The 10 Most Expensive Zip Codes in the U.S. Got a Shake Up in 2020
This four-bedroom Atherton residence is priced at $6.995 million and listed with Mary and Brent Gullixson. Photograph by Bernard Andre.
It’s been a trying year for many industries, and while real estate is booming in some cities, it has taken its hits in others. PropertyShark has compiled 2020 data and found the top 10 priciest zip codes in the United States this year, using the median home sales prices as the marker.
The biggest change is that no zip codes from New York City appear, whereas last year, two zip codes from the Big Apple made the top 10 list. A Boston zip code also lost its spot. However, most of the swanky areas that did rank won’t come as a surprise.
A charming Bridgehampton home with contemporary interiors is currently listed for $7.595 million. Photograph courtesy of Brown Harris Stevens.
1. Atherton, CA – 94027
Median Closing Price: $7M
2. Sagaponack, NY – 11962
Median Closing Price: $3.88M
3. It’s a tie. Santa Monica, CA – 90402 and Beverly Hills, CA -90210
Median Closing Price:$3.75M
4. Ross, CA – 94957
Median Closing Price: $3.61M
5. Portola Valley, CA – 94028
Median Closing Price: $3.53M
On 1.8 acres in Sagaponack, a classic Hamptons home is listed for $12.995 million. Photograph courtesy of Brown Harris Stevens.
6. Los Altos, CA – 94022
Median Closing Price: $3.45M
7. Bridgehampton, NY – 11932
Median Closing Price: $3.33M
8. Palo Alto, CA – 94301
Median Closing Price: $3.3M
9. Medina, WA – 98039
Median Closing Price: $3.23M
10. Los Altos, CA (again) – 94024
Median Closing Price: $3.2M
A staircase in a home for sale in Sagaponack shines with elegance. Photograph courtesy of Brown Harris Stevens.
For everything people say about the priciness of the East Coast, one thing is clear in 2020: The West Coast is largely more expensive for buyers. If looking at the 10 most expensive areas doesn’t prove this enough, PropertyShark found the country’s 121 priciest zip codes as well, of which 87 were in California compared to 20 in New York.
Just missing the very top of the list, NYC’s Downtown 10007 zip code nabbed spot #11 after suffering a 15% decrease in closing prices from last year. Perhaps 2021 will bring New York City back into the top 10, but for now, California is firmly holding the majority there with the Hamptons keeping up as well.
