Special Report

The Most Expensive Housing Markets in New York

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New York State and California have at least one thing in common: sky-high housing prices. Like its West Coast counterpart, the East Coast’s largest metropolis has some of the most expensive single-family home costs in the nation. The real estate firm Zillow pegs the value of a typical middle-tier home in the Empire State at $379,457, seasonally adjusted as of July. That soars over the national rate of $298,933.

Similarly, the New York State Association of Realtors reported the median price for a home in the state hit $385,000 in June, a 28.3% rise from $300,000 in June of last year. Despite that steep rise, New York (like California) is not among the 10 states where home prices went up the most in the last 12 months.)

To identify the most expensive housing markets in New York State, 24/7 Wall St. reviewed data from the U.S. Census Bureau’s 2019 American Community Survey five-year estimates, ranking only the 346 census-designated places, cities, and towns with at least 5,000 residents in New York. (All data came from the ACS except percent of population change, which we calculated using ACS data.)

If you think the priciest dwellings are found only in New York City, think again. Zillow estimates a typical mid-level home across the city’s five boroughs currently has a price tag of $660,230. That’s a hefty number, to be sure, but nowhere near the median value of $1.1 million for the most “reasonable” town on this list, Manhasset on Long Island. Talk about cities where the middle class can no longer afford housing

Click here to see the most expensive housing markets in New York

Long Island communities form the overwhelming majority of locations on this list, and bookend it. While Manhasset may register at the bottom of this list, Kings Point, another town on Long Island’s ritzy North Shore — the so-called Gold Coast — outranks every other housing market in the state. There, homebuyers can expect to find a median home value of $2 million-plus.  

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50. Manhasset
> Median home value: $1,109,400
> Homes worth at least $500,000: 95.2% — 37th highest in New York
> Median household income: $177,321 — 45th highest in New York
> 5-year pop. change: -3.2% — 750th highest in New York
> Population: 7,985 — 230th highest in New York

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49. Tuxedo Park
> Median home value: $1,113,100
> Homes worth at least $500,000: 87.0% — 77th highest in New York
> Median household income: $155,833 — 72nd highest in New York
> 5-year pop. change: -7.6% — 884th highest in New York
> Population: 545 — 985th highest in New York

Meadowbrook / Wikimedia Commons

48. Hewlett Harbor
> Median home value: $1,120,400
> Homes worth at least $500,000: 93.4% — 47th highest in New York
> Median household income: $250,000+ — highest in New York(tied)
> 5-year pop. change: -18.7% — 1,062nd highest in New York
> Population: 999 — 806th highest in New York

Gyrofrog, Public domain, via Wikimedia Commons

47. Hewlett Neck
> Median home value: $1,127,700
> Homes worth at least $500,000: 99.3% — 9th highest in New York
> Median household income: $224,643 — 19th highest in New York
> 5-year pop. change: +40.9% — 36th highest in New York
> Population: 496 — 1,006th highest in New York

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46. Russell Gardens
> Median home value: $1,129,000
> Homes worth at least $500,000: 88.6% — 72nd highest in New York
> Median household income: $140,625 — 98th highest in New York
> 5-year pop. change: +13.1% — 152nd highest in New York
> Population: 993 — 810th highest in New York

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45. Bronxville
> Median home value: $1,140,300
> Homes worth at least $500,000: 80.3% — 106th highest in New York
> Median household income: $181,286 — 40th highest in New York
> 5-year pop. change: -0.0% — 495th highest in New York
> Population: 6,409 — 288th highest in New York

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44. Larchmont
> Median home value: $1,148,900
> Homes worth at least $500,000: 85.0% — 87th highest in New York
> Median household income: $215,375 — 23rd highest in New York
> 5-year pop. change: +1.5% — 386th highest in New York
> Population: 6,096 — 300th highest in New York

Jkingny / Wikimedia Commons

43. Lattingtown
> Median home value: $1,149,700
> Homes worth at least $500,000: 91.3% — 59th highest in New York
> Median household income: $169,464 — 56th highest in New York
> 5-year pop. change: +25.8% — 68th highest in New York
> Population: 1,940 — 611th highest in New York

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42. Asharoken
> Median home value: $1,159,600
> Homes worth at least $500,000: 95.4% — 32nd highest in New York
> Median household income: $250,000+ — highest in New York(tied)
> 5-year pop. change: -17.3% — 1,043rd highest in New York
> Population: 440 — 1,033rd highest in New York

