8 CA Zip Codes Rank Among Priciest In U.S., New Analysis Shows

More than half of the nation's priciest zip codes are in California, which continues to be the country's dominant luxury market, according to a new analysis.

Eight of the country's top 10 most expensive zip codes are in California, based on closed-sale data reported in the 10th annual report by PropertyShack.

This year, $2 million was the minimum median sales price to make the top 100. Five years ago, fewer than 50 of the most expensive zip codes had reached that mark. Another sign of post-pandemic price acceleration was that 10 zip codes surpassed $5 million, according to Property Shark.

The priciest zip codes in California, along with their nationwide ranking and median sale price, are:

• 94027 Atherton (No. 2), at $8.33 million
• 92661 Newport Beach (No. 4), at $5.72 million
• 93108 Santa Barbara (No. 6), at $5.24 million
• 94970 Stinson Beach (No. 7), at $5.23 million
• 92657 Newport Beach (No. 8), at $5.19 million
• (tie No. 9) 94022 Los Altos; 92662, Newport Beach, at $5.10 million
• 92067 Rancho Santa Fe (No. 10), at $4.99 million

California maintained broad dominance through Newport Beach and Los Angeles, but some markets showed signs of a cooling real estate market.

After eight consecutive years as the most expensive zip code in the country, Atherton’s 94027 ($8.33 million) was overtaken by 33109 in Miami Beach ($9.5M).

Despite feeling the effects of the wildfire, Los Angeles tied with Greenwich, Conn. as the second-most expensive city, each contributing four zip codes.

The Bay Area still had the largest number of high-value zips with 32 in total, but continued to shrink from its pre-pandemic peak.

However, the Golden State remained the dominant luxury market, representing 61 percent of the 100 priciest zips.

Here's the top 10 nationwide:

1. 33109, Miami Beach, Florida
2. 94027, Atherton, California
3. 11962, Sagaponack, New York
4. 92661, Newport Beach, California
5. 11976, Water Mill, New York
6. 93108 Santa Barbara, California
7. 94970, Stinson Beach, California
8. 92657 Newport Beach, California
9. (tie) 94022, Los Altos, California; 92657, Newport Beach, California
10. 92067, Rancho Santa Fe, California

Check out the full list by clicking here.

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