Real Estate Confab: Five Years Forward — Hamptons Real Estate Leaders Predict What’s Next

The Hamptons isn’t content to sit still. It used to be known as the ultimate summer playground, but these days, the East End hums with year-round energy. The beach crowds linger into fall, shops stay open deep into winter, and everywhere you look, luxury, lifestyle, and a strong sense of community are rewriting the story of this stretch of Long Island.

How people buy and sell homes is changing, too, thanks to ever-evolving tech. And with each new generation — families arriving with their own priorities, tastes, and expectations — the definition of “Hamptons living” keeps shifting.

We turned to some of the East End’s top brokers and agents and gave them a simple question: Forget the headlines for a moment and picture us all sitting together at a table five years from now. What looks different? How does buying, selling, or just being part of the community evolve?

Bess Freedman, CEO | Brown Harris Stevens

Hamptons Real Estate
Bess Freedman, CEO | Brown Harris Stevens

Artificial intelligence is completely changing how people buy and sell homes, from search to signing and beyond. People have more information at their fingertips than ever before — the challenge is determining if that information is good or useful. People are already relying on AI for housing comps, but they are surprised to find out that the results are often unreliable because they don’t take into account renovations, combinations, and other important factors. This is where a good agent with local knowledge is invaluable! The Hamptons will continue to be one of the most desirable markets in the world, and I believe it will attract more year-round residents because the way we live and work has shifted so much in the last five years. Oceanfront living will never go out of style.

Greg Schmidt, The Corcoran Group

Hamptons Real Estate
Greg Schmidt, The Corcoran Group

Five years from now, I expect Hamptons homes to be even more technology-driven, with smart home features becoming less of a luxury and more of a standard. Integrated systems that seamlessly control lighting, sound, climate, window treatments, security, and energy usage will continue to evolve, making homes more efficient, convenient, and personalized than ever before. At the same time, wellness will remain a major focus for homeowners. Dedicated spaces for fitness, yoga, meditation, and amenities such as cold plunge pools, saunas, and spa-inspired retreats will increasingly be viewed as essential rather than optional.

Sustainability will also play a much larger role in home design and construction. We’ll likely see greater demand for energy-efficient homes that incorporate solar power, battery storage, sustainable building materials, water conservation systems, and other environmentally conscious features. Buyers are becoming more mindful of both their environmental footprint and long-term operating costs, and those priorities will continue to shape the market.

The connection between indoor and outdoor living will only become more important. Bright, open interiors that flow onto patios, pool areas, gardens, and outdoor entertaining spaces will remain highly sought after, reflecting the lifestyle that draws so many people to the East End in the first place. The beaches, bays, farms, trails, and natural beauty of the Hamptons will continue to be among its greatest assets.

I also believe we’ll see the Hamptons increasingly evolve from a seasonal destination into a true year-round community. With more people working flexibly and choosing quality of life over proximity to an office, many homeowners will make the East End their primary residence, traveling into New York City only when needed. As demand continues to grow, particularly among affluent buyers seeking both luxury and a great lifestyle, values should remain well supported in a market where land and inventory are already limited commodities.

Michaela Keszler, Sotheby’s International Realty

Michaela Keszler. Courtesy of Sotheby’s International Realty
Expect higher prices, low inventory, and a shift in buyers. A growing number of affluent, national and international buyers seeking second homes in the ultra-high-end luxury market. Younger buyers looking for sustainability and technology.

The Hamptons unique blend of natural beauty, recreational activities, and the social scene continues to attract new high-end buyers, reinforcing its status as a prime real estate destination.

Sheri Winter Parker, The Corcoran Group

Sheri Winter Parker, The Corcoran Group
My take, looking five years out: I think the biggest shift will be that the North Fork finally stops being the Hamptons quieter option and continues to come into its own as a destination market — buyers who used to comparison-shop against the Hudson Valley or Connecticut are already landing here instead of just passing through, and that pull will only intensify. We’re also seeing billionaire buyers of the South Fork and elsewhere choose the authenticity of the North Fork, and I expect that trend to continue rather than fade.

Re: selling, inventory’s been tight for years — still running well below the decade average even with prices climbing — and honestly, I don’t think that changes much without some real movement on zoning or subdivision policy. But here’s the good bit: buyer behavior has already gotten so much smarter. The panic is gone, and what’s replaced it is a savvier, more grounded buyer — people reading comps, asking about the roof and furnace age, not just thinking about resale before they even make an offer; they are actually realizing that this is where they will create memories as well. Five years from now, I think that’s just going to be the standard, which honestly makes for a healthier market overall — anything overpriced sits a little longer, but they always find a buyer!