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41. Huntington Bay
> Median home value: $1,164,900
> Homes worth at least $500,000: 95.4% — 33rd highest in New York
> Median household income: $176,875 — 46th highest in New York
> 5-year pop. change: -7.9% — 893rd highest in New York
> Population: 1,390 — 712th highest in New York

Jim.henderson / Wikimedia Commons

40. Plandome Heights
> Median home value: $1,194,000
> Homes worth at least $500,000: 99.0% — 11th highest in New York
> Median household income: $237,500 — 15th highest in New York
> 5-year pop. change: -2.1% — 672nd highest in New York
> Population: 967 — 819th highest in New York

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39. Lake Success
> Median home value: $1,194,200
> Homes worth at least $500,000: 94.0% — 42nd highest in New York
> Median household income: $177,500 — 44th highest in New York
> 5-year pop. change: +3.0% — 326th highest in New York
> Population: 3,119 — 479th highest in New York

LINYperson615, CC BY-SA 4.0 , via Wikimedia Commons

38. Saddle Rock Estates
> Median home value: $1,197,400
> Homes worth at least $500,000: 100.0% — 4th highest in New York
> Median household income: $190,179 — 36th highest in New York
> 5-year pop. change: +55.1% — 22nd highest in New York
> Population: 532 — 989th highest in New York

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37. Southampton
> Median home value: $1,226,400
> Homes worth at least $500,000: 94.4% — 39th highest in New York
> Median household income: $122,614 — 173rd highest in New York
> 5-year pop. change: +2.9% — 333rd highest in New York
> Population: 3,285 — 458th highest in New York

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36. Sag Harbor
> Median home value: $1,254,100
> Homes worth at least $500,000: 91.5% — 58th highest in New York
> Median household income: $86,103 — 383rd highest in New York
> 5-year pop. change: -8.2% — 898th highest in New York
> Population: 1,905 — 621st highest in New York

CaptJayRuffins, CC BY-SA 4.0 , via Wikimedia Commons

35. Quogue
> Median home value: $1,260,400
> Homes worth at least $500,000: 89.2% — 69th highest in New York
> Median household income: $70,455 — 505th highest in New York
> 5-year pop. change: -34.7% — 1,151st highest in New York
> Population: 558 — 979th highest in New York

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34. Roslyn Estates
> Median home value: $1,299,400
> Homes worth at least $500,000: 96.5% — 25th highest in New York
> Median household income: $250,000+ — highest in New York(tied)
> 5-year pop. change: +8.5% — 212th highest in New York
> Population: 1,257 — 742nd highest in New York

DanTD, CC BY-SA 4.0 , via Wikimedia Commons

33. Bridgehampton
> Median home value: $1,305,000
> Homes worth at least $500,000: 89.4% — 66th highest in New York
> Median household income: $94,028 — 327th highest in New York
> 5-year pop. change: +3.8% — 301st highest in New York
> Population: 1,323 — 730th highest in New York

Marquito at English Wikipedia, CC BY-SA 3.0 , via Wikimedia Commons

32. Kensington
> Median home value: $1,310,700
> Homes worth at least $500,000: 92.2% — 53rd highest in New York
> Median household income: $180,750 — 42nd highest in New York
> 5-year pop. change: +22.9% — 82nd highest in New York
> Population: 1,368 — 719th highest in New York

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31. Flower Hill
> Median home value: $1,315,300
> Homes worth at least $500,000: 94.7% — 38th highest in New York
> Median household income: $192,314 — 33rd highest in New York
> 5-year pop. change: +1.3% — 404th highest in New York
> Population: 4,832 — 358th highest in New York

LINYperson615, CC BY-SA 4.0 , via Wikimedia Commons

30. Great Neck Estates
> Median home value: $1,357,100
> Homes worth at least $500,000: 87.8% — 74th highest in New York
> Median household income: $147,750 — 83rd highest in New York
> 5-year pop. change: +1.5% — 384th highest in New York
> Population: 2,852 — 504th highest in New York

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29. Rye
> Median home value: $1,392,100
> Homes worth at least $500,000: 83.6% — 91st highest in New York
> Median household income: $192,688 — 32nd highest in New York
> 5-year pop. change: -0.8% — 566th highest in New York
> Population: 15,820 — 117th highest in New York

