The U.S. housing market might be expensive, but home prices in some areas are soaring into the stratosphere.
This week, Realtor.com released a study that ranks the most expensive ZIP codes in the country with at least 30 active listings. The company found that in these wealthy enclaves, the median listing price starts at nearly $6 million.
However, homebuyers need to have twice that amount to afford a home in the top-ranking ZIP code, 33109. That’s Fisher Island, Miami Beach, Florida, where the median listing price is a whopping $11,925,000. Realtor.com points out that this is over 27 times more than the U.S. median of $439,450 . Additionally, all 46 active home listings in Fisher Island are priced over $1 million. The average home size on the market there is 3,835 square feet, and demand is up, with page views per listing rising 4.5 percent in the last year.
While Florida might have claimed the top spot, California dominated the top 10, with Newport Coast (92657) coming in at No. 2, Bel Air (90077) at No. 4, celebrity-favorite Montecito (93108) at No. 5, Hope Ranch (93110) at No. 6, Beverly Hills (90210) at No. 7, Rancho Santa Fe (92067) at No. 9, and Malibu (90265) snatching the tenth spot.
However, page views for California homes are down. Newport Coast views have decreased 20 percent in the last year, while online viewings for Bel Air real estate are down 46 percent. Malibu was affected by the L.A. wildfires at the beginning of 2025.
The only two ZIP codes in the Northeast are both in The Hamptons, with Bridgehampton, New York (11932) coming in at No. 3 and Water Mill, New York (11976) at No. 8.
“Virtually every active listing in these ZIP codes is a million-dollar home, and at the very top, the priciest 1 percent of listings can reach $59 million in Bridgehampton and $61 million in Water Mill,” notes Realtor.com.
While the company points out that listings in these exclusive areas account for just 0.1 percent of all for-sale properties in the U.S., they indicate where America’s wealthiest homeowners are concentrated.
“In a country where a $1.3 million home marks the entry point to the top 10 percent, these neighborhoods operate on a completely different scale, where breathtaking views and unmatched exclusivity set the standard,” Anthony Smith, senior economist at Realtor.com, said in a statement shared with Travel + Leisure.
You can read the full report on realtor.com.