For those who’re considering where to buy a house and settle in, you shouldn’t solely think about the town and state. Components which can be important of their relation to homeowning, comparable to property taxes and faculty districts, function on a smaller, extra detailed degree than the city-level. Subsequently, looking for houses when it comes to ZIP code isn’t a horrible strategy as a result of housing costs can fluctuate considerably inside a metropolis based mostly on the ZIP code.
Learn on to search out out the most expensive ZIP codes in america in 2023 in addition to traits and themes these locations share.
The Most Costly ZIP Codes in America
Utilizing information from Zillow’s August 2023 home price index, we analyzed hundreds of ZIP codes throughout the U.S. in an effort to zero-in on the highest 100 most costly ZIP codes in America. As a part of our evaluation, we took into consideration the most recent month-to-month house values Zillow has — August 2023 — in addition to the typical of 12 months of median house values from September 2022 to August 2023, in an effort to acquire a fuller image.
Beneath are the 100 most costly ZIP codes within the U.S.
The ZIP code 94027 in Atherton has been the most costly ZIP code within the U.S. for a number of years working now. Whereas its median house worth for August 2023 was slightly below $7.5 million, again in June 2022, it reached a peak of over $8.21 million.
The second most costly ZIP code — 33109 — covers Fisher Island, a famously expensive a part of Miami Seashore, which may solely be reached by boat or plane, as there are not any bridges. Not surprisingly, Fisher Island can also be the richest city in Florida.
The third most costly ZIP code is a traditional: Beverly Hills, 90210. Like Atherton’s 94027, house values in ZIP code 90210 peaked in June 2022, at almost $5.89 million. Its 12-month common house worth of roughly $5.36 million is fairly near the median house worth of August 2023, $5.34 million.
Patterns Among the many Most Costly ZIP Codes within the U.S.
Probably the most apparent patterns to emerge from the highest 100 most costly ZIP codes is the quantity of ZIP codes situated in California: 61 out of 100 ZIP codes. New York state is available in a distant second, with 12 of the most costly ZIP codes. And, in a distant third, is New Jersey, which is house to 4 of the most costly ZIP codes.
Three of New York state’s most costly ZIP codes — 10013, 10007, and 10012 — are situated in southern Manhattan, whereas the opposite 9 most costly ZIP codes are within the Hamptons or Lengthy Island usually. In California, the most costly ZIP codes are distributed pretty evenly between the San Francisco Bay Space, Silicon Valley, the Los Angeles metro space, whereas a few ZIP codes lay within the San Diego metro area.