LINYperson615, CC BY-SA 4.0 , via Wikimedia Commons

28. Harbor Hills
> Median home value: $1,432,300
> Homes worth at least $500,000: 79.3% — 110th highest in New York
> Median household income: $161,667 — 63rd highest in New York
> 5-year pop. change: -26.6% — 1,118th highest in New York
> Population: 400 — 1,050th highest in New York

https://www.flickr.com/photos/129679181@N08/

27. Oyster Bay Cove
> Median home value: $1,437,500
> Homes worth at least $500,000: 94.0% — 41st highest in New York
> Median household income: $225,385 — 17th highest in New York
> 5-year pop. change: -5.0% — 813th highest in New York
> Population: 2,080 — 584th highest in New York

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26. Scarsdale
> Median home value: $1,448,300
> Homes worth at least $500,000: 96.4% — 27th highest in New York
> Median household income: $250,000+ — highest in New York(tied)
> 5-year pop. change: +1.2% — 405th highest in New York
> Population: 17,837 — 99th highest in New York

Deirdrelmt, CC BY-SA 3.0 , via Wikimedia Commons

25. Saddle Rock
> Median home value: $1,465,900
> Homes worth at least $500,000: 98.6% — 13th highest in New York
> Median household income: $191,607 — 35th highest in New York
> 5-year pop. change: -20.1% — 1,076th highest in New York
> Population: 722 — 911th highest in New York

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24. Mill Neck
> Median home value: $1,500,000
> Homes worth at least $500,000: 92.2% — 55th highest in New York
> Median household income: $243,250 — 14th highest in New York
> 5-year pop. change: +7.9% — 218th highest in New York
> Population: 1,073 — 784th highest in New York

Paul Berendsen, CC BY-SA 3.0 , via Wikimedia Commons

23. Centre Island
> Median home value: $1,508,900
> Homes worth at least $500,000: 97.5% — 18th highest in New York
> Median household income: $168,750 — 58th highest in New York
> 5-year pop. change: -1.8% — 646th highest in New York
> Population: 446 — 1,029th highest in New York

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22. Amagansett
> Median home value: $1,532,400
> Homes worth at least $500,000: 100.0% — 2nd highest in New York
> Median household income: $104,120 — 271st highest in New York
> 5-year pop. change: -39.0% — 1,161st highest in New York
> Population: 739 — 902nd highest in New York

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21. North Haven
> Median home value: $1,541,700
> Homes worth at least $500,000: 91.7% — 57th highest in New York
> Median household income: $141,719 — 93rd highest in New York
> 5-year pop. change: +4.5% — 288th highest in New York
> Population: 884 — 842nd highest in New York

https://www.flickr.com/photos/russnelson/

20. Laurel Hollow
> Median home value: $1,546,900
> Homes worth at least $500,000: 96.0% — 29th highest in New York
> Median household income: $250,000+ — highest in New York(tied)
> 5-year pop. change: +10.8% — 177th highest in New York
> Population: 2,034 — 595th highest in New York

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Wikiamsaro / Wikimedia Commons

19. Lloyd Harbor
> Median home value: $1,573,400
> Homes worth at least $500,000: 91.8% — 56th highest in New York
> Median household income: $250,000+ — highest in New York(tied)
> 5-year pop. change: -0.2% — 511th highest in New York
> Population: 3,677 — 421st highest in New York

18. Muttontown
> Median home value: $1,583,700
> Homes worth at least $500,000: 99.4% — 8th highest in New York
> Median household income: $212,950 — 24th highest in New York
> 5-year pop. change: +1.2% — 409th highest in New York
> Population: 3,669 — 424th highest in New York

LINYperson615 / Wikimedia Commons

17. Munsey Park
> Median home value: $1,599,300
> Homes worth at least $500,000: 99.1% — 10th highest in New York
> Median household income: $250,000+ — highest in New York(tied)
> 5-year pop. change: +0.3% — 474th highest in New York
> Population: 2,722 — 511th highest in New York

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16. Water Mill
> Median home value: $1,611,900
> Homes worth at least $500,000: 90.1% — 63rd highest in New York
> Median household income: $155,278 — 75th highest in New York
> 5-year pop. change: -28.2% — 1,126th highest in New York
> Population: 1,631 — 671st highest in New York

30484128@N03 / Flickr

15. Upper Brookville
> Median home value: $1,654,000
> Homes worth at least $500,000: 93.5% — 46th highest in New York
> Median household income: $191,750 — 34th highest in New York
> 5-year pop. change: +9.8% — 197th highest in New York
> Population: 1,677 — 660th highest in New York

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14. Plandome Manor
> Median home value: $1,670,600
> Homes worth at least $500,000: 96.8% — 22nd highest in New York
> Median household income: $203,750 — 27th highest in New York
> 5-year pop. change: -9.0% — 910th highest in New York
> Population: 740 — 901st highest in New York

