Market Report ·
Montauk Luxury Real Estate Market Overview 2026
A luxury market report covering residential sales of $5 million and above.
Barry McGovernLicensed Real Estate Salesperson, Hedgerow Exclusive Properties
Sales in this report come from EastEndLI.
Montauk runs from Hither Hills and Old Montauk Highway east through Ditch Plains, DeForest Road, Surfside and the Lake Montauk shoreline to the point.
Montauk at a Glance
| Montauk, $5M and above | |
|---|---|
| Sales, Jan 2021 to Oct 14, 2026 | 72 |
| Total volume | $692.6 million |
| Median sale price | $8.1 million |
| Top sale | $30.0 million, 112-114 and 126 Old Montauk Highway (Apr 2026) |
| Sales in 2026 so far | 8 |
| 2026 median | $9.9 million |
| Buyers paid, median share of final ask | 85.9% |
2026 to Date
8 sales at $5 million and above through October 14, totaling $104.9 million. 112-114 and 126 Old Montauk Highway leads at $30.0 million. 4 of the 8 closed between $5 million and $10 million and 2 cleared $20 million.
| Address | Price | Closed | Setting |
|---|---|---|---|
| 112-114 and 126 Old Montauk Highway | $30.00M | Apr 2026 | Inland |
| 29 Wills Point Road | $23.00M | Sep 2026 | Inland |
| 12 Tara Road | $12.78M | Jun 2026 | Inland |
| 5 Oceanview Terrace | $10.75M | Aug 2026 | Oceanfront |
| 10 Maple St | $9.00M | Jun 2026 | Inland |
| 134 Second House Road | $7.25M | Sep 2026 | Inland |
| 91 Surfside Drive | $6.75M | Apr 2026 | Inland |
| 96 Benson Drive | $5.40M | Aug 2026 | Inland |
Sales by Year
| 2021 | volume $168.3M | 20 sales |
|---|---|---|
| 2022 | volume $114.8M | 11 sales |
| 2023 | volume $76.00M | 8 sales |
| 2024 | volume $81.81M | 11 sales |
| 2025 | volume $146.8M | 14 sales |
| 2026 YTD | volume $104.9M | 8 sales |
Montauk, residential sales at $5 million and above. 2026 runs through October 14.
| 2021 | sales 20 | $168.3M |
|---|---|---|
| 2022 | sales 11 | $114.8M |
| 2023 | sales 8 | $76.00M |
| 2024 | sales 11 | $81.81M |
| 2025 | sales 14 | $146.8M |
| 2026 YTD | sales 8 | $104.9M |
Montauk, sales at $5 million and above.
| 2021 | median $7.50M | 20 sales |
|---|---|---|
| 2022 | median $8.15M | 11 sales |
| 2023 | median $7.80M | 8 sales |
| 2024 | median $7.50M | 11 sales |
| 2025 | median $9.82M | 14 sales |
| 2026 YTD | median $9.88M | 8 sales |
Montauk, sales at $5 million and above.
| Year | Sales | Median | Total |
|---|---|---|---|
| 2021 | 20 | $7.50M | $168.3M |
| 2022 | 11 | $8.15M | $114.8M |
| 2023 | 8 | $7.80M | $76.00M |
| 2024 | 11 | $7.50M | $81.81M |
| 2025 | 14 | $9.82M | $146.8M |
| 2026 YTD | 8 | $9.88M | $104.9M |
2021 was the high-water mark for dollars at $168.3 million.
Setting and Price Band
| Oceanfront | volume $226.4M | 18 sales |
|---|---|---|
| Inland and bay | volume $466.2M | 54 sales |
Montauk, January 2021 through October 14, 2026.
| Setting | Sales $5M+ | Median | Top sale | Total |
|---|---|---|---|---|
| Oceanfront | 18 | $9.88M | $25.00M | $226.4M |
| Inland and bay | 54 | $7.28M | $30.00M | $466.2M |
| Montauk | 72 | $8.05M | $30.00M | $692.6M |
| $5M to $10M | 49 | 68% of sales |
|---|---|---|
| $10M to $20M | 18 | 25% of sales |
| $20M and above | 5 | 7% of sales |
Montauk, January 2021 through October 14, 2026.
| Band | Sales | Share |
|---|---|---|
| $5M to $10M | 49 | 68% |
| $10M to $20M | 18 | 25% |
| $20M and above | 5 | 7% |
Old Montauk Highway and DeForest Road hold most of Montauk's top sales, ocean bluffs above the beach. Inland and on Lake Montauk, Maple Street, Tara Road, Wills Point Road and Surfside Avenue carry the market from $5 million to about $23 million.
Top Montauk Sales Since 2021
| Address | Price | Closed | Setting |
|---|---|---|---|
| 112-114 and 126 Old Montauk Highway | $30.00M | Apr 2026 | Inland |
| 42 Old Montauk Highway | $25.00M | Oct 2022 | Oceanfront |
| 644 and 648 Old Montauk Highway | $24.38M | Jun 2025 | Oceanfront |
| 176 DeForest Road | $23.60M | Oct 2021 | Oceanfront |
| 29 Wills Point Road | $23.00M | Sep 2026 | Inland |
| 42 Old Montauk Highway | $18.50M | Dec 2023 | Oceanfront |
| 66 Surfside Avenue | $17.35M | Aug 2022 | Inland |
| 18 Maple Street | $17.00M | May 2025 | Inland |
| 42 DeForest Road | $17.00M | Nov 2025 | Oceanfront |
| 216 Old Montauk Highway | $14.00M | Mar 2023 | Oceanfront |
FAQ
What is the median price of a luxury home in Montauk?
Across 72 sales at $5 million and above from January 2021 through October 14, 2026, the median was $8.1 million. In 2026 to date it is $9.9 million across 8 sales.
What is the most expensive home sold in Montauk recently?
112-114 and 126 Old Montauk Highway closed at $30.0 million in April 2026, the top Montauk sale since 2021.
How much of the Montauk luxury market is oceanfront?
18 of the 72 sales since 2021 were oceanfront, $226.4 million or 33% of the total, at a $9.88M median.
Who is Barry McGovern?
Barry McGovern is a Licensed Real Estate Salesperson with Hedgerow Exclusive Properties, a boutique ultra-luxury Hamptons brokerage that has facilitated over $2 billion in transactions since 2020. More at hamptonshomes.ai/about.
Thinking About Montauk?
Whether you are weighing a sale or looking for a house that may never reach the open market, I am glad to walk through what the record says about your street.
Related
- Montauk town page
- Amagansett Luxury Market Overview 2026
- East Hampton Luxury Market Overview 2026
- Five-Year Hamptons Market Report, 2021 to 2026
- Hamptons Oceanfront, 2021 to 2026
- Recent Hedgerow Exclusive Sales
Images courtesy of Hedgerow Exclusive Properties.
About the author
Barry McGovern is a Licensed Real Estate Salesperson with Hedgerow Exclusive Properties, a boutique ultra-luxury Hamptons brokerage that has facilitated over $2 billion in transactions since 2020. Dublin-born and a Sag Harbor local since 2013, Barry focuses on oceanfront, waterfront, estate-section, and private-market opportunities from Southampton to Montauk, and has been involved with the firm's landmark and record-breaking work.