California’s 18 Most Expensive Towns—Where Home Prices Are Skyrocketing (May 2025)

According to the Zillow Home Value Index, home prices in some California towns have climbed to extraordinary heights. From coastal hideaways to Silicon Valley estates, this list ranks the 18 most expensive towns in the state based on years of verified price data through May 2025.

These places aren’t just pricey—they’ve seen sharp, sustained growth fueled by limited inventory, high demand, and location-specific appeal. Whether you’re tracking market trends or curious about where home values are highest, this roundup offers a clear look at California’s greatest housing markets.

18. Stanford – 180% Home Price Increase Since 2010

• 2010: $1,184,242
• 2011: $1,163,324 (-$20,918, -1.77% from previous year)
• 2012: $1,198,334 (+$35,010, +3.01% from previous year)
• 2013: $1,449,111 (+$250,777, +20.93% from previous year)
• 2014: $1,711,399 (+$262,289, +18.10% from previous year)
• 2015: $2,014,251 (+$302,852, +17.70% from previous year)
• 2016: $2,201,963 (+$187,713, +9.32% from previous year)
• 2017: $2,173,648 (-$28,316, -1.29% from previous year)
• 2018: $2,503,740 (+$330,092, +15.19% from previous year)
• 2019: $2,552,060 (+$48,321, +1.93% from previous year)
• 2020: N/A
• 2021: $2,668,775 (+$116,715, +4.57% from previous year)
• 2022: $3,193,730 (+$524,955, +19.67% from previous year)
• 2023: $2,929,681 (-$264,049, -8.27% from previous year)
• 2024: $3,163,827 (+$234,146, +7.99% from previous year)
• 2025: $3,321,126 (+$157,299, +4.97% from previous year)

Stanford’s home prices have jumped nearly threefold since 2010, driven by its location in the heart of Silicon Valley and consistent demand tied to Stanford University. Though values dipped slightly in 2017 and 2023, they’ve generally trended sharply upward, with especially strong gains between 2012 and 2016. The most recent data for 2025 shows a median home price above $3.3 million, up from just over $1.1 million in 2010.

Stanford – Anchored by Academia and Innovation

Stanford is more than a college town—it’s a powerhouse community centered around one of the world’s most prestigious research universities. Nestled in Santa Clara County, it offers immediate proximity to Palo Alto and major tech campuses, making it a coveted place to live for academics, executives, and venture capitalists alike. Real estate is limited and highly sought-after, and this scarcity continues to push values higher.

Notably, many homes here are actually owned by Stanford University and leased to faculty, which restricts broader buyer access and adds a layer of exclusivity. The result is a uniquely stable market that avoids some of the volatility seen in surrounding areas. Despite some brief declines, home values in Stanford have been remarkably resilient and show no signs of long-term weakening.

17. Newport Beach – 158% Home Price Increase Since 2012

• 2010: $1,339,901
• 2011: $1,287,997 (-$51,904, -3.87% from previous year)
• 2012: $1,251,989 (-$36,008, -2.80% from previous year)
• 2013: $1,367,947 (+$115,958, +9.26% from previous year)
• 2014: $1,573,651 (+$205,704, +15.04% from previous year)
• 2015: $1,732,956 (+$159,305, +10.12% from previous year)
• 2016: $1,715,841 (-$17,115, -0.99% from previous year)
• 2017: $1,784,960 (+$69,119, +4.03% from previous year)
• 2018: $2,044,411 (+$259,451, +14.54% from previous year)
• 2019: $1,957,259 (-$87,152, -4.26% from previous year)
• 2020: N/A
• 2021: $2,279,303 (+$322,044, +16.45% from previous year)
• 2022: $2,919,086 (+$639,783, +28.07% from previous year)
• 2023: $2,920,600 (+$1,514, +0.05% from previous year)
• 2024: $3,293,733 (+$373,133, +12.78% from previous year)
• 2025: $3,457,576 (+$163,843, +4.97% from previous year)

Home values in Newport Beach have risen by more than 150% since 2012, making it one of California’s most luxurious beach communities. While the market saw a few brief drops in the early 2010s, recent years have brought strong growth—especially in 2022 when prices soared by over 28% in a single year. By 2025, the typical home value has reached well over $3.4 million.

