October's First-Time Homebuyer Report for Westhampton Beach

Westhampton Beach has a younger population than other areas in New York with a median age of 42 years. It is also affluent with a median income of $73,687 per household. Detached homes account for 67% of the area's current housing market. Topping the list of best schools in the city is Sagaponack School.

Culture

If you are interested in some outdoor fun, Foursquare says that Westhampton Beach NY and Swordfish Beach Club are the most popular places in Westhampton Beach. For arts and entertainment, you'll find Westhampton Beach Performing Arts Center and Hampton Arts Twin Cinema. And finally, recommended places to eat are Margarita Grille, Goldberg's Famous Bagels, and Baby Moon.

Price Range

Homes in Westhampton Beach are generally more expensive than others in the state with a median home value of $749,900 and an average list price of $1,203,635. The Westhampton Beach market improved in this week's report, as the number of sales went up to four homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in Westhampton Beach that generated the most views from potential buyers:

$710K   $2.4M   $2.7M  

Typical Dwelling

The typical dwelling in Westhampton Beach is a four-bedroom detached home worth about $1,567,130. To purchase a similar home, a buyer with good credit and a $313,426 cash down payment could obtain a mortgage with a 3.95% interest rate and a $3,563 monthly payment. The property tax rate is $26.26 per $1,000 of taxable assessed value.

Get started right now by checking out Westhampton Beach homes for sale or reviewing Westhampton Beach real estate trends.


Data reported through 10/13/2016

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