No. 1: Sagaponack, N.Y.

Gordon M. Grant/Bloomberg News

No. 1: Sagaponack, N.Y.

New York MSA*: Suffolk County
Median home sale price: $4,421,458
Price change YOY: -4.3%
Population: 582
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.