Medina, WA ranked most expensive US housing market outside California
SEATTLE - Medina is home to just under 3,000 people, but they have a lot of money. The city's billionaire residences have helped catapult the area to one of the most expensive places to buy a home in the United States.
The "typical home value" in Medina is $4,463,121, according to a new report by The Business Journals.
ZIP code 98039 is home to some of the world's richest tech leaders, including Jeff Bezos (Amazon) and Bill Gates (Microsoft).
Washington median home prices 50% above national average
We know home prices in Washington are high, but a new Redfin report is showing us more about how the numbers actually stack up on a national scale.
March 2024 data points to ZIP code 94027 in the San Francisco Bay Area as the single most expensive market in the country, with a typical home value of $7,711,460.
Joining Atherton, near the top were four other California ZIP codes:
- Beverly Hills - 90210 ($5,485,045),
- Los Altos - 94022 ($4,900,254),
- Newport Coast - 92657 ($4,788,812) and
- Santa Barbara - 93108 ($4,700,895)
The only other ZIP code in the top ten most expensive list that is outside of California is Water Mill just outside of New York (11976).
There, the typical home costs $4,390,489.
MORE TOP HEADLINES FROM FOX 13:
Seattle police lieutenant hit with retaliation after enforcing accountability
Blind man attacked with his own cane, stabbed inside Seattle apartment
Flooded Seattle townhome leads to discovery of homicide victim
'Belltown Hellcat' arrested for Renton, WA warrant; judge sets new $15K bail
San Juan County Sheriff outraged over ferry captain comment
Costco is changing the way members enter the warehouse
'It's unbelievable'; Kent woman describes burglary, seeks justice
To get the best local news, weather and sports in Seattle for free, sign up for the daily FOX 13 Seattle newsletter.