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Tag: median sale price

  • Two Long Island hamlets among the top 5 priciest U.S. zip codes | Long Island Business News

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    The continued to dominate Long Island’s presence on the annual list of the 100  in the U.S. 

    Nine of the 11 Long Island locales that made the top 100 list are on the East End, with grabbing the third spot and at number five. Last year, Sagaponack was second and Water Mill was third. 

    Here are the Long Island zip codes and their median home sale prices on the 2025 top 100 list from .com: 

    #3 Sagaponack, $5.925 million  

    #5 Water Mill, $5.5 million  

    #12 Wainscott, $4.5 million  

    #36 Amagansett, $2.998 million 

    #39 Bridgehampton, $2.875 million  

    #40 Old Westbury, $2.864 million  

    #46 Quogue, $2.723 million 

    #85 Fishers Island, $2.213 million 

    #90 Sag Harbor, $2.185 million 

    #91 Southampton, $2.175 million 

    #99 Manhasset, $2.05 million 

    The top spot went to Fisher Island in Miami Beach with a median of $9.5 million, which knocked Atherton, Calif. ($8.333 million) to number two. 

    California again ruled the top of the priciest zip codes list with eight in the top 10. After Atherton, Newport Beach, Calif. had three zip codes in the top 10, with ($5.72 million) at #4, ($5.188 million) at #8 and ($5.1 million) tied with Los Altos, Calif. for #9; Santa Barbara, Calif. ($5.24 million) was #6; and Rancho Santa Fe, Calif. ($4.995 million) at #10. 

    This year, $2 million was the minimum to make the top 100, while five years ago, fewer than 50 of the most exclusive zip codes had reached that mark. For the first time, 10 zip codes had median sale prices of over $5 million.  

    To determine the most expensive zip codes in the U.S., Property Shark looked at residential transactions closed between Jan. 1, 2025, and Sept. 30, 2025, including condos; co-ops; and single- and two-family homes. Median sale prices were rounded to the nearest $1,000.   

    Only zip codes that registered a minimum of five residential transactions were considered. 


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    David Winzelberg

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  • Why Florida’s Retirees Are Fleeing — And Where They’re Going Instead

    Why Florida’s Retirees Are Fleeing — And Where They’re Going Instead

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    iStock / iStock.com

    Once considered the ideal place to live out one’s golden years, Florida is quickly losing favor with retirement-aged folks. Remote workers and the wealthy are flocking to the state and driving up home prices, leaving those on a fixed income feeling the pinch.

    Discover More: 7 Things You’ll Be Happy You Downgraded in Retirement

    For You: 3 Things You Must Do When Your Retirement Savings Reach $50,000

    In just half a decade, the median price of a single-family house in Florida rose $150,000, or 60%. According to Redfin, the average cost of a home in March 2018 was approximately $250,000. In July 2024, the median sale price was $409,700.

    But expensive housing isn’t the only thing repelling retirees from the state. Inflation and stock market dips have also negatively impacted their financial situation.

    In response, seniors are seeking more affordable places to call home. For example, many are moving to Limestone County, Alabama, the fastest-growing county in the state. The area boasts lakefront property, warm weather and low property taxes, so it only makes sense that it’s considered a substitute for The Sunshine State.

    Earning passive income doesn’t need to be difficult. You can start this week.

    What Should You Do?

    If you’re nearing retirement, you may want to choose a less traditional region to reside in post-work. Towns like Sequim, Washington; Linden, Michigan and Thermopolis, Wyoming offer perks like more affordable housing, favorable tax treatment and proximity to major metros.

    Trending Now: I’m a Retired Boomer: Here Are 3 Debts You Should Definitely Pay Off Before Retirement

    But no matter where you live, there are certain things you should do with your money. For example, you should continue to invest, set aside money for emergencies, maintain an up-to-date estate plan and stay (or become) debt-free. That way, your cash stretches further, and you feel more secure.

    More From GOBankingRates

    This article originally appeared on GOBankingRates.com: Why Florida’s Retirees Are Fleeing — And Where They’re Going Instead

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