Water Mill, Suffolk County, NY

Median Home Price Price

$4,378,391 $4.4M

Median Monthly Rent Rent

$3,942 $3.9K

92.0x

Market Snapshot

Water Mill, Suffolk County, NY is a city market with a median home price of $4,378,391, a median monthly rent of $3,942, a GRM of 92.0x, and a price-to-rent ratio of 92.6.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

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01 Orient, Suffolk County, NY
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High confidence
Price $1.5M
Rent $2.7K
GRM 46.0x
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Bridgehampton
$4.35M $2.8K 129.0x
Quogue
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Westhampton Beach Explore deeper
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Home prices

Monthly rent

GRM = home price / annual rent

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Elmsford, Westchester County, NY
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Roslyn, Nassau County, NY Explore deeper
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Sands Point, Nassau County, NY
$2.97M $2.8K 87.0x

Home prices

Monthly rent

GRM = home price / annual rent

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Allendale, Bergen County, NJ Explore deeper
$1.00M $3.3K 25.0x
Knife River, Lake County, MN
$351K $1.0K 28.0x
Snowmass Village, Pitkin County, CO
$2.17M $2.6K 70.0x

Home prices

Monthly rent

GRM = home price / annual rent

Water Mill

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Benchmark comparison

Compare Water Mill, NY to another market.

Compare to Bridgehampton, NY
Water Mill, NY
Bridgehampton, NY
Delta
Median rent
$3,942
N/A
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Median price
$4,378,391
N/A
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YoY change
+$308
N/A
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Price-to-rent
92.6x
Data unavailable
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Key takeaways

  • Water Mill, Suffolk County, NY has a higher-grm screening profile: At 92.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $308 year over year.
  • Next discovery step: compare Bridgehampton, Suffolk County, NY from the Same county set.