I’ve analyzed the extraordinary real estate landscape of New York using the Zillow Home Value Index, which reveals remarkable patterns of wealth concentration and investment potential across the state’s top neighborhoods. The data showcases a fascinating story of how specific locations have performed over 15 years.
What struck me most was the dichotomy between urban Manhattan properties and suburban/coastal retreats – while SoHo and Tribeca have actually seen negative growth in the past 5-10 years, waterfront communities in The Hamptons and Nassau County’s Gold Coast have experienced explosive appreciation, often exceeding 50% in just five years.
Suffolk County clearly dominates the ultra-luxury market with six of the top 10 spots, including the crown jewel – East Hampton Village at $5.36 million – while Nassau County offers the greatest concentration of high-value neighborhoods overall with 15 entries in our rankings.
25. East Hampton North
- 2025 Home Value: $1,905,502
- 2020 Home Value: $1,298,453
- 2015 Home Value: $1,063,725
- 2010 Home Value: $722,492
- % Change (2010–2025): 163.7%
- % Change (2015–2025): 79.1%
- % Change (2020–2025): 46.8%
East Hampton North’s remarkable 163.7% appreciation since 2010 makes it one of the strongest performing investments in the entire New York market, nearly tripling homeowner wealth in just 15 years. The neighborhood’s accelerating growth rate – from 79.1% over ten years to 46.8% in just the last five – suggests momentum is actually building rather than slowing down. Situated on the prestigious South Fork of Long Island, this community offers relative value compared to its even pricier neighbor, East Hampton Village, while still providing access to the same coveted amenities and beaches.
24. Great Neck Estates
- 2025 Home Value: $1,967,984
- 2020 Home Value: $1,477,358
- 2015 Home Value: $1,386,625
- 2010 Home Value: $1,211,924
- % Change (2010–2025): 62.4%
- % Change (2015–2025): 41.9%
- % Change (2020–2025): 33.2%
Great Neck Estates exhibits the financial stability typical of elite Nassau County enclaves, with its steady 62.4% appreciation since 2010 outpacing inflation by a significant margin while avoiding the volatility seen in trendier markets. The accelerated 33.2% growth over just the past five years signals increasing demand for this exclusive peninsula location. Nestled on the North Shore’s “Gold Coast” just 25 minutes from Manhattan, this incorporated village combines extraordinary convenience with stringent zoning that preserves both property values and quality of life.
23. Woodsburgh
- 2025 Home Value: $1,989,946
- 2020 Home Value: $1,296,740
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 53.5%
Woodsburgh’s stunning 53.5% appreciation in just five years places it among the top performers in the post-pandemic luxury market, with prices advancing at an average rate of 10.7% annually since 2020. The limited historical data suggests this may be an emerging luxury neighborhood where savvy investors are now recognizing untapped potential. This tiny enclave in Nassau County’s Five Towns region offers residents membership in the exclusive Woodmere Club along with proximity to both JFK Airport and Manhattan, making it especially attractive to affluent commuters seeking space and privacy.
22. Harbor Hills
- 2025 Home Value: $1,994,254
- 2020 Home Value: $1,542,515
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 29.3%
Harbor Hills demonstrates exceptional financial resilience by averaging nearly 6% annual appreciation since 2020, outperforming most traditional investment vehicles during a period of economic uncertainty. While its 29.3% five-year growth appears modest relative to some neighbors, this represents healthy, sustainable appreciation rather than speculative overheating. Located on the Great Neck peninsula with commanding views of Little Neck Bay and the Manhattan skyline, this waterfront community combines the exclusivity of an incorporated village with enviable access to both natural beauty and urban amenities.
