The typical home in America’s most expensive neighborhood is worth $23.3 million. It is not in Beverly Hills, and it is not in the Hamptons.
We ranked more than 21,000 US suburbs and neighborhoods by typical home value, using Zillow’s latest data (August 2026). It now takes $4.3 million just to make the top 50. Along the way, you will find the street where Steve Jobs lived, the island where Al Capone died, the golf club Jack Nicklaus founded, and Mark Zuckerberg’s neighborhood.
We start at #50 (the “cheapest”) and count down to #1. Each entry comes with the typical home value, how much it changed, a price chart and a photo of the area.
What to look out for
The countdown: #50 to #1
#50. Triangle South, Saratoga, CA: the $4.3 million entry ticket

It takes $4.3 million just to get onto this list, and Triangle South sits right on that line. This quiet corner of Saratoga, at the foot of the Santa Cruz Mountains, has big lots, oak trees and top-rated schools. Values are up 4.5% in a year and have roughly doubled since 2016. Villa Montalvo, the arts center in the hills above town, is worth the drive.
Typical home value: $4.30 million | 1-year change: +4.5% | 10-year change: +102.3%

#49. Malibu Park, Malibu, CA: horse country by the beach

Zuma Beach, big lots and horses in the backyard: Malibu Park is the western end of Malibu, where the roads are quieter and the views wider. The typical home is worth $4.3 million, barely changed since its late 2023 peak. Over ten years, though, values have more than doubled (+118%). Buyers here pay for space and ocean views, not a famous address.
Typical home value: $4.30 million | 1-year change: +3.8% | 10-year change: +118.2%

#48. Estancia, Scottsdale, AZ: the only desert address on the list

Estancia is the only desert entry. This gated golf community sits at the base of Pinnacle Peak in north Scottsdale, surrounded by Sonoran Desert boulders. The typical home is worth $4.4 million, up 3.9% in a year and 92% since 2016. It is one of the few inland places on a list dominated by waterfront addresses. The Pinnacle Peak trail is next door.
Typical home value: $4.42 million | 1-year change: +3.9% | 10-year change: +91.7%

#47. Felton Gables, Menlo Park, CA: a handful of streets, $4.5 million a home

Felton Gables is barely a handful of streets, tucked against the Atherton border in Menlo Park, yet the typical home here is worth $4.5 million. Large traditional houses sit under mature oaks. Values rose 10.3% in a year and 45% since 2016, because prices were already very high a decade ago. Downtown Menlo Park and the Caltrain station are a short walk away.
Typical home value: $4.46 million | 1-year change: +10.3% | 10-year change: +45.4%

#46. Bay Colony, Fort Lauderdale, FL: a private dock behind almost every house

In Bay Colony, the backyard usually ends at a boat dock. This gated Fort Lauderdale community lines the Intracoastal Waterway, with deep water and direct access for large boats. The typical home is worth $4.6 million, up 5% in a year and more than double its 2016 value (+106%). It is one of three Fort Lauderdale neighborhoods on the list.
Typical home value: $4.56 million | 1-year change: +5.0% | 10-year change: +105.7%

#45. Jordan Jr. High School, Palo Alto, CA: named after a school that changed its name

Zillow still calls this Palo Alto neighborhood after Jordan Middle School, but the school has not carried that name since 2018, when it was renamed Frank S. Greene Jr. Middle School. The schools here are among California’s best. The typical home is worth $4.6 million, up 5.9% in a year and 50% since 2016, though values are still below their 2022 peak.
Typical home value: $4.61 million | 1-year change: +5.9% | 10-year change: +50.4%

#44. Community Center, Palo Alto, CA: Palo Alto’s Spanish Revival heart

Named after the Lucie Stern Community Center and Rinconada Park, this central Palo Alto neighborhood is full of Spanish Revival and Craftsman homes within walking distance of downtown. The typical home is worth $4.6 million, up 10.4% in a year. Long-term growth is modest (+42% since 2016) because prices were already sky-high a decade ago.
Typical home value: $4.63 million | 1-year change: +10.4% | 10-year change: +41.6%

