Median home value:
YOY price change:
Southampton's ritzy village of Sagaponack maintains its rank as the country's most expensive small town in 2011. The village, which covers eight square miles, has been home to musician Billy Joel
, Apollo Management Chief Operating Officer Henry Silverman
, and former Kinray Chief Executive Officer Stewart Rahr
. It is also the site of Fair Field, the 63-acre oceanfront estate of Renco Group Chief Executive Officer Ira Rennert, who owned military Humvee maker AM General. At 66,000 square feet and with a 164-seat theater, three swimming pools, and a two-lane bowling alley, Fair Field is one of the largest private houses in the country.
See the Zillow Home Value Index for Sagaponack, N.Y.
(Editor's note: This slide has been updated to correct the dimensions of Fair Field.)