21. Northwest Harbor
- 2025 Home Value: $2,014,276
- 2020 Home Value: $1,356,826
- 2015 Home Value: $1,198,776
- 2010 Home Value: $900,875
- % Change (2010–2025): 123.6%
- % Change (2015–2025): 68.0%
- % Change (2020–2025): 48.5%
Northwest Harbor represents a textbook example of compounding returns in real estate, delivering an exceptional 123.6% appreciation over 15 years that would have turned a $1 million investment into $2.24 million. The accelerating growth rate – from 68% over ten years to a remarkable 48.5% in just the last five – indicates this market is still gaining momentum rather than plateauing. This secluded Hamptons enclave sits on Gardiner’s Bay just north of East Hampton, offering waterfront luxury with slightly more privacy and value compared to its more famous neighbors to the south.
20. Kensington
- 2025 Home Value: $2,018,587
- 2020 Home Value: $1,499,436
- 2015 Home Value: $1,412,251
- 2010 Home Value: $1,158,634
- % Change (2010–2025): 74.2%
- % Change (2015–2025): 42.9%
- % Change (2020–2025): 34.6%
Kensington exhibits the financial strength typical of Great Neck peninsula’s luxury enclaves, with its 74.2% appreciation over 15 years significantly outperforming most traditional investment vehicles while avoiding the speculative volatility of trendier markets. The notable acceleration to 34.6% growth just since 2020 suggests increasing buyer recognition of this neighborhood’s value proposition. Sitting at the gateway to Great Neck’s “Gold Coast” with just a 30-minute train ride to Manhattan, this prestigious village offers the perfect balance of exclusivity, amenities, and accessibility that continues to attract affluent professionals.
19. Hewlett Neck
- 2025 Home Value: $2,139,589
- 2020 Home Value: $1,344,634
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 59.1%
Hewlett Neck’s explosive 59.1% appreciation in just five years translates to an average annual growth rate of 11.8% – a performance that would make most hedge fund managers envious. This rapid acceleration suggests a fundamental shift in market perception, with buyers increasingly willing to pay premium prices for this once-overlooked enclave. Located within Nassau County’s prestigious Five Towns area, this tiny waterfront peninsula between Hewlett Harbor and Woodsburgh offers exceptional privacy with just 129 homes total, creating the scarcity that continues to drive its remarkable price appreciation.
18. Hudson Yards
- 2025 Home Value: $2,148,203
- 2020 Home Value: $2,379,071
- 2015 Home Value: $2,113,304
- 2010 Home Value: $1,337,112
- % Change (2010–2025): 60.7%
- % Change (2015–2025): 1.7%
- % Change (2020–2025): -9.7%
Hudson Yards presents a fascinating investment case study, with its impressive 60.7% long-term appreciation since 2010 now giving way to a concerning 9.7% decline over the past five years – a period when most luxury markets surged. This post-pandemic correction suggests this heavily marketed development may have been initially overvalued and is now finding its true market equilibrium. Situated on Manhattan’s Far West Side, this massive mixed-use development represents the city’s newest neighborhood, combining ultra-luxury residences with high-end retail, dining, and cultural attractions in what remains a somewhat isolated location despite significant infrastructure investment.
17. Saddle Rock
- 2025 Home Value: $2,148,601
- 2020 Home Value: $1,715,332
- 2015 Home Value: $1,557,611
- 2010 Home Value: $1,360,021
- % Change (2010–2025): 58.0%
- % Change (2015–2025): 37.9%
- % Change (2020–2025): 25.3%
Saddle Rock demonstrates the remarkable financial stability characteristic of Great Neck’s established luxury communities, with its consistent 58% appreciation over 15 years providing steady returns without the volatility seen in more speculative markets. The 25.3% growth since 2020 represents a healthy 5% annual appreciation rate during a period of significant economic uncertainty. Located on a picturesque peninsula extending into Long Island Sound, this tiny village of under 900 residents offers waterfront luxury, privacy, and exclusivity within a convenient 35-minute commute to Manhattan.
16. Napeague
- 2025 Home Value: $2,171,465
- 2020 Home Value: N/A
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): N/A
Napeague’s emergence as a $2.17 million luxury neighborhood represents one of the market’s most intriguing development stories, with insufficient historical data suggesting either rapid recent appreciation or a previously uncaptured market now gaining recognition. This narrow isthmus has transformed from an overlooked strip between Amagansett and Montauk into a highly desirable location as Hamptons buyers push ever eastward seeking value and authenticity. Stretching between the Atlantic Ocean and Gardiner’s Bay with protected lands on both sides, this unique location offers the increasingly rare combination of natural beauty, privacy, and development restrictions that virtually guarantee continued appreciation.
