Sagaponack Ranks No. 2 in Annual List of Most Expensive ZIP Codes - 27 East

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Sagaponack Ranks No. 2 in Annual List of Most Expensive ZIP Codes

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COURTESY PROPERTYSHARK

COURTESY PROPERTYSHARK

authorStaff Writer on Nov 21, 2023

Sagaponack’s 11962 has again attained the No. 2 slot on PropertyShark’s annual ranking of the most expensive ZIP codes in the United States.

Sagaponack’s median home sales price in 2023 is $8,075,000, placing it not all that far behind the most expensive ZIP code nationally, 94027 in Atherton, California, where the median is $8,300,000. It is the first year that the two top ZIP codes had median homes sales priced in excess of $8,000,000, according to PropertyShark.

Sagaponack’s median sales price increased 40 percent from last year, when it was also No. 2 right behind Atherton.

Another local entry in the top 10 is Water Mill’s 11976, which tied for sixth place with 94970 in Stinson Beach at $4,500,000. Water Mill saw a 22 percent year-over-year increase, moving up from the No. 18 spot it held in 2022.

Sagaponack and Water Mill took the top two spots in New York State. Bridgehampton’s 11932 is No. 7 statewide with a median sales price of $2,900,000. Amagansett’s 11930 follows at No. 8 with $2,450,000, and Quogue’s 11959 ranks 9 with $2,410,000.

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