You probably knew Atherton was expensive, but did you know it was the most expensive ZIP code in the country? With a $7 million median home price tag, Atherton's 94027 remains the No. 1 most expensive ZIP code for the fourth consecutive year, according to a new report from PropertyShark.
California also claimed the No. 4 priciest ZIP with 94957 in Ross and Portola Valley's 94028 at No. 5. Both Bay Area ZIPs rose in price in 2020, with Ross gaining 8% over 2019 figures to reach $3,605,000 while Portola Valley rose 7% to $3,530,000.
One hundred twenty one ZIP codes make up the list of ZIPs with the 100 most expensive median sales prices, which is ranked by median sales prices between Jan. 1 and Oct. 16, 2020.
San Francisco claimed 11 of the priciest ZIP codes, the highest concentration of any city, with the Bay Area home to 50 of the top 121.
The Marina District's 94123 was the 36th most expensive ZIP with a $2,150,000 median sale price, followed by the Richmond District's 94118 at No. 42 with its $2,028,000 median. Prices grew in both areas, with the Marina up 7% from 2019, while the Richmond District gained a more modest 2% over year-ago figures. They were followed by the Castro's 94114 at No. 52.
California has the most expensive housing market overall, with 87 of the most expensive ZIP codes nationwide. Los Angeles County has the highest concentration of expensive ZIP codes at the county level, with 23 ZIP codes.
As Bay Area residents fled to Lake Tahoe amid the pandemic, home prices predictably rose. In Nevada, Glenbrook's 89413 ranked as the 35th priciest ZIP code nationally, with a 23% increase in prices over 2019. Its median climbed to $2,170,000.
Nevada's Crystal Bay came in with the second-priciest ZIP code in the area, with 89402 in the state at No. 95. However, this year it actually saw a decline from 2019 prices, with a median price of $1,490,000.
With about 7,200 residents, Atherton is home to tech titans like Google's Eric Schmidt, Facebook's Sheryl Sandberg and former Hewlett Packard CEO Meg Whitman. It's also popular with professional athletes including Jerry Rice, Willie Mays and Warriors star Steph Curry and his wife, Ayesha.
