Real Estate

2 Hudson Valley ZIP Codes Among 100 Most Expensive In Country

A new study from PropertyShark ranked home prices in a pair of Hudson Valley neighborhoods as two of the priciest addresses in the U.S.

PropertyShark's annual ranking of the 100 priciest ZIP codes in the U.S. listed two Westchester County communities among the very highest priced.
PropertyShark's annual ranking of the 100 priciest ZIP codes in the U.S. listed two Westchester County communities among the very highest priced. (Jeff Edwards/Patch)

HUDSON VALLEY, NY — Rising interest rates have cooled the U.S. housing market overall and the Hudson Valley is no exception, but the priciest neighborhoods in the country can still be found right here.

There is no question that real estate in the Hudson Valley demands a steep price, but a just released study found two Hudson Valley ZIP codes were among the most expensive in the entire country.

PropertyShark's annual ranking of the 100 priciest ZIP codes in the U.S. listed two Westchester County communities among the very highest priced.

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The 10580 ZIP code in Rye is ranked 100 on the list, with a listed median sale price of $1.8 million. In 2022, the 10580 zip code in Rye was ranked 89 on the list, with a listed median sale price of $1.873 million. In 2021, the same zip code was ranked 72 on the list with a median sale price of $1.9 million.

The 10577 ZIP code in Purchase is ranked 64 with a median home sale price of $2.2 million. While Purchase did not make the top 100 list in 2022, it was ranked 88 in 2021, with a median home sale price of $1.7 million.

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In order to determine the most expensive ZIP codes, PropertyShark said that it considered all home transactions that were closed between set dates in January and October of last year. The full "100 Most Expensive U.S. Zip Codes in 2023" report can be found here.

Property Shark says they "calculated median sale prices based on closed home sales, not asking prices, as we consider this methodology to provide the most accurate picture of actual market dynamics. Whereas asking prices reflect sellers wishes, calculating medians based on sale prices reflects the transactional reality on the ground."

California claimed 79 of the most expensive ZIP codes in the country — the most of any state. New York had the second most with 22 ZIP codes making the list.

See Property Shark's full list of rankings and details about the methodology here.

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