Newport Beach – Coastal Luxury in Orange County

Located in coastal Orange County, Newport Beach offers residents a high-end lifestyle defined by waterfront homes, pristine beaches, and upscale amenities. It’s home to the famous Balboa Island and Fashion Island shopping district. The real estate market here draws affluent buyers looking for both vacation properties and permanent residences, particularly those in finance, real estate, and entertainment industries.

Despite brief declines around 2016 and 2019, Newport Beach’s long-term trend shows robust growth, thanks to limited housing inventory and sustained demand. Recent gains reflect broader national trends but are amplified by the town’s elite status. With luxury condos and sprawling estates along the water, Newport Beach remains a pinnacle of Southern California real estate.

16. Beverly Hills – 127% Home Price Increase Since 2010

• 2010: $1,562,845
• 2011: $1,569,745 (+$6,900, +0.44% from previous year)
• 2012: $1,521,226 (-$48,519, -3.09% from previous year)
• 2013: $1,686,732 (+$165,507, +10.88% from previous year)
• 2014: $1,988,323 (+$301,591, +17.88% from previous year)
• 2015: $2,216,265 (+$227,941, +11.46% from previous year)
• 2016: $2,105,503 (-$110,761, -5.00% from previous year)
• 2017: $2,239,021 (+$133,518, +6.34% from previous year)
• 2018: $2,710,350 (+$471,329, +21.05% from previous year)
• 2019: $3,274,066 (+$563,716, +20.80% from previous year)
• 2020: N/A
• 2021: $3,454,247 (+$180,181, +5.50% from previous year)
• 2022: $4,008,790 (+$554,543, +16.05% from previous year)
• 2023: $3,731,488 (-$277,302, -6.92% from previous year)
• 2024: $3,691,544 (-$39,944, -1.07% from previous year)
• 2025: $3,541,921 (-$149,623, -4.05% from previous year)

Since 2010, Beverly Hills has added nearly $2 million to its median home value despite some recent cooling. The area peaked in 2022 at just over $4 million, before a moderate pullback that continues into 2025. With a net increase of over 127%, it’s still one of the most coveted and expensive areas in Los Angeles County.

Beverly Hills – Iconic, Exclusive, and Enduring

Beverly Hills needs little introduction. It’s synonymous with glamour, from Rodeo Drive to sprawling hillside mansions. Located in western Los Angeles, this storied city is home to celebrities, industry executives, and international buyers. The real estate market is shaped as much by image as by scarcity—large estates on expansive lots are rare and fiercely competitive.

The market softened slightly after the 2022 peak, likely due to economic uncertainty and buyer caution at ultra-high price points. Still, homes here regularly top $10 million, and the median value remains strong. With its mix of historic estates, luxury new builds, and global prestige, Beverly Hills continues to command one of the highest premiums in California.

15. Del Mar – 194% Home Price Increase Since 2010

• 2010: $1,233,978
• 2011: $1,356,602 (+$122,624, +9.94% from previous year)
• 2012: $1,378,950 (+$22,348, +1.65% from previous year)
• 2013: $1,566,360 (+$187,410, +13.59% from previous year)
• 2014: $1,778,456 (+$212,096, +13.54% from previous year)
• 2015: $1,984,301 (+$205,845, +11.57% from previous year)
• 2016: $2,205,671 (+$221,369, +11.16% from previous year)
• 2017: $2,260,299 (+$54,629, +2.48% from previous year)
• 2018: $2,372,256 (+$111,957, +4.95% from previous year)
• 2019: $2,356,867 (-$15,389, -0.65% from previous year)
• 2020: N/A
• 2021: $2,624,527 (+$267,660, +11.36% from previous year)
• 2022: $3,447,782 (+$823,254, +31.37% from previous year)
• 2023: $3,378,185 (-$69,596, -2.02% from previous year)
• 2024: $3,625,159 (+$246,973, +7.31% from previous year)
• 2025: $3,630,816 (+$5,658, +0.16% from previous year)

Del Mar’s home prices have surged nearly 200% since 2010, thanks to its coastal charm and luxury appeal. After a sharp jump in 2022, the market cooled slightly but has maintained its gains. As of 2025, the typical home in Del Mar costs over $3.6 million—nearly three times what it did 15 years ago.

