A Florida island just topped the nation’s luxury real estate list. Miami Beach’s Fisher Island (33109) reached a $9.5 million median sale price in 2025 — the first time Florida has taken the top spot.
The change comes as California keeps a wide lead overall, the Bay Area shrinks a bit, and the Northeast posts its weakest results in a decade.
Key points at a glance
- Fisher Island (FL 33109) is now #1 with a $9.5M median.
- Atherton, CA (94027) slipped to #2 at $8.33M after eight years at #1.
- Sagaponack, NY (11962) ranks #3 at $5.93M.
- 10 zip codes now sit above $5M, twice as many as last year.
- California accounts for 61% of the 100 priciest zips.
- Newport Beach, CA is the most expensive city overall, with all six of its residential zips in the top 100.
- Los Angeles ties Greenwich, CT as the #2 most expensive city by count (four zips each).
- The Bay Area still has the most high-value zips (32), but fewer than its pre-pandemic peak.
- New York State has 15 top-100 zips; only three are in NYC — the city’s weakest showing in a decade.
- The Hamptons remain New York’s anchor with nine Suffolk County zips (two in the top 10).
- Connecticut hits a record seven zips, passing Massachusetts for the first time.
- Leaders in New Jersey, Georgia, and Washington all top $4M.
- 15 states place zips in the top 100, mostly coastal or island areas.
How the 2025 rankings were built
PropertyShark’s top-100 list (10th year) uses closed sales from Jan. 1–Sept. 30, 2025 in disclosure states. Condo, co-op, and single-/two-family deals are included; multi-parcel sales are excluded. Zips needed at least five sales to qualify.
Prices are medians, rounded to the nearest $1,000. Year-over-year changes compare with 2024’s report. (Non-disclosure states like MT, TX, UT, WY are not counted.)
Top 10: Fisher Island ends Atherton’s long run
- Miami Beach, FL (33109) — $9,500,000
Up 65% year over year. Lowest sale $1.41M; highest $23.7M. - Atherton, CA (94027) — $8,333,000
Up 5%; highest sale $51.5M; lowest $3.2M. - Sagaponack, NY (11962) — $5,925,000
New York’s priciest zip for 10 straight years. - Newport Beach, CA (92661) — $5,721,000
Up 20%; city’s top enclave on the Balboa Peninsula. - Water Mill, NY (11976) — $5,500,000
Down 6% Y/Y but still far above pre-pandemic levels. - Santa Barbara, CA (93108) — $5,240,000 (Montecito)
Up 4%; steady gains over five years. - Stinson Beach, CA (94970) — $5,225,000
Up 38%; breaks $5M for the first time. - Newport Beach, CA (92657) — $5,188,000
Up ~10%; long run of growth continues. - Los Altos, CA (94022) — $5,100,000
First time above $5M. - Newport Beach, CA (92662) — $5,100,000
Balboa Island joins 92661 and 92657 in the top 10. - Rancho Santa Fe, CA (92067) — $4,995,000
Up 10%; fourth straight year in the top 10.
California: Newport Beach leads; LA strengthens; Bay Area shrinks a bit
- Newport Beach stands alone: all six residential zips rank in the top 100; three sit in the top 10 (92661, 92657, 92662).
- Los Angeles (90077) — $3.55M, up 25%, its best rank yet. Wildfires hurt 90272 (Pacific Palisades), down 20% to $2.53M.
- Metro LA places 29 zips in the top 100, close to the Bay Area’s footprint.
- Bay Area retains 32 top zips but keeps slipping from its 2019 peak (55).
- San Francisco now has one top-100 zip (94123) at $2.35M (tied #74).
New York Metro: NYC cools; the Hamptons hold; New Jersey climbs
- NYC has three top-100 zips (record low). TriBeCa (10013) leads at $3.7M (#20).
- Rye, NY (10580) sits at #92 with $2.16M.
- The Hamptons keep nine Suffolk County zips on the list, including #3 Sagaponack and #5 Water Mill.
- New Jersey records:
- Alpine (07620) — $4.35M, up 31%, tied with Beverly Hills (90210) at #13.
- Deal (07723) — $3.55M, up 20% (#22).
