The ultrarich’s biggest spending category tends to be on real estate, according to realtor.com®. So where are the richest people in America settling down and buying a home?
“In terms of neighborhoods, [the ultrarich] are either going for aspirational places or looking for the next hottest place,” Dolly Lenz, founder of Dolly Lenz Real Estate in New York, told realtor.com®.
Realtor.com®’s data team sought to find the priciest ZIP codes and the top luxury neighborhoods in the country. They culled median listing prices from June 2017 to May 2018 to find the ZIP codes with the highest home prices. For geographic diversity, they limited their list to two ZIP codes per state and only one ZIP per metro area.
The most expensive real estate can be found in these neighborhoods:
1. Atherton, Calif. (San Francisco metro area)
- ZIP code: 94027
- Median home list price: $10,194,000
- ZIP code: 94022
- Median home list price: $6,326,000
- ZIP code: 10013
- Median home list price: $5,137,000
- ZIP code: 98039
- Median home list price: $4,894,000
- ZIP code: 33109
- Median home list price: $3,707,000
- ZIP code: 89413
- Median home list price: $3,225,342
Source:
“Get Rich or Die Tryin’: The 10 Most Expensive Neighborhoods in the U.S.,” realtor.com® (June 25, 2018)