Homes for sale in Quiogue

About Quiogue

Quogue, NY Real Estate Market Report This report presents an updated analysis of the real estate market in Quogue, New York, a distinct community located in the Hamptons region of Suffolk County. The data reflects the latest trends in pricing, inventory, and market dynamics. Current Market Overview The Quogue real estate market is characterized by high-value properties and a predominantly residential environment. According to recent data, the median sale price of a home in Quogue was approximately $1.2 million in February 2026, representing a significant decrease of 47.8% compared to the previous year. However, the average price per square foot showed a slight increase of 2.5%, standing at $627. Other sources indicate that the average home value in the region can reach $1,092,600, with 72% of properties valued above $750,000. The rental market also reflects the exclusivity of the area, with a median monthly rent of $2,744, and all listed rental properties having values exceeding $2,000. Sales Dynamics and Competitiveness The market in Quogue is considered "somewhat competitive." On average, homes stay on the market for about 38 days before being sold. Properties typically sell for approximately 4% below the listing price. However, "hot homes" can sell for a value close to the listing price and go into pending status in just 23 days. The vast majority of Quogue residents (about 93%) own their homes, indicating a stable community with low tenant turnover. The area offers a mix of suburban and rural environments, attracting buyers seeking tranquility and exclusivity. Migration Trends Migration data shows that Quogue attracts interest from both local buyers and those from other regions. About 68% of Quogue buyers sought to remain in the metropolitan area. Among out-of-town buyers, the most interest came from cities such as Los Angeles, Honolulu, and San Diego. On the other hand, residents leaving Quogue tend to move to destinations like Miami, Boston, and Philadelphia. Conclusion The Quogue, NY real estate market maintains its status as a premium area, despite the recent correction in median sale prices. The high homeownership rate and consistent values per square foot demonstrate the stability and continued appeal of the region. Moderate competitiveness and relatively short time on the market suggest that, although prices have adjusted, demand for homes in Quogue remains solid. Quogue, NY Real Estate Market Report This report presents an analysis of the real estate market in Quogue, New York, based on the latest available data, focusing on price trends, inventory, and luxury market dynamics. Current Market Overview The average home value in Quogue, NY, is approximately $2,839,231, recording an increase of 3.6% compared to the previous year, with data updated through April 30, 2026. The average listing price on the same date was $3,609,833. The inventory of homes for sale in Quogue was 16 units in April 2026. Regarding the rental market, the average rent in Quogue is $49,000, with a monthly variation of 1.1% through April 30, 2026. Market Trends and Dynamics The fourth quarter of 2024 demonstrated a recovery in the South Fork real estate market, the region where Quogue is located, with a 25% increase in annual sales. This was only the second annual increase in the last three years. The financial volume of sales also grew 13% year-over-year, reaching $1.350 billion. Quogue, in particular, showed a significant increase, with sales closings above $5 million jumping from one to six in the fourth quarter of 2024. Although the average price and median price decreased this quarter in the South Fork region, the average price of $3.111 million still remains above the $3 million threshold, which was first surpassed in 2022. In the residential luxury segment (the top 10% of most expensive sales), the average luxury price in South Fork fell 23% to $11.4 million, due to a lower number of sales above $20 million compared to the previous year. However, with reported sales between $10 million and $20 million doubling annually, the median luxury price rose 15% to $10.9 million. Conclusion The Quogue, NY real estate market demonstrates resilience and strong performance in the luxury segment, with a notable increase in high-value property sales. Although there are fluctuations in average and median prices in the South Fork region, home appreciation in Quogue remains positive, and the rental market shows high values, reflecting the continuous demand for properties in the area.