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Ranking the priciest zip codes in the US based on closed home sales

It’s December which means it’s time for our annual report on the 100 most expensive zip codes in the United States. We consider our report to be the most accurate benchmark of the country’s most exclusive areas as we are the only publisher who is analyzing closed sales prices and not asking prices. This allows us to avoid presenting inflated prices that are the result of luxury listings lingering longer on the market and which are frequently the subject of hefty price cuts. Conversely, in some highly competitive markets like Silicon Valley and San Francisco where bidding wars are the norm, average asking prices may be lower than what people end up paying to own a coveted piece of real estate.

Sagaponack’s 11962 loses its title as the priciest zip code, slides to 15th spot

After winning the title of most expensive zip code in the US two years in a row, Sagaponack’s 11962 lost to Atherton in 2017. The exclusive Hamptons community dropped all the way to 15th position, mainly due to more sales recorded at lower price points, which slashed its median sale price in half. In 2017, Sagaponack’s median sale price was $2,819,000, while the barrier for entry in the top 10 is $3 million.

Sagaponack was also outranked by two neighboring zip codes – 11976 in Water Mill and 11975 in Wainscott, which broke into the top 10 in 2017, each climbing 7 spots from last year and reshuffling the top 10 as the only new entries.

With Sagaponack out of the picture, the top 3 positions are now claimed by zip codes from three different states: California, New York, and Florida. The nation’s priciest zip codes feature very different housing markets: Atherton’s 94027 is the playground of the richest people in Silicon Valley, New York’s 10013 covers TriBeCa with its luxury condo developments, while 33109 in Fisher Island is a small, secluded island community.

California is the state with most zip codes in the list, San Francisco leads for cities

Just as it did last year, California claims the highest number of zip codes in the top – 77.  The Golden State is followed by New York, which features 19 zip codes in our ranking. Besides California, New York, and Florida, 8 other states managed to break into the top. Washington, Massachusetts, Connecticut, and New Jersey each have 2 zip codes featured while Colorado, Nevada, Maryland, and Hawaii rank with 1 zip code each.

At city level, San Francisco leads the way with 9 zip codes present in the top 100 – however, the highest-ranking San Francisco zip code, 94118, only comes in at no.42. Zooming out to county level, Los Angeles County wins, ranking with 18 zip codes. It is followed by Santa Clara with 15 zip codes, which is rather unsurprising given the sky high levels prices have reached in Silicon Valley. When adding San Mateo County to the mix, Silicon Valley has 25 zip codes in the top, while the entire Bay Area claims a total of 45 zip codes among the nation’s priciest.

Check out the complete breakdown in the table below and the ranking for 2016 here.

#Zip codeLocationCountyStateMedian sale price 2017
194027AthertonSan Mateo CountyCA $4,950,000
210013New YorkNew York CountyNY $4,100,000
333109Miami BeachMiami-Dade CountyFL $4,052,500
410007New YorkNew York CountyNY $3,988,683
590210Beverly HillsLos Angeles CountyCA $3,850,000
690402Santa MonicaLos Angeles CountyCA $3,512,500
794301Palo AltoSanta Clara CountyCA $3,300,000
894022Los AltosSanta Clara CountyCA $3,200,000
911976Water MillSuffolk CountyNY $3,162,500
1011975WainscottSuffolk CountyNY $3,000,000
1194957RossMarin CountyCA $2,987,500
1292657Newport CoastOrange CountyCA $2,950,000
1394028Portola ValleySan Mateo CountyCA $2,895,000
1494024Los AltosSanta Clara CountyCA $2,875,000
1511962SagaponackSuffolk CountyNY $2,819,000
1692661Newport BeachOrange CountyCA $2,800,000
1710282New YorkNew York CountyNY $2,775,000
1893108Santa BarbaraSanta Barbara CountyCA $2,757,500
1990272Los AngelesLos Angeles CountyCA $2,730,000
2094528DiabloContra Costa CountyCA $2,618,750
2194303Palo AltoSanta Clara CountyCA $2,600,000
2298039MedinaKing CountyWA $2,590,000
2392662Newport BeachOrange CountyCA $2,575,000
2410006New YorkNew York CountyNY $2,571,082
2594920BelvedereMarin CountyCA $2,550,000
2690265
Malibu
Los Angeles County
CA
$2,525,000
2611932BridgehamptonSuffolk CountyNY$2,525,000
2794306Palo AltoSanta Clara CountyCA $2,455,000
2894010BurlingameSan Mateo CountyCA $2,400,000
2995070SaratogaSanta Clara CountyCA $2,320,000
3090266Manhattan BeachLos Angeles CountyCA $2,250,000
3195030Los GatosSanta Clara CountyCA $2,211,250
3292067Rancho Santa FeSan Diego CountyCA $2,210,000
3394305StanfordSanta Clara CountyCA $2,200,000
3410069New YorkNew York CountyNY $2,161,000
3591108San MarinoLos Angeles CountyCA $2,150,000
3692625Corona Del MarOrange CountyCA $2,100,000
3781611AspenPitkin CountyCO $2,094,000
3890077Los AngelesLos Angeles CountyCA $2,068,437
3994025Menlo ParkSan Mateo CountyCA $2,062,500
4090212Beverly HillsLos Angeles CountyCA $2,060,000
4190049Los AngelesLos Angeles CountyCA $1,960,000
4294118San FranciscoSan Francisco CountyCA $1,902,000
4394104San FranciscoSan Francisco CountyCA $1,860,500
4489413GlenbrookDouglas CountyNV $1,850,000
4511568Old WestburyNassau CountyNY $1,812,500
4610012New YorkNew York CountyNY $1,807,500
4794123San FranciscoSan Francisco CountyCA $1,800,000
4810580RyeWestchester CountyNY $1,790,000
4911930AmagansettSuffolk CountyNY $1,781,250
5007620AlpineBergen CountyNJ $1,775,000
5192651Laguna BeachOrange CountyCA $1,765,000
5294939LarkspurMarin CountyCA $1,755,000
5394087SunnyvaleSanta Clara CountyCA $1,750,500
5495014CupertinoSanta Clara CountyCA $1,749,500
5594041Mountain ViewSanta Clara CountyCA $1,735,000
5690291
VeniceLos Angeles CountyCA $1,732,500
5790742
Sunset Beach
Orange County
CA
$1,712,500
5794402San MateoSan Mateo CountyCA
$1,712,500
5894062Redwood CitySan Mateo CountyCA $1,699,500
5992660Newport BeachOrange CountyCA $1,685,000
6094040Mountain ViewSanta Clara CountyCA $1,665,500
6193953Pebble BeachMonterey CountyCA $1,652,500
6294114San FranciscoSan Francisco CountyCA $1,652,000
6394970Stinson BeachMarin CountyCA $1,650,000
6491011La Canada FlintridgeLos Angeles CountyCA $1,642,500
6595032Los GatosSanta Clara CountyCA $1,634,000
6694070San CarlosSan Mateo CountyCA $1,625,000
6733921Boca GrandeLee CountyFL $1,605,000
6811030
Manhasset

