8% year over year.
Homes spend a median of 62 days on market with 96.0 months of supply — a slower-moving market.
6% of listings have cut prices · homes sell at 93.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 15.2% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 11962, Suffolk County, NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Residents primarily rely on personal vehicles for transportation, as public transit options are limited in this quiet, rural-coastal setting.
The area is defined by its tranquil coastal environment, featuring proximity to Sagaponack Lake, local beaches, and a limited selection of high-end dining options.
The rental market is characterized by high-end seasonal demand, with limited inventory and significant pressure from short-term vacation rentals.
The local economy is heavily driven by high-end real estate, seasonal tourism, and agriculture, with many residents being part of the affluent Hamptons professional network.
Transportation is almost exclusively car-dependent, with access to regional corridors provided by local roads connecting to the broader Long Island highway network.
Data sourced from PlainZIP and Census ACS benchmarks.
- Antique Carousel4.613.3 mi
- Cowfish4.512.3 mi
- The Stephen Talkhouse4.57.7 mi
- Kontokosta Winery3.914.5 mi
- Claudio's Waterfront4.513.2 mi
- Love Lane Kitchen4.514.6 mi
- Cooper's Beach4.78 mi
- Wölffer Estate Vineyard4.41.7 mi
- Shinnecock Hills Golf Club4.69 mi
- Parrish Art Museum4.55 mi
- East Hampton Main Beach4.64.4 mi
- Parrish Art Museum4.55 mi
- The Big Duck4.618.3 mi
- Children's Museum of the East End4.62.4 mi
- LongHouse Reserve4.95.7 mi
- "The Point" at Orient Point4.816.6 mi
- Cedar Point County Park4.48.3 mi
- Elizabeth A. Morton National WildlifeRefuge4.86.9 mi
- Agawam Park4.76.9 mi
- Shinnecock East County Park4.711.6 mi
- Mashomack Preserve4.89.8 mi
- Peconic Bay Yacht Club4.912.6 mi
- Strong's Water Club & Marina4.514.8 mi
- Mitchell Park & Marina4.613.3 mi
- Maidstone Club4.65.5 mi
- Sebonack Golf Club4.89.6 mi
- Poxabogue Golf Course4.21.7 mi
- T.J. Maxx4.42.4 mi
- Citarella Gourmet Market - Southampton4.36.5 mi
- Citarella Gourmet Market - Bridgehampton4.32.2 mi
- Citarella Gourmet Market - East Hampton4.35.4 mi
- Southold Fish Market4.712.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A prominent local landmark defining the geography of the hamlet.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median price ($7,500,000) sat outside the 0.25–4× band around Suffolk County's retained level and was not stored.