Report: Long Island ZIP codes among priciest in U.S. for real estate
Homes in the Town of Southampton. Several ZIP codes in the town were ranked among the top 100 most expensive nationwide. Credit: Newsday/J. Conrad Williams Jr.
Several areas on the East End were among the Long Island locations making the cut for the 100 priciest ZIP codes in the United States in 2023, according to a recent report from a real estate marketplace website that charts the industry.
A ZIP code that includes Sagaponack and addresses with a median list price of $5.9 million came in third place, behind two in California’s Beverly Hills and Atherton, a small town in the state's Silicon Valley, said the report by RealtyHop. The two California ZIP codes had median housing prices of more than of $6 million.
Altogether, nearly 80% of the 100 most expensive ZIP codes were located in California and New York, the report said, which used more than 3 million sale listings from its database between Jan. 1 to Oct. 15 to help compile the list.
On Long Island, around 10 ZIP codes made the top 100 list, according to RealtyHop. With a median list price of $2.9 million, a ZIP code that includes Old Westbury was ranked at 39, while one that goes into Water Mill was ranked fifth and had a median list price of roughly $4.9 million.
In Southampton, a ZIP code going into Bridgehampton and another including Water Mill were among the Long Island ZIP codes that made the top 100.
But Ryan Murphy, public safety emergency management administrator for Southampton, said the area has more economic diversity than what is reflected on the list.
“Southampton has everything from the very, very, very wealthy to people that struggle day-by-day to, you know, make ends meet and put food on the table and provide for their families,” Murphy said in a phone interview.
Most don’t live in multi-million dollar homes, he said.
“And they're proud members of the community and they represent a good portion of the community as well,” Murphy added.
Education: Howard University
Tiffany Cusaac-Smith came to Newsday in 2023 after being a race and history reporter at USA TODAY, where she wrote enterprise and spot articles examining how the past shapes the present. Previously, she worked as the race and justice reporter at the USA TODAY Network of New York, covering issues such as criminal justice reform, housing, environmental justice, health care and politics. At The Journal News/lohud.com in Westchester County, she covered Yonkers, the state's third-largest city. She also worked at The Associated Press in Atlanta.
Honors and Awards: Criminal justice reporting fellowship with the National Press Foundation; New York News Publishers Association award for distinguished investigative reporting; Contributed reporting for Best of Gannett honor; Member of Table Stakes, a program funded by the Knight-Lenfest Local News Transformation Fund and managed by the American Press Institute to transform local news.
