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

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Real Estate Agent with Real Living 1st Choice Realty

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 published 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 Parkland or Coral Springs , 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 Parkland and Coral Springs real estate expert, Jon Klein , for local market pricing. Click here to Search Parkland Homes Click here to Search Coral Springs Homes Click here to Find Out What your Home is Worth View my listings at http://www.jonklein.com

Comments (2)

Cheryl Eskridge
Eskridge Real Estate - Eagle River, WI
ABR, CRS, GRI, PMN, Broker, Licensed in WI & TX

WOW very interesting information. I can clearly see the coastal area is the most expensive. I would be curious where WI felt in this list if they even showed up. Thanks for sharing.

Oct 22, 2012 11:38 PM
Diane Daley
Caron's Gateway Real Estate - Northumberland, NH

It does not surprise me that NY/NY is on that list 4 out of 10 times and NY/NJ 6/10 times. Not my favorite locations...LOL

Oct 23, 2012 12:17 AM