Top 100 U.S. zip codes: 2022 breaks records - 14 exceed the $4 million average.
As usual, when identifying the most exclusive neighborhoods for high-end real estate, we calculate median sales prices based on completed transactions rather than asking prices, as we believe this methodology is the most accurate to reflect real market dynamics.
While asking prices reflect the wishes of sellers, calculating median sales prices based on sales prices reflects the reality of transactions on the ground.
Main findings:
- Etherton, California, and Sagaponack, New York, surpassed the $8 million mark for the first time, with Sagaponack up 40% from last year.
- More than half of the nation's most exclusive zip codes declined in value from last year, down from just 15 in 2023.
- The median price in the U.S.
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city of Ross dropped 39%, and it moved from third to twenty-first place.The100 most expensive zip codes in the country are in 11 states, and 65% of them are in California. The California Bay Area lost 9 zip codes over 2022. Los Angeles County is still the most expensive county with 20 index entries. New York boasts the highest concentration of expensive zip codes, while San Francisco continues to lose ground. Gibson Island inFor example, Etherton in California holds its position as the leader with a median sale price of $8.3 million.
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