- Short Hills (07078) — $2.42M (#69).
- Avalon (08202) — $2.36M (#75).
- Stone Harbor (08247) — $2.55M (#57).
- Allenhurst (07711) — $2.15M (#93).
- Alpine (07620) — $4.35M, up 31%, tied with Beverly Hills (90210) at #13.
New England: Connecticut rises; New Hampshire passes Massachusetts’ peak
- Greenwich ties Los Angeles as the #2 most expensive city by count (four zips).
- Riverside (06878) — $2.75M (#43).
- Old Greenwich (06870) — $2.65M (#50).
- Greenwich 06831 — $2.54M (#58).
- Greenwich 06830 — $2.22M (#83).
- Riverside (06878) — $2.75M (#43).
- Connecticut places a record seven zips (also Darien #73 $2.36M; New Canaan #96 $2.09M; Norwalk #98 $2.06M).
- New Hampshire’s New Castle (03854) hits $2.65M — higher than Boston 02199 at $2.57M (#54).
- Massachusetts adds Nantucket (02554) $2.50M (#63), Chilmark (02535) $2.48M (#64), and Weston (02493) $2.39M (#72).
South Atlantic: Florida on top; Maryland steady; Georgia & South Carolina shine
- Gibson Island, MD (21056) — $3.15M (#32).
- Sullivan’s Island, SC (29482) — $3.95M (#18).
- Sea Island, GA (31561) — $4.2M (#15).
- Boca Grande, FL (33921) — $3.49M (#21).
- Fisher Island, FL (33109) leads the nation at $9.5M.
West & Hawaii: Records in AZ/NV; Washington tops $4M; Colorado & Hawaii under $3M
- Paradise Valley, AZ (85253) — record $3.5M (#23), seventh year as Arizona’s priciest zip.
- Lake Tahoe, NV returns with Glenbrook (89413) $3.4M and Crystal Bay (89402) $2.7M.
- Aspen, CO (81611) — $2.8M; Snowmass (81654) — $2.45M.
- Medina, WA (98039) — $4.15M (#16); Mercer Island (98040) — $2.31M (#78).
- Kilauea, HI (96754) — $2.5M (#62), on north-central Kauai.
What it all means
Luxury hot spots are spreading across 15 states, but the center of gravity still sits in coastal California — especially Newport Beach and Greater Los Angeles.
Florida’s surge, led by Fisher Island, marks a clear shift at the very top, while Connecticut gains and NYC pulls back. The Hamptons hold steady, and select mountain and island markets keep rising.
Top 10 Most Expensive Zip Codes in 2025
| Rank | Zip Code | Location | County | State | Median Sale Price (2025) |
| 1 | 33109 | Miami Beach (Fisher Island) | Miami-Dade | FL | $9,500,000 |
| 2 | 94027 | Atherton | San Mateo | CA | $8,333,000 |
| 3 | 11962 | Sagaponack | Suffolk | NY | $5,925,000 |
| 4 | 92661 | Newport Beach | Orange | CA | $5,721,000 |
| 5 | 11976 | Water Mill | Suffolk | NY | $5,500,000 |
| 6 | 93108 | Santa Barbara (Montecito) | Santa Barbara | CA | $5,240,000 |
| 7 | 94970 | Stinson Beach | Marin | CA | $5,225,000 |
| 8 | 92657 | Newport Beach | Orange | CA | $5,188,000 |
| 9 | 94022 | Los Altos | Santa Clara | CA | $5,100,000 |
| 9 | 92662 | Newport Beach | Orange | CA | $5,100,000 |
| 10 | 92067 | Rancho Santa Fe | San Diego | CA | $4,995,000 |
Highlights by Region
California: Still the Luxury Leader
| Area | Details |
| Newport Beach | Six residential zip codes in the top 100; three in the top 10. |
| Los Angeles (90077) | Median price $3.55M — up 25%, its best ranking ever. |
| Bay Area | Holds 32 top zip codes, down from 55 before the pandemic. |
| San Francisco (94123) | Only one top-100 zip left, at $2.35M (Rank #74). |
New York Metro: The Hamptons Hold Strong
| Location | Median Price | Rank | Notes |
