The Hamptons is home to celebrities, hedge fund managers, CEOs, socialites, and politicians. Here's the median asking price of houses for sale there right now.
- The Hamptons is one of the most elite vacation destinations in America.
- Many rich celebrities, hedge fund managers, CEOs, socialites, and politicians own multi-million dollar summer homes in the Hamptons.
- The high volume of mansions in the Hamptons — and its waterfront locale — makes it one of the most expensive real estate markets in the US.
The Hamptons is the preeminent summer vacation destination in the tri-state area.
The Hamptons encompasses more than two dozen villages and hamlets on Long Island. While people live there year-round, it's the months between Memorial Day weekend and Labor Day weekend each year when visitors infuse the Hamptons with energy — and money.
The Hamptons is hallmarked by its countless famous and flush residents, including hedge fund managers, celebrities, CEOs, and socialites. Bill and Hillary Clinton have long vacationed on Georgica Beach in East Hampton. And Southampton even has its very own "Billionaire Lane" reserved for the rich and powerful.
Such prestige doesn't come cheap. At least seven towns in the Hamptons have a median home listing price of around $1 million. That means half the houses for sale in those places are priced under seven figures, and half are priced above. What's more, at least 11 towns have median home prices between $2.2 million to $5.6 million.
That's according to StreetEasy, which recently launched a new Hamptons platform, Out East, for sale and rental listings in the Hamptons. Out East provided Business Insider with a ranking of most expensive towns in the Hamptons based on median list price.
Below, we've featured the 21 towns in the Hamptons where the median list price is highest as of February 22, ranked from least expensive to most. Towns with fewer than 20 homes for sale were excluded from the list.
Hampton Bays
Homes listed: 109
Median list price: $799,000
Cutchogue (Nassau Point)
Homes listed: 21
Median list price: $949,000
Southold
Homes listed: 26
Median list price: $997,000
East Quogue
Homes listed: 95
Median list price: $1.15 million
Mattituck
Homes listed: 20
Median list price: $1.175 million
Shelter Island
Homes listed: 89
Median list price: $1.295 million
Westhampton
Homes listed: 80
Median list price: $1.297 million
Quiogue
Homes listed: 25
Median list price: $1.325 million
Remsenburg
Homes listed: 49
Median list price: $1.4 million
East Hampton
Homes listed: 795
Median list price: $1.995 million
Sag Harbor
Homes listed: 239
Median list price: $2.2 million
Shinnecock
Homes listed: 21
Median list price: $2.29 million
Southampton
Homes listed: 555
Median list price: $2.295 million
Montauk
Homes listed: 203
Median list price: $2.3 million
Wainscott
Homes listed: 78
Median list price: $2.495 million
Quogue
Homes listed: 102
Median list price: $2.57 million
Westhampton Beach
Homes listed: 165
Median list price: $2.6 million
Amagansett
Homes listed: 164
Median list price: $3.347 million
Water Mill
Homes listed: 231
Median list price: $4.295 million
Bridgehampton
Homes listed: 203
Median list price: $4.595 million
Sagaponack
Homes listed: 133
Median list price: $5.65 million
CLICK HERE TO READ FULL CONTENT
Brought to you by: RIDBAY | WEBSITE DESIGN & DIGITAL MARKETING
