Currently Reading

Here Are the Most Expensive ZIP Codes of 2021

Housing Markets

Here Are the Most Expensive ZIP Codes of 2021

Where the cost of luxury takes the largest toll.

November 3, 2021
Mansions in California neighborhood

High demand and low inventory are causing home prices to soar in some regions of the United States, particularly in areas where the cost of living is already high, says

Seven of the top 10 most expensive ZIP codes in 2021 were in California, where median prices in some areas were over 10 times higher than the national median home price for September. 

The median list price in the 100 most expensive ZIP codes was a whopping $2,476,250—up about 7.1% from last year.

“Prices are going up because demand is just so strong and the inventory isn’t catching up,” says Shane Lee, a data scientist at RealtyHop who worked on the report. COVID-19 also contributed to the rise as many people left their urban apartments and bought vacation properties or larger abodes in the suburbs.

Seven of the 10 most expensive ZIP codes were in sunny California. All of these places had median list prices over $4 million. To put those prices into perspective, that’s more than 10 times the median home price of $380,000 in September, according to the most recent® data.

Read More

Related Stories

Build to Rent

Built to Rent Is Booming, But Operational Challenges Loom for This Overheated Housing Sector

Don’t let the current hype about single-family B2R communities obscure the need to create long-term sustainability and asset value

Housing Markets

Florida, Ohio Among the Nation's Most Overvalued Housing Markets

As more Americans migrate from major cities like New York and San Francisco, states like Florida, Ohio, and Idaho are seeing higher populations as well as much higher prices

Market Data + Trends

Sustainably Increasing the Homeownership Rate May Be More Difficult Than Ever Post-Pandemic

The U.S. homeownership rate has stayed the same for half a century, but housing-related fallout from the COVID-19 pandemic could change that


More in Category


Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.