Paradise Valley

Ask any Valley resident where Arizona’s rich people live and Scottsdale probably pops to the top of the list. After all, there are a lot of nice houses and cars over that way.

However, real estate website Property Shark decided to test the accuracy of that bit of common knowledge. Based on 2016 residential transactions, it tallied up the most expensive zip codes in Arizona. Can you guess the winner?

Drum roll, please…

It probably comes as no great shock that first place goes to 85253, also known as Paradise Valley. The media home price in the area comes to $1.04 million — a fair chunk of change.

It also won’t surprise you to know that several Scottsdale zip codes — 85262, 85266, 85255, 85259 and 85254 — made the top 10 thanks to median prices that range from $409,000 to $687,100.

Rounding out the top 10 are 85377 (Carefree), 85018 (Phoenix), 85331 (Cave Creek) and 85263 (Rio Verde).

You can see the 42 most expensive Valley zip codes on the map below. Property Shark actually calculated 50 zip codes, but 9 of those were in Tucson, Marana, Sedona, Flagstaff and other places outside the Valley.

On the map above, zoom in or click a zip code to see the median home price. You can also click the icon in the upper-left corner to bring out a list of zip codes in order by rank.

If you’re interested in all the Valley zip codes, check out our comprehensive Zip Code Map.

Source: www.propertyshark.com

– Justin Ferris, Phoenix.org

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