The 10 Priciest Zip Codes In America

Forbes' annual list ranks communities by the median asking prices of houses for sale.

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Trulia.com

California is the golden state in more ways than one — it's also home to some of the priciest real estate in America. Forbes released its and four communities in California landed among the top 10.

Last year, New York had six zip codes on the list. This year, it has just three.

The reason for California's dominance? It's partly the deluge of tech money. Three of the four zip codes are in Northern California, near Silicon Valley, home to tech giants like Facebook and Google and their executives. But it also has to do with the types of homes.

"The thing about the Bay Area is that the housing supply is ridiculously constrained," Michael Simonsen, CEO of Altos Research, told Forbes. "And in a town like Atherton, there are no condos."

Manhattan, he added, has a mix of homes, from brownstones to high-rise condos.

To determine the ranking, Forbes works with Altos Research, a data provider, which looks at the asking prices — not sale prices — of single-family homes in 28,500 zip codes across America over a 90 day period ending Oct. 9.

Here are the 10 priciest zip codes in America. To see the complete list, .

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1 Atherton, California 94027
Atherton, California
Zillow.com

Median home price: $10.5 million

2 Sagaponack, New York 11962
Hamptons, New York

Median home price: $7.4 million

3 New York, New York 10012 (SoHo)
SoHo, New York, New York

Media home price: $7.3 million

4 Woody Creek, Colorado 81656
Woody Creek, Colorado
Zillow.com

Median home price: $7 million

5 New York, New York 10013 (downtown/TriBeCa)
Tribeca, New York

Median home price: $6 million

6 Miami Beach, Florida 33109 (Fisher Island)
Fisher Island, Miami Beach, Florida

Median home price: $5.5 million

7 Woodside, California 94062
Woodside, California
Trulia.com

Media home price: $5.5 million

8 Hidden Hills, California 91302
Hidden Hills, California
YouTube

Median home price: $5 million

9 Aspen, Colorado 81611
Aspen, Colorado

Media home price: $5 million

10 Hillsborough, California 94010
Hillsborough, California
Zillow.com

Median home price: $4.9 million

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