The Most Expensive Housing Zip Codes in the US

Hang on to your hat.

The winner is Atherton, a small town in Silicon Valley with just one zip code, with a median sale price (not asking price) of $4.95 million in 2017. But that’s down 8.8% from the even juicier $5.5 million in 2016.

It beat Sagaponack’s 11962 zip code. The community in the Hamptons had reigned supreme in the prior two years. But in 2017, it dropped to 15th place “mainly due to more sales recorded at lower price points, which slashed its median sale price in half,” to just $2.82 million, according to Yardi’s PropertyShark. That’s quite a step down from $5.5 million last year.

In second place is New York City’s 10013 zip code, which covers TriBeCa with its luxury condo developments. It came in with a median sales price of $4.1 million, up 7.7% from last year.

In third place is 33109 in Fisher Island, “a small, secluded island community” in Miami-Dade County, with a median sales price of $4.05 million, which is up nearly 20% from 2016.

By comparison, according to the National Association of  Realtors, the median existing-home price in the US in October was $247,000, which includes all these high-priced areas as well.

Median price means that half of the homes sold for more and half sold for less. The data is based on all residential transactions closed in 2017, including condo, co-ops, single-family, and two-family homes, according to PropertyShark. All package deals are excluded.

The cheapest, so to speak, of the top 10 zip codes has a median sale prices of $3 million. Five of the top 10 are in California, four in New York, and one in Florida.

Of the most expensive 110 zip codes in the table below, 77 are in California and 19 are in New York. These five states have two each on the list:

  • Connecticut
  • Florida
  • Washington
  • Massachusetts
  • New Jersey

And these four states have one zip code each on the list:

  • Colorado
  • Maryland
  • Hawaii
  • Nevada

San Francisco has nine zip codes in the top 110, the most of any city. But its most expensive zip code – 94118, with a median sale price of $1.9 million – ranks only in 42nd place. These types of averages can be a little confusing. The zip code covers a large area with a mix of small ultra-expensive, movie-star-studded areas around Lake Street and Presidio Heights and much less expensive but larger areas, such as part of the Richmond District.

Other cities of note:

  • New York City has seven zip codes in the top 110, two of which are ranked 2nd and 4th.
  • The city of Los Angeles has five zip codes in the top 110, with the most expensive ranking in 19th place.
  • Newport Beach (Orange County, CA) has four in the top 110, including one that occupies 12th place.

At the county level, Los Angeles County is in the top spot, with 18 zip codes in the top. Santa Clara County, one half of Silicon Valley, is in second place with 15 zip codes in the top. San Mateo County, the other half of Silicon Valley, has 10 zip codes.

Silicon Valley accounts for 25 zip codes in the top 110. And the entire Bay Area hogs 45 of the nation’s 110 most expensive zip codes. Here is the whole list (since several zip codes have the same median price and thus share a rank, this list shows the 100 highest median prices spread over 110 zip codes):