Del Mar – Seaside Living with Premium Appeal

Located in northern San Diego County, Del Mar is prized for its scenic beaches, upscale lifestyle, and walkable downtown village. It’s home to the Del Mar Racetrack, a historic draw that adds cultural cachet and seasonal vibrance. Ocean views and limited development land contribute to long-term price appreciation.

Buyers in Del Mar are typically looking for second homes or retirement residences, though it’s also favored by remote professionals who can afford its steep price tag. The 2022 spike was notable, driven by pandemic-era demand for high-end coastal real estate. Even as growth slows, the area’s appeal remains rock-solid.

14. Ross – 83% Home Price Increase Since 2010

• 2010: $2,021,677
• 2011: $1,893,227 (-$128,450, -6.35% from previous year)
• 2012: $1,904,102 (+$10,876, +0.57% from previous year)
• 2013: $2,141,652 (+$237,549, +12.48% from previous year)
• 2014: $2,286,460 (+$144,809, +6.76% from previous year)
• 2015: $2,589,909 (+$303,448, +13.27% from previous year)
• 2016: $2,823,598 (+$233,690, +9.02% from previous year)
• 2017: $2,817,175 (-$6,423, -0.23% from previous year)
• 2018: $2,940,893 (+$123,717, +4.39% from previous year)
• 2019: $2,901,984 (-$38,908, -1.32% from previous year)
• 2020: N/A
• 2021: $3,369,420 (+$467,436, +16.11% from previous year)
• 2022: $4,109,422 (+$740,001, +21.96% from previous year)
• 2023: $3,689,035 (-$420,386, -10.23% from previous year)
• 2024: $3,738,742 (+$49,706, +1.35% from previous year)
• 2025: $3,690,249 (-$48,493, -1.30% from previous year)

Ross has seen more modest price growth compared to flashier markets, with values increasing around 83% since 2010. Prices peaked in 2022 above $4.1 million, before softening over the next three years. Still, the 2025 median sits just under $3.7 million, indicating long-term value stability.

Ross – Quiet Wealth in Marin County

Ross is a tiny, affluent town in Marin County, nestled beneath Mount Tamalpais. It’s known for its privacy, excellent public schools, and tight-knit community atmosphere. Many residents commute into San Francisco, just 18 miles away, adding to its appeal for high-income professionals seeking a quiet home base.

Unlike other luxury markets, Ross hasn’t seen the same scale of boom-and-bust cycles. Prices have grown steadily but not explosively, with occasional corrections. The town’s strict zoning and minimal commercial development help preserve its character—and keep supply extremely limited.

13. Palo Alto – 179% Home Price Increase Since 2010

• 2010: $1,338,332
• 2011: $1,274,085 (-$64,246, -4.80% from previous year)
• 2012: $1,358,622 (+$84,536, +6.64% from previous year)
• 2013: $1,686,867 (+$328,245, +24.16% from previous year)
• 2014: $2,080,003 (+$393,136, +23.31% from previous year)
• 2015: $2,597,323 (+$517,320, +24.87% from previous year)
• 2016: $2,766,500 (+$169,177, +6.51% from previous year)
• 2017: $2,618,768 (-$147,732, -5.34% from previous year)
• 2018: $3,038,764 (+$419,996, +16.04% from previous year)
• 2019: $3,027,217 (-$11,547, -0.38% from previous year)
• 2020: N/A
• 2021: $3,148,265 (+$121,048, +4.00% from previous year)
• 2022: $3,818,456 (+$670,191, +21.29% from previous year)
• 2023: $3,312,565 (-$505,891, -13.25% from previous year)
• 2024: $3,518,791 (+$206,227, +6.23% from previous year)
• 2025: $3,740,584 (+$221,792, +6.30% from previous year)

Palo Alto has seen a striking 179% jump in home prices since 2010. While the market cooled after peaking in 2022, prices have resumed their upward climb. By 2025, median home values have climbed above $3.7 million, reflecting its long-standing status as a Silicon Valley epicenter.

Palo Alto – Ground Zero for the Tech Boom

Palo Alto sits at the heart of Silicon Valley and is home to tech giants, venture capital firms, and Stanford University. The result is a red-hot real estate market where inventory is tight and demand stays high, especially for homes near top-rated public schools and within walking distance of downtown.

