California Dominates List of Costliest ZIP Codes
LOS ANGELES – California holds seven out of the top ten spots in PropertyShark’s annual ranking of the most expensive ZIP codes in the United States. Atherton, California, in San Mateo County, leads the list for the eighth consecutive year, with a staggering median home price of $7.9 million.
Top 10 Most Expensive ZIP Codes
According to PropertyShark, the Golden State’s concentration of luxury real estate, particularly in Los Angeles, Santa Clara, and Orange counties, drives its prevalence in the ranking. Here’s a look at the top 10:
- Atherton, CA (94027): $7.9 million
- Sagaponack, NY (11962): $5.9 million
- Water Mill, NY (11976): $5.8 million
- Miami Beach, FL (33109): $5.7 million
- Santa Barbara, CA (93108): $5 million
- Newport Beach, CA (92661): $4.76 million
- Newport Beach, CA (92657): $4.72 million
- Newport Beach, CA (92662): $4.6 million
- Rancho Santa Fe, CA (92067): $4.5 million
- Santa Monica, CA (90402): $4.4 million
Rising Real Estate Prices Nationwide
In 2024, 67% of the top 100 most expensive ZIP codes saw an increase in median sales prices. California’s real estate remains among the nation’s priciest, with significant appreciation in key luxury areas across Los Angeles and Orange County.
High-End Markets in Los Angeles
In Los Angeles County, the Pacific Palisades area (ZIP code 90272) tops the list, with a median price of $3.15 million, followed by Bel Air and Brentwood. These findings highlight the resilience and exclusivity of California’s luxury property market.