Atherton, California — which sits outside San Francisco in Silicon Valley and is home to tech billionaires and venture capitalists — is the most expensive zip code in the country for the fifth year in a row, with a median home price of $7.5 million. , According to the Census Bureau, the city of about 7,000 people, of which more than 70% are white, is entirely residential with 90% owner-occupied homes and no commercial areas.
The report found that California has 70% of the priceless housing market, of which 37% are in the Bay Area alone. But the county with the most zip codes on the list was Los Angeles County, with 21 zip codes in the top 100.
According to the report, a zip code in the affluent Back Bay area of Boston was the second most expensive area in the US, with a median home price of $5.5 million.
Other regions in the top ten include Sagaponack, New York in the Hamptons; Medina and Mercer Island enclaves in Washington; and in California, zip codes in Santa Barbara, Santa Monica as well as the famous 90210 zip code of Beverly Hills.
The pandemic caused some reshuffling at the top of the list. One zip code in Miami that includes the exclusive Fisher Island saw a 66% jump in home prices year-over-year and jumped from number 23 last year to number five on the list. This is the highest ranking for Florida zip codes since 2017.
Meanwhile, New York City, a regular mainstay of the top zip code lists, didn’t make the top 20. No zip code in the city reached the top ten last year, while the Big Apple also fell. Further down the list this year.
New York’s most expensive zip code—an area of SoHo and Lower Manhattan—was the 22nd most expensive area in the country with a $3.2 million median selling price. According to the report, a zip code came in at number 25 in TriBeCa, with an average selling price of $3.1 million.