Historically, Palo Alto has led regional housing trends—when it booms, others often follow. Prices soared in the early 2010s and again during the pandemic, with a slight correction in 2023. Recent increases in 2024 and 2025 show the area’s underlying strength hasn’t faded.

12. Woodside – 136% Home Price Increase Since 2010

• 2010: $1,651,233
• 2011: $1,678,309 (+$27,076, +1.64% from previous year)
• 2012: $1,739,391 (+$61,082, +3.64% from previous year)
• 2013: $2,087,228 (+$347,837, +20.00% from previous year)
• 2014: $2,416,348 (+$329,120, +15.77% from previous year)
• 2015: $2,686,716 (+$270,368, +11.19% from previous year)
• 2016: $2,980,064 (+$293,348, +10.92% from previous year)
• 2017: $2,905,833 (-$74,231, -2.49% from previous year)
• 2018: $3,082,120 (+$176,288, +6.07% from previous year)
• 2019: $3,049,110 (-$33,011, -1.07% from previous year)
• 2020: N/A
• 2021: $3,359,179 (+$310,069, +10.17% from previous year)
• 2022: $4,105,642 (+$746,463, +22.22% from previous year)
• 2023: $3,761,255 (-$344,387, -8.39% from previous year)
• 2024: $3,734,078 (-$27,177, -0.72% from previous year)
• 2025: $3,898,330 (+$164,252, +4.40% from previous year)

Woodside’s home prices have grown by 136% since 2010. After a sharp climb to over $4.1 million in 2022, the market cooled, but recent gains suggest renewed upward momentum. By 2025, values hover near $3.9 million—well above pre-pandemic levels.

Woodside – Equestrian Charm and Elite Appeal

Woodside offers a blend of country estate living and tech wealth. Located in San Mateo County, it’s a favored retreat for Silicon Valley executives seeking privacy and land. The area is known for equestrian estates, scenic trails, and zoning that discourages dense development, keeping inventory low.

While not as flashy as neighboring towns, Woodside’s appeal lies in its tranquility, large lots, and architectural variety—from ranch homes to ultra-modern builds. Though prices dropped slightly after 2022, the area’s fundamentals remain strong and are drawing buyers back in 2025.

11. Portola Valley – 104% Home Price Increase Since 2010

• 2010: $2,024,184
• 2011: $1,953,861 (-$70,323, -3.47% from previous year)
• 2012: $1,916,994 (-$36,868, -1.89% from previous year)
• 2013: $2,291,243 (+$374,249, +19.52% from previous year)
• 2014: $2,659,709 (+$368,466, +16.08% from previous year)
• 2015: $2,969,975 (+$310,266, +11.67% from previous year)
• 2016: $3,243,293 (+$273,318, +9.20% from previous year)
• 2017: $3,115,697 (-$127,596, -3.93% from previous year)
• 2018: $3,286,820 (+$171,123, +5.49% from previous year)
• 2019: $3,281,780 (-$5,039, -0.15% from previous year)
• 2020: N/A
• 2021: $3,456,992 (+$175,212, +5.34% from previous year)
• 2022: $4,286,289 (+$829,297, +23.99% from previous year)
• 2023: $3,804,524 (-$481,765, -11.24% from previous year)
• 2024: $3,903,282 (+$98,758, +2.60% from previous year)
• 2025: $4,136,124 (+$232,843, +5.97% from previous year)

Portola Valley has seen prices double over the past 15 years, with values climbing from just over $2 million in 2010 to more than $4.1 million in 2025. After a sharp correction in 2023, prices rebounded over the next two years, indicating renewed buyer interest and market confidence.

Portola Valley – Luxury Meets Low-Key Living

Set against the Santa Cruz Mountains, Portola Valley is a serene, forested community favored by tech executives and entrepreneurs. Its natural beauty, highly rated schools, and environmental stewardship have earned it a reputation as a peaceful yet elite retreat in San Mateo County.

Strict land-use regulations and large lot sizes limit new development, which has helped keep home values high. Though the 2023 decline suggested a market reset, the bounce-back in 2024 and 2025 points to a renewed appetite for the town’s quiet, high-end appeal.

