The Corcoran Group agent Julian Johnston solely speaks to Fox Information Digital concerning the new wave of California billionaires migrating to South Florida as a consequence of a proposed wealth tax.
A brand new evaluation of the ten costliest ZIP codes within the U.S. finds that California continues to be house to a good portion of the nation’s most luxurious properties.
Economists at Realtor.com sought to seek out the ten costliest communities within the U.S. by specializing in areas with no less than 30 energetic listings in January to establish certified ZIP codes. From there, they ranked markets by median itemizing value. And, in circumstances when that was tied in two markets, the median sq. footage of the listed properties was used as a tiebreaker.
“The most recent information evaluation exhibits that entry into this unique high 10 now begins at $5.5 million, inserting these communities in a class solely distinct from even the broader luxurious market,” stated Realtor.com senior economist Anthony Smith.
That $5.5 million determine is roughly 5 instances the present luxurious threshold of $1.2 million, although that entry level to ultra-luxury properties has declined from a peak of $5.9 million in July 2025. Simply 12% of listings nationwide are priced above $1 million, however Smith famous that share is almost 100% throughout the nation’s costliest ZIP codes.
Newport Seashore, California, claimed the highest spot on the Realtor.com record of costliest ZIP codes. (Jeff Gritchen/MediaNews Group/Orange County Register by way of Getty Pictures / Getty Pictures)
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California claimed six of the highest 10 spots within the Realtor.com evaluation regardless of Malibu slipping out of the rankings into eleventh place.
Smith famous that the 2025 wildfires affected demand for housing in that space, saying the world’s decline “displays wildfire-driven shifts in stock, with extra listings representing land worth or rebuild alternatives slightly than turnkey luxurious estates.”
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Malibu, California, dropped out of the highest 10 record as a consequence of final yr’s wildfires affecting the housing market. (Anne Cusack/Los Angeles Instances by way of Getty Pictures / Getty Pictures)
This is a take a look at the ten ZIP codes with the costliest actual property based mostly on Realtor.com’s evaluation:
1. — Newport Coast, California (92657 ZIP code)
- $12.5 million median record value
- 5,552 median sq. toes
2. — Fisher Island, Florida (33109 ZIP code)
- $11.98 million median record value
- 3,790 median sq. toes
3. — Beverly Hills, California (90210 ZIP code)
- $10.495 million median record value
- 5,500 median sq. toes
A view of mansions in Beverly Hills, Calif. (iStock)
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4. — Bridgehampton, New York (11932 ZIP code)
- $8.8 million median record value
- 4,874 median sq. toes
5. — Bel Air, California (90077 ZIP code)
- $7.947 million median record value
- 5,094 median sq. toes
Two ZIP codes situated within the Hamptons of New York cracked Realtor.com’s high 10 costliest record. (Getty Pictures)
6. — Water Mill, New York (11976 ZIP code)
- $6.995 million median record value
- 5,821 median sq. toes
7. — Montecito-Santa Barbara, California (93108 ZIP code)
- $6.495 million median record value
- 3,611 median sq. toes
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One ZIP code in Arizona made the highest 10 record. (iStock)
8. — Rancho Santa Fe, California (92067 zip code)
- $5.995 million median record value
- 6,000 median sq. toes
9. — Newport Seashore, California (92663 ZIP code)
- $4.995 million median record value
- 3,058 median sq. toes
10. — Paradise Valley, Arizona (85253 ZIP code)
- $5.5 million median record value
- 5,784 median sq. toes
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