Benchmark Realty LLC logo
Benchmark Realty LLC logo

Back To Blog

The Most Expensive U.S. ZIP Codes (2012 Edition)

Most expensive ZIP codes in the U.S.Since late-2011, home values have climbed in many U.S. markets.

The government's Home Price index puts the increase at +3.7% an annual basis and the National Association of REALTORS® shows home sale prices up 11% since last year.

The price at which a home sells is determined by the economic force of supply-and-demand but location and amenities matter, too; establishing a baseline from which supply-and-demand can work. 

Using data compiled by real estate market data firm Altos Research, Forbes Magazine recently presented America's 10 most expensive ZIP codes for 2012. California and the New York Metro area dominate the list.

  1. New York, NY (10065) : $6,534,430
  2. Alpine, NJ (07620) : $5,745,038
  3. Atherton, CA (94027) : $4,897,864
  4. Sagaponack, NY (11962) : $4,180,385
  5. Hillsborough, CA (94010) : $4,127,250
  6. New York, NY (10014) : $4,116,506
  7. Los Altos Hills, CA (94022) : $4,016,050
  8. New York, NY (10021) : $3,980,829
  9. Rolling Hills, CA (90274) : $3,972,500
  10. New York, NY (10075) : $3,885,409

As an illustration of how home prices have climbed since Forbes publishes last year's Most Expensive ZIP code list, this year's #10 -- Upper East Side, New York City, New York -- would have ranked third in 2011.

The Forbes list may be interesting but, to home buyers or sellers in Brentwood , it's far from the final word in home values. Real estate remains a local market which means that -- even within a given ZIP code -- prices can vary based on street and neighborhood, and home characteristics.

Look past the general data and get to the specifics. Talk to your real estate agent for local market pricing.

Add Comment

Comments are moderated. Please be patient if your comment does not appear immediately. Thank you.

Comments

  1. No comments. Be the first to comment.

Our BLog

News & Events

Search

Tags

Ask a Question

Contact

Contact Us

Do not fill in this field:
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.