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13. Wainscott
> Median home value: $1,677,100
> Homes worth at least $500,000: 100.0% — 5th highest in New York
> Median household income: $144,375 — 88th highest in New York
> 5-year pop. change: -53.7% — 1,180th highest in New York
> Population: 349 — 1,081st highest in New York

Jim.henderson, CC BY 3.0 , via Wikimedia Commons

12. Hewlett Bay Park
> Median home value: $1,687,500
> Homes worth at least $500,000: 97.6% — 17th highest in New York
> Median household income: $250,000+ — highest in New York(tied)
> 5-year pop. change: -1.1% — 597th highest in New York
> Population: 350 — 1,080th highest in New York

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11. Old Westbury
> Median home value: $1,856,900
> Homes worth at least $500,000: 96.5% — 26th highest in New York
> Median household income: $220,048 — 21st highest in New York
> 5-year pop. change: +5.7% — 259th highest in New York
> Population: 4,670 — 364th highest in New York

Antony-22, CC BY-SA 4.0 , via Wikimedia Commons

10. Brookville
> Median home value: $1,952,900
> Homes worth at least $500,000: 97.8% — 15th highest in New York
> Median household income: $250,000+ — highest in New York(tied)
> 5-year pop. change: +1.1% — 413th highest in New York
> Population: 3,586 — 430th highest in New York

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9. East Hampton
> Median home value: $2 million+
> Homes worth at least $500,000: 92.8% — 48th highest in New York
> Median household income: $109,250 — 241st highest in New York
> 5-year pop. change: -24.3% — 1,102nd highest in New York
> Population: 869 — 848th highest in New York

AdamKidabra at English Wikipedia, CC BY-SA 3.0 , via Wikimedia Commons

8. Cove Neck
> Median home value: $2 million+
> Homes worth at least $500,000: 98.7% — 12th highest in New York
> Median household income: $158,750 — 68th highest in New York
> 5-year pop. change: -10.1% — 931st highest in New York
> Population: 268 — 1,125th highest in New York

Kenneth C. Zirkel, CC BY-SA 4.0 , via Wikimedia Commons

7. Old Brookville
> Median home value: $2 million+
> Homes worth at least $500,000: 97.4% — 19th highest in New York
> Median household income: $170,938 — 54th highest in New York
> 5-year pop. change: -26.0% — 1,113th highest in New York
> Population: 1,708 — 652nd highest in New York

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MikeRega / iStock via Getty Images

6. West Hampton Dunes
> Median home value: $2 million+
> Homes worth at least $500,000: 96.6% — 24th highest in New York
> Median household income: n/a
> 5-year pop. change: +28.3% — 59th highest in New York
> Population: 68 — 1,183rd highest in New York

stefko / iStock Editorial via Getty Images

5. Sands Point
> Median home value: $2 million+
> Homes worth at least $500,000: 97.0% — 21st highest in New York
> Median household income: $250,000+ — highest in New York(tied)
> 5-year pop. change: +5.4% — 267th highest in New York
> Population: 2,862 — 500th highest in New York

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Americasroof / Wikimedia Commons

4. Sagaponack
> Median home value: $2 million+
> Homes worth at least $500,000: 95.8% — 31st highest in New York
> Median household income: $125,833 — 153rd highest in New York
> 5-year pop. change: +26.9% — 64th highest in New York
> Population: 264 — 1,129th highest in New York

Jim.henderson / Wikimedia Commons

3. Plandome
> Median home value: $2 million+
> Homes worth at least $500,000: 100% — highest in New York(tied)
> Median household income: $250,000+ — highest in New York(tied)
> 5-year pop. change: -3.9% — 781st highest in New York
> Population: 1,228 — 751st highest in New York

Mike LoCascio, CC BY-SA 3.0 , via Wikimedia Commons

2. Matinecock
> Median home value: $2 million+
> Homes worth at least $500,000: 97.7% — 16th highest in New York
> Median household income: $179,479 — 43rd highest in New York
> 5-year pop. change: +1.4% — 398th highest in New York
> Population: 824 — 867th highest in New York

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By LINYperson615 - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=106687466

1. Kings Point
> Median home value: $2 million+
> Homes worth at least $500,000: 95.9% — 30th highest in New York
> Median household income: $145,476 — 87th highest in New York
> 5-year pop. change: +3.0% — 329th highest in New York
> Population: 5,223 — 336th highest in New York

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