East Hampton, NY is a popular vacation destination known for its beautiful beaches, luxury homes and high cost of living. The median value of housing in East Hampton is an astonishing $1,237,400, which is nearly four times higher than the national median value of $338,100. Furthermore, the one year house appreciation rate in East Hampton is 13.07%, far higher than the national rate of 8.27%. This reflects the strong demand for luxury homes in East Hampton and demonstrates that this town has become an increasingly desirable place to own property.
The median home cost in East Hampton is $1,237,400. Home appreciation the last 10 years has been 83.6%. Home Appreciation in East Hampton is up 16.1%.
Average Age of Homes
- The median age of East Hampton real estate is 39 years old
The Rental Market in East Hampton
- Renters make up 9.6% of the East Hampton population
- 0.1% of houses and apartments in East Hampton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.