Real Estate

NYC drops out of top 20 most expensive ZIP codes despite ‘skyrocketing’ rents

For the first time in its history, none of New York City’s ZIP codes ranked in the top 20 most expensive neighborhoods.

According to PropertyShark’s latest report, Manhattan is still having trouble bouncing back to pre-COVID levels, despite the city’s resurgence in the real estate market in the last few months.

Although NYC rental prices have skyrocketed in the months of October and November, it’s not quite enough to secure the leading spots for the priciest ZIP codes in America.

The state’s most expensive ZIP codes, however, were found in the Hamptons, with the Suffolk County towns of Sagaponack and Water Mill ranked in the top 15.

Manhattan came in 22nd with pricey locales in the 10013 ZIP code — which covers parts of the Tribeca, Soho, Little Italy and Hudson Square neighborhoods.

California takes the lead as the most priciest ZIP codes in the United States.
Visitors row in New York City’s Central Park recently. California took the lead for the priciest ZIP codes in the United States.
Getty Images

In the 25th spot, the 10007 ZIP code followed closely behind, and covers downtown Manhattan and other parts of Tribeca and Soho.

Most of the ZIP codes that ranked in the United States’ top 20 hail from the state of California, with San Mateo County (94027) taking the top spot.

But a close second is Boston, with the ZIP code 02199, with a median sale of $5.5 million.

Currently, Manhattan’s priciest ZIP code, 10013, averages $3.2 million, which is up 7% from last year.

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