Where you live -- and the features of your home -- determine your home's price range. Naturally, homes inÂ someÂ areas are consistently higher-valued than homes in others.
Using data compiled byÂ real estate market data firm Altos Research, Forbes Magazine presents America's 10 most expensive ZIP codes. California and the New York Metro area dominate the list.
In fact, of the top 50 most expensive ZIP codes, only 6 are located outside of California and New York regions. 3 are Colorado resort towns -- Snowmass (81654), Aspen (81611) and Telluride (81435) -- one is in Maryland, one is in Florida, and the last is in Washington State.
Chicago-suburb Kenilworth (60043) is the top-ranked Midwest ZIP code. It placed 86th overall.
The Forbes listÂ may be interesting but, to home buyers or sellers , it should not be the final word in home values. Real estate is a local market which means that -- even within a given ZIP code -- prices can vary based on street and neighborhood.
Look past general data and get specific. Talk to your real estate agent for local market pricing.