California Dominates as Home to the Most Expensive ZIP Codes in the U.S.

California's representation continues with Santa Barbara at $5 million and multiple entries from Newport Beach,Photo bySinjin ThomasonUnsplash

California’s high cost of living is once again highlighted in a recent report by PropertyShark, which reveals that the Golden State boasts seven of the top 10 most expensive ZIP codes in the entire country. This report, focusing on year-to-date closed residential sales, underscores the exorbitant prices that define California's real estate market. Leading the pack is Atherton, with a staggering median sale price of $7.9 million. Following closely behind are several prestigious locations in New York, including Sagaponack and Water Mill, with median prices of $5.9 million and $5.8 million, respectively.

California's representation continues with Santa Barbara at $5 million and multiple entries from Newport Beach, ranging from $4.6 million to $4.76 million. Rancho Santa Fe and Santa Monica round out the list, with median sale prices of $4.5 million and $4.4 million. These figures highlight the ongoing housing crisis and the stark reality of affordability in California, where the allure of coastal living comes at an exorbitant price.