While people may be leaving urban hubs like San Francisco and New York in droves amid the coronavirus pandemic, real estate in ritzy enclaves just outside those cities is more expensive than ever.
Mass migration to posh suburbs has pushed up median home prices in California and New York, the two states that are home to the bulk of the country's priciest ZIP codes.
Property Shark just released its annual ranking of the most expensive ZIP codes in the US, which was determined by using this year's median home sale price in each location.
California dominates the list, with 19 ZIP codes landing in the top 25, many of which are located in and around Silicon Valley, the tech startup hub just south of San Francisco. New York followed with five ZIP codes making the list — two in Manhattan and three in the Hamptons.
There was one notable pandemic-induced change: Tribeca — the trendy downtown Manhattan neighborhood known for cobblestone streets and ritzy lofts carved out of former warehouses — didn't crack the top 10 most expensive ZIP codes for the first time in at least five years.
Elsewhere, median home sale prices rose. Three-fourths of the country's priciest ZIPs all saw median home price increases.
The country's most expensive neighborhood was far and away the posh Silicon Valley suburb of Atherton, California. Its 94027 ZIP code has a $7 million median sale price and was crowned the country's priciest for the fourth year in a row. Its closest competitor, the quaint Hamptons village of Sagaponack, had a median price that, at $3.9 million, was practically half of Atherton's.
Keep reading for a closer look at the 25 most expensive ZIP codes in America.
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