15. Munsey Park
- 2025 Home Value: $2,245,887
- 2020 Home Value: $1,650,380
- 2015 Home Value: $1,476,360
- 2010 Home Value: $1,182,731
- % Change (2010–2025): 89.9%
- % Change (2015–2025): 52.1%
- % Change (2020–2025): 36.1%
Munsey Park’s impressive 89.9% appreciation since 2010 demonstrates why Nassau County’s established communities remain such compelling investments, nearly doubling homeowner wealth over 15 years while maintaining steady growth through varying economic conditions. The accelerating rate of appreciation – now 36.1% over just five years – indicates market recognition of this neighborhood’s exceptional value proposition is still growing. This meticulously planned community in Manhasset offers classic Tudor and Colonial homes on generous lots just 20 miles from Manhattan, creating the perfect balance of suburban tranquility and urban accessibility that consistently attracts affluent professionals.
14. Hewlett Bay Park
- 2025 Home Value: $2,571,030
- 2020 Home Value: $1,468,255
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 75.1%
Hewlett Bay Park’s extraordinary 75.1% appreciation in just five years translates to an annual growth rate of 15%, making it one of the market’s top performers and suggesting a fundamental revaluation of this previously under-recognized luxury enclave. The limited historical data indicates either a neighborhood rapidly ascending in prestige or one that was previously undervalued relative to comparable communities. Located in Nassau County’s exclusive Five Towns area, this waterfront community of fewer than 500 residents combines large estates on generous lots with exceptional privacy and proximity to both JFK Airport and Manhattan.
13. Plandome Manor
- 2025 Home Value: $2,623,143
- 2020 Home Value: $1,976,672
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 32.7%
Plandome Manor’s 32.7% appreciation since 2020 represents a healthy annual growth rate of 6.5%, outperforming most traditional investment vehicles while maintaining the steady appreciation that characterizes Nassau County’s most prestigious enclaves. The absence of longer-term data makes historical comparisons difficult, but current pricing suggests this community has long been among the region’s most valuable. Situated on the eastern shore of Manhasset Bay on Long Island’s North Shore, this exclusive village offers waterfront luxury, excellent schools, and convenient train access to Manhattan – the perfect combination for affluent commuters seeking both sophistication and serenity.
12. Old Brookville
- 2025 Home Value: $2,663,509
- 2020 Home Value: $1,745,795
- 2015 Home Value: $1,718,711
- 2010 Home Value: $1,585,706
- % Change (2010–2025): 68.0%
- % Change (2015–2025): 55.0%
- % Change (2020–2025): 52.6%
Old Brookville’s remarkable investment profile shows accelerating growth at each interval – from 68% over 15 years to 55% over 10 years to an impressive 52.6% in just the last five years – indicating steadily increasing market recognition and demand. This pattern of appreciation, with over three-quarters of its 15-year growth occurring since 2020, suggests this community may have been undervalued previously and is now rapidly catching up to its intrinsic worth. Located in the heart of Nassau County’s “Gold Coast,” this prestigious community offers multi-acre estates, equestrian facilities, and exceptional privacy within a convenient 45-minute drive to Manhattan.
11. Brookville
- 2025 Home Value: $2,682,671
- 2020 Home Value: $1,971,998
- 2015 Home Value: $1,929,899
- 2010 Home Value: $1,842,277
- % Change (2010–2025): 45.6%
- % Change (2015–2025): 39.0%
- % Change (2020–2025): 36.0%
Brookville’s financial trajectory demonstrates the power of compounding in luxury real estate, with its steady 45.6% appreciation since 2010 occurring at an accelerating pace that saw nearly 80% of its 15-year gains materialize in just the last five years. This pattern of appreciation, with values increasing by 36% since 2020 alone, suggests a fundamental market revaluation of this community’s extraordinary combination of attributes. Nestled in Nassau County’s prestigious “Gold Coast” and home to two university campuses, this leafy enclave offers multi-acre estates with exceptional privacy while still providing convenient access to Manhattan.