| Sagaponack (11962) | $5.93M | #3 | New York’s priciest zip for 10 years straight. |
| Water Mill (11976) | $5.50M | #5 | Still far above pre-pandemic levels. |
| TriBeCa (10013) | $3.70M | #20 | New York City’s top zip. |
| Rye (10580) | $2.16M | #92 | Westchester County standout. |
Connecticut: Record Growth
| City / Town | Zip Code | Median Price | Rank |
| Greenwich | 06831 | $2.54M | #58 |
| Riverside | 06878 | $2.75M | #43 |
| Old Greenwich | 06870 | $2.65M | #50 |
| Darien | 06820 | $2.36M | #73 |
| Greenwich | 06830 | $2.22M | #83 |
| New Canaan | 06840 | $2.09M | #96 |
| Norwalk | 06853 | $2.06M | #98 |
Other Notable High-End Markets
| State / Area | Example Zip | Median Price | Rank / Notes |
| New Jersey | Alpine (07620) | $4.35M | #13, tied with Beverly Hills |
| Georgia | Sea Island (31561) | $4.2M | #15 |
| Washington | Medina (98039) | $4.15M | #16 |
| South Carolina | Sullivan’s Island (29482) | $3.95M | #18 |
| Maryland | Gibson Island (21056) | $3.15M | #32 |
| Arizona | Paradise Valley (85253) | $3.5M | #23 |
| Hawaii | Kilauea (96754) | $2.5M | #62 |
Ranks 22–43: America’s Elite Real Estate Markets
| Rank | Zip Code | Location | County | State | Median Sale Price (2025) |
|---|---|---|---|---|---|
| 22 | 07723 | Deal | Monmouth County | NJ | 3,550,000 |
| 23 | 94920 | Belvedere/Tiburon | Marin County | CA | 3,500,000 |
| 23 | 94528 | Diablo | Contra Costa County | CA | 3,500,000 |
| 23 | 85253 | Paradise Valley | Maricopa County | AZ | 3,500,000 |
| 23 | 93920 | Big Sur | Monterey County | CA | 3,500,000 |
| 24 | 33921 | Boca Grande | Lee County | FL | 3,491,000 |
| 25 | 94957 | Ross | Marin County | CA | 3,450,000 |
| 26 | 89413 | Glenbrook | Douglas County | NV | 3,400,000 |
| 27 | 90266 | Manhattan Beach | Los Angeles County | CA | 3,300,000 |
| 28 | 95030 | Los Gatos | Santa Clara County | CA | 3,200,000 |
| 29 | 10007 | New York City (Financial District) | New York County | NY | 3,188,000 |
| 30 | 92663 | Newport Beach | Orange County | CA | 3,185,000 |
| 31 | 90049 | Los Angeles (Brentwood) | Los Angeles County | CA | 3,165,000 |
| 32 | 21056 | Gibson Island | Anne Arundel County | MD | 3,150,000 |
| 33 | 92660 | Newport Beach | Orange County | CA | 3,102,000 |
| 34 | 94306 | Palo Alto | Santa Clara County | CA | 3,100,000 |
| 35 | 91108 | San Marino | Los Angeles County | CA | 3,000,000 |
| 36 | 11930 | Amagansett | Suffolk County | NY | 2,998,000 |
| 37 | 93921 | Carmel-by-the-Sea | Monterey County | CA | 2,948,000 |
| 38 | 94025 | Menlo Park | San Mateo County | CA | 2,888,000 |
| 39 | 11932 | Bridgehampton | Suffolk County | NY | 2,875,000 |
| 40 | 11568 | Old Westbury | Nassau County | NY | 2,864,000 |
| 41 | 94087 | Sunnyvale | Santa Clara County | CA | 2,803,000 |
| 42 | 94305 | Stanford | Santa Clara County | CA | 2,800,000 |
| 42 | 81611 | Aspen | Pitkin County | CO | 2,800,000 |
| 43 | 06878 | Greenwich | Fairfield County | CT | 2,753,000 |
Author Profile
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The writer is a real estate journalist specializing in all types of New York City properties, including luxury residences, commercial spaces, and homes.
He also writes humorous articles about real estate, investors, and realtors.
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