In our second annual Most Expensive Zip Codes Report , we at pulled every real estate listing advertised in the United States so far this year, 2.79 million of them, and sorted these properties by zip code. We then ranked these zips by median price, resulting in a list of the most expensive markets in the nation right now.
The most expensive zip codes in the United States are unsurprisingly located in already pricey regions of the country. Atherton ’s 94027, the most expensive zip code at a median of $8, 950, 000, is an upscale community located in the heart of Silicon Valley.
The nation’s second most expensive, 33109’s Fisher Island , Florida is an exclusive enclave off the coast of Miami with only a few hundred households. This zip has an average per capita income of over $2M , and a median housing price this year of $6, 400, 000.
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The zip code 11962 in Sagaponack (located in the Hamptons), is New York state’s most expensive zip code, and third priciest overall. Famous inhabitants of Sagaponack include Billy Joel, Lloyd Blankfein, Jimmy Fallon, Drew Barrymore, and others.
The nation’s 100 priciest zips are located in just 11 states, with 83% found within California and New York. (In fact, Fisher Island, FL was the only zip code outside of these two states to break the top 15 in our ranking.)
Similar to last year, Los Angeles remains the most exclusive city in the country. LA commands 8 of the top 100 most expensive zip codes, while nearby Newport Beach, CA has another 6 zips.
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Beverly Hills 90210 was LA’s top zip code (4th overall), followed by Bel Air 90077 (7th overall), and the Pacific Palisades 90272 (12th overall).
While home prices across all areas rose relative to 2020 values, certain zip codes saw tremendous growth this year. The strongest of which was 11954 in Montauk, New York , up 33.62% to a median of $2, 599, 000, followed by 11975 in Wainscott, New York , which was up 28.68% to $2, 995, 000.
This Most Expensive Zip Codes Report analyzed the most expensive zip codes in the United States using over 2.79 million for-sale listings drawn from the database during the period between January 1, 2021 and October 20, 2021. To produce the ranking, the median price for each zip code was calculated and sorted from most expensive to least.
The Most Expensive U.s. Zip Codes In 2022
The following building types were used to calculate median sales price: condo, co-op, house, multifamily, residential, townhouse, and triplex. Any listings classified purely as “land” were excluded from the study. Any listings with invalid zip codes, including single building zips located in New York City, were also excluded.The most expensive zip code in every state revealed: A Long Island, New York community is the richest in the nation - and Beverly Hills' famous 90210 ranks second
While wealth varies regionally in America – with much of it concentrated in the Northeast and on either coast – every state is home to an upscale neighborhood where the richest communities live.
A new report breaks out the richest zip code in every state in America, revealing that Sagaponack, New York – about 100 miles east of New York City on Long Island – is the most expensive zip code in the nation, according to analysis of 2018 data by GoBankingRates.
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It costs $853, 738 to live in this beach community with a population of just 324 residents and a median home price of $7 million.
To reach their findings, researchers analyzed housing costs, along with Bureau of Labor Statistics data on the local cost of transportation, utilities, groceries and health care in each location.
The famous 90210 zip code in Beverly Hills, California ranked second on the list, with a $692, 388 annual cost of living – thanks in large part to its median home price of roughly $5.5 million.
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In fifth place was the ski resort town of Aspen, Colorado, with a $380, 590 price tag, in part, due to the area’s nearly $3 million median home price.
Sea Island, Georgia ranked sixth on the list, with a $354, 366 annual cost of living. The coastal city has a median home price of $2.75 million – one of the highest in the study.
In seventh place was in Greenwich, Connecticut, a suburb of New York City that is home to many in the financial industry – which perhaps explains how they afford the $343, 126 annual cost of living in that zip code.
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Sullivans Island, South Carolina ranked ninth, with a $296, 354 cost of living. The community is on the cost just east of Charleston and has a median home price of $2.2 million.
This table ranks each state's most expensive zip code, along with the city where it's located and the amount of money needed to live in these upscale communities
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Map: Battery Park City Is The Country's Most Expensive Zip Code For Renters
Dmg media Contact us How to complain Leadership Team Advertise with us Contributors Terms Subscription Terms & Conditions Do not sell or share my personal information About MailOnline Cookie Settings Privacy policy & cookieshigh prices can go, it’s time to stop talking in generalities and get specific. In real estate terms, this means homing in on the five digits known as ZIP codes.
As “Beverly Hills, 90210” made all too clear, certain ZIP codes serve as glittery epicenters of wealth, with block-to-block megamansions that only the richest could fathom buying. And even if you’d never even think of settling down in such posh environs, it’s still fascinating to get a glimpse of where the richest 1% live—and what they pay.
So where are these hoity-toity enclaves hiding today? To find out, the data team at Realtor.com® sifted through our listings data to identify the most expensive ZIP codes in the nation in March, according to our most recent median list price data. (Each ZIP code had to have at least 15 active listings to make the cut. We limited our list to one ZIP code per state to ensure geographic diversity.)
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“All of these places have been expensive places for a number of years, ” says Frank Nothaft, chief economist at CoreLogic, a real estate data firm. However, “the red-hot housing market has pushed prices up even
Expensive ZIP codes tend to fall into one of two camps: They’re either prime, pretty pockets near big cities (think New York City or L.A.) where the wealthy like to own homes or resort communities where the ultrarich go to ski, play golf, or relax on the beach.
For an eye-opening look at where the rich and famous live today—and the price tags attached—check out our list of the most expensive ZIP codes of 2022.
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Located 25 miles south of San Francisco and mere minutes from Silicon Valley, Atherton is awash in tech money and notable residents, including Facebook Chief Operating Officer Sheryl Sandberg, former HP CEO and President Meg Whitman, financial executive Charles Schwab, and Golden State Warriors point guard Stephen Curry.
What truly sets this town apart in the San Francisco Bay Area is its zoning laws. Lots are permitted only for single-family homes—no row houses or high-rises allowed—with a minimum size of 1 acre. That’s downright huge for such a pricy area and all but guarantees that only the wealthiest can afford a home here.
Furthermore, no commercial zone exists within town limits, so there are no shops, restaurants, or Trader Joe’s disrupting the tranquility of Atherton’s tree-lined streets. With most homes featuring fences and security walls, each feels like its own gated community, separate from the rest of the world.
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Themselves to be that way, ” housing advocate Jordan Grimes explained in a recent Guardian article. “They aren’t literally a gated city, but they are metaphorically a gated one and they have done that by zoning. Many, many cities in the country do zoning in this way, but Atherton is what you could say the most successful.”
In fact, one listing this past year could break Bay Area records if it sells for its asking price of $100, 000, 000: a five-bedroom, five-bath compound that served as the summer retreat for the Fisher family, the founders of the Gap. Listed for the first time in 50 years, the estate encompasses a luxurious 8 acres with two homes, a pool, tennis court, and much more for anyone with deep enough pocketbooks. Only time will tell who that lucky buyer might be.
There’s a reason Sagaponack is the most expensive ZIP code on the East Coast. Located in the tony Hamptons, just a 2.5-hour drive (or much less by helicopter) to New York City, Sagaponack has still managed to maintain the aura of a quaint, picturesque beach town—just one with tons of money.
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Unsurprisingly, a number of celebrities, artists, and executives call (or have called) Sagaponack home. They include author Truman Capote, musician Billy Joel, former first daughter Caroline Kennedy, billionaire real estate developer Axel Stawski, and actress Drew Barrymore.
The most expensive home currently for sale here is an $18 million, eight-bedroom, 10.5-bathroom modern beach house
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