America's most expensive ZIP codes are synonymous with wealth and exclusivity in the real estate realm.
Atherton, California, has claimed the top spot for the fifth consecutive year, with a median home price of $7.75 million. This Silicon Valley enclave attracts tech executives and venture capitalists who reside in sprawling estates.
Other notable mentions include Sea Island, Georgia, and Water Mill, New York, with median home prices of $5.5 million and $5.3 million, respectively.
Fisher Island, Florida, located just south of Miami Beach, follows closely with median home prices reaching $6.1 million. This exclusive island is known for its private beaches and a marina catering to mega-yachts.
Sagaponack, New York, ranks third on the list, with median home prices around $6 million. This community in the Hamptons is celebrated for its upscale properties and serene beaches.
The study, conducted by RealtyHop, analyzed median listing prices for various types of homes across all ZIP codes in the U.S. from January 1, 2024, to October 15, 2024. The data highlights the significant disparity in home values across the country, with luxury markets outpacing more affordable regions. Factors such as location, exclusivity, and amenities play a crucial role in driving prices higher in the luxury real estate market. The ongoing evolution of this market reflects broader economic trends, including the impact of technology and the increasing concentration of wealth among top earners.