#43. Glen Una, Saratoga, CA: wooded hills and valley views

Glen Una is a hillside Saratoga neighborhood with winding roads, wooded lots and views over the Santa Clara Valley. It is one of three Saratoga neighborhoods in the top 50. The typical home is worth $4.6 million, up 7.6% in a year and 83% since 2016. Saratoga Village, with its wine bars and restaurants, is a few minutes away.
Typical home value: $4.63 million | 1-year change: +7.6% | 10-year change: +83.4%

#42. Coral Cay, Huntington Beach, CA: a boat dock at almost every back door

On Coral Cay, almost every home backs onto a channel with its own boat dock, minutes from the open Pacific. It is one of the man-made islands of Huntington Harbour, in Huntington Beach. The typical home is worth $4.7 million, up 6.4% in a year but still slightly below its recent peak. Come in December for the Cruise of Lights boat parade.
Typical home value: $4.67 million | 1-year change: +6.4% | 10-year change: +82.6%

#41. Nurmi Isles, Fort Lauderdale, FL: every street ends at the water

On Nurmi Isles, every street ends at the water. It is one of the Las Olas Isles, the finger islands off Las Olas Boulevard between downtown Fort Lauderdale and the beach, and most homes have private docks. The typical home is worth $4.7 million, up 4% in a year and 85% since 2016. Shops and restaurants on Las Olas are steps away.
Typical home value: $4.70 million | 1-year change: +4.0% | 10-year change: +85.2%

Still to come: two San Francisco neighborhoods that jumped more than 20% in a year, a ski neighborhood where snowboards are still banned, and the neighborhood where Steve Jobs lived.
#40. Seven Isles, Fort Lauderdale, FL: built for big yachts

Seven Isles was made for yachts. This Fort Lauderdale neighborhood is a set of narrow islands off the Intracoastal Waterway, north of Las Olas Boulevard, with deep water and wide canals that suit large boats. The typical home is worth $4.7 million, up 10.8% in the last year and more than double its 2016 value (+112%). That puts it ahead of several Silicon Valley neighborhoods. The islands are residential and quiet, so a boat tour along the Intracoastal is the best way to see them, and a great way to see the rest of Fort Lauderdale too.
Typical home value: $4.73 million | 1-year change: +10.8% | 10-year change: +112.4%

#39. Harbor Acres, Sarasota, FL: one of the worst years on the list

Harbor Acres had one of the worst years on the list: values rose just 1.2%, and they are still below their recent peak. This small waterfront neighborhood sits on Sarasota Bay just south of downtown, with bay-front and canal homes looking across the water at the Sarasota skyline. The typical home is worth $4.8 million, and over ten years values are still up 88%. It is the only Sarasota neighborhood on the list. Downtown Sarasota, St. Armands Circle and the beaches of Lido Key are all a short drive away.
Typical home value: $4.75 million | 1-year change: +1.2% | 10-year change: +88.5%

#38. Campanil, Santa Barbara, CA: a bigger 10-year gain than all of Silicon Valley

Campanil has gained more over ten years than any Silicon Valley neighborhood on this list: +135% since 2016. The typical home in this Santa Barbara neighborhood is now worth $4.8 million, up 11% in twelve months. It is the only Santa Barbara entry. The city’s mix of Spanish Colonial architecture, mountains and beaches keeps drawing buyers from Los Angeles and beyond, and prices have followed. If you visit, Mission Santa Barbara, founded in 1786, is a must-see, and the Funk Zone near the beach is full of wine tasting rooms.
Typical home value: $4.80 million | 1-year change: +11.0% | 10-year change: +135.2%

