Unexpectedly: rural areas of the USA were the most expensive to buy

A nationwide study by New York-based real estate company Property Club shows that the most expensive areas in the United States are in the suburbs. Patch.

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Property Club, a New York real estate company, looked at data from all home sales across the country between March 13 and September 7 to determine the 125 most expensive zip codes right now. It is noteworthy and unexpected that none of the 10 most expensive areas belong to a large American metropolitan area - they are located in the suburbs.

10 most expensive areas in the USA:

1. 94027, Atherton, California - home price $6
2. 90210, Beverly Hills, California - house price $4
3. 11962, Sagaponack, New York - house price $3
4. 98039, Medina, Washington - house price $3
5. 90402, Santa Monica, California - house price $3
6. 94957, Ross, California - home price $3
7. 94022, Los Altos, California - house price $3
8. 81611, Aspen, Colorado - home price $3
9. 94028, Portola Valley, California - home price $3
10. 89413, Glenbrook, Nevada - home price $3

More than two-thirds of the 125 most expensive zip codes are in California, but the entire list is spread across 15 states.

The two most expensive neighborhoods in the country are in California, with Atherton (94027) ranked first with an average home value of nearly $ 6,7 million, and Beverly Hills (90210), which became famous for its TV series in the 1990s, comes in second. with an average home value of $ 4,08 million.

“The biggest surprise was that major city zip codes did not make the top ten,” said Property Club CEO Andrew Weinberger. “This is especially striking because, based on historical numbers, there are several New York City ZIP codes at the top.”

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According to Weinberger, Atherton has always been the most expensive area when compared to previous ratings. But the pandemic has had a noticeable impact on other areas on the list.

“For example, we see more Long Island ZIP codes on this list than New York City,” he said. “You would normally expect places like Manhattan and San Francisco to have more.” We are also seeing more postcodes near the sea and mountains. This is the first time the Lake Tahoe area has been ranked in the top 10 most expensive places.”

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