Palo Alto, Los Altos Among Priciest Bay Area, US ZIP Codes

BAY AREA, CA — More than half of the country's most expensive ZIP codes are in the Bay Area, according to a study released Monday on Propertyshark.com. ZIP code 94027, in Atherton, topped the charts for the third year in a row with a median home sale price of more than $7 million.

Palo Alto's 94301, which encompasses downtown Palo Alto and parts of Crescent Park, had a median home sale price of $3.52-million, making it the study's second-priciest in the Bay Area and seventh-priciest in America.

This was followed by another Silicon Valley community — 94022 in Los Altos — the Bay Area’s third-priciest ZIP code at $3.45 million, according to Propertyshark.com

San Francisco, where 13 of the country's priciest ZIP codes exist, is the most expensive city in the U.S. The number of pricey ZIP codes in San Francisco has risen steeply in recent years, from seven in 2016 to nine in 2018.

More than half of the top-100 most expensive ZIP codes fell somewhere in the Bay Area. Besides San Francisco, others appeared in San Mateo, Santa Clara, Marin and Alameda counties.

"The Bay Area is still the most exclusive metro, originating 55 of the country's top zip codes," the authors of the study wrote.

The full list is available online, along with information about the methodology used to conduct the study, at https://bit.ly/2Os67MC.

Bay City News Service contributed to this report.