10. Saratoga – 203% Home Price Increase Since 2010

• 2010: $1,382,649
• 2011: $1,323,170 (-$59,479, -4.30% from previous year)
• 2012: $1,361,362 (+$38,192, +2.89% from previous year)
• 2013: $1,636,693 (+$275,331, +20.22% from previous year)
• 2014: $1,858,491 (+$221,798, +13.55% from previous year)
• 2015: $2,128,319 (+$269,828, +14.52% from previous year)
• 2016: $2,303,135 (+$174,817, +8.21% from previous year)
• 2017: $2,207,387 (-$95,748, -4.16% from previous year)
• 2018: $2,572,669 (+$365,283, +16.55% from previous year)
• 2019: $2,708,468 (+$135,798, +5.28% from previous year)
• 2020: N/A
• 2021: $3,062,458 (+$353,990, +13.07% from previous year)
• 2022: $3,962,356 (+$899,898, +29.38% from previous year)
• 2023: $3,512,066 (-$450,290, -11.36% from previous year)
• 2024: $3,871,786 (+$359,721, +10.24% from previous year)
• 2025: $4,184,058 (+$312,272, +8.07% from previous year)

Saratoga’s home prices have surged by more than 200% since 2010. After a drop in 2023, the market rebounded with two consecutive years of solid growth. The current median value now exceeds $4.1 million, a major leap from just over $1.3 million fifteen years ago.

Saratoga – Silicon Valley Sophistication

Saratoga blends the prestige of Silicon Valley with the charm of a small town. Located in Santa Clara County, it’s known for its excellent public schools, scenic wineries, and historic downtown. Homebuyers are often drawn by its semi-rural setting and proximity to major tech hubs like Cupertino and San Jose.

The 2022 spike was among the steepest in the state, showing how the town’s cachet skyrocketed during a period of high demand. While there was a pullback in 2023, recent years show the market recovering steadily—bolstered by continued interest from high-income buyers.

9. Monte Sereno – 172% Home Price Increase Since 2010

• 2010: $1,597,855
• 2011: $1,527,982 (-$69,873, -4.37% from previous year)
• 2012: $1,596,141 (+$68,159, +4.46% from previous year)
• 2013: $1,914,269 (+$318,129, +19.93% from previous year)
• 2014: $2,183,293 (+$269,024, +14.05% from previous year)
• 2015: $2,517,263 (+$333,969, +15.30% from previous year)
• 2016: $2,670,264 (+$153,002, +6.08% from previous year)
• 2017: $2,565,498 (-$104,766, -3.92% from previous year)
• 2018: $2,875,426 (+$309,928, +12.08% from previous year)
• 2019: $2,970,420 (+$94,994, +3.30% from previous year)
• 2020: N/A
• 2021: $3,482,840 (+$512,420, +17.25% from previous year)
• 2022: $4,275,054 (+$792,214, +22.75% from previous year)
• 2023: $3,908,811 (-$366,244, -8.57% from previous year)
• 2024: $4,178,882 (+$270,071, +6.91% from previous year)
• 2025: $4,354,395 (+$175,513, +4.20% from previous year)

Montev Sereno’s home values have grown by nearly 175% since 2010. After a sharp 2022 increase and a 2023 correction, prices are back on the rise. The 2025 median sits above $4.3 million, reflecting this small town’s continuing rise as a luxury enclave.

Monte Sereno – Small Town, Big Value

With a population under 4,000, Monte Sereno is one of California’s smallest incorporated towns—but also among its priciest. Tucked between Los Gatos and Saratoga, it offers wooded neighborhoods, luxury homes, and proximity to elite schools and employers.

Unlike larger cities, Monte Sereno lacks commercial zones, which adds to its quiet appeal. Prices here reflect a blend of exclusivity and convenience. Demand from Silicon Valley professionals and retirees has kept the housing market strong, even with brief declines.