I think the biggest surprise will be how a place that markets itself on scarcity and authenticity ends up needing the very density and infrastructure it’s resisted — hotels, staff housing. Median home prices can keep sliding even while the North Fork feels more expensive than ever, because so much of the volume has shifted into that $1-2M middle tier rather than true luxury. It’s easy to underestimate how much a market can “feel” hot while the actual data shows fewer transactions and more selective, patient buyers than the frenzy we had during Covid or before the banking collapse.

All in all, keep your eye on the North Fork, people!

Kieran Brew, SERHANT

Hamptons Real Estate
Kieran Brew, SERHANT

“I wish I had bought five years ago!” Will be on the lips of every buyer in five years. Of course, that’s not a change, as that has always been the truth about Hamptons real estate, but it will be even more profound in 2031 (I can’t believe I just typed that number!). The Hamptons is not growing. In fact, it is actually shrinking. Preservation, stricter zoning, coastal erosion, and last but not least, growing demand, will all contribute to more and more scarcity of available property to purchase. As for sellers, it is always a good time to sell in the Hamptons, provided it suits your personal needs and preferences.

So, I guess like so many things, when it comes to life in the Hamptons, the more things change, the more they stay the same.

Randi Ball, The Agency

Hamptons Real Estate
Randi Ball, The Agency

As a full-time Amagansett resident for the past 17 years, I’ve had a front-row seat to the remarkable evolution of this community.

Five years from now, I believe we’ll continue to see an influx of wealth and growing demand for life in the Hamptons. What I’m witnessing today is a shift already underway: more families are making the East End their primary home, leaving places like Westchester and Connecticut behind in favor of a year-round lifestyle here.

As the permanent population grows, our towns will naturally evolve to meet those needs. I expect to see more shops, services, and amenities catering to full-time residents, transforming the Hamptons from a seasonal destination into an even more vibrant, year-round community while continuing to balance the unique character that makes this place so special.

Jack Pearson, Compass

Hamptons Real Estate
Jack Pearson, Compass

The Hamptons is a textbook K-shaped market now, and five years out I’d expect that shape to sharpen, not soften. The trophy tier ($10M+) stays the engine — record year-over-year growth up there already, driven by cash-rich buyers who are insulated from rates and treat these purchases more like collectibles than housing. That segment isn’t demand-elastic in any normal sense; it moves on wealth concentration, not affordability, and wealth concentration isn’t reversing on this timeline.

The sub-$3M tier stays vibrant for — scarcity, not affordability, is what’s driving it, since inventory under $4M is already vanishing. I’d bet that ceiling does creep toward $4M by 2031 as “entry level” gets redefined upward, but the segment stays active because it’s the only price band where the deal supply and the buyer pool are both still real.

The middle — roughly $4M to $10M — is the one to watch, because it’s got the worst of both worlds: no trophy scarcity to protect it, no entry-level urgency to fuel it. It’s the band most exposed if there’s any broader equity pullback, and I’d expect both the glut and the shrinking buyer pool to compound each other — sellers stuck between two more resilient tiers, buyers who can afford it increasingly choosing to stretch up rather than settle in the middle.

Elizabeth Capozzoli, Douglas Elliman

Hamptons Real Estate
Elizabeth Capozzoli, Douglas Elliman

Five years from now, I think the biggest change will be that buyers will expect even more than a beautiful home; they’ll be looking for a lifestyle that fits how they truly live. Flexible spaces for working remotely, energy-efficient features, smart home technology, and seamless indoor-outdoor living will become the norm rather than the exception. At the same time, the Hamptons will continue to evolve into more than just a seasonal destination. More people are choosing to make it their primary home because they value the sense of community, natural beauty, and quality of life that exist here year-round, while still affording easy access to New York City.

What I think will surprise people most is that, despite changes in technology and how homes are marketed, real estate will remain a relationship business. AI, virtual tours, and digital tools will make transactions more efficient, but they won’t replace local expertise, trusted guidance, and genuine connections. In a market as unique and nuanced as the Hamptons, understanding neighborhoods, pricing, and the people behind every transaction will always matter. That’s something I don’t see changing.

Ty Wenzel

Co-Publisher & Contributor

Ty Wenzel, a recent breast cancer survivor, started her career as a fashion coordinator for Bloomingdale’s followed by fashion editor for Cosmopolitan Magazine. She was also a writer for countless publications, including having published a memoir (St. Martin's Press) and written features for The New York Times. She is an award-winning writer and designer who covers lifestyle, real estate, architecture and interiors for James Lane Post. She previously worked as a writer and marketing director for The Independent. She has won multiple PCLI and NYPA awards for journalism, social media and design, including best website design and best magazine for James Lane Post, which she co-founded in 2020. Wenzel is also the founder of the Hamptons social media agency, TWM Luxury Solutions.

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