These Are the Most Expensive Neighborhoods Across the U.S., According to Zillow Data (2024)

While the housing market is finally starting to turn around, the past few years have been rough for prospective buyers. Housing inventory hit record lows and home prices hit record highs, pushing many buyers to reconsider or postpone their dream of buying a home. Ironically, shows like Selling Sunset and the trend of "Zillow surfing" (scrolling through unattainable listings without any intent to buy) became increasing popular at the exact same time. Many millennials in particular (myself included) have found ourselves deeply entranced by multi-million dollar home listings—picturing our alternate lifestyles in lavish floor plans—even if the reality of affording even a moderately priced home is still far off.

That's why my interest was immediately piqued upon seeing the list of the most expensive neighborhoods across the country. To compile the list, CashNetUSA used real estate data fromZillowto identify neighborhoods in the towns and cities of all 50 U.S. states, then added together the house prices in each area and divided them by the number of properties to calculate the average price in every neighborhood. While the research names the most expensive neighborhoods in each state, it also shares the overall top 10 most expensive neighborhoods across the country, which are concentrated in just four different states. The top 10 list is primarily dominated by one very popular retirement state (you can probably guess what it is) along with California and New York.

Whether you're looking to buy an affordable home and need to know where not to look, or just want more ideas about what to search when doing your escapism pastime of Zillow surfing, keep reading to learn more.

Most Expensive Neighborhoods in Every U.S. State

These Are the Most Expensive Neighborhoods Across the U.S., According to Zillow Data (2)

Major cities—like Los Angeles and NYC—often come to mind first when discussing areas with a high cost of living, but that doesn't always match up exactly with the neighborhoods with the highest housing prices, as this data shows. The most expensive neighborhood in New York, for example, is Southhampton Village on Long Island. The average price of the most expensive neighborhoods in every U.S. state is $5,249,542, but America's most expensive neighborhood—Manalapan, Fla.,—far surpasses that at a whopping average house price of $39,761,000.

Top 10 Most Expensive Neighborhoods in America

  1. Manalapan, Florida (Average house price: $39,761,000)
  2. Palm Island, Florida (Average house price: $27,624,833)
  3. Snowmass, Colorado (Average house price: $23,568,750)
  4. Beverly Hills Gateway, California (Average house price: $22,771,957)
  5. Port Royal, Florida (Average house price: $22,032,667)
  6. Golden Beach, Florida (Average house price: $18,659,412)
  7. Bel Air, California (Average house price: $18,581,775)
  8. Southampton Village, New York (Average house price: $16,719,714)
  9. Sagaponack, New York (Average house price: $16,016,944)
  10. Trousdale Estates, California (Average house price: $15,870,100)

Florida is home to four of the top 10 most expensive neighborhoods in America. California and New York also have repeat spots on the list, with Hollywood's elite taking up real estate in Beverly Hills Gateway, Bel Air, and Trousdale Estates, and some of the richest families in New York (and America) holding vacation homes in Southampton Village and Sagaponack. Snowmass, Colorado—the third most expensive neighborhood—is one of America's most popular ski areas, and according to CashNetUSA, the area experienced a housing boom in recent years, with sales doubling between 2019 and 2021.

To learn more about the most expensive neighborhoods in the country, check out the full report from CashNetUSA.

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These Are the Most Expensive Neighborhoods Across the U.S., According to Zillow Data (2024)

FAQs

Where is the most expensive neighborhood? ›

Below is a list of the 10 most expensive neighborhoods in the U.S. and their average house prices, according to CashNetUSA:
  • Manalapan, Florida: $39,761,000.
  • Palm Island, Florida: $27,624,833.
  • Snowmass, Colorado: $23,568,750.
  • Beverly Hills Gateway, California: $22,771,957.
  • Port Royal, Florida: $22,032,667.
May 25, 2023

Where in the US has the most expensive houses? ›

1. The One, Los Angeles, California | Most Expensive Houses. The One, which took eight years to create, has surpassed all other pricey mansions in the US to claim the top rank.

What is the most expensive neighborhood in California? ›

Not only was the Beverly Hills Gateway area named the most expensive neighborhood in California, but it was also considered the fourth most expensive neighborhood in the U.S., topped only by select neighborhoods in Florida and Colorado, experts found.

What is the most expensive real estate area in the US? ›

1. Hawaii. Hawaii is known for its beautiful beaches, warm climate, and breathtaking scenery. However, it is also the most expensive state to buy a house, with a Zillow Home Value Index of $834,582.

