Top 10 Expensive California Zip Codes and Affordable Alternatives

Prospective buyers in California may have trouble landing their forever homes in cities like Los Angeles, San Diego or San Francisco due to expensive home prices.

For those who still want to live near the big cities and have a little flexibility on location, a 2023 new report from Go Banking Rates reveals which California neighborhoods are cheaper alternatives to those famous, yet expensive, areas.

TOP 10 MOST EXPENSIVE ZIP CODES IN CALIFORNIA:

1) Atherton (94027):Typical home value is $7.36 million

2) Pallo Alto (94301): Typical home value is $6.016 million

3) Hillsborough (94010): Typical home value is $5,903 million

4) Beverly Hills (90210) : Typical home value is $5.11 million

5) Los Altos Hills (94022): Typical home value is $4.26 million

6) Hidden Hills (91302): Typical home value is $4.24 million

7) Santa Monica (90402) : Typical home value is $4.17 million

8) Montecito (93108) : Typical home value is $3.94 million

9) Rancho Santa Fe (92067) : Typical home value is $3.9 million

10) Newport Beach (92657): Typical home value is $3.86 million

TOP 10 CHEAPER ALTERNATIVES FOR HOME BUYERS:

1) Clearlake: Average home price is $221,967

2) Coachella: Average home price is $232,000

3) Fresno: Average home price is $242,050

4) Barstow: Average home price: $253,617

5) Apple Valley: Average home price is $255,000

6) Rialto: Average home price is $313,400

7) Bakersfield: Average home price is $330,409

8) Crescent City: Average home price is $346,556

9) Victorville: Average home price is $ $406,826

10) Modesto: Average home price is $440,150

The average home price (Jan 2023) in San Francisco is over $1.2 million while in San Diego and Los Angeles is over $900,000 according to Zillow data.