Atherton, California – located outside San Francisco in Silicon Valley and home to tech billionaires and venture capitalists – was the most expensive zip code in the country for the fifth year in a row, with a median home price of 7.5 million dollars. . According to the Census Bureau, the town is about 7,000 people, more than 70% white, entirely residential with 90% owner-occupied and no commercial space.
California is home to 70% of the most expensive housing market, with 37% in the Bay Area alone, the report found. But the county with the most zip codes on the list is Los Angeles County, with 21 zip codes in the top 100.
A zip code in Boston’s affluent Back Bay area is the second most expensive area in the US, with a median home price of $5.5 million, according to the report.
Other areas in the top 10 include Sagaponack, New York, in the Hamptons; the lands of Medina and Mercer Island in Washington; and in California, zip codes in Santa Barbara, Santa Monica as well as the famous 90210 zip codes of Beverly Hills.
The pandemic has sparked a number of reshuffles at the top of the list. A zip code in Miami, including the exclusive Fisher Island, has seen home prices increase 66% year-over-year and rise from 23rd place last year to fifth on the list. This is the highest ranking for Florida zip codes since 2017.
Meanwhile, the top zip list’s regular headquarters, New York City, didn’t make the top 20. Last year marked the first year that no zip code in the city broke into the top 10, with Big Apple even dropped in rank. continue down the list this year.
New York’s most expensive zip code – an area in Soho and Lower Manhattan – is the 22nd most expensive area in the country with an average sale price of $3.2 million. A zip code in TriBeCa comes in at number 25, with an average selling price of $3.1 million, according to the report.