#37. Sea Cliff, San Francisco, CA: Golden Gate views and a 24% jump

Sea Cliff jumped 24% in a year, one of the two biggest gains on the list. This San Francisco neighborhood sits above Baker Beach and China Beach, with direct views of the Golden Gate Bridge. The typical home is now worth $4.8 million. Its ten-year gain is a more modest 42%, because San Francisco prices dipped after 2022. The AI boom has brought money back to the city, and big homes with ocean views like these are among the first to benefit. Lands End, with its coastal trail, is right next door.
Typical home value: $4.83 million | 1-year change: +24.0% | 10-year change: +41.8%

#36. Loyola, Los Altos, CA: big lots and top schools

Loyola is a residential corner of Los Altos, named after Loyola Corners, its small commercial hub. It is known for generous lots, ranch-style homes and modern rebuilds, and highly rated schools that keep families coming. The typical home is worth $4.9 million, up 6.6% in a year and 86% since 2016. That long-term gain is one of the best in Silicon Valley. Downtown Los Altos, with its Main Street cafés and summer farmers market, is a short drive away and worth a visit on a trip to the Bay Area.
Typical home value: $4.86 million | 1-year change: +6.6% | 10-year change: +86.2%

#35. North of Montana, Santa Monica, CA: wide streets, five minutes from the beach

North of Montana had one of the biggest years in California: the typical home is now worth $5 million, up 15.9% in twelve months and 134% since 2016. This part of Santa Monica covers the streets from Montana Avenue up to San Vicente Boulevard, known for wide tree-lined sidewalks, large family homes and the boutiques and cafés of Montana Avenue. The beach is about five minutes away, which makes this one of the most livable addresses on the list. San Vicente’s grassy median is a favorite running route.
Typical home value: $4.96 million | 1-year change: +15.9% | 10-year change: +134.4%

#34. Presidio Heights, San Francisco, CA: +28.8%, the biggest jump on the list

No neighborhood on this list gained more in the last year than Presidio Heights: +28.8%. The typical home in this small San Francisco neighborhood is now worth $5 million. It borders the Presidio, the former army base turned national park, and its streets are lined with grand Edwardian and Victorian homes. Its ten-year gain is only 36%, because prices fell after 2022 before the AI boom revived them. Sacramento Street is the neighborhood’s main shopping strip, and the Presidio’s trails and views are a few minutes’ walk away.
Typical home value: $4.96 million | 1-year change: +28.8% | 10-year change: +36.3%

#33. Upper Deer Valley, Park City, UT: ski-in, ski-out, and no snowboards allowed

Ski-in, ski-out homes, and not a snowboard in sight: Deer Valley Resort is one of the few ski areas in the US that still bans them. Upper Deer Valley sits on its slopes above Park City, and it is the only Utah entry. The typical home is worth $5 million, up 7.6% in a year and 148% since 2016, one of the strongest long-term gains on the list. In summer, the area switches to mountain biking and outdoor concerts at Snow Park, and Park City’s Main Street is ten minutes down the hill.
Typical home value: $4.96 million | 1-year change: +7.6% | 10-year change: +147.8%

#32. The Oaks, Calabasas, CA: the gated hideaway in the hills

Privacy is the point in The Oaks, a gated community in the hills of Calabasas, at the western edge of Los Angeles County. Large estates and a long list of entertainment-industry residents have made it one of the most discreet addresses in Southern California. The typical home is worth $5.1 million, up 12.1% over the last year and 78% since 2016. Calabasas is quieter and greener than the Westside, with hiking in the Santa Monica Mountains nearby and the beaches of Malibu about 20 minutes away.
Typical home value: $5.09 million | 1-year change: +12.1% | 10-year change: +77.6%

#31. Admirals Cove, Jupiter, FL: +255% in ten years, the best on the list

No neighborhood on this list has done better over ten years than Admirals Cove: values are up 255% since 2016, from about $1.5 million to $5.2 million today. The last twelve months added another 11.1%. This gated golf and boating community in Jupiter, Florida sits on the Intracoastal Waterway, with its own marina, golf courses and many homes with private docks. It is one of two Jupiter neighborhoods in the top 50. The Jupiter Inlet Lighthouse, a short drive away, is open for climbs and has great views.
Typical home value: $5.20 million | 1-year change: +11.1% | 10-year change: +254.7%

