Market Overview
Home Prices in Southold, NY
The median home value in Southold, NY is $1,122,470 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Southold are priced174% above average. Southold is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Price History
Southold Home Price Trend
2024
$1,090,601
$1.09M
—
2025
$1,095,890
$1.10M
+0.5%
2026
$1,122,470
$1.12M
+2.4%
City Comparison
Southold vs. National Median
🏠 Southold
$1,122,470
National Median
$410,000
At $1,122,470, homes in Southold cost 174% above the national median of $410,000. Buyers in Southold should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Southold?
20% Down Payment
$224,494
on $1,122,470
Monthly P&I
$5,854/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,435/mo
incl. taxes & insurance
Income Needed
$297,400
gross annual (30% rule)
10% Down Option
$112,247
+ PMI applies
Loan Amount (20% dn)
$897,976
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 Southold, NY?
The median home value in Southold is $1,122,470 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Southold?
Over the past year, home values in Southold have increased by 2.4%.
How much do I need to earn to buy a home in Southold?
To comfortably afford the median home price of $1,122,470 with a 20% down payment ($224,494) at today's rates (6.8%), you'd need a gross annual income of approximately $297,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Southold compare to the national average home price?
The national median home value is approximately $410,000. At $1,122,470, homes in Southold are 174% above the national average.
What metro area is Southold part of?
Southold 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.