Nassau County
NY
$1,600,000
6894127
San Francisco

San Francisco County
CA
$1,600,000
6893921Carmel By The Sea
Monterey CountyCA
$1,600,000
6992663Newport BeachOrange CountyCA $1,597,500
7094904GreenbraeMarin CountyCA $1,595,000
7194002BelmontSan Mateo CountyCA $1,590,000
7211024Great NeckNassau CountyNY $1,570,000
7394133San FranciscoSan Francisco CountyCA $1,565,000
7494507AlamoContra Costa CountyCA $1,563,750
7590274Palos Verdes PeninsulaLos Angeles CountyCA $1,550,000
7690254Hermosa BeachLos Angeles CountyCA $1,538,500
7790405Santa MonicaLos Angeles CountyCA $1,535,000
7806878RiversideFairfield CountyCT $1,507,500
7991008
Duarte
Los Angeles County
CA
$1,500,000
7991436
Encino
Los Angeles County
CA
$1,500,000
7994117San FranciscoSan Francisco CountyCA $1,500,000
8011765Mill NeckNassau CountyNY $1,486,848
8195129
San Jose
Santa Clara County
CA
$1,475,000
8102108
Boston
Suffolk County
MA
$1,475,000
8194705BerkeleyAlameda CountyCA $1,475,000
8294030MillbraeSan Mateo CountyCA $1,466,500
8390036Los AngelesLos Angeles CountyCA $1,465,000
8490048Los AngelesLos Angeles CountyCA $1,455,000
8510024New YorkNew York CountyNY $1,454,000
8611959QuogueSuffolk CountyNY $1,452,500
8721056Gibson IslandAnne Arundel CountyMD $1,450,000
8894061Redwood CitySan Mateo CountyCA $1,449,500
8906830GreenwichFairfield CountyCT $1,445,000
9096821HonoluluHonolulu CountyHI $1,435,000
9194563OrindaContra Costa CountyCA $1,430,000
9211963
Sag Harbor
Suffolk County
NY $1,425,000
9292014Del MarSan Diego CountyCA $1,425,000
9307078Short HillsEssex CountyNJ
$1,422,500
9394707BerkeleyAlameda CountyCA$1,422,500
9494121San FranciscoSan Francisco CountyCA $1,412,000
9592118CoronadoSan Diego CountyCA $1,407,500
9694115San FranciscoSan Francisco CountyCA $1,397,500
9702481Wellesley HillsNorfolk CountyMA $1,390,000
9895120San JoseSanta Clara CountyCA $1,385,000
9998004BellevueKing CountyWA $1,380,000
10094549LafayetteContra Costa CountyCA $1,374,500

Methodology: In order to determine which were the most expensive ZIP codes in the U.S., we looked at all residential transactions closed in 2017, taking into account condo, co-ops, single- and two-family homes. All package deals were excluded.

Andra Rus

Andra Rus

With 10+ years of experience at PropertyShark, Andra covers the latest product updates and market reports for our blog. Her work has been featured in The Real Deal, Curbed, TimeOut, The Daily Mail, Business Insider, Crain’s New York.