Montauk, NY—11954
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montauk, NY
As of Oct '25, the median home price in Montauk, NY is $1,957,000, with a year-over-year change of 3.7%. This indicates that home prices in Montauk, NY are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,957,000 | 3.7% |
| Single Family | $2,058,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | $2,542,000 | -0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Montauk, NY
As of July '25, Rentcast reports the average rent in Montauk, NY is $8,740, with a year-over-year rent change of 26.3%. Per bedroom, the median rent as of July '25 in Montauk, NY is 1-bedrooms: $10,000, 2-bedrooms: $7,570, 3-bedrooms: $9,190. The most common rental property sizes in Montauk, NY are 2-bedroom and 3-bedroom, accounting for 45.7% and 19.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $9,870 | $8,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $10,000 | $10,000 |
| 2 Bed Rent | $8,000 | $7,570 |
| 3 Bed Rent | $9,870 | $9,190 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Montauk, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Montauk, NY is 104. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,520,000 | -17.0% |
Listing Count | 118 | 22.0% |
| Listings as % of Homes | 1.6% | 22.0% |
Days on Market | 104 | -14.0% |
Demographics — Montauk, NY
As of the latest ACS Survey released in 2023, Montauk, NY has a population of 4,070, which has increased by 11.4% over the past 5 years. Montauk, NY is a moderately popular place for families, as children make up 18.6% of the population. The area has a highly educated workforce, with 48.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,070 | 11.4% |
% Under 18 | 18.6% | 40.9% |
% Seniors | 23.5% | -19.2% |
% WFH | 20.0% | 124.7% |
% w/ College Degree | 48.9% | 13.7% |
As of the latest ACS Survey released in 2023, Montauk, NY is a predominantly white area, with 89.1% of the population identifying as white. The white population has grown by 7.5% in the last 5 years. The second most common race or ethnicity in Montauk, NY is hispanic, making up 6.4% of the population. Foreign-born residents account for 10.0% of the population in Montauk, NY, and this percentage has decreased by 13.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.1% | 7.5% |
% Black | 1.4% | 100.0% |
% Hispanic | 6.4% | -54.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 10.0% | -13.0% |
Mortgage and Risk — Montauk, NY
According to HUD data as of 2023, there were 72 mortgage originations in Montauk, NY, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Montauk, NY. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 72 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 3.0% |
% Second Loans | 51.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Montauk, NY
Montauk, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | 12.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$7,280 | $10,000 | $2,720 |
| 2 Bedroom | -$4,860 | $8,000 | $3,140 |
| 3 Bedroom | -$5,800 | $9,870 | $4,070 |
| 4 Bedroom | N/A | N/A | $4,360 |
Affordability — Montauk, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 14.2 |
| Median Home Price | $1,957,000 |
| Median Household Income | $129,000 |