What are the five most expensive cities to live in in the US? ›

Most Expensive Places to Live in the U.S. in 2023-2024
  • San Diego, CA.
  • Los Angeles, CA.
  • Honolulu, HI.
  • Miami, FL.
  • Santa Barbara, CA.
  • San Francisco, CA.
  • Salinas, CA.

What are the 3 most expensive places to live in the world? ›

Singapore and New York City tied for the first rank amongst the world's most expensive cities in 2022, pushing Israel's Tel Aviv from the first place in 2021 to the third place in 2022. Both these cities had high inflation and a strong currency. Surprisingly, this is the Big Apple's first time atop the ranking.

Where is the most expensive place? ›

1. Singapore (tie): The city-state has topped the list several times before, but shares its dubious distinction in 2022. Most expensive cities for 2022: The annual Economist Intelligence Unit (EIU) list of expensive cities puts Copenhagen, Denmark, in 10th place. 9.

Where are the most expensive cities to live in? ›

Tied with New York, Singapore often tops the list.

What is the #1 most expensive city in the US? ›

1. Manhattan, New York
Cost of living:127.7% above U.S. average
Borough population:1,576,876
Median household income:$84,435
Median home value:$940,900
Unemployment rate:4.8%
Apr 15, 2023

Where is the most expensive housing located? ›

1. New York City, New York
  • Population: 8,467,513.
  • Median Household Income: $67,046.
  • Median Home Price: $850,793.
  • Median Monthly Rent: $1,489.
Feb 24, 2023

Where are the most expensive homes located? ›

1. The Penthouse at Central Park Tower, New York — $250 Million. Call it a coincidence, but the most expensive home in the world is perched atop the world's tallest residential building on New York City's Billionaires' Row.

Why is California the richest state? ›

Agriculture is one of the prominent elements of the state's economy: California leads the nation in the production of fruits, vegetables, wines and nuts. The state's most valuable crops are cannabis, nuts, grapes, cotton, flowers, and oranges. California produces the major share of U.S. domestic wine.

What is the most expensive area in Los Angeles? ›

Beverly Hills ranked among America's most expensive neighborhoods. It was the most expensive in the Golden State. LOS ANGELES - Beverly Hills was just named the "most expensive" neighborhood in California and among the priciest in the United States.

What is the richest neighborhood in Los Angeles? ›

1. Bel-Air. The richest neighborhood in Los Angeles is Bel-Air. Making its claim to fame on the popular series The Fresh Prince of Bel Air, this neighborhood is located directly across from Sunset Boulevard and is considered one of the most exclusive residential areas in Los Angeles.

What's the most expensive city? ›

These are the world's top 20 most expensive places for expats to live (with the 2022 rankings in parentheses):
  • New York, US (2022 ranking: 2)
  • Hong Kong, China (1)
  • Geneva, Switzerland (3)
  • London, UK (4)
  • Singapore (13)
  • Zurich, Switzerland (7)
  • San Francisco, US (11)
  • Tel Aviv, Israel (6)
1 day ago

Which city has the most expensive property? ›

Monaco holds on to its title as the most expensive residential market globally.

What are the 10 highest cost of living states? ›

States With Highest Cost of Living

The ten states with the highest cost of living are Hawaii, Massachusetts, California, New York, Alaska, Maryland, Oregon, Connecticut, New Hampshire, and Vermont. Hawaii is the state with the highest cost of living in the US, with a cost of living index of 184.

Where is the most expensive state to live? ›

Hawaii. Hawaii is truly a paradise, but it is also the most expensive state in America to live in. The cost of living in Hawaii overall is 86% higher than the national average, and the cost of housing in Hawaii is a jaw-dropping 207% above the national average.

Is New York more expensive than California? ›

Which City Is More Affordable: Los Angeles or New York City? Both NYC and LA are among the most expensive cities in both the U.S. and the world. However, the average cost of living in LA is also 24-27% lower than that of NYC.

Is New York City the most expensive city in the world? ›

For the first time ever, New York City is the most expensive city in the world sharing the top spot with Singapore, according to the Economist Intelligence Unit annual survey. Both cities have bumped last year's most costly city, Tel Aviv, down to third place in the survey's top 10 most expensive cities list.

What is the most expensive city in North America? ›

New York has always been expensive, but in 2022 it became the joint-most expensive city in the world—alongside Singapore—according to a survey by EIU, our sister company. The story on America's west coast is similar: Los Angeles shares the fourth spot with Hong Kong.

What is the most expensive city to live in the world 2023? ›

New York

What is one of the most expensive place? ›

Hong Kong. Hong Kong, located in southeastern China, tops the list as the world's most expensive city. With sky-high prices for accommodation, restaurants, and necessities like milk and bread, the city's cost of living is notoriously high.

