Lifestyle

Most Expensive Small Towns 2012

By on February 24, 2012

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No. 4 Most Expensive Small Town: Water Mill, N.Y.

County: Suffolk
Population: 2,076
Median home value: $2,080,100
YOY Change: +0.1%
Five-year Annualized Change: -2.3%

A haven for wealthy New Yorkers, Water Mill offers residents three beaches---Flying Point, Mecox, and Dead End---and wooded areas such as the 148-acre Laurel Valley Country Park, according to Corcoran.

Photograph by Getty Images
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