CA Home To Nation's Most Expensive ZIP Codes, Report Finds
CALIFORNIA — California is home to two-thirds of the nation's most expensive ZIP codes, including seven of the top 10, according to a new analysis. Real estate data firm PropertyShark crunched the latest numbers for this year, analyzing residential transactions that closed between Jan. 1 and Sept. 30, including condos, co-ops, single and two-family homes. Researchers then calculated median sale prices, rounded to the nearest $1,000, and ranked the top 100 priciest ZIP codes across the nation.Due to multiple ties, 121 ZIP codes made this year's list, with California accounting for a whopping 80 entries on the list. New York state was a distant second, with 19 ZIP codes rated among the most expensive. Among the seven California ZIP codes to crack the top 10, the ultrawealthy Bay Area town of Atherton maintained its title as the priciest ZIP code in the United States, despite a recent dip in sale prices."After three consecutive years of price gains pushed the billionaire enclave past the $8 million mark, Atherton logged a 5% downtick this year," PropertyShark writes. "That resulted in a $400,000 median sale price decrease that brought the San Mateo County community back to 2022 pricing levels. Still, 2024 was Atherton's eighth consecutive year at the top."The four counties with the highest concentration of pricy ZIP codes were all in California, led once again by Los Angeles County, with 18 appearing on this year's list. Santa Clara County was the runner-up with 16 ZIP codes on the list, followed by Orange County (11) and San Mateo County (9).Santa Barbara's 93108 ZIP code ranked fifth overall, posting a median sale price of just over $5 million in 2024. Three ZIP codes in Newport Beach ranked sixth through eighth, where median sale prices ranged from $4.65 million to $4.76 million.Here is PropertyShark's full list of the most expensive ZIP codes in the U.S. in 2024:The article CA Home To Nation's Most Expensive ZIP Codes, Report Finds appeared first on Across California, CA Patch.
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