Housing

The Least Expensive House in America's Most Expensive Zip Code

The real estate market is on fire. Recently, the carefully followed S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index showed home prices rose 19.5% nationally in September compared to the same month last year. Among the large cities the survey covers, Phoenix had the largest increase at 33.1%.

This data is not out of step with other studies. People have migrated by the tens of thousands from expensive coastal cities like New York and San Francisco to less expensive cities inland. These smaller cities are not just less expensive. Many have a perceived better quality of life. Ironically, the rush of homebuyers to these places has driven up prices sharply.

PropertyShark recently released its Most Expensive U.S. Zip Codes in 2021. In turn, these data were reviewed by Point2.

Not surprisingly, the most expensive Zip codes in terms of home prices were heavily concentrated on the two coasts. This included 94027 (Atherton, California), 02199 (Boston) and 11962 (Sagaponack, New York). In 94027, The median sales prices for a home there this year were $7.475 million, $5.500 million and $5.000 million, respectively.

As in every other Zip code, neighborhood or city, some homes cost well below the median for the area. Atherton’s 94027, the nation’s most expensive Zip code, has a home on the market for “only” $4,998,000. The address, for those who want it, is 16 Valley Road, Atherton.

These are the cheapest houses in America’s 20 most expensive Zip codes:

Zip Code Location Asking Price Median Sale Price
94027 Atherton $4,998,000 $7,475,000
02199 Boston $1,325,000 $5,500,000
11962 Sagaponack $1,400,000 $5,000,000
94957 Ross $6,500,000 $4,583,000
33109 Miami Beach $799,000 $4,475,000
90210 Beverly Hills $1,279,000 $4,125,000
93108 Santa Barbara $1,850,000 $4,103,000
90402 Santa Monica $579,000 $4,058,000
94022 Los Altos $950,000 $4,052,000
98039 Medina $3,250,000 $4,000,000
94024 Los Altos $2,498,000 $3,856,000
94301 Palo Alto $999,950 $3,800,000
11976 Water Mill $1,795,000 $3,745,000
90742 Huntington Beach $1,999,000 $3,625,000
92662 Newport Beach $4,500,000 $3,577,000
94970 Stinson Beach $4,500,000 $3,500,000
94028 Portola Valley $5,688,000 $3,400,000
92067 Rancho Santa Fe $1,995,000 $3,399,000
92657 Newport Beach $2,050,000 $3,365,000
92661 Newport Beach $2,200,000 $3,293,000

Click here to read about the most expensive Zip code in America.