8. Rancho Santa Fe – 135% Home Price Increase Since 2010

• 2010: $1,855,951
• 2011: $1,825,616 (-$30,335, -1.63% from previous year)
• 2012: $1,776,099 (-$49,518, -2.71% from previous year)
• 2013: $1,922,464 (+$146,365, +8.24% from previous year)
• 2014: $2,183,928 (+$261,464, +13.60% from previous year)
• 2015: $2,311,367 (+$127,439, +5.84% from previous year)
• 2016: $2,363,288 (+$51,920, +2.25% from previous year)
• 2017: $2,335,918 (-$27,369, -1.16% from previous year)
• 2018: $2,428,054 (+$92,136, +3.94% from previous year)
• 2019: $2,422,077 (-$5,977, -0.25% from previous year)
• 2020: N/A
• 2021: $2,860,666 (+$438,589, +18.11% from previous year)
• 2022: $3,882,336 (+$1,021,670, +35.71% from previous year)
• 2023: $3,858,463 (-$23,873, -0.61% from previous year)
• 2024: $4,228,795 (+$370,332, +9.60% from previous year)
• 2025: $4,371,493 (+$142,698, +3.37% from previous year)

Rancho Santa Fe’s home prices have soared 135% since 2010, with some of the biggest gains happening in 2022. After a brief plateau in 2023, values have steadily climbed again, reaching over $4.3 million in 2025.

Rancho Santa Fe – Luxury Ranch Living

Rancho Santa Fe is a master-planned, unincorporated community near San Diego known for its large estates and elite amenities. The area boasts private schools, golf clubs, equestrian facilities, and gated neighborhoods, attracting ultra-wealthy buyers seeking privacy and space.

The 2022 surge marked a major shift, reflecting both nationwide demand for rural luxury and local interest in expansive properties. While the 2023 pause cooled things slightly, prices remain near all-time highs, with Rancho Santa Fe firmly among California’s most prestigious addresses.

7. Belvedere – 95% Home Price Increase Since 2010

• 2010: $2,285,837
• 2011: $2,239,316 (-$46,521, -2.04% from previous year)
• 2012: $2,305,379 (+$66,063, +2.95% from previous year)
• 2013: $2,625,635 (+$320,256, +13.89% from previous year)
• 2014: $2,907,961 (+$282,326, +10.75% from previous year)
• 2015: $3,269,034 (+$361,074, +12.42% from previous year)
• 2016: $3,608,876 (+$339,841, +10.40% from previous year)
• 2017: $3,630,994 (+$22,119, +0.61% from previous year)
• 2018: $3,824,004 (+$193,009, +5.32% from previous year)
• 2019: $3,690,974 (-$133,029, -3.48% from previous year)
• 2020: N/A
• 2021: $4,161,216 (+$470,242, +12.74% from previous year)
• 2022: $4,865,527 (+$704,311, +16.93% from previous year)
• 2023: $4,500,887 (-$364,640, -7.49% from previous year)
• 2024: $4,507,590 (+$6,703, +0.15% from previous year)
• 2025: $4,449,505 (-$58,084, -1.29% from previous year)

Belvedere’s home prices have nearly doubled since 2010, reaching a high of $4.86 million in 2022 before softening slightly in recent years. Despite a small decline in 2025, the town remains firmly within California’s upper echelon of real estate values.

Belvedere – Waterfront Exclusivity in Marin

Belvedere is a small island community in Marin County, connected to Tiburon and surrounded by the San Francisco Bay. With sweeping views of the Golden Gate Bridge, Angel Island, and the city skyline, it offers a truly rarefied setting for luxury buyers.

The area’s tight building codes and lack of commercial zoning have kept inventory low and demand high. Residents prize its exclusivity, yacht club culture, and secluded streets. Even as price growth slows, the ultra-high base price and scenic appeal help Belvedere hold its spot as one of California’s most desirable addresses.

6. Los Altos – 213% Home Price Increase Since 2010

• 2010: $1,468,609
• 2011: $1,404,644 (-$63,965, -4.36% from previous year)
• 2012: $1,494,492 (+$89,847, +6.40% from previous year)
• 2013: $1,852,093 (+$357,601, +23.93% from previous year)
• 2014: $2,145,570 (+$293,478, +15.85% from previous year)
• 2015: $2,568,250 (+$422,679, +19.70% from previous year)
• 2016: $2,794,746 (+$226,496, +8.82% from previous year)
• 2017: $2,676,472 (-$118,274, -4.23% from previous year)
• 2018: $3,084,250 (+$407,778, +15.24% from previous year)
• 2019: $3,229,826 (+$145,576, +4.72% from previous year)
• 2020: N/A
• 2021: $3,520,092 (+$290,267, +8.99% from previous year)
• 2022: $4,552,121 (+$1,032,029, +29.32% from previous year)
• 2023: $3,949,758 (-$602,363, -13.23% from previous year)
• 2024: $4,251,367 (+$301,610, +7.64% from previous year)
• 2025: $4,597,006 (+$345,639, +8.13% from previous year)

