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Gordon M. Grant/Bloomberg News
New York MSA*: Suffolk County
Median home sale price: $4,421,458
Price change YOY: -4.3%
Median household income: $54,048**
About 95 miles from Manhattan, this luxurious Hamptons town provides access to Atlantic Ocean beaches and offers facilities for sailing, golf, boating, tennis, and horseback riding.
* Metropolitan Statistical Area
** In Sagaponack, as in many other resort communities, wealthy residents who own second homes there file taxes elsewhere, so the income level doesn’t accurately reflect the average net worth of homeowners.