Ridgefield Zip Code Among State's Most Expensive in 2016: New Study

While prices for luxury homes may be dropping in Connecticut, the state remained one of the most affluent in the country in 2016, according to a study by Property Shark published last week.

The company found that while there was an overall decrease in sale prices for single-family homes and condominiums, seven of the state’s ZIP codes still registered median sale prices of more than $1 million. In a ranking of the state’s 50 most expensive ZIP codes, the top 16 are located in Fairfield County.

Greenwich’s 06870 and 06830 ZIP codes lead the rankings, followed by New Canaan’s 06840 and Darien’s 06820 ZIP codes. Warren’s 06777 ZIP code was the most expensive code outside of Fairfield County, ranking No. 17 overall.

Property Shark, a property research tool that provides reports and information to real estate professionals, investors and home buyers, looked at all residential real estate transactions closed in 2016. The data also takes into account condo, co-op, single and two-family homes. The company’s data has been recently featured by Time, Fortune and the Wall Street Journal.

The following is a list of the 50-most expensive ZIP codes in Connecticut. You can read more about the data by clicking here.

See also: Restaurant Worker Threatened Customer With Knife: PD; Kayaker Rescued; ICE Agents Posed As Cops: Officials: CT News

Image via Shutterstock