10. Centre Island
- 2025 Home Value: $2,693,246
- 2020 Home Value: $2,013,566
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 33.8%
Centre Island’s impressive 33.8% appreciation since 2020 represents a healthy annual growth rate of 6.8% during a period of significant economic uncertainty, highlighting the resilience and stability that characterize Nassau County’s most exclusive communities. While limited historical data prevents longer-term comparisons, the current $2.69 million average value reflects this location’s exceptional combination of attributes. Completely surrounded by Oyster Bay Harbor and Cold Spring Harbor, this island community of fewer than 200 homes offers unparalleled privacy, security, and waterfront access just 40 miles from Manhattan.
9. SoHo
- 2025 Home Value: $2,772,576
- 2020 Home Value: $2,934,684
- 2015 Home Value: $3,075,750
- 2010 Home Value: $2,110,990
- % Change (2010–2025): 31.3%
- % Change (2015–2025): -9.9%
- % Change (2020–2025): -5.5%
SoHo presents a cautionary tale for luxury investors, with its impressive 31.3% appreciation since 2010 masking a troubling decade-long decline that has accelerated since the pandemic, erasing nearly $303,000 in value since 2015. This pattern of deterioration, contrasting sharply with suburban and coastal areas that surged during the same period, suggests a structural shift in market preferences away from dense urban neighborhoods. This iconic Manhattan neighborhood, known globally for its cast-iron architecture and luxury shopping, continues to command premium prices despite its recent depreciation but may require several years to regain its previous peak valuation.
8. Matinecock
- 2025 Home Value: $2,845,459
- 2020 Home Value: $1,785,848
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 59.3%
Matinecock’s extraordinary 59.3% appreciation in just five years translates to an annual growth rate of 11.9% – a performance that would make most investment managers envious and suggests a fundamental market reassessment of this community’s intrinsic value. The absence of longer historical data prevents deeper trend analysis, but current pricing positions it firmly among the region’s elite neighborhoods. Located in Nassau County’s prestigious “Gold Coast” area, this historic village of fewer than 1,000 residents maintains strict five-acre minimum zoning that ensures privacy, exclusivity, and continued appreciation for its estate properties.
7. Plandome
- 2025 Home Value: $2,945,183
- 2020 Home Value: $2,101,227
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): 40.2%
Plandome’s impressive 40.2% appreciation since 2020 equates to an annual growth rate of 8% – significantly outperforming most traditional investment vehicles while maintaining the steady growth typical of Nassau County’s most prestigious communities. While limited historical data prevents longer-term analysis, the current $2.95 million average value confirms this neighborhood’s position among New York’s most exclusive enclaves. Occupying a peninsula extending into Manhasset Bay, this historic village combines waterfront luxury with excellent schools and convenient rail access to Manhattan, creating the perfect environment for affluent professionals seeking sophistication without sacrificing convenience.
6. Kings Point
- 2025 Home Value: $3,071,740
- 2020 Home Value: $2,217,569
- 2015 Home Value: $2,335,864
- 2010 Home Value: $2,295,954
- % Change (2010–2025): 33.8%
- % Change (2015–2025): 31.5%
- % Change (2020–2025): 38.5%
Kings Point demonstrates exceptional financial resilience, overcoming a decade of relative stagnation between 2010-2020 to deliver 38.5% appreciation in just the past five years – a dramatic acceleration that suggests renewed market recognition of this area’s extraordinary attributes. This remarkable recent performance, with virtually all of its 15-year gains occurring since 2020, positions it among the region’s strongest current performers. Located on the northernmost tip of Great Neck peninsula with waterfront access to both Long Island Sound and Manhasset Bay, this prestigious community offers magnificent estates, including the mansion that inspired “The Great Gatsby,” just 20 miles from Manhattan.
