Real Estate

Manhattan Beach Among Wealthiest Zip Codes In The Nation

The city tied with Malibu and Palo Alto in Property Shark's annual ranking.

MANHATTA BEACH, CA — Manhattan Beach was ranked as one of the most expensive zip codes in the country last year, according to Property Shark.

The beach city's 90266 zip code came in at 27th place—tied with Malibu and Palo Alto with a median listing price of $2.5 million, according to the real estate website.

Los Angeles County reported 23 of the most expensive zip codes, the highest concentration at the county level in the nation.

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The country’s top 100 most expensive zip codes were located in 11 states.

Media, Washington, with zip code 98039, ranked ninth with a median sales price of $3.225 million. It was the only city outside of California and New York to rank in the top 20.

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Property Shark based its rankings on residential transactions that were closed between January 1 and October 15 of 2020. The research reviewed condos, co-ops, and single- and two-family homes.

The study only considered zip codes that registered a minimum of three residential transactions. Due to a number of ties, 121 zip codes made it onto the list.

Property Shark is a real estate data provider of in-depth information on any US property, commercial or residential.


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