Atherton, Calif., comes in second on Forbes most expensive ZIP Codes list
This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.
94027 -- it’s the second most expensive ZIP Code in the country, home to the town of Atherton, and it’s right here in California.
The median asking price in Atherton, which is in the Bay Area, over the last 12 months was $3.85 million, despite a 23% decline over that time, according to Forbes magazine’s 500 Most Expensive ZIP Codes list.
Alpine, N.J.’s, 07620 ZIP Code topped the list with a median asking price of $4.14 million. Like Atherton, prices in Alpine dropped 23% over the Last year, Forbes said.
California is represented well in the list’s top 10 priciest ZIP codes: Duarte, Beverly Hills, Rancho Santa Fe, Santa Barbara and Los Altos Hills all make the list, taking the number four through eight spots with prices hovering around $3 million.
Coming in third was New York’s West Village neighborhood, 10014, which Forbes said is now fully gentrified and hitting a $3.5 million median asking price. The West Village had a 24% decrease over the last year, the list said.
On average, the 500 ZIP Codes on the Forbes list dropped 7% in asking price. Only one-fifth of the country’s most expensive ZIP Codes saw prices rise, and in a few of those ZIP Codes, prices were skewed by a single high-priced listing, Forbes said.
Here are the top 10 most expensive ZIP Codes, by median home price, as reported by Forbes:
- 07620, Alpine, N.J., $4,139,041
- 94027, Atherton, Calif., $3,849,133
- 10014, New York, N.Y., $3,521,514
- 91008, Duarte, Calif., $3,444,773
- 90210, Beverly Hills, Calif., $3,367,167
- 92067, Rancho Santa Fe, Calif., $3,362,493
- 93108, Santa Barbara, Calif., $3,284,652
- 94024, Los Altos Hills, Calif., $3,277,500
- 10065, New York, N.Y., $3,176,534
- 07926, Brookside, N.J., $3,121,115
Check out Forbes full list, complete with an interactive map comparing ZIP Codes.
-- Nathan Olivarez-Giles