The Most Expensive Housing Zip Codes in the US

# Zip Location County   Median
1 94027 Atherton San Mateo County CA $4,950,000
2 10013 New York New York County NY $4,100,000
3 33109 Miami Beach Miami-Dade County FL $4,052,500
4 10007 New York New York County NY $3,988,683
5 90210 Beverly Hills Los Angeles County CA $3,850,000
6 90402 Santa Monica Los Angeles County CA $3,512,500
7 94301 Palo Alto Santa Clara County CA $3,300,000
8 94022 Los Altos Santa Clara County CA $3,200,000
9 11976 Water Mill Suffolk County NY $3,162,500
10 11975 Wainscott Suffolk County NY $3,000,000
11 94957 Ross Marin County CA $2,987,500
12 92657 Newport Coast Orange County CA $2,950,000
13 94028 Portola Valley San Mateo County CA $2,895,000
14 94024 Los Altos Santa Clara County CA $2,875,000
15 11962 Sagaponack Suffolk County NY $2,819,000
16 92661 Newport Beach Orange County CA $2,800,000
17 10282 New York New York County NY $2,775,000
18 93108 Santa Barbara Santa Barbara County CA $2,757,500
19 90272 Los Angeles Los Angeles County CA $2,730,000
20 94528 Diablo Contra Costa County CA $2,618,750
21 94303 Palo Alto Santa Clara County CA $2,600,000
22 98039 Medina King County WA $2,590,000
23 92662 Newport Beach Orange County CA $2,575,000
24 10006 New York New York County NY $2,571,082
25 94920 Belvedere Marin County CA $2,550,000
26 11932 Bridgehampton Suffolk County NY $2,525,000
26 90265 Malibu Los Angeles County CA $2,525,000
27 94306 Palo Alto Santa Clara County CA $2,455,000
28 94010 Burlingame San Mateo County CA $2,400,000
29 95070 Saratoga Santa Clara County CA $2,320,000
30 90266 Manhattan Beach Los Angeles County CA $2,250,000
31 95030 Los Gatos Santa Clara County CA $2,211,250
32 92067 Rancho Santa Fe San Diego County CA $2,210,000
33 94305 Stanford Santa Clara County CA $2,200,000
34 10069 New York New York County NY $2,161,000
35 91108 San Marino Los Angeles County CA $2,150,000
36 92625 Corona Del Mar Orange County CA $2,100,000
37 81611 Aspen Pitkin County CO $2,094,000
38 90077 Los Angeles Los Angeles County CA $2,068,437
39 94025 Menlo Park San Mateo County CA $2,062,500
40 90212 Beverly Hills Los Angeles County CA $2,060,000
41 90049 Los Angeles Los Angeles County CA $1,960,000
42 94118 San Francisco San Francisco County CA $1,902,000
43 94104 San Francisco San Francisco County CA $1,860,500
44 89413 Glenbrook Douglas County NV $1,850,000
45 11568 Old Westbury Nassau County NY $1,812,500
46 10012 New York New York County NY $1,807,500
47 94123 San Francisco San Francisco County CA $1,800,000
48 10580 Rye Westchester County NY $1,790,000
49 11930 Amagansett Suffolk County NY $1,781,250
50 7620 Alpine Bergen County NJ $1,775,000
51 92651 Laguna Beach Orange County CA $1,765,000
52 94939 Larkspur Marin County CA $1,755,000
53 94087 Sunnyvale Santa Clara County CA $1,750,500
54 95014 Cupertino Santa Clara County CA $1,749,500
55 94041 Mountain View Santa Clara County CA $1,735,000
56 90291 Venice Los Angeles County CA $1,732,500
57 94402 San Mateo San Mateo County CA $1,712,500
57 90742 Sunset Beach Orange County CA $1,712,500
58 94062 Redwood City San Mateo County CA $1,699,500
59 92660 Newport Beach Orange County CA $1,685,000
60 94040 Mountain View Santa Clara County CA $1,665,500
61 93953 Pebble Beach Monterey County CA $1,652,500
62 94114 San Francisco San Francisco County CA $1,652,000
63 94970 Stinson Beach Marin County CA $1,650,000
64 91011 La Canada Flintridge Los Angeles County CA $1,642,500
65 95032 Los Gatos Santa Clara County CA $1,634,000
66 94070 San Carlos San Mateo County CA $1,625,000
67 33921 Boca Grande Lee County FL $1,605,000
68 93921 Carmel By The Sea Monterey County CA $1,600,000
68 11030 Manhasset Nassau County NY $1,600,000
68 94127 San Francisco San Francisco County CA $1,600,000
69 92663 Newport Beach Orange County CA $1,597,500
70 94904 Greenbrae Marin County CA $1,595,000
71 94002 Belmont San Mateo County CA $1,590,000
72 11024 Great Neck Nassau County NY $1,570,000
73 94133 San Francisco San Francisco County CA $1,565,000
74 94507 Alamo Contra Costa County CA $1,563,750
75 90274 Palos Verdes Penin. Los Angeles County CA $1,550,000
76 90254 Hermosa Beach Los Angeles County CA $1,538,500
77 90405 Santa Monica Los Angeles County CA $1,535,000
78 6878 Riverside Fairfield County CT $1,507,500
79 91008 Duarte Los Angeles County CA $1,500,000
79 91436 Encino Los Angeles County CA $1,500,000
79 94117 San Francisco San Francisco County CA $1,500,000
80 11765 Mill Neck Nassau County NY $1,486,848
81 94705 Berkeley Alameda County CA $1,475,000
81 02108 Boston Suffolk County MA $1,475,000
81 95129 San Jose Santa Clara County CA $1,475,000
82 94030 Millbrae San Mateo County CA $1,466,500
83 90036 Los Angeles Los Angeles County CA $1,465,000
84 90048 Los Angeles Los Angeles County CA $1,455,000
85 10024 New York New York County NY $1,454,000
86 11959 Quogue Suffolk County NY $1,452,500
87 21056 Gibson Island Anne Arundel County MD $1,450,000
88 94061 Redwood City San Mateo County CA $1,449,500
89 6830 Greenwich Fairfield County CT $1,445,000
90 96821 Honolulu Honolulu County HI $1,435,000
91 94563 Orinda Contra Costa County CA $1,430,000
92 92014 Del Mar San Diego County CA $1,425,000
92 11963 Sag Harbor Suffolk County NY $1,425,000
93 94707 Berkeley Alameda County CA $1,422,500
93 7078 Short Hills Essex County NJ $1,422,500
94 94121 San Francisco San Francisco County CA $1,412,000
95 92118 Coronado San Diego County CA $1,407,500
96 94115 San Francisco San Francisco County CA $1,397,500
97 2481 Wellesley Hills Norfolk County MA $1,390,000
98 95120 San Jose Santa Clara County CA $1,385,000
99 98004 Bellevue King County WA $1,380,000
100 94549 Lafayette Contra Costa County CA $1,374,500