Still to come: the garage where Silicon Valley was born, the beach where a famous TV detective parked his trailer, and the only neighborhood on this list where prices went down.
#30. Old Palo Alto, Palo Alto, CA: where Steve Jobs lived

Steve Jobs lived in Old Palo Alto for many years, and the neighborhood is still a favorite of tech founders and executives. It is one of the city’s most established areas, south of Embarcadero Road, with large lots and historic homes. The typical home is worth $5.3 million, up 9.4% in a year. Its ten-year gain (+38%) is one of the lowest on the list, a sign of how expensive it already was in 2016, and values are still below their 2022 peak. Stanford University is next door.
Typical home value: $5.29 million | 1-year change: +9.4% | 10-year change: +37.9%

#29. Point Dume, Malibu, CA: up 180% in ten years

Values on Point Dume have jumped 180% in ten years, one of the biggest gains in California. This headland in central Malibu has dramatic bluffs, sandy coves and some of the best whale watching on the coast, and its homes range from 1970s ranch houses to large modern estates. The typical home is worth $5.4 million, up 7.4% in a year but still under its late 2023 peak. Point Dume State Beach is open to the public, and the short hike to the top of the bluffs is worth it for the views alone.
Typical home value: $5.43 million | 1-year change: +7.4% | 10-year change: +180.1%

#28. Lacy Estates, San Marino, CA: next door to The Huntington

Lacy Estates is in San Marino, the small city that is home to The Huntington Library, Art Museum and Botanical Gardens. San Marino is known for its strict zoning and large, traditional homes on quiet streets in the San Gabriel Valley. The typical home in Lacy Estates is worth $5.4 million, up 7.7% in a year and 57% since 2016. Old Pasadena is a few minutes north. If you visit Los Angeles, a day in The Huntington’s gardens is one of the best things you can do.
Typical home value: $5.43 million | 1-year change: +7.7% | 10-year change: +57.3%

#27. Professorville, Palo Alto, CA: home of the garage where HP was born

Professorville is home to the garage on Addison Avenue where Hewlett-Packard was founded in 1939, often called the birthplace of Silicon Valley. The historic district near downtown Palo Alto was built in the late 1800s and early 1900s for Stanford faculty, and it is full of brown-shingle and Craftsman homes. The typical home is worth $5.4 million, up 11.7% in a year and 52% since 2016. A walk through the streets, ending at the HP garage, is a great free activity for anyone curious about tech history.
Typical home value: $5.44 million | 1-year change: +11.7% | 10-year change: +51.9%

#26. Newport Coast, Newport Beach, CA: the hills above Crystal Cove

From the hills of Newport Coast, many homes look straight down over Crystal Cove and the Pacific. This master-planned community in Newport Beach has gated neighborhoods, golf courses and the Pelican Hill resort. The typical home is worth $5.5 million, up 9.1% over the year and 133% since 2016. Crystal Cove State Park, with its restored beach cottages and tide pools, sits right below and is one of the best stretches of coast in Southern California. The Beachcomber restaurant sits right on the sand.
Typical home value: $5.53 million | 1-year change: +9.1% | 10-year change: +133.2%

#25. Crescent Park, Palo Alto, CA: Mark Zuckerberg’s neighborhood

Mark Zuckerberg is among the tech leaders who have bought homes in Crescent Park, a quiet neighborhood in north Palo Alto bordered by San Francisquito Creek. Its large lots and historic houses have made it one of the most sought-after addresses in Silicon Valley. The typical home is worth $5.6 million, up 10.8% in a year. Its ten-year gain (+45%) looks modest, but prices here were already among the highest in the country in 2016. Downtown Palo Alto and University Avenue are a short walk away.
Typical home value: $5.63 million | 1-year change: +10.8% | 10-year change: +44.7%

