The 20 Wealthiest Zip Codes in California

This 4-bed home in Beverly Hills, California, 90210 costs $6,995,000. Published in the Robb Report, French Elle, and most recently in the California Homes Magazine. This internationally praised Architectural masterpiece is cleverly designed and sculpted into the hillside Michael Wilkerson- 360 Listing LA/Vista Sotheby’s International Realty

California's most exclusive areas are getting even more expensive in 2021.

But Zillow data shows demand for homes in the state's traditional property hotspots has somewhat cooled during the coronavirus pandemic.

Jeff Tucker, a senior economist at the property site, told Newsweek: "The Great Reshuffling we've seen over the course of the pandemic has offered newly remote workers an opportunity to live and work from anywhere.

"This has reduced high-salaried employees' need to live within a short commute to their offices while providing plenty of buying power elsewhere.

"The cooling trend in former growth leaders San Francisco and San Jose was accelerated by the pandemic, while relatively affordable and sunny cities like Austin and Phoenix took growth into overdrive."

A recent Zillow study revealed San Francisco and Los Angeles were two of the top-five major metros in the U.S. for net out-migration—areas that more households moved out than in.

Austin meanwhile, was among the top-five metros for net-inbound moves, with Los Angeles, San Jose and San Francisco as top feeder cities.

Below, reveal the top 20 zip codes in California, according to the Zillow Home Value Index, as measured in April 2021.

ZHVI reports the weighted average of Zillow's estimate of home value for the middle third of homes. The average property price for California in April 2021 was $654,629.

$3,122,909

Southern California's coastal city of Newport Beach is perhaps best known for its upscale shopping and expensive restaurants situated close to the Pacific.

The area is one of California's biggest winners in the recent 12 months, with houses in the Zip Code growing 9.2 percent in value alone.

19. Tiburon 94920

$3,129,693

This area of Tiburon lies close to a popular tourist destination considered small, safe and clean, while boasting incredible views of the ocean.

Zip code 94920 has also performed exceptionally well in early 2021, with homes now considered to be worth on average 9.5 percent more.

18. Saratoga 95070

$2,925,369

Sat on Silicon Valley's edge is Saratoga, loved by locals for its suburban small-town atmosphere, expensive wineries, and high-end restaurants.

Homeowners in Saratoga 95070 will have seen gains in the property this last year, with a reported 7.7 percent rise in values.

17. Newport Beach 92662

$3,153,457

View this post on Instagram
A post shared by Newport Beach, CA (@newportbeach)

Zip code 92662 is the second of four entries for California's Newport Beach in this list.

This entry has seen an impressive 7 percent gains in average house price value lately.

16. Stanford 94305

$3,272,747

Perhaps best known for its world-leading university, Stanford in Santa Clara County is considered one of the best places to live in California.

Although property in the zip code made money, this only amounted to 1.4 percent on average.

15. Stinson Beach 94970

$3,275,561

The zip code lies next to the beautiful Californian white sandy shore and is known as one of the area's best-kept secrets.

The population of only 600 have likely enjoyed many of their house prices shooting up by an incredible 14.4 percent this past year, although this figure may be warped by the smaller sample size of houses for sale.

14. Newport Beach 92657

$3,298,208

The town of Newport Beach belongs to the Metro of Los Angeles-Long Beach-Anaheim, which has seen the joint-highest rise in property wealth, of 10.4 percent.

Zip code 92657, Newport Beach, boasts a cool rise of 8.8 percent residential value in the past 12 months.

13. Newport Beach 92661

$3,348,397

This report's final Newport Beach inclusion concerns zip code 92661, which has seen a rise of 8.7 percent in this recent period.

Newport Beach 92661 — This 5-bed home in Newport Beach, California, 92661 is listed for $4,595,000. Just past the end of the boardwalk at the quiet side of the strand this large scale single family residence presents the perfect remodel or reconstruction opportunity Modern Take for Pacific Sotheby’s International Realty

12. Los Angeles 90272

$3,370,039

Pacific Palisades is a celebrity-packed neighborhood in the Westside region of Los Angeles, situated 20 miles west of downtown L.A.