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  56 comments for “The Most Expensive Housing Zip Codes in the US

  1. Petunia says:

    The Related Group, one of the biggest condo developers in south FL, is expanding into Dallas with apt rentals. Looks like they hit saturation point in south FL. Now everybody is headed to Texas.

    I happily didn’t make your list.

  2. Rates says:

    94118 is the Marina? I would have thought Russian Hill would be more expensive. I am pretty sure there are a number of 10 million dollar homes there. Heck even Zuckerberg has a place over there.

    • Wolf Richter says:

      Not the Marina. It’s Presidio Heights and Lake Street and south from there, so the other direction. Here is a map of 94118:

      Presidio Heights and Lake Street are super expensive.

      There are pockets on Russian Hill that are very expensive too. But again, zip codes are big, and 94109, which includes Russian Hill, also includes part of China Town and part of the Tenderloin, which is one of the edgier areas in SF.

      • Gee says:

        To give you an example…when I left 7th and Lake at the end of 2010, two bedroom flats, needing remodeling, were going for about 750k. As of last year, they were running about $1.7mil, even if not super-upgraded. The nice homes north of Lake and east of park presidio can easily hit 4-5mil. It was tough to leave, but that was my last chance to buy in. It’s game over now. Proles go home. Wheehhhhh

      • Rates says:

        I didn’t know that Tenderloin is packed in together with Russian Hill :) That’s hilarious talking about the microcosm of America with the richest and poorest in the same zip code.

        I would think the average would still be higher when it comes to Russian Hill right? The Inner Richmond would pull the median higher because there’s nothing there that’s as bad as the Tenderloin, but I am guessing when it comes to extreme prices, Russian Hill takes the cake, so the average would be higher.

        • Wolf Richter says:

          I get data by neighborhood, and you’re right, it looks very different than data by zip code. I might post it next time I get it (early Jan).

      • steelhead says:

        To say the Tenderloin is edgy is a complete understatement. LOL

        • Gibbon1 says:

          > Tenderloin

          One of the few places in the world where an down an out alcoholic that sleeps in doorways is on a first name basis with a billionaire.

        • Harambe says:

          “Nothing tender about that neighborhood. It’s rough. I have never seen crack smoked so casually before”
          -Dave Chappelle

      • Gibbon1 says:

        > 94118

        Personally I do not understand why anyone would pay such good money to live in the fog.

