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Los Angeles

Beverly Hills’ 90210 reigns as LA market’s priciest ZIP

California claims more than half of the nation’s 1,000 wealthiest postal codes

Beverly Hills’ 90210 reigns as greater LA’s priciest ZIP
(Getty)

90210 has retained its place as the priciest ZIP code in greater Los Angeles.

A typical home in the famous Beverly Hills ZIP was $5.5 million in March, No. 1 in the Los Angeles-Long Beach-Anaheim metropolitan area, L.A. Business First reported.

The priciest ZIP codes were put together according to research obtained for The Business Journals Wealthy 1000, a recent ranking of the nation’s wealthiest ZIP codes based on a weighted formula that looks at numerous wealth metrics, including home values from Zillow.

When ranked by factors that include income, 60 Los Angeles-area ZIP codes rank among the nation’s 1,000 wealthiest, according to that list, led by Hermosa Beach, Manhattan Beach and Santa Monica.

Ranked by median home value, the top 10 Los Angeles metro ZIPs include 90210 in Beverly Hills, at $5.5 million; 92657 in Newport Coast, at $4.8 million; 92661 in Newport Beach, at $4.4 million; 90402 in Santa Monica, at $4.3 million; 92625 in Corona Del Mar, at $3.8 million; 90272 in Pacific Palisades, at $3.6 million; 90265 in Malibu, at $3.5 million; 90266 in Manhattan Beach, at $3.1 million; 90077 in Bel-Air, at $3.1 million and 92651 in Laguna Beach, at $3.1 million.

California makes up more than half of the nation’s top 1,000 ZIP Codes for home values, followed by New York (96), Massachusetts (74) and New Jersey (55).

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Among metro areas, Los Angeles (203) led the way, joined near the top by San Francisco (115) and San Jose (55). 

New York (145) and Boston (58) were also among the metro areas with the most ZIP codes in the top 1,000 nationally.

Atherton, south of San Francisco, had the highest home value in the nation at $7.7 million.

The average home value for the top 1,000 ZIP codes was $1.4 million. For reference, Zillow estimates the average American home value is $360,681 as of May 31, up 4.3 percent from a year earlier.

But the median value of new houses sold was $417,400, according to Zillow, down 0.9 percent compared to the prior year, as higher interest rates impacted the housing market.

— Dana Bartholomew

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