#24. Fruitvale West, Saratoga, CA: Saratoga’s priciest corner

Fruitvale West is the most expensive of Saratoga’s three neighborhoods on this list. It sits along Fruitvale Avenue, near West Valley College, with large lots and views of the foothills. The typical home is worth $5.7 million, up 5.8% in a year and 91% since 2016. Saratoga is also the gateway to Silicon Valley wine country: the Santa Cruz Mountains wineries along Pierce Road and Highway 9 are a short drive from here, and Saratoga Village has excellent restaurants.
Typical home value: $5.67 million | 1-year change: +5.8% | 10-year change: +90.8%

#23. Central Menlo Park, Menlo Park, CA: minutes from the money of Sand Hill Road

Central Menlo Park is a few minutes from Sand Hill Road, the street where many of the world’s best-known venture capital firms have their offices. The neighborhood covers the area around downtown and Santa Cruz Avenue, close to Stanford. The typical home is worth $5.7 million, up 13.7% over the last year, the strongest gain in Silicon Valley outside San Francisco. It is walkable, with restaurants and cafés downtown, and Caltrain connects it to San Francisco in under an hour.
Typical home value: $5.75 million | 1-year change: +13.7% | 10-year change: +56.9%

#22. Alys Beach, Inlet Beach, FL: the all-white town on 30A

White walls, white roofs and car-free walkways: Alys Beach is a planned town on Scenic Highway 30A in the Florida Panhandle, built in a Bermuda-inspired style that looks like nowhere else in the US. It is the only Panhandle entry on the list. The typical home is worth $5.9 million, up 6.1% in a year but still below its 2022 peak. The Fonville Press café, the beach and nearby Rosemary Beach and Seaside make 30A one of the best road trips in Florida.
Typical home value: $5.90 million | 1-year change: +6.1% | 10-year change: n/a (Zillow data starts Feb 2019)

#21. East Hampton Village, East Hampton, NY: the heart of the Hamptons

East Hampton Village is the historic heart of the Hamptons, with shingle-style estates, village greens, windmills and Main Beach, often ranked among the best beaches in the US. It is the only New York entry. The typical home is worth $6.1 million, up 2.2% in a year, and still slightly below where Zillow’s data for the village started in late 2023. Summer weekends are busy, so spring and fall are easier times to visit, when the village greens and the beach are quiet.
Typical home value: $6.05 million | 1-year change: +2.2% | 10-year change: n/a (Zillow data starts Nov 2023)

Still to come: the island where Al Capone died, the golf club Jack Nicklaus founded, and a neighborhood that costs more than $20 million.
#20. Estuary at Grey Oaks, Naples, FL: golf course living at $6 million a home

Estuary at Grey Oaks shows what $6 million buys inland in Naples: large new homes overlooking lakes and golf fairways, inside the gated Grey Oaks Country Club. The typical home is worth $6.1 million, up 3.8% in a year and 109% since 2016. Naples had a slower year than Miami overall. Downtown Naples, with Fifth Avenue South, Third Street South and the Naples Pier at sunset, is about ten minutes away, a few miles from the Gulf.
Typical home value: $6.06 million | 1-year change: +3.8% | 10-year change: +109.3%

#19. Old Palm, Palm Beach Gardens, FL: +149% in ten years

Values in Old Palm have jumped 149% in ten years, from about $2.5 million to $6.2 million, one of the best long-term gains on this list. This private golf community in Palm Beach Gardens has large estate homes around a championship course, and it is one of four Palm Beach County neighborhoods in the top 50. The last year added 4.2%. Juno Beach, Jupiter and the island of Palm Beach are all a short drive away, which makes it a good base to explore the area.
Typical home value: $6.21 million | 1-year change: +4.2% | 10-year change: +148.8%

