MD Zip Code Among 100 Most Expensive In The U.S.

ANNAPOLIS, MD — One Maryland ZIP code is included in real estate data provider PropertyShark's 2019 ranking of the 100 most expensive areas in the United States. It's a private, gated enclave with seven miles of shoreline on the western shore of Chesapeake Bay.

PropertyShark compiles the annual list by using closed sale home prices as opposed to asking prices. Although California and New York State completely dominated 2019’s top 100, isolated pockets of extreme affluence and luxury real estate meant that the zip codes of nine additional states made the ranking zips, including one Maryland locale.

The No. 1 most expensive ZIP code on the list was in Atherton, California. The 94027 ZIP code set a historic high, making 2019 the first year in which a median sale price surpassed $7 million. Sagaponack, New York’s 11962 repeated from last year as the No. 2 most expensive U.S. zip code in 2019 with a median sale price of $4.3 million.

Up two positions from last year, Santa Monica, California’s 90402 was the No. 3 most expensive zip code with a median sale price of $4.154 million.

The Maryland ZIP code that made the list at No. 100 is Gibson Island, Maryland’s 21056, which had a median sale price of $1,401 million. Last year the island ranked No. 68 on the list with a median sale price of $1,643,750.

According to the Gibson Island website, it measures three miles by two miles at its widest part, and covers about 1,000 acres. About two-thirds of the island is devoted to open space, natural forest, a bird sanctuary and recreation.

These are the top 10 most expensive zip codes in the country:

1. 94027 in Atherton, CA with a median sale price of $7.05 million
2. 11962 in Sagaponack, NY with a median sale price of $4.3 million
3. 90402 in Santa Monica, CA with a median sale price of $4.154 million
4. 90201 in Beverly Hills, CA with a median sale price of $4.08 million
5. 10007 in New York, NY with a median sale price of $3.9 million
6. 02199 in Boston, MA with a median sale price of $3.669 million
7. 94301 in Palo Alto, CA with a median sale price of $3.522 million
8. 10013 in New York, NY with a median sale price of $3.515 million
9. 94022 in Los Altos, CA with a median sale price of $3.45 million
10. 94957 in Ross, CA with a median sale price of $3.35 million

Branded as a family-oriented community of about 200 homes, the island touts miles of quiet roads for bicycling and jogging. Residents can enjoy kayaking, canoeing, fishing, windsurfing, and paddle boarding on a 44-acre fresh water lake. The Gibson Island Corporation maintains the Island's infrastructure including its roads, beaches and woodlands. The island is home to St. Christopher by the Sea, a non-denominational church, as well as the Gibson Island Historical Society and Salty Marks Museum.

The Gibson Island Club offers fine dining year-round in several venues, while members can use a nine-hole golf course, a nationally renowned Yacht Squadron, multiple tennis courts, and more amenities. Membership in the Gibson Island Club is by invitation only.

To determine the most expensive zip codes in the U.S., PropertyShark looked at residential transactions closed between Jan. 1, 2019, and Nov. 5, 2019, taking into account condo, co-ops, single- and two-family homes. All package deals were excluded, according to the site.

View the full list and read more at PropertyShark.com.