- Florida’s Fisher Island (33109) leads the nation at a stunning $12.45 million median home price.
- California’s Bel-Air (90077) and New Jersey’s Alpine (07620) follow closely behind, with homes often exceeding $9 million.
- Even smaller markets like Ogunquit, ME and Cashiers, NC show strong luxury demand, reflecting the nationwide surge in remote work migration.
- Mountain and coastal enclaves dominate — from Park City, UT to Big Sky, MT — showing that lifestyle appeal continues to outweigh density.
Where do America’s most expensive homes sit today? From Beverly Hills to Bridgehampton and beyond, the U.S. housing market continues to reveal how drastically home values vary across regions. Realtor.com’s 2025 data shows that even in smaller states, exclusive enclaves are commanding multi-million-dollar price tags.
Below is a state-by-state breakdown of the most expensive ZIP codes in America, based on median list price data for 2025.
America’s luxury housing market remains fiercely regional — with sky-high prices clustering in established enclaves like Los Angeles, Miami Beach, and the Hamptons. Yet the spread of million-dollar ZIPs into states like Utah, Tennessee, and Idaho underscores how the geography of wealth is changing fast.