#18. Hibiscus Island, Miami Beach, FL: one loop road and skyline views

Hibiscus Island has just one loop road, and most of its homes sit on the water with views of the Miami skyline or the cruise port. This small man-made island in Biscayne Bay, between Miami and Miami Beach, is reached by a short bridge from the MacArthur Causeway. The typical home is worth $6.8 million, up 12.6% in a year but still below its 2022 peak. Values have risen 81% since 2016. The best view of it is from a boat tour of Biscayne Bay.
Typical home value: $6.76 million | 1-year change: +12.6% | 10-year change: +81.1%

#17. Cocoplum, Coral Gables, FL: +15% in a year

Cocoplum gained 15.2% in a year, one of the strongest jumps in Florida. The typical home in this gated waterfront community in southern Coral Gables is now worth $6.8 million. Many homes sit on canals or directly on Biscayne Bay, with private docks. Zillow’s data for Cocoplum only goes back to late 2023, so there is no ten-year comparison. Nearby Matheson Hammock Park, with its atoll pool and mangroves, is a great spot for visitors and one of the best places in Miami to watch the sunset.
Typical home value: $6.84 million | 1-year change: +15.2% | 10-year change: n/a (Zillow data starts Nov 2023)

#16. Paradise Cove, Malibu, CA: where Jim Rockford parked his trailer

Paradise Cove is where Jim Rockford lived in his trailer in The Rockford Files, and this small Malibu beach cove has a long filming history. It is also known for the Paradise Cove Beach Café. The typical home is worth $6.9 million, up 3.8% in a year but still below its May 2022 peak, one of the longest flat runs in the top 20. The beach is privately owned but open to the public for a parking fee, and it is one of the prettiest in Malibu.
Typical home value: $6.93 million | 1-year change: +3.8% | 10-year change: n/a (Zillow data starts Aug 2021)

#15. Royal Palm Yacht & Country Club, Boca Raton, FL: a yacht club at the end of the street

At Royal Palm Yacht & Country Club, the yacht club is part of the neighborhood. This gated community in Boca Raton has deep-water canals, a private golf course and many homes with direct access to the Intracoastal Waterway and the Boca Raton Inlet. The typical home is worth $7 million, up 9.7% in a year and 146% since 2016. Mizner Park, with its restaurants and art museum, and the city’s beaches are a few minutes away, making it an easy stop on a South Florida trip.
Typical home value: $7.04 million | 1-year change: +9.7% | 10-year change: +146.4%

#14. Snapper Creek Lakes, Coral Gables, FL: private lakes in Coral Gables

Snapper Creek Lakes is a private gated community built around its own lakes and canals, on the south edge of Coral Gables, with access to Biscayne Bay. Lots are large, and the setting is green and very quiet. The typical home is worth $7.4 million, up 9.3% in a year. Zillow’s data here starts in late 2023, so there is no long-term comparison. It is one of four Coral Gables neighborhoods on the list, and Fairchild Tropical Botanic Garden is only a few minutes away.
Typical home value: $7.44 million | 1-year change: +9.3% | 10-year change: n/a (Zillow data starts Dec 2023)

#13. Aqualane Shores, Naples, FL: the only neighborhood on the list that lost value

Out of all 50 neighborhoods on this list, only one lost value in the last year: Aqualane Shores in Naples, down 0.5%. The typical home is still worth $7.6 million, and values are up 102% since 2016. This canal-front neighborhood sits between Gordon Drive and Naples Bay, where most homes have private docks and Fifth Avenue South, the city’s main dining and shopping street, is a short walk away. The Naples Pier is the classic place to watch the sunset over the Gulf.
Typical home value: $7.64 million | 1-year change: -0.5% | 10-year change: +101.9%

#12. Trousdale Estates, Beverly Hills, CA: mid-century modern with a view of all of L.A.