5. North Haven
- 2025 Home Value: $3,222,541
- 2020 Home Value: $2,047,355
- 2015 Home Value: $1,753,024
- 2010 Home Value: $1,399,962
- % Change (2010–2025): 130.2%
- % Change (2015–2025): 83.8%
- % Change (2020–2025): 57.4%
North Haven represents the gold standard for long-term luxury real estate investment, with its extraordinary 130.2% appreciation since 2010 more than doubling homeowner wealth while continuing to accelerate rather than plateau. The impressive 57.4% growth in just the past five years – equating to an annual rate of 11.5% – confirms this neighborhood remains in high demand even at current price points. This exclusive peninsula adjacent to Sag Harbor offers the perfect Hamptons combination – waterfront access, privacy on minimum one-acre lots, and proximity to upscale dining and shopping – all within a two-hour drive from Manhattan.
4. Tribeca
- 2025 Home Value: $3,362,868
- 2020 Home Value: $3,645,428
- 2015 Home Value: $3,966,947
- 2010 Home Value: $2,454,746
- % Change (2010–2025): 37.0%
- % Change (2015–2025): -15.2%
- % Change (2020–2025): -7.8%
Tribeca presents a complex investment story, with its solid 37% appreciation since 2010 masking a troubling decade-long decline that has erased over $600,000 in value from its 2015 peak. This sustained depreciation, accelerating after the pandemic when suburban and coastal areas surged, suggests a structural shift in luxury buyer preferences away from even the most prestigious urban neighborhoods. This former industrial area turned celebrity enclave remains Manhattan’s most expensive neighborhood despite its recent correction, with its spacious lofts, trendy restaurants, and excellent schools continuing to attract affluent buyers even at these adjusted price points.
3. Westhampton Dunes
- 2025 Home Value: $3,780,553
- 2020 Home Value: $2,335,441
- 2015 Home Value: $2,055,712
- 2010 Home Value: $1,707,860
- % Change (2010–2025): 121.4%
- % Change (2015–2025): 83.9%
- % Change (2020–2025): 61.9%
Westhampton Dunes exemplifies the extraordinary wealth-building potential of premium coastal property, delivering a remarkable 121.4% appreciation since 2010 that has generated over $2 million in new value for the average homeowner. The accelerating growth rate – from 83.9% over ten years to an astonishing 61.9% in just the last five – suggests demand continues to outpace supply even at current price points. This exclusive barrier island community, rebuilt after devastating storms in the 1990s with strict building codes and environmental protections, offers direct oceanfront living with the perfect combination of natural beauty, exclusivity, and investment security.
2. Southampton Village
- 2025 Home Value: $3,848,854
- 2020 Home Value: N/A
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): N/A
Southampton Village’s current valuation of $3.85 million places it firmly at the pinnacle of New York’s luxury real estate market, commanding prices that reflect its unparalleled combination of prestige, amenities, and natural beauty. The absence of historical data in our dataset likely reflects the unique nature of this market rather than actual data gaps, as properties here often trade privately among ultra-high-net-worth individuals. This historic village, founded in 1640 and long established as the social center of the Hamptons, offers magnificent estates, pristine beaches, and world-class shopping and dining, all within a magnificent setting that continues to attract global wealth seeking both investment security and social cachet.
1. East Hampton Village
- 2025 Home Value: $5,365,955
- 2020 Home Value: N/A
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- % Change (2010–2025): N/A
- % Change (2015–2025): N/A
- % Change (2020–2025): N/A
East Hampton Village stands as New York’s ultimate luxury real estate market with an average value exceeding $5.36 million – a figure that understates the true upper echelon where oceanfront estates routinely command $50+ million. The absence of historical comparison data likely reflects the rarefied nature of this market rather than actual gaps, as many transactions here occur privately among the ultra-wealthy. This historic village, established in 1648 and renowned as the cultural heart of the Hamptons, offers the perfect triumvirate of investment security, social prestige, and natural beauty – with magnificent beaches, world-class dining, and strict architectural guidelines that preserve both character and value.