What is the most expensive place to visit? ›

The study ranks the world's least and most affordable places to travel, based on average hotel and food prices, transportation costs, and attraction prices. Top of the list for expensive getaways is Monaco, which Traveller's Elixir suggests will set you back $2,258 (£1,805) for a five-day trip.

Where is the best place to live in the world? ›

  • Sweden. #1 in Quality of Life. #5 in Best Countries Overall. ...
  • Denmark. #2 in Quality of Life. #10 in Best Countries Overall. ...
  • Canada. #3 in Quality of Life. ...
  • Switzerland. #4 in Quality of Life. ...
  • Norway. #5 in Quality of Life. ...
  • Finland. #6 in Quality of Life. ...
  • Germany. #7 in Quality of Life. ...
  • Netherlands. #8 in Quality of Life.

Is Florida expensive place to live? ›

The cost of living in Florida is 1% higher than the national average. Housing is 4% higher than the national average, while utilities are 1% higher. When it comes to basic necessities such as food and clothing, groceries are around 2% lower than in the rest of the country, while clothing costs 2% lower.

What is the most expensive thing in the world? ›

International Space Station: $150 Billion

The most expensive thing in the world is related to the Universe and it is the International Space Station. The amount which has gone towards its existence in terms of building and designing is $150 billion.

What state has the richest neighborhoods? ›

California remains the home of some of America's wealthiest areas, with the Silicon Valley town of Atherton ranking as the priciest ZIP code in the country, with a $7.4 million median home value, according to Zillow.

What's the most expensive suburb in America? ›

Key Findings. The Manalapan neighborhood of Florida is America's most expensive, with homes averaging $39,761,000. The neighborhood of Snowmass is Colorado's most expensive and the third most expensive in the U.S. (average $23,568,750).

What is the wealthiest ZIP code in the United States? ›

1: Atherton, Calif. (94027)

What is the nicest neighborhood in the United States? ›

Chesterbrook, Pennsylvania, is the No. 1 best place to live in America for the fourth year in a row. The Philadelphia suburb is known for its high-ranking education system.

What is the richest neighborhood in the world? ›

Atherton, California

According to the BBC, in 2020, Atherton was the wealthiest town in the U.S. The small village houses some of the most prominent millionaires of Silicon Valley. It is difficult to find a property in the area for less than 2.5 million dollars, and the average price is 10.7 million.

What is the richest place to live in the world? ›

New York City

The Big Apple is home to 340,000 millionaires, 724 centi-millionaires, and 58 billionaires. It is the financial center of the USA and the wealthiest city in the world by several measures. It is also home to the world's two largest stock exchanges by market cap (the NYSE and the Nasdaq).

What is a rich neighborhood called? ›

/ˈæfluənt/ Other forms: affluents; affluently. You know you're driving through an affluent neighborhood when you see large houses, perfect landscaping, and expensive cars. Use affluent to describe wealthy people or areas.

What is the richest county in America? ›

The five richest counties in the U.S. (No. 1 being richest), based on our combination of factors, are: Falls Church, Virginia. Loudoun County, Virginia.

Is Beverly Hills the most expensive city? ›

LOS ANGELES - Beverly Hills was just named the "most expensive" neighborhood in California and among the priciest in the United States.

Why is Beverly Hills so expensive? ›

If you compare Beverly Hills to other cities, it is much better designed and has significantly better infrastructure. That is one of the primary reasons Beverly Hills is so costly. Furthermore, many houses have some kind of historical significance attached to them, making them even more valuable and valuable.

What is the 1st richest neighborhood in the US? ›

The richest neighborhood in America is Loyola, California. The average household income in Loyola is $326,069, with the median income a little lower at $246,563. The median listing price is $3,899,000. Loyola also borders Los Altos Hills, which is one of the richest towns in America.

What is the safest ZIP code in America? ›

The best zip codes, according to Niche, are:
  • 48084 in Troy, Mich.
  • 10001 in New York City.
  • 46032 in Carmel, Ind.
  • 19003 in Ardmore, Pa.
  • 48864 in Okemos, Mich.
Mar 17, 2022

What ZIP code has the highest cost of living? ›

Most expensive ZIP codes in the U.S.

The most expensive ZIP code in terms of home values for all homes in the U.S. is 94027, in Atherton, California, with a 12-month average value of more than $7.7 million.

What is the #1 place to live in America? ›

Green Bay, Wisconsin, jumped two spots to become the best city to live in for 2023, according to the publication's annual ranking.

What is the number 1 place to live in the US? ›

Topping the 2023-24 list: Green Bay, Wisconsin. The magazine called Green Bay "The perfect mix of big-city amenities complemented with a Midwestern, small-town feel."

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