Boasting an approximate population of 22,000 people, this area saw a rise of 2.8 percent in the value of their home in the past 12 months.

11. Ross 94957

$3,403,359

Situated so close to a wooded reserve reportedly gives a rural feel to those lucky enough to be living in Ross.

Zip code 94957 has in the past 12 months seen an average rise of 14.9 percent alone—the largest gains in this rundown.

10. Palo Alto 94304

$3,404,108

Palo Alto, the so-called "birthplace of Silicon Valley" is based a few miles more inland than most of these other entries.

Zip code 94304 has seen a drop of 2 percent in house prices, during the duration examined in the report.

9. Montecito 93108

$3,490,014

This 6-bed gated property in Montecito, California, 93108 costs $17,900,000 David Palermo for Sotheby’s International Realty

Spanish for "little mount", Montecito is known for its beautiful homes and some of California's most stunning stretches of coastline.

Zillow has learned Montecito zip code 93108 has made astonishing property value gains of 12.7 percent in the past year.

8. Los Altos 94024

$3,516,057

Athletes, actresses and reportedly a Google CEO all call the neighbourhood of Los Altos home.

Property in zip code 94024 has made an average 5 percent rise in the past 12 months.

7. Malibu 90265

$3,552,485

This area of ritzy California beach city Malibu is reportedly teeming with wealth and some of the biggest names in Hollywood.

With access to everything from inland trails to canyons and waterfalls, Malibu zip code 90265 has seen an impressive 7.2 percent rise in property prices in recent months.

6. Portola Valley 94028

$3,678,709

This 5-bed property in Portola Valley, California, 94028 is listed for $6,850,000. The ranch-style home is on a flat, sunny acre remodeled with designer elements to create an effortless indoor/outdoor lifestyle Russell Abraham for Golden Gate Sotheby’s International Realty

Portola Valley is a suburb of San Jose and is considered one of the best places to live in California—with a hefty price tag to match.

Zip code 94028 has experienced the report's most significant property prices fall, of 2.3 percent.

5. Los Altos 94022

$3,973,610

This 4-bed in Los Altos, California, 94022 costs $5,385,000. Newly built in 2007, & extensively remodeled since then, this classic home is perfectly located just one block from all the amenities in the Village Nate Donovan for Golden Gate Sotheby’s International Realty

Translated from Spanish as "the heights," Los Altos in the northern Silicon Valley is regarded as a home to the super rich and famous.

The Los Altos' 94022 zip code enjoyed a 2.2 percent rise in average property prices in the past 12 months.

4. Palo Alto 94301

$4,005,908

This 6-bed architecturally stunning Hamptons-style new construction in Palo Alto, California, 94301 is listed for $20,000,000 Bernard Andre for Golden Gate Sotheby’s International Realty

This pocket of Palo Alto overlooks the famous San Francisco Bay Area.

Zip code 94301 is the first in the list to feature a house average topping $4 million. That represents a decline of approximately 1.5 percent year-on-year.

3. Santa Monica 90402

$4,332,569

This section of coast west of downtown L.A., has made Santa Monica an attraction for many legendary celebrities.

Property in zip code 90402 has increased in value by 3.5 percent over recent months.

2. Beverly Hills 90210

$5,513,963

The zip code 90210 is located in the Reno metro area, known for the hit teen TV show, its manicured streets and the Greystone Mansion, where countless movies have been filmed.

This legendary zip code finds average property prices surpassing $5.5 million, and these values have recently increased by more than 5 percent.

1. Atherton 94027

$6,800,206

The area of Atherton, population 7,371, is the wealthiest zip code in the state, with residents reportedly including the former HP CEO Meg Whitman, Google chairman Eric Schmidt and the late Microsoft co-founder Paul Allen.

Average house prices in this idyllic town cost more than $6.8 million and have fallen just 0.3 percent in the past 12 months.

It is thought tech billionaires are drawn to this specific area due to the ritzy town's prestige, privacy and proximity to major Silicon Valley companies.

20. Newport Beach 92625