Wainscott, NY Real Estate Listings & Homes for Sale

In June 2023, Wainscott’s real estate market saw a modest 3.6% increase in home prices compared to the previous year, with the median sale price reaching $2.9 million. Homes in the area sold for an average of $1,240 per square foot, with some properties closing 12.1% above the list price. However, market activity remained slow, with only one home sold and an extended average of 147 days on the market, suggesting a niche luxury market where buyers take their time securing the right property.

Homebuyers moving to Wainscott come from various metros across the country, with 3% of buyers searching from outside the area. Among those looking to relocate, San Francisco leads the list, followed by Seattle and Los Angeles. This trend suggests that Wainscott is attracting interest from buyers on the West Coast, likely drawn to its luxury real estate, coastal lifestyle, and peaceful retreat from urban living.

As of January 2025, Wainscott, NY, is a buyer’s market, meaning there are more homes available than there are buyers actively searching. This increased inventory gives buyers the advantage, allowing for more negotiating power, potential price reductions, and better deals on high-end properties. For those looking to invest in Wainscott’s luxury real estate, now could be the ideal time to explore available homes and secure a great opportunity.