10 Most Expensive ZIP Codes in San Francisco

California has some of the most expensive ZIP codes in the country, according to a recent report from business magazine Forbes and housing-market-data provider Altos Research. To find the priciest enclaves, Altos analyzed listing prices for single-family homes and condos in 29,500 ZIP codes across the U.S. (covering 95% of the population) and calculated a median, rolling average for a 90-day period ending Oct. 9, 2015. The 500 most expensive ZIP codes in the country made the list.

San Francisco 94123

Three of the top 10 – and 12 of the top 25 – most expensive ZIP codes are found in California. In San Francisco, ZIP code 94123 leads the pack with a median home price of $4,124,485. At that price buyers might expect to find a limited selection of four bedroom/bath condos, co-ops and apartments in the more-than-3,000-square-feet range with hardwood floors, off-street and/or garage parking, landscaped yards and outdoor patios.

If you’re in the market for luxury, you could certainly spend more. The most expensive home on the market today is listed at $28.5 million. This 16,000 square-feet mansion has seven bedrooms, 9.5 baths, eight marble fireplaces, marble countertops in the kitchen, a formal dining room, stained glass, elevator, four-car garage and a huge roof-top deck with views of the Golden Gate Bridge.

Though you might expect homes in the $4 million price range to sit on the market for a while (there is, after all, a relatively small pool of buyers who can afford those properties), homes in 94123 typically sell in under two months. And that’s a trend that holds true for a lot of San Francisco’s most expensive ZIP codes. In fact, homes in four of the top 10 ZIPs (including 94118, 94114, 94131 and 94127) normally sell within one month. You have to be fast to buy in these markets.

San Francisco’s Top 10

In addition to ZIP code 94123, other San Francisco ZIPs are well represented on Forbes’ America’s Most Expensive ZIP Codes list for 2015. Here are the city’s top 10, along with the median home price and the average number of days on the market (according to the Forbes list). The median household income is from Esri (the Environmental Systems Research Institute), a company that provides maps, data and apps through geographic information systems.

1. 94123 – San Francisco

Median Price: $4,124,485

Average Days on Market: 48

Median Household Income: $113K

2. 94133 – San Francisco

Median Price: $3,067,560

Average Days on Market: 92

Median Household Income: $50K

3. 94904 – Kentfield

Median Price: $2,650,692

Average Days on Market: 107

Median Household Income: $101K

4. 94115 – San Francisco

Median Price: $1,858,373

Average Days on Market: 39

Median Household Income: $76K

5. 94118 – San Francisco

Median Price: $1,803,467

Average Days on Market: 22

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