The Most Expensive Zip Codes in Connecticut – Gold Coast Continues to Dominate

Quick facts:

  • Greenwich’s 06830 is the #1 most expensive zip code in Connecticut
  • 7 Connecticut zips feature medians above the $1 million mark
  • Fairfield’s 06824 saw the highest sales activity with 540 transactions
  • South Kent prices grew by a whopping 48%

Connecticut’s real estate market continued to perform modestly throughout 2017, although real estate indicators showed markedly more positive signs than during the year before. While 2016 saw prices dip, 2017 brought modest price gains, with December figures up 1% for single-family homes and 0.9% for condominiums, per the Connecticut Association of Realtors (CTR).

When it comes to Connecticut’s 50 most expensive zip codes, however, The Constitution State saw medians grow in 25 zips, while 5 zip codes maintained year-ago figures. Furthermore, 10 new zips made it into our top 50, and only one zip code – 06777 in New Preston Marble Dale – experienced double-digit price reductions. On the other end of the spectrum, 8 zip codes saw their medians grow by double-digit percentages.

Among them was Greenwich’s 06830, which saw its median sale price expand by 16%. Reaching a median of $1,597,500, this pricey zip rose from last year’s #2 to become the #1 most expensive zip code in Connecticut. In fact, 06830 is among the 100 most expensive zip codes nationwide, ranking 89th.

Greenwich was also the setting for Connecticut’s largest sale in 2017. Trading hands in late November, 9 Sabine Farm Road, Greenwich fetched $25,000,000 in zip 06831, the #8 most expensive in the state. The 19.5-acre farm was initially listed for $31.5 million by hedge fund billionaire Stanley Druckenmiller, after picking up the property for a reported $23 million back in 2004, per  Greenwich Time.

Built in 1910, the decadent estate was designed by famed architects Hunt & Hunt for publishing tycoon H. J. Fisher. The 12,200-square-foot mansion underwent significant upgrades and renovations during Druckenmiller’s ownership. The estate includes an 8-bed main house, a 3-bed guest cottage, pool, cabana, 4-car garage, a bevy of fireplaces, and meticulously landscaped grounds.

While Greenwich’s 06831 may have boasted the year’s priciest sale, the largest sales volume was registered in Fairfield’s 06824. Connecticut’s #14 most expensive zip closed 540 sales in 2017 with a $625,000 median sale price. Stamford’s 06902 was close behind with 513 sales, although at a noticeably lower median of $368,500.

With a median sale price of $1,575,000, Riverside’s 06878 ranks as the #2 most expensive zip in Connecticut, thanks to a whopping 37% price expansion. Ending the year as Connecticut’s #10 priciest zip, Southport’s 06890 also saw a major gain in its median sale price, expanding by 23%. At a jaw-dropping 48% appreciation in median sale price, South Kent’s 06785 emerged as the #1 fastest rising zip code in Connecticut in 2017.

Due to a modest 2% median price growth, 06870 in Old Greenwich slid from 2016’s #1 spot to become the #3 most expensive zip code in Connecticut with a median of $1,450,000 and 91 sales. Comparatively, 06870 ranked as the #77th priciest zip code in the U.S. in 2016.

Check out Connecticut’s top 50 most expensive zip codes below:

RankZip CodeLocationNumber of transactionsMedian Sale Price 2017Median Sale Price 2016
106830Greenwich 229$1,597,500$1,375,000
206878Riverside 82$1,575,000$1,152,500
306870Old Greenwich 91$1,450,000$1,417,000
406820Darien 320$1,330,000$1,250,000
506840New Canaan 289$1,260,000$1,310,000
606853Norwalk 99$1,200,000$1,162,500
706880Westport 471$1,130,000$1,132,500
806831Greenwich 169$985,000$881,000
906807Cos Cob 86$915,000$975,000
1006890Southport 89$800,000$650,000
1106883Weston 163$765,000$760,000
1206897Wilton 244$675,000$720,000
1306903Stamford 183$652,000$680,500
1406824Fairfield 540$625,000$613,750
1506785South Kent 5$620,000$420,000
1606877Ridgefield 426$595,000$590,000
1706612Easton 120$580,000$578,000
1806783Roxbury 36$540,000$470,000
1906896Redding 129$485,000$515,000
2006793Washington 24$465,000$510,000
2106752Bridgewater 28$460,000#N/A
2206905Stamford 255$459,000$450,000
2306426Essex 58$430,000#N/A
2306784Sherman 61$430,000$360,000
2406039Lakeville 28$422,500$370,000
2506855Norwalk 68$422,000$411,000
2606907Stamford 136$420,000$425,500
276825Fairfield 299$418,000#N/A
2806794Washington Depot 24$410,000$450,000
2906851Norwalk 376$385,000$385,000
3006443Madison 307$381,000$385,000
3106378Stonington 101$380,000$355,000
3106906Stamford 115$380,000$359,000
3206470Newtown 242$375,501$380,000
3306763Morris 21$375,000#N/A
3306525Woodbridge 106$375,000$360,000
3306073South Glastonbury 81$370,000$351,525
3306611Trumbull 480$370,000$351,000
3406902Stamford 513$368,500$360,000
3506777New Preston Marble Dale 35$365,000$557,500
3606092West Simsbury 64$354,950$359,900
3706475Old Saybrook 235$352,500$363,000
3806468Monroe 213$352,000$337,500
3906437Guilford 293$351,000$343,000
4006371Old Lyme 182$350,000$337,799
4106107West Hartford 333$349,000$349,000
4206060North Granby 40$347,500#N/A
4306068Salisbury 25$345,000$345,000
4406757Kent 16$342,500#N/A
4506804Brookfield 254$335,250#N/A
4606482Sandy Hook 169$333,000$345,000
4706850Norwalk 252$332,500$350,000
4806117West Hartford 256$329,950#N/A
4906477Orange 174$329,500$337,000

Methodology:  In order to determine which were the most expensive ZIP codes in Connecticut, we looked at all residential transactions closed in 2017, taking into account condo, co-op, single- and the two-family homes. All package deals were excluded.

Eliza Theiss

Eliza Theiss

Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. Eliza writes for both PropertyShark and CommercialEdge. Reach her at [email protected]

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