Watermill, NY Real Estate

According to census data in the year 2000 there were 1,492 housing units in Watermill. This represents a 12.4% decline from 1,703 in 1990.

Of those housing units, 147 were located in either urbanized areas or urban clusters, and 1,345 were located in what is classified as a rural area.

Homeownership rate in Watermill is about 87.8%. Watermill's vacancy rate, including seasonal lodging, is about 51.1%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Watermill were built after 1978.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom3.60%
Two Bedrooms6.40%
Three Bedrooms43%
Four Bedrooms26.30%
Five Bedrooms or more20.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1980
Median Value of occupied units$637,300
Median Price asked for vacant units$1,000,001

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1956
Median Monthly Rent asked for vacant units$630

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.80%
Home Equity Loan5.80%
Simple Mortgage51.80%
Debt Free40.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.4%