Cities featuring the priciest properties in New York
Acquiring a residence is among the most significant ventures one can make. Beyond merely providing shelter, property ownership is a valuable commodity that can substantially appreciate. However, as real estate costs reach unprecedented levels, affordability is a crucial consideration for purchasers.
The average property valuation in the United States reached $360,385 in October, a 2.4% increase from the previous year.
Elevated mortgage interest rates are also leading to higher monthly expenses; as of November 14, the 30-year fixed mortgage rate stands at 6.78%.
Though property costs have surged nationally, particular cities demand a greater price. Factors such as location, size, age, and condition all influence property valuation.
Stacker has compiled a list of the cities with the priciest properties in New York utilizing information from Zillow. These cities are ranked according to the Zillow Home Values Index for all properties as of October 2024. The graphs in this article were produced automatically using Matplotlib.
All 30 cities listed are situated in the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.
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#30. Waccabuc
– Average property value: $1,391,186
– 1-year price adjustment: -0.9%
– 5-year price adjustment: +5.5%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#29. Bronxville
– Average property value: $1,468,416
– 1-year price adjustment: -5.4%
– 5-year price adjustment: +8.3%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#28. Larchmont
– Average property value: $1,541,403
– 1-year price adjustment: +4.7%
– 5-year price adjustment: +40.2%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#27. Huntington Bay
– Average property value: $1,559,062
– 1-year price adjustment: +4.8%
– 5-year price adjustment: +33.7%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#26. Armonk
– Average property value: $1,566,117
– 1-year price adjustment: +8.6%
– 5-year price adjustment: +30.1%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
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#25. Orient
– Average property value: $1,587,247
– 1-year price adjustment: +3.5%
– 5-year price adjustment: +58.8%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#24. Westhampton Beach
– Average property value: $1,599,988
– 1-year price adjustment: +5.9%
– 5-year price adjustment: +54.1%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#23. East Hills
– Average property value: $1,642,819
– 1-year price adjustment: +11.0%
– 5-year price adjustment: +47.8%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#22. Cold Spring Harbor
– Average property value: $1,664,192
– 1-year price adjustment: +4.1%
– 5-year price adjustment: +27.9%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#21. Asharoken
– Average property value: $1,707,749
– 1-year price adjustment: +3.2%
– 5-year price adjustment: +35.0%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
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#20. Remsenburg
– Average property value: $1,784,609
– 1-year price adjustment: +6.8%
– 5-year price adjustment: +62.1%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#19. Montauk
– Average property value: $1,892,435
– 1-year price adjustment: +4.5%
– 5-year price adjustment: +52.8%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#18. Lawrence
– Average property value: $1,936,766
– 1-year price adjustment: +11.3%
– 5-year price adjustment: +75.5%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#17. Manhasset
– Average property value: $2,001,564
– 1-year price adjustment: +7.5%
– 5-year price adjustment: +30.0%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#16. Purchase
– Average property value: $2,023,106
– 1-year price adjustment: +8.1%
– 5-year price adjustment: +39.1%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
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#15. Laurel Hollow
– Average property value: $2,061,185
– 1-year price adjustment: +10.0%
– 5-year price adjustment: +43.9%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#14. Sag Harbor
– Average property value: $2,072,914
– 1-year price adjustment: +4.1%
– 5-year price adjustment: +48.2%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#13. Oyster Bay Cove
– Average property value: $2,080,849
– 1-year price adjustment: +11.0%
– 5-year price adjustment: +49.3%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#12. Muttontown
– Average property value: $2,081,649
– 1-year price adjustment: +8.2%
– 5-year price adjustment: +33.7%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#11. Mill Neck
– Average property value: $2,146,713
– 1-year price adjustment: +9.6%
– 5-year price adjustment: +42.2%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
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#10. Lloyd Harbor
– Average property value: $2,221,064
– 1-year price adjustment: -1.7%
– 5-year price adjustment: +27.7%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#9. Upper Brookville
– Average property value: $2,294,178
– 1-year price adjustment: +11.7%
– 5-year price adjustment: +44.1%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#8. Old Westbury
– Average property value: $2,633,245
– 1-year price adjustment: +10.6%
– 5-year price adjustment: +46.5%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#7. Quogue
– Average property value: $2,794,921
– 1-year price adjustment: +4.3%
– 5-year price adjustment: +55.0%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#6. Sands Point
– Average property value: $3,001,722
– 1-year price adjustment: +7.1%
– 5-year price adjustment: +34.4%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
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#5. Amagansett
– Average property value: $3,102,867
– 1-year price adjustment: -1.5%
– 5-year price adjustment: +32.4%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#4. Wainscott
– Average property value: $3,869,403
– 1-year price adjustment: +0.0%
– 5-year price adjustment: +26.7%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#3. Bridgehampton
– Average property value: $4,100,688
– 1-year price adjustment: +6.6%
– 5-year price adjustment: +53.4%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#2. Water Mill
– Average property value: $4,354,991
– 1-year price adjustment: +6.9%
– 5-year price adjustment: +52.2%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
#1. Sagaponack
– Average property value: $6,678,803
– 1-year price adjustment: +9.5%
– 5-year price adjustment: +51.8%
– Metro region: New York-Newark-Jersey City, NY-NJ-PA
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By Stacker
