MD Has 1 Of Nation's Most Expensive ZIP Codes, Report Shows

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MD Has 1 Of Nation's Most Expensive ZIP Codes, Report Shows Maryland has one of the nation's most expensive ZIP Codes. Here's how much homes sell for in this bayside town.

GIBSON ISLAND, MD — One of the country's 100 most expensive ZIP codes is in Maryland, according to an analysis of 2024 residential home sales that shows growth in luxury real estate.

For its Oct. 10 analysis, real estate data provider PropertyShark looked at the number of closed sales to date in 2024 rather than the listing price, which it said tends to reflect sellers' desired prices instead of real-life market conditions.

Gibson Island in Anne Arundel County ranked No. 25 overall.

"Maryland was again represented by 21056 in Gibson Island," PropertyShark said. "That was the result of a 31% year-over-year price increase that pushed the Chesapeake Bay community's median sale price up to a record high of $3.3 million."

Gibson Island was ranked No. 45 last year , with a median sale price of $2,525,000.

The island has been home to VIPs such as the late U.S. Supreme Court Justice Thurgood Marshall, former "Wheel of Fortune" host Pat Sajak and Godfrey A. Rockefeller, Patch said previously.

Of the 10 priciest real estate markets, California had seven, New York had two and Florida had one.

Overall, 67 percent of the country's 100 most expensive ZIP Codes saw median sale prices increase in 2024, as opposed to only 29 percent in 2023. As a result, a record 15 ZIP Codes had median sale prices of at least $4 million while only 15 stayed below $2 million, PropertyShark said.

See PropertyShark's full rankings and methodology details here .