        Best place to live in SF is Dogpatch. (Don’t tell anyone)

  3. OutLookingIn says:

    As with all speculative bubbles, buyers are conflating rising price with store of value.

  4. Shennigans, San Francisco is not even 2 square miles and Calabasas, in LA county with a median home price of 1.4M is 13 sq miles. Size matters, redo.

  5. safe as milk says:

    i don’t give a lot of weight to these kinds of statistics. for example, i live in 10013 which is labeled as tribeca. my apartment doesn’t count because it’s a rental. the eastern part of 10013 is chinatown, where there is some serious poverty but again, it’s mostly rentals over there. chinatown is really resistant to gentrification. it’s very difficult if not impossible for non-chinese to rent there and i hope it stays that way.

    • Anonymous.1 says:

      ” it’s very difficult if not impossible for non-chinese to rent there and i hope it stays that way.”

      This is sad…. I respect your opinion, but sad.

      • Ricardo says:

        Vietnamese vs . Chinese turf wars in the early 90’s in SF Chinatown didn’t make the news, damn public safety. ?

  6. Nat says:

    I refuse to beleive 02108 isn’t on here. I just checked the listings there the other day and didn’t find an asking orice below 7 million.

    • Nat says:

      Oh wait there it is at 81 … seems kinda low considering but I guess if it is all of Suffolk county then it will have much cheeper listings then I was looking at (for shock value).

    • Wolf Richter says:

      Ha, I love that, “I refuse to believe…” And you’re correct in your refusal. For some reason, the first zero dropped off the zip code. So when you searched for it, you couldn’t find it. Now I glued that zero back on, and it’s right there in 81st position, with a lofty median price of $1.475 million.

      Thanks for refusing ;-]

  7. Pat says:

    The more people are willing to shell out the more we all have to pay.

  8. michael Engel says:

    The trick is to find the highest ratio of a zip code with the highest income divided by the lowest housing cost.
    I believe you can find one in New Mexico.
    In Ca, the house might be, for many people, the biggest asset, the most important investment.
    When your income is falling, but taxes keep rising, a big portion of your
    house, doesn’t belong to you anymore.
    In Ca it might be the case for many old people.
    They just hang on, not able to move, or change.

    • Anon1970 says:

      I will probably stay in my house in California for as long as I am physically able to do so. The capital gains tax (Federal and State) on a sale would be huge for me. I bought it before Proposition 13

      • But you have prop 13, and you can take that with you to a new house (ie your current assessed value). I believe that you don’t have cap gains either if you buy a new home.

        • Anon1970 says:

          Whatever happened to Woodside (zip code 94062) in San Mateo County? It ought to be right up there with Atherton.

        • Anon1970 says:

          You can take your basis to another address within the same county or to a few other counties that allow transfers of basis providing the new place has about the same value or less as the old one. The capital gains rules were changed in 1997.

          My comment on expensive zip codes posted to the wrong article.

  9. QQQBall says:

    Ahhhh – Cali has Prop 13

  10. Anon1970 says:

    “Live on Fisher Island, get buried in Palm Beach. That way, you’ll have the best of Florida.” from the movie “Birdcage”

    • John Gerty says:

      GoogleEarth indicated the maximum altitude on Fisher Island is 9 feet. Not a long term investment scenario.

  11. Raymond Johnson says:

    To my knowledge one cannot even buy in River Oaks in Houston Texas because no one there wants to sell. I am surprised it is not on the list.

  12. LAPilot says:

    Prices are down and falling year on year in many of those zip codes.

  13. Bobber says:

    Still trying to figure out what’s so great about California. Traffic, smog, and taxes. But if you read People magazine or have a strong desire to strike it rich in tech, maybe California is your style.

    • That’s our new marketing, we tell people things are bad here. We show scenes from The Grapes of Wrath where cops beat up the poor Oakies. The lines for everything are too long, the freeways too crowded. Try Phoenix, that’s our new tourist slogan.

  14. John Gerty says:

    Hmmmm, One of the #68’s, Carmel by the Sea in Monterey County has been moved to New York.

