Just a few months after NYC was crowned the most expensive city in the country and the most expensive U.S. city for a weekend getaway, a study was done to find the most expensive zip codes in the country and, well, you can probably guess where we’re headed.
RealtyHop released their fourth annual Most Expensive U.S. Zip Codes report, and New York ranked as the state with the second most expensive market in the nation. Yup, cue the eyeroll.
In order to conduct the study, the RealtyHop team pulled together every real estate listing advertised in the U.S. this year–all 3.64 million of them–and sorted these properties by zip code. The zip codes were then ranked by median price.
The study found that New York ranks as the state with the second most amount of expensive zip codes–18 of them–and NYC houses five of the most expensive zip codes (one less than last year).
The only Brooklyn zip code is 11231 (accounting for Carroll Gardens and Red Hook) where the median asking price is $2,175,000, 3.57% higher than last year. This zip code ranks behind two California ones–Atherton, California (median price $7,950,000) and Beverly Hills, California (median price $6,290,000).
The study reads:
New York City houses five of the most expensive zip codes this year, one less than in 2022, and three of the zip codes became cheaper. Zip code 10013, which covers parts of TriBeCa, Chinatown, and NoLita, decreased 9.7% in median list price. Real estate in 10012, which includes NoHo and SoHo, also softened, as the median asking price went down 4.86% year-over-year.
New York’s Sagaponack in the Hamptons (zip code 11962) currently ranks as the third most expensive zip code in the entire country, dropping one spot compared to last year with a median price of $5,900,000.
The 100 most expensive zip codes can be found in just twelve states, with 79% of them in New York and California.
But, on the bright side, at least New York City didn’t take the title of being the most expensive city in the country–that title went to Los Angeles for the fourth year in a row, which is home to seven of the country’s most expensive zip codes.
The full ranking can be found here.