Are we…perhaps…breaking the stigma that living in New York City costs a fortune? Actually, who are we kidding–probably not. But a new ranking of the 100 most expensive ZIP codes in the U.S. just dropped, and surprisingly, NYC didn’t dominate the list like we thought it would.
The report comes from PropertyShark’s annual 100 most expensive zip codes in the U.S. report; the only ranking of the country’s most expensive real estate based on actual closed-sale data, rather than sellers’ listing ambitions. And to our total surprise, NYC had its weakest showing in a decade.
According to the numbers, $2M was the minimum median sale price to make the top 100 this year. Now, if this were five years ago, fewer than 50 of the most exclusive zips would have reached that mark.
This year, however, a record 10 zip codes had median sale prices of over $5M–twice as many as last year–including New York’s Sagaponack (11962 – $5.9M) and Water Mill (11962 – $5.5M). Sagaponack once again anchored New York’s most expensive coastal corridor, marking 10 years as the state’s most exclusive zip.
Newport Beach, California was the only city with three top 10 entries and, year-over-year, the median price among these zips generally advanced at a modest to strong pace. The exception: Miami Beach’s Fisher Island, where rapid price increases marked the first time that the country’s #1 most expensive zip code wasn’t in California or New York.
In fact, New York remained the leading state for luxury housing but simultaneously showed its weakest presence in a decade, with just 15 zips ranking–and only three of those from NYC, a record low and a steep drop from 2019, when the city ranked ten zips in the top 100.
NYC’s three priciest zip codes were all concentrated Lower Manhattan, clustered around TriBeCa, SoHo, Noho, Little Italy, NoLiTa, and Hudson Square:
- 10013 – $3.7 million | #20 nationally
- 10007 – $3.1 million | #29 nationally
- 10012 – $2.6 million | #52 nationally
How The Most Expensive Zip Codes Were Determined
PropertyShark looked at registered residential transactions closed between January 1, 2025, and September 30, 2025, in disclosure states (non-disclosure states–such as Montana, Texas, Utah, and Wyoming–were excluded as no actual closed-sales data is available).
Condo, co-op, single-, and two-family home sales were taken into account, and only zip codes that registered a minimum of five residential transactions were considered. Due to several price ties, 120 zip codes actually made it onto the list.
Year-over-year comparisons were based on median sale prices determined for PropertyShark’s 2024 top 100 most expensive zip codes report. Median sale prices for both 2024 and 2025 were rounded to the nearest $1,000.
New York’s 15 Most Expensive Zip Codes In The U.S.
1. 11962 (Sagaponack) – $5.9 million | #3 nationally
2. 11976 (Water Mill) – $5.5 million | #5 nationally
3. 11975 (Wainscott) – $4.5 million | #12 nationally
4. 10013 (Lower Manhattan) – $3.7 million | #20 nationally
5. 10007 (Lower Manhattan) – $3.1 million | #29 nationally
6. 11930 (Amagansett) – $3.0 million | #36 nationally
7. 11932 (Bridgehampton) – $2.9 million | #39 nationally
8. 11568 (Old Westbury) – $2.9 million | #40 nationally
9. 11959 (Quogue) – $2.7 million | #46 nationally
10. 10012 (Lower Manhattan) – $2.6 million | #52 nationally
11. 06390 (Fishers Island) – $2.2 million | #85 nationally
12. 11963 (Sag Harbor) – $2.2 million | #90 nationally
13. 11968 (Southampton) – $2.2 million | #91 nationally
14. 10580 (Rye) – $2.2 million | #92 nationally
15. 11030 (Manhasset) – $2.0 million | #99 nationally