Market Overview
Home Prices in Amagansett, NY
The median home value in Amagansett, NY is $3,140,946 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and down 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Amagansett are priced666% above average. Amagansett is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Amagansett home values have risen by approximately15.1%, reflecting steady appreciation in this market.
Price History
Amagansett Home Price Trend
City Comparison
Amagansett vs. National Median
At $3,140,946, homes in Amagansett cost 666% above the national median of $410,000. Buyers in Amagansett should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Amagansett?
20% Down Payment
$628,189
on $3,140,946
Monthly P&I
$16,381/mo
30-yr @ 6.8%
Total Monthly Est.
~$20,804/mo
incl. taxes & insurance
Income Needed
$832,160
gross annual (30% rule)
10% Down Option
$314,095
+ PMI applies
Loan Amount (20% dn)
$2,512,757
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Amagansett, NY?
The median home value in Amagansett is $3,140,946 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Amagansett?
Over the past year, home values in Amagansett have increased by 3.7%. Over five years, prices have risen approximately 15.1%.
How much do I need to earn to buy a home in Amagansett?
To comfortably afford the median home price of $3,140,946 with a 20% down payment ($628,189) at today's rates (6.8%), you'd need a gross annual income of approximately $832,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Amagansett compare to the national average home price?
The national median home value is approximately $410,000. At $3,140,946, homes in Amagansett are 666% above the national average.
What metro area is Amagansett part of?
Amagansett is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.