The price of a regular home in the United States increased significantly in 2020, to $265,000 from $235,000 in 2019 in economic uproar surrounding the COVID-19 pandemic; it was the highest annual increase since 2006.
While the typical home in America is promptly deserving over a quarter of a million dollars, there are various places across the country where most houses are worth several times than this, including 15 zip codes. The median home is worth more than $1 million.To determine the most expensive zip codes, i have presented the list of 15 Most Expensive Zip Codes in the US as of May,2021.
1. 94027 (Atherton, CA)
Atherton remains at the top for the most expensive zip code for the fourth year at 7 million dollars. The neighborhood is the unique Bay Area of California advocated by deep pockets, managers of Silicon Valley, investors, and top athletes.
2. 11962 (Sagaponack, NY)
Sagaponack, New York, has been ranked second for three years in a row, with a total value of $3.88 million. The society of Hampton was at the top position back in 2015, but it dethroned in 2016.
3. 90402 (Santa Monica, CA) and 90210 (Beverly Hills, CA)
Both Santa Monica and Beverly Hills of Canada secured the third position at 3.75 million dollars. For Santa Monica, this is the second consecutive year. However, the drop in value for Beverly Hills made it equal to Santa Monica.
4. 94957 (Ross, CA)
Ross secured the fourth position of being the most expensive zip code for a value of 3.61 million dollars. It had an 8% gain in the total value making it in the fourth position. It is attracting a growing number of high-profile sportspersons, celebrities, and Silicon Valley professionals.
5. 94028 (Portola Valley, CA)
Portola Valley is a town located in California and is ranked fifth position at 3.53 million dollars. It had an uprising value of 7%, thus making it below Ross. Just like 94957, it is attracting an increasing number of sportspersons, celebrities, and Silicon Valley executives.
6. 94022 (Los Altos, CA)
Los Altos of California is positioned at six at a value of 3.45 million dollars. This area includes parts of Los Altos Hills, and the average home price is $4.9 million.
7. 11932 (Bridgehampton, NY)
Bridgehampton is another exclusive of New York, coming at the seventh position at a value of 3.33 million dollars. It had an elevation of 30%, thus helping it achieve the seventh position.
8. 94301 (Palo Alto, CA)
Palo Alto is ranked eighth at the most expensive zip codes valued at 3.3 million dollars. Palo Alto is the most pricey college town in the US.
9. 98039 (Medina, WA)
Medina is at the ninth most expensive zip code. Its value is 3.23 million dollars. The average value has been uprising for five consecutive years and accommodates the well-known tech executives known as Bill and Melinda Gates.
10. 94024 (Los Altos, CA)
$3.2 million A neighbor of 94022 is at the tenth position at a value of 3.2 million dollars. The average home price is $2.8 million in this particular area.
11. 10007 (New York, NY)
New York holds the eleventh position at a value of 3.15 million dollars. The zip code 10007 once secured a higher rank at 3.99 million dollars but downfalls gradually. The area contains parts of Manhattan.
12. 94010 (Burlingame, CA)
Burlingame is a California city and is ranked twelfth among the expensive zip codes in the US. It is valued at 3.1 million dollars. Many notable people, including writers, actors, and actresses, athletes, have lived in this area. The average cost of a home is $2.4 million.
13. 10013 (New York, NY) (Value: $2.999 Million)
10013 is the neighboring zip code of 10007. It is holding the thirteenth position at 3 million dollars, but it was once at a higher rank just like its neighbor, but it sustained a 15% drop
14. 92657 (Newport Coast, CA) (Value: $2.998 Million)
Newport Coast remains at fourteenth at a value of 2.99 million dollars. Two notable people who lived here are Camille Levin and Savannah Levin. It is located in San Joaquin Hills above Crystal Cove State Park.
15. 94920 (Belvedere Tiburon, CA) (Value: $2.96 Million)
Belvedere Tiburon is valued at 2.96 million dollars at the fifteenth position. It is located in California, just a few miles to the north of the Golden Gate Bridge. It is well-known for its beautiful landscapes and recreational opportunities.
The most valuable zip codes in America tend to be grouped in certain areas. California is home to most zip codes These all rank among the most expensive housing markets because of the fine weather and access to high-paying jobs.
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