The state’s richest zip codes are all in East King County, home value study finds

Washington’s richest zip codes this year are all in the King County Eastside, according to a PropertyShark study.

The study was compiled by calculating median home selling prices based on deals made between January 1, 2021 and October 22, 2021, in each zip code.

Not only were the median house values ​​in Washington state ranked by zip codes, but the cost of homes was ranked by zip codes across the country.

Washington’s richest zip code, 98039 or Medina, not only has the state’s median most expensive home sale value with a median value of $ 4 million, but it also ranks tenth in codes. most expensive postage in the whole country. . According to the study, the median home value in that zip code increased 24% from the previous year.

Behind Medina is Mercer Island, 98040, which ranks 82nd in median sales of the most expensive homes in the United States with a median value of $ 1,795,000. In third place in the state, but not ranked in the nation’s top 100, is Sammamish, 98075, with a median home sale value of $ 1,513,000.

In fourth place in the state is the Bellevue zip code, 98004, with a median home sale value of $ 1,498,000, followed by the Kirkland zip code, 98033, with a median home value of $ 1,305,000. Woodinville’s 98007 is tied at the same median house value.

Bellevue and Sammamish both had postal codes ranked in the top 10 most expensive in Washington.

According to the study, California accounts for 70% of the most expensive housing markets, with 37% concentrated in the Bay Area alone. The most expensive in the country is in Atherton, Calif., With a median home value of $ 7,475,000, for reference.

Testifying to what has become an increasingly hot housing market, not only in our region but across the country, PropertyShark said the 10 most expensive zip codes in the country all top $ 4 million for the first time. times, and 30 of the 100 most expensive zip codes nationwide have medians above $ 3 million, more than double the areas in 2020.

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