Malibu 90265 Among Priciest Zip Codes In The US

MALIBU, CA — Malibu has one of the priciest zip codes in the U.S., according to Property Shark's annual ranking of the 100 priciest zip codes in the U.S.

At a $2,500,000 median sale price, Malibu is ranked 27th on the 2020 list of most expensive zip codes in the United States. The price rose 25 percent from 2019, when the median sale price was listed at $2,000,000 and the zip code was ranked 39th. This makes 90265 a zip code where prices are increasing the fastest, according to Property Shark.

California remains the nation's most expensive housing market, and Los Angeles County has the highest concentration of expensive zip codes, with 23 zip codes ranked.

Metro L.A., the Bay Area, and the New York metropolitan area account for 103 of the most exclusive zip codes in the U.S. The city of Los Angeles had the third-highest number of expensive zip codes, ranking nationally at seven.

Check out 2019's rankings here.

Property Shark Methodology

"To determine the most expensive zip codes in the U.S., we looked at residential transactions closed between January 1, 2020, and October 15, 2020, taking into account condos, co-ops, and single- and two-family homes. All package deals were excluded.

For an accurate representation, we considered only zip codes that registered a minimum of three residential transactions. Due to a number of ties, 121 zip codes made it onto our list of the 100 most expensive zip codes in 2020.

2019 and 2020 median sale price were rounded to the closest $1,000.

The Bay Area was defined as Alameda, Contra Costa, Marin, Napa, Santa Clara, San Francisco, San Mateo, Sonoma and Solano counties; the Los Angeles metropolitan area was defined as Los Angeles County and Orange County; and the 23-county New York metropolitan area was defined as NYC, Long Island, the Mid- and Lower Hudson Valley, Central and Northern New Jersey, Western Connecticut and Pike County, Pennsylvania."

U.S. Regions and Divisions were defined per U.S. Census Bureau designations.

— Patch staffer Nicole Charky and Property Shark contributed to this report.