Trousdale Estates was built in the 1950s and 1960s by developer Paul Trousdale, in the hills above Beverly Hills, and it is famous for mid-century modern homes with views across all of Los Angeles. Many of the original houses have been restored or rebuilt as large modern estates. The typical home is worth $7.9 million, up 8.6% in a year. Zillow’s data here starts in 2021. For a sense of the area, drive up to the top of Loma Vista Drive and look back over the city.
Typical home value: $7.92 million | 1-year change: +8.6% | 10-year change: n/a (Zillow data starts Aug 2021)

#11. Rivo Alto Island, Miami Beach, FL: +126% in ten years

Values on Rivo Alto Island are up 126% since 2016, and the typical home is now worth $8.4 million after a 10.5% gain in the last year. Rivo Alto is one of the Venetian Islands, the chain of man-made islands linked by the Venetian Causeway between Miami and Miami Beach, with homes lining the water on both sides. It is one of five Miami Beach islands on this list. The causeway is a popular route for cyclists and walkers, and the best way to see the islands up close.
Typical home value: $8.41 million | 1-year change: +10.5% | 10-year change: +126.1%

Top 10 time. Seven of these ten neighborhoods are in the same state, and the gap between #2 and #1 is bigger than the price of any home ranked below #20.
#10. Di Lido Island, Miami Beach, FL: +16%, the best year of any Miami Beach island

Di Lido Island had the best year of any Miami Beach island: +16%, enough to reach the top 10. It is one of the Venetian Islands, the chain of man-made islands between Miami and Miami Beach, and South Beach, Lincoln Road and the ocean are all a short bike ride away. The typical home is worth $8.7 million, up 88% since 2016. As with its neighbors, the Venetian Causeway is the easiest way to see the island, on foot or by bike.
Typical home value: $8.68 million | 1-year change: +16.0% | 10-year change: +88.0%

#9. San Marino Island, Miami Beach, FL: doubled in ten years

Values on San Marino Island have more than doubled in ten years (+109%), and the typical home is now worth $8.7 million. It is another of the Venetian Islands, known for deep water and big views of the Miami skyline, where many homes have room for a large yacht out back. The last year added 11.7%. The islands are residential, so the causeway and the water are the best ways to see them, and sunset over the Miami skyline is the best time.
Typical home value: $8.73 million | 1-year change: +11.7% | 10-year change: +109.2%

#8. Shady Canyon, Irvine, CA: Orange County’s most expensive address

Shady Canyon is the most expensive neighborhood in Orange County. This gated community in the hills south of central Irvine has large custom homes, a private golf club and a lot of preserved open space. The typical home is worth $9.3 million, up 12.3% in a year and 116% since 2016. Laguna Beach and its coves are about twenty minutes away, and the nearby Bommer Canyon trails, surrounded by the same hills, are open to the public.
Typical home value: $9.31 million | 1-year change: +12.3% | 10-year change: +116.2%

#7. Palm Island, Miami Beach, FL: where Al Capone lived and died

Al Capone lived on Palm Island and died there in 1947, in a waterfront mansion that has since been demolished. Today this man-made island in Biscayne Bay, reached from the MacArthur Causeway next to Hibiscus Island, is home to large estates with views of the Miami skyline. The typical home is worth $9.5 million, up 12.6% in a year and 80% since 2016. The island is gated, so most visitors see it from the causeway or on a boat tour of Biscayne Bay.
Typical home value: $9.50 million | 1-year change: +12.6% | 10-year change: +80.2%

#6. Bear’s Club, Jupiter, FL: the golf club Jack Nicklaus founded

Bear’s Club was founded by Jack Nicklaus, around a golf course he designed in Jupiter, Florida. It is known for its large estates, its privacy and a membership that includes many touring professionals. The typical home is worth $10.3 million, up 5.5% in a year. Zillow’s data here only starts in 2019. Jupiter’s beaches and the Loxahatchee River, with kayaking and manatee sightings, are close by, and the Jupiter Inlet Lighthouse is a short drive away.
Typical home value: $10.3 million | 1-year change: +5.5% | 10-year change: n/a (Zillow data starts Feb 2019)

