Log In   ·   Become A Member

Real Estate Website Deems Sagaponack Most Expensive ZIP Code In The U.S.

Nicole Barylski

Sagaponack was named the most expensive ZIP Code in the U.S. (Photo: Nicole Barylski)

Even though it saw a 35 percent drop in median sale prices, 11962 (A.K.A. Sagaponack) has once again taken home the title of most expensive ZIP code in the U.S., according to www.propertyshark.com. Sagaponack, which has a median sale price of $5,500,000, edged out Atherton, CA, whose median sale price is $5,425,000, for the impressive honor.

"The Hamptons and New York are fairly regularly at the top of these lists," noted Nancy Jorisch, Data Research Manager at Property Shark. "Sagaponack has been at the top last year and this year."

The list is based strictly on sales data, which is why 33462 (A.K.A. Manalapan, FL) - Forbes' most expensive ZIP code - doesn't even make the top 1,000. "Our rankings have been based on the actual sales price, while others may be looking at listing prices too," she explained. "I think the point really is the number of properties that have been in the Hamptons and consistently there as the very top ZIP codes based on sales prices - not just what's been listed, not how long it's been listed for, but the actual transactions."

"The bottom line is that these top, even 100 ZIP codes, are very expensive neighborhoods and primarily on the East and West Coast, which is fascinating," she shared. "In fact, I think out of the top 100, over 20 are in the State of New York."

Several other East End ZIP codes also broke the top 100. Water Mill's $2,600,000 median sale price earned 11976 the 16th spot. Wainscott (11975) took the 17 spot with a $2,510,000 median sale price. Shelter Island Heights (11965) made the list at 36 with a $1,900,000 median sale price. Amagansett (11930) came in at 50 with a $1,700,000 median sale price. Quogue's $1,516,620 median sale price earned 11959 the 66th spot and the final honoree was Bridgehampton (11932), which came in at 79 thanks to its $1,462,500 median sale price.

"The East End is well represented at the top of the most expensive ZIP codes of the country," Jorisch added.

Nicole is the Editor-in-Chief of Hamptons.com where she focuses on lifestyle, nightlife, and mixology. She grew up in the Hamptons and currently resides in Water Mill. www.hamptons.com NicoleBarylski NicoleBarylski

Be the first to comment on this article. (Just fill out the form below)

Submit Your Comment

Please note, you are not currently logged in. Your comment will be submitted as a guest.
To submit your comment as a member, please click here.
Your Name:
* Comments will be reviewed and posted in a timely fashion
* All fields are required
What color is the sky?
(For spam prevention, thanks)
Southrifty Drug 54 Jagger Lane, Southampton Village
Southrifty Drug is a small, neighborhood pharmacy with limited shelf space, and we have to be very selective about which over-the-counter items we carry. As a result you'll find a no nonsense concentration of very effective, high quality and useful products on our shelves. In this new section, we feature a number of these products that we feel are especially worthy of your consideration.

Burner Law Group, P.C.
Burner Law Group, P.C. are full service elder law attorneys concentrating in the areas of Estate Planning, Trust and Estate Administration and Litigation, Special Needs Planning, Guardianship and Elder Law. Offices in East Setauket‚ NY, Westhampton Beach, NY, and New York, NY.

New York Title Abstract Services, Inc.
We are a title insurance services company dedicated to promptly delivering fully compliant and accurate reports, and title insurance, for residential and commercial real estate throughout New York State. Headquartered in the Hamptons, our professional team has extensive real estate experience and understands the business from all sides including title insurance, legal, sales, governmental, banking, and lending regulations.

Aimee Fitzpatrick Martin, Licensed Associate Real Estate Broker
Considered a West of the Shinnecock Canal expert with a 5-star Zillow ranking, Aimee specializes in the luxury and waterfront markets in Quogue, Westhampton Beach, Remsenburg, East Quogue and Hampton Bays. With exceptional communication skills and a buttoned-up approach to every deal, she is highly skilled in the art of the negotiation process. Understanding the nuances of buying and selling waterfront homes, especially on Dune Road, is a specialty.