Real Estate in Wainscott, NY
Updated 2026 • Housing market data from 1 zip code • Redfin data through November 2025
📊 Wainscott, NY Market Activity
The Wainscott housing market shows a median sale price of $2,000,000. The price per square foot is $1,600, 1600% above the national median of ~$215/sqft. Homes in Wainscott spend a median of 52 days on market, longer than the national median of 42 days — giving buyers more negotiation room.
🏘️ Wainscott Rental Market
The average rent in Wainscott, NY is $113,464 per month. A 2-bedroom apartment rents for approximately $32,000/month, while a 3-bedroom home averages $40,000/month.
📦 Wainscott Housing Supply & Demand
There are 4 new listings and 5 active properties on the market.
🏆 Wainscott Market Competitiveness
Homes in Wainscott sell for an average of 105.0% of their asking price. About 100% of properties sell above list price, indicating strong competition among buyers.
On average, homes sell at or above asking price
100% of sales closed above asking, % at or below
📋 Housing Overview
Wainscott, NY Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 3650000, the balance between renting (3%) and owning (97%), and a population of 585 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Rent vs. Buy Analysis
With a median home price of $3,650,000 and average rents of $113,464/month, the median household income of $172,500 provides context for affordability in Wainscott. Whether you're looking to buy property in Wainscott or invest in Wainscott real estate, understanding the price-to-rent ratio helps determine if renting or owning makes more financial sense for your situation. A 2-bedroom apartment rents for approximately $32,000/month, while a 3-bedroom house averages $40,000/month.
Economy & What Drives Wainscott Real Estate
Real estate values in Wainscott, NY are driven by local employment, school quality, and quality of life. The cost of living index of 153.0 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $172,500, residents have above-average purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across Wainscott neighborhoods.
Pros & Cons
Pros
- •Friendly community vibe
- •Low crime rates reported
- •Diverse dining options
- •Access to outdoor activities
- •Close to Hamptons activities
- •Strong job market in summer
- •Beautiful beaches nearby
- •Good schools in the area
- •Great for families with kids
- •Quiet and peaceful environment
Cons
- •Potential for racism issues
- •Less cultural diversity seen
- •Limited nightlife options
- •Limited year-round activities
- •Job market can be competitive
- •Seasonal population changes
- •Public transport is scarce
- •Political views can be polarized
- •Traffic congestion in summer
- •High cost of living
Frequently Asked Questions
What is the cost of living in Wainscott, NY? ▼
The cost of living in Wainscott, NY is 53% higher than the national average, with a cost of living index of 153 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Wainscott, NY? ▼
In Wainscott, NY, The median home price is $3,650,000. requiring approximately $825,000 annual income to afford. Average rent is $113,464/month (requiring ~$4,538,548/year income). The local median household income is $172,500, making homeownership challenging for typical residents. Explore Wainscott real estate data →
Is Wainscott, NY a safe place to live? ▼
Wainscott, NY is an area where crime rates exceed the national average. The crime rate is 37.6 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Wainscott crime statistics →
What salary do you need to live comfortably in Wainscott, NY? ▼
To live comfortably in Wainscott, NY and afford a median-priced home of $3,650,000, you would typically need a household income of $912,500 to $1,140,625 per year. The local median household income is $172,500. Renting requires approximately $4,538,548/year (at $113,464/month). See full affordability analysis →
Is Wainscott, NY growing? ▼
Wainscott, NY has a population of 585. As a smaller community, population trends depend on local housing development, job growth, and quality of life factors. The higher cost housing market and strong job market shape migration patterns. See Wainscott population demographics →
What are the best neighborhoods in Wainscott, NY? ▼
The best neighborhoods in Wainscott, NY depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods farther from the city center tend to offer more affordable options. Explore Wainscott on our interactive map →
What is the commute like in Wainscott, NY? ▼
Commute times in Wainscott, NY vary by neighborhood and workplace location. As a smaller community, residents typically drive, as public transit is limited. The moderate cost of living may allow for housing closer to employment centers. Explore commute times on our map →
How are the taxes in Wainscott, NY? ▼
Tax rates in Wainscott, NY include state and local components. The cost of living index of 153 indicates a higher cost environment compared to the national average. View detailed Wainscott tax information →
How does Wainscott, NY compare to nearby cities? ▼
Wainscott, NY offers comparable costs to nearby communities. With a cost of living index of 153, median home prices of $3,650,000, and a crime rate of 37.61 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Wainscott, NY? ▼
Weather in Wainscott, NY varies by season. Climate data varies by season. View detailed Wainscott climate & environment data →
Is it better to rent or buy in Wainscott, NY? ▼
With a median home price of $3,650,000 and average rents of $113,464/month, the price-to-rent ratio in Wainscott is 2.7x. This favors buying, as monthly mortgage payments may be comparable to or lower than rent. See full cost analysis →
What is the price per square foot in Wainscott, NY? ▼
The median price per square foot in Wainscott is $1,600, which is 644% above the national median of ~$215/sqft. This reflects the area's demand, construction costs, and proximity to employment centers.
How fast do homes sell in Wainscott, NY? ▼
Homes in Wainscott spend a median of 52 days on market before going under contract. This indicates homes take longer than the national median of 42 days, giving buyers more negotiating room. View full market data →
Explore More About Wainscott, NY
📅 Last Updated: November 2025
Sources: U.S. Census Bureau, Zillow, Redfin