  15. alex in san jose AKA digital Detroit says:

    It’s amazing how many places I’ve lived or live now, are on that list.

    I don’t know if I’m doing this poor thing wrong or doing it really right.

    • Guido says:

      Agreed. I too was wondering how places considered unsafe just a few years ago have made it to the list. I am not talking about places like Venice that used to be drug haven before the concerted effort by the local govt to clean up the place and make it trendy. I am talking about places like Duarte. 15 years ago, walking about the town was fraught with problems because you could wander into neighboring Monrovia and get mugged. AFAIK, you lived there because you either came into property or worked nearby at Trader Joe’s hq or a Seebeyond Corporation, or at the cancer center.

      Recently, I was driving through Hurricane and St George in NV. They are building homes all over these tiny towns. Not only that, they are building them in the middle of nowhere an hour outside st. George. I wondered how much of this is easy fed policy money at work and why anybody would buy them except to retire or use them for Airbnb for the nearby national parks. May be I should jump in and wait for the tide to make me a millionaire too.

      • alex in san jose AKA digital Detroit says:

        I used to shoot smallbore rifle matches in Duarte, and I remember some kind of argument or fight breaking out in a nearby soccer field, and everyone wanting to stay away from the soccer field because there might be shooting (not at targets lol) I’m not sure if the rifle range is there any more.

        Southern California used to have drag strips, circle tracks, horse-riding stables, all kinds of “let’s have fun going fast/getting dirty” things because they were out on the fringes of the towns. Now it’s becoming one continuous tilework of towns. Keep the kids safe at home, on their Playstation or if they’re rich kids, they might be able to sail or surf a bit.

  16. John says:

    “Nothing in Biology Makes Sense Except in the Light of Evolution”

    It would be interesting to look at the movement of the richest zip codes in the past 200-300 years,starting with Jamestown and Mt Vernon.To explore opportunities open to us in troubled times ahead.

    In the ’20s Detroit was richer than NYC.Now housing in Detroit is within reach of a minimum wage worker,even if he works part time.

  17. Kevin says:

    California’s Prop 13 helps to skew these number considerably. Not only is there a huge impact on the capital gains tax due to the increase in sales price, but the costs associated with the mortgage and property taxes are huge.

    Under Prop 13 the amount that the property can be taxed is based on the last sale price. If you sell your property with plans to purchase another in the State your tax burden is going to increase.

    For example: You bought a house in Burbank 20 years ago. At the time you took out a $200,000 mortgage on your $240,000 purchase. You now decide to sell. You are currently paying a property taxes based on that $240,000 with a maximum increase allowed of 3%. You sell you property for $1,200,000 and buy a new place for the same amount. (Not an easy thing to do…) Even if you put all the equity into the new purchase, you new tax bill will be based on a $1.2 million property. With the increase in the tax rate your monthly property taxes would exceed your previous mortgage payment.

    • Neon says:

      Prop 13’s maximum property tax increase is 2% per year.

      • Kevin says:

        Yep. my fat fingered mistake.

        Still that just increases the disparity between an old vs. new purchase tax burden.

  18. Guido says:

    @wolf, do good schools correspond to higher prices or are some of these driven by easy money? I wonder how many climbed into the list recently and are driven by ‘I have arrived’ phenomenon. Unlike school district driven places, the ones driven by money usually have a networking angle behind them. Something along the lines of meeting the Zuck when he comes out to throw trash and somehow hands over the keys to a business unit, etc.

    • Wolf Richter says:

      There is a relationship between schools and home prices. It could be in either direction: good schools improve home prices; or high home prices lead to better schools (more money). But I don’t think schools are responsible for a $2-million median home price. There are other factors at work to get that.

  19. Neon says:

    One of the number 79s, 91008, is listed as Duarte. It really is Bradbury CA. Bradbury has no businesses or post office. Bradbury uses Duarte’s post office.

  20. Anon1970 says:

    Whatever happened to Woodside (zip code 94062) in San Mateo County? It ought to be right up there with Atherton.

  21. ALWAYS HIGH says:

    Newport Beach has 4 zip codes?

Comments are closed.