From PropertyShark.com:
PropertyShark has been tracking the most expensive U.S. zip codes for years, analyzing nationwide residential transactions to provide the most accurate snapshot of the nation’s most expensive markets. In order to create the most accurate benchmark, year-to-date residential sales were analyzed to determine the median sale price of each zip code. Due to a large number of ties in medians, 125 zip codes made the list as the 100 most expensive.
Calculating medians based on sale prices rather than asking prices more accurately reflects the reality on the ground in the country’s most cutthroat markets – where low supply pairs with high demand, often pushing sale prices above the initial asking figures. It also ensures that ultra-luxury properties – which generally spend extended periods of time on the market and often sell with notable price cuts – don’t skew the numbers away from what the market is actually willing to pay.
Key Takeaways
- At $7 million, Atherton’s 94027 is the #1 most expensive zip code for the third year in a row.
- San Francisco boasts 13 of the nation’s priciest zip codes, the highest number in any city.
- California remains unchallenged in its leading position, featuring 91 zips in our top 100.
- Los Angeles County is the most expensive among counties, contributing 21 of the priciest zips in the U.S.
- The Bay Area is still the most exclusive metro, originating 51 of the country’s top zip codes.
- Brooklyn breaks into the top 100 for the first time with Red Hook & Carroll Gardens zip
- Nationally, 14 zip codes posted median sales prices above the $3 million mark.
- The priciest 100 zip codes are located in 11 states.
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