Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$729,701+4.0% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 12% have cut their price
Income needed to buy, per year$158,184About 1.3× the local median income ($125,969): a stretch for a typical household
Days on market58 daysFaster than a year ago: sellers have the edge
Next 12 months+2.8%Zillow expects prices to rise slightly
The typical home in Suffolk County, NY is worth $729,701, up 4.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $667,066, so the area is 9.4% overvalued. It is a balanced market, leaning toward sellers: homes take about 58 days to sell, listings are up 4% from a year ago, 12% of listings have had a price cut. Zillow expects prices to rise about 2.8% over the next year. A household needs about $158,184 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $125,969. Typical rent is $3,352 a month, or $3,274 for a house. In the latest IRS figures, 7,366 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$729,701
Change in 1 year
+4.0%
Overvalued %
+9.4%
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Fair home value
$667,066
Change in 5 years
+27.4%
Zillow forecast, next 12 months
+2.8%
Home value to income
5.8×
Monthly mortgage payment (20% down)
$3,955
Income needed to afford it
$158,184
Property tax rate
1.73%
Rent and investing
Typical rent
$3,352
Typical rent for houses
$3,274
Price-to-rent ratio
18.1×
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HUD Fair Market Rent, 2 bedrooms
$2,689
Gross rental yield
5.51%
Cap rate (estimate)
3.58%
Market activity
Listings vs a year ago
+4.0%
Days on market
58
Listings with a price cut
12.0%
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Homes for sale
4,269
Pending sales per 100 listings
44
Asking price per sq ft
$493
People and jobs
Median household income
$125,969
Population change (1 year)
+0.2%
Unemployment rate
4.7%
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Population
1,546,090
Income adjusted for cost of living
$111,873
Net moves in (IRS)
−7,366
Cost of living (US = 100)
112.6
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
97.3
Unhealthy air days a year
5
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Flood risk score
98.6
Wildfire risk score
73.4
Walkability (1 to 20)
8.6
Road, rail and air noise
53 dB
Questions people ask
Is Suffolk County, NY overvalued?
Home prices in Suffolk County, NY are slightly above what local incomes have historically supported: fair value is about $667,066, so the area is 9.4% overvalued.
Is Suffolk County, NY a buyer's or seller's market?
Suffolk County, NY is a balanced market, leaning toward sellers: homes take about 58 days to sell, listings are up 4% from a year ago, 12% of listings have had a price cut.
Are home prices going down in Suffolk County, NY?
Home values in Suffolk County, NY are up 4.0% over the last year. Zillow's forecast for the next 12 months is +2.8%.
How much do you need to earn to buy a home in Suffolk County, NY?
A household needs about $158,184 a year to afford the typical home in Suffolk County, NY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $125,969.