#5. The Flats, Beverly Hills, CA: +190% in ten years

Home values in The Flats have almost tripled in ten years (+190%), the biggest gain in the top 10. The typical home is now worth $10.3 million, after a 16.8% jump this year. The Flats is the part of Beverly Hills between Sunset Boulevard and Santa Monica Boulevard, laid out in a flat grid lined with palm trees and large estates, with the famous Beverly Hills Hotel at its northern edge. Rodeo Drive is a short walk south, and the area is lovely to explore on foot.
Typical home value: $10.3 million | 1-year change: +16.8% | 10-year change: +189.8%

#4. Beverly Hills Gateway, Beverly Hills, CA: California’s most expensive neighborhood

Beverly Hills Gateway is the most expensive neighborhood in California. The typical home is worth $11.5 million, up 17.6% in a year, the strongest gain in the top 5, and 169% since 2016. Beverly Hills as a whole had an excellent year, with three neighborhoods in the top 12. The city is also an easy visit from anywhere in Los Angeles: Rodeo Drive, the Beverly Hills sign on Wilshire Boulevard and the gardens of Greystone Mansion are all free to explore.
Typical home value: $11.5 million | 1-year change: +17.6% | 10-year change: +169.4%

#3. Old Cutler Bay, Coral Gables, FL: $12.8 million under the banyan trees

At $12.8 million, the typical home in Old Cutler Bay costs more than anywhere in California. This gated waterfront community in southern Coral Gables sits off Old Cutler Road, the historic road lined with banyan trees that runs along Biscayne Bay, and many homes have their own docks. Values rose 13.1% in a year. Zillow’s data only starts in late 2023. Old Cutler Road is a beautiful drive, and Fairchild Tropical Botanic Garden, one of the best gardens in Florida, is a few minutes south.
Typical home value: $12.8 million | 1-year change: +13.1% | 10-year change: n/a (Zillow data starts Dec 2023)

#2. Port Royal, Naples, FL: $14.9 million at the tip of Naples

Port Royal, at the southern tip of Naples, is the second most expensive neighborhood in America. The typical home is worth $14.9 million, up 9.7% in a year and 113% since 2016. It is surrounded by canals and bays with access to the Gulf through Gordon Pass, most homes have deep-water docks, and the Port Royal Club gives residents a private beach. Values are still slightly below their January 2023 peak. The Naples Botanical Garden is nearby.
Typical home value: $14.9 million | 1-year change: +9.7% | 10-year change: +113.1%

#1. Gables Estates, Coral Gables, FL: $23.3 million, and nobody else comes close

Gables Estates is the most expensive neighborhood in the United States, and nobody else comes close. The typical home is worth $23.3 million, up 11.6% in a year and about $8.4 million more than #2, Port Royal. This gated community in southern Coral Gables sits on Biscayne Bay, with large estates on deep-water canals built for big yachts. Zillow’s data here starts in late 2023. Matheson Hammock Park and Fairchild Tropical Botanic Garden nearby offer a glimpse of its lush setting.
Typical home value: $23.3 million | 1-year change: +11.6% | 10-year change: n/a (Zillow data starts Nov 2023)

The full list at a glance
So Florida it is: 7 of the top 10, including the top 3, all gated waterfront communities. Across the full top 50, though, California has more entries (26) than Florida (21), and New York, Utah and Arizona have one each. 49 of the 50 neighborhoods gained value over the last year.


Methodology
This ranking uses the Zillow Home Value Index (ZHVI) at the neighborhood level, for all homes (single-family and condos), smoothed and seasonally adjusted. The ZHVI measures the typical value of homes in the 35th to 65th percentile range of each neighborhood, so it reflects the middle of the market rather than the most expensive listing.
We ranked all 21,000+ neighborhoods with a value for August 2026 and kept the top 50. The 1-year change compares August 2026 with August 2025, and the 10-year change compares it with August 2016. Some neighborhoods have shorter histories in Zillow’s data; in those cases we show the chart from the first available month. Neighborhood names are the ones Zillow uses.
Photos come from Wikimedia Commons and are credited under each image. When no suitable photo of the neighborhood itself was available, we used a photo of the city or a nearby landmark, as noted in the caption.
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