Best Luxury Markets in New York

Places at the top of the price range, where the median itself reflects a luxury market rather than a starter one.

What this list weighs: Median home price top-decile threshold, to be defined.

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9 places in New York

Listed alphabetically, not ranked -- we don't have a defensible scoring methodology to rank these against each other yet, so we won't pretend to.

East Hampton
Suffolk County (within the much larger Town of East Hampton)

Best fits retirees and luxury buyers genuinely drawn to East Hampton's iconic, historic celebrity-resort identity, its decisively elevated senior community, and its direct Atlantic Ocean beach access -- and families specifically valuing East Hampton High School's real, distinctive regional role as the East End's easternmost high school, serving Wainscott, Springs, Amagansett, and Montauk as well as the village itself.

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Lake George
Warren County · Median sale price (Lake George city): $452,755

Best fits outdoor-recreation enthusiasts and mountain-lovers drawn to Lake George's genuine Adirondacks-gateway lake and mountain access, luxury and second-home buyers who understand and accept the real, documented resort-market housing premium, and anyone specifically interested in Lake George's own real, distinctive Fort William Henry French and Indian War historic identity.

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Montauk
Suffolk County (an unincorporated hamlet within the Town of East Hampton)

Best fits outdoor-recreation enthusiasts, surfers and anglers, remote workers, and luxury buyers genuinely drawn to Montauk's distinctive 'The End'/easternmost-point identity, its real, decades-deep surf-and-fishing culture, and its genuinely more laid-back, less formal character relative to East Hampton's and Southampton's own more manicured village identities -- movers who want ocean-facing, unbuffered coastal exposure and are prepared to budget for New York's single most expensive homeowners-insurance ZIP code accordingly.

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New York City
Five coextensive counties, one per borough -- New York County (Manhattan), Kings County (Brooklyn), Queens County (Queens), Bronx County (The Bronx), and Richmond County (Staten Island) -- NOT a single consolidated city-county the way Philadelphia is

Best fits movers who specifically want genuine, unmatched global-city scale in finance, tech, culture, or academic medicine, who value car-optional living made practical by one of the largest transit systems in the world, and who take NYC's real, disclosed combined income-tax burden and its genuine, current housing-affordability crisis seriously enough to budget precisely and research a specific borough and neighborhood directly -- Manhattan's dense global core, Brooklyn's vast and varied neighborhood range, Queens' genuinely unmatched diversity, The Bronx's real revitalization alongside its honestly disclosed economic challenges, or Staten Island's distinctly car-dependent, more suburban character within the same city government.

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Rhinebeck
Dutchess County

Best fits retirees and luxury/affluent-small-town buyers genuinely drawn to Rhinebeck's real, historic Beekman Arms-anchored downtown, its top-ranked local school district, and its major annual events calendar, who have the budget for the village's genuinely elevated high-end housing segment and notably elevated property tax rate.

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Sag Harbor
Suffolk County (the incorporated village straddles the Town of Southampton and the Town of East Hampton)

Best fits retirees and small-town/luxury buyers genuinely drawn to Sag Harbor's real, distinct historic-whaling-port-and-literary identity (rather than a generic Hamptons resort facade), its decisively elevated senior community, and its bay-front setting straddling both East Hampton and Southampton -- and buyers specifically interested in the village's real, nationally significant Black beachfront-community history should research the Sag Harbor Hills/Azurest/Ninevah district directly.

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Saratoga Springs
Saratoga County

Best fits buyers with the budget for a genuinely affluent, internationally known small-city identity; Skidmore College-connected students, faculty, and staff; professionals working in or connected to the region's semiconductor and healthcare sectors; and anyone specifically drawn to Saratoga Springs' own genuine, dual thoroughbred-racing and mineral-spa heritage.

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Southampton
Suffolk County (within the much larger Town of Southampton)

Best fits retirees and luxury buyers genuinely drawn to Southampton's real historic-settlement identity (one of New York State's oldest English settlements), its decisively elevated senior community, and its genuinely more institutionally-anchored local economy -- particularly those who value direct, in-village access to Stony Brook Southampton Hospital's Level III trauma center and Stony Brook University's own Southampton campus, rather than relying on regional access the way nearby Sag Harbor and East Hampton residents do.

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White Plains
Westchester County

Best fits professionals and families who want genuine county-seat/corporate-hub amenities, direct Metro-North access to Manhattan, and no separate local income-tax layer, and who have the budget for the city's genuinely elevated property tax rate and its priciest downtown-adjacent neighborhoods.

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How to use this list

Every place above has its own full page with sourced housing, tax, and lifestyle data -- this list is a starting point for narrowing down where to look closer, not a final recommendation. Two places can both genuinely fit "best luxury markets" and still be very different from each other; read the individual pages before deciding.

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Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision. See each place's individual page for full source attribution.