If you’re considering the place to purchase a home and settle in, you shouldn’t solely take into accounts town and state. Factors which can be important of their relation to homeowning, corresponding to property taxes and college districts, function on a smaller, extra detailed degree than the city-level. Therefore, searching for houses by way of ZIP code isn’t a horrible strategy as a result of housing costs can range considerably inside a metropolis primarily based on the ZIP code.
Read on to seek out out the costliest ZIP codes within the United States in 2023 in addition to developments and themes these locations share.
The Most Expensive ZIP Codes in America
Using information from Zillow’s August 2023 house worth index, we analyzed 1000’s of ZIP codes throughout the U.S. with the intention to zero-in on the highest 100 costliest 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, with the intention to acquire a fuller image.
Below are the 100 costliest ZIP codes within the U.S.
The ZIP code 94027 in Atherton has been the costliest ZIP code within the U.S. for a number of years operating now. While 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 costliest ZIP code — 33109 — covers Fisher Island, a famously dear a part of Miami Beach, which might solely be reached by boat or plane, as there aren’t any bridges. Not surprisingly, Fisher Island can be the richest metropolis in Florida.
The third costliest 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 Most Expensive ZIP Codes within the U.S.
One of the obvious patterns to emerge from the highest 100 costliest 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 costliest ZIP codes. And, in a distant third, is New Jersey, which is house to 4 of the costliest ZIP codes.
Three of New York state’s costliest ZIP codes — 10013, 10007, and 10012 — are situated in southern Manhattan, whereas the opposite 9 costliest ZIP codes are within the Hamptons or Long Island usually. In California, the costliest ZIP codes are distributed pretty evenly between the San Francisco Bay Area, Silicon Valley, the Los Angeles metro space, whereas a few ZIP codes lay within the San Diego metro space.