Los Altos has more than tripled its home prices since 2010, with the median value rising from under $1.5 million to just under $4.6 million by 2025. After a steep drop in 2023, growth resumed in 2024 and 2025, reinforcing the city’s long-term upward trend.

Los Altos – High-Tech Suburb with Soaring Values

Los Altos sits between Palo Alto and Cupertino in the heart of Silicon Valley. It’s one of the most desirable suburbs in Santa Clara County, thanks to top-rated schools, leafy neighborhoods, and an affluent, tech-savvy population.

The 2022 price spike reflected a broader rush for space and privacy during the pandemic housing surge. While prices fell in 2023, the area quickly rebounded. With proximity to Apple, Google, and Stanford, Los Altos continues to attract high-net-worth buyers looking for both convenience and comfort.

5. Hidden Hills – 196% Home Price Increase Since 2010

• 2010: $1,698,027
• 2011: $1,640,306 (-$57,721, -3.40% from previous year)
• 2012: $1,591,116 (-$49,190, -3.00% from previous year)
• 2013: $1,710,870 (+$119,753, +7.53% from previous year)
• 2014: $1,972,220 (+$261,350, +15.28% from previous year)
• 2015: $2,175,935 (+$203,715, +10.33% from previous year)
• 2016: $2,090,441 (-$85,494, -3.93% from previous year)
• 2017: $2,305,241 (+$214,800, +10.28% from previous year)
• 2018: $2,762,994 (+$457,753, +19.86% from previous year)
• 2019: $3,184,067 (+$421,073, +15.24% from previous year)
• 2020: N/A
• 2021: $3,616,894 (+$432,827, +13.59% from previous year)
• 2022: $4,959,668 (+$1,342,774, +37.13% from previous year)
• 2023: $4,618,210 (-$341,458, -6.88% from previous year)
• 2024: $4,957,128 (+$338,917, +7.34% from previous year)
• 2025: $5,023,572 (+$66,444, +1.34% from previous year)

Hidden Hills’ home values have grown nearly 200% since 2010, with the most explosive gains occurring in 2022. While there was a small decline in 2023, the market has continued to climb since, with 2025 prices topping $5 million on average.

Hidden Hills – Celebrity Enclave in Los Angeles County

Located in the western San Fernando Valley, Hidden Hills is a gated city known for its privacy, horse trails, and celebrity residents. The area has attracted stars from the entertainment and music industries, helping it achieve national recognition and elite status.

Homes here are large and set on expansive lots, often featuring amenities like private stables and tennis courts. The area’s exclusivity and limited availability have helped it maintain strong demand, even as broader markets saw softening. By 2025, Hidden Hills remains a symbol of high-end, gated luxury.

4. Hillsborough – 148% Home Price Increase Since 2010

• 2010: $2,104,596
• 2011: $2,041,322 (-$63,274, -3.01% from previous year)
• 2012: $2,345,157 (+$303,836, +14.88% from previous year)
• 2013: $2,903,044 (+$557,887, +23.79% from previous year)
• 2014: $3,333,113 (+$430,069, +14.81% from previous year)
• 2015: $3,751,990 (+$418,877, +12.57% from previous year)
• 2016: $4,111,795 (+$359,805, +9.59% from previous year)
• 2017: $4,016,384 (-$95,411, -2.32% from previous year)
• 2018: $4,336,136 (+$319,752, +7.96% from previous year)
• 2019: $4,213,008 (-$123,128, -2.84% from previous year)
• 2020: N/A
• 2021: $4,801,861 (+$588,854, +13.98% from previous year)
• 2022: $5,788,491 (+$986,630, +20.55% from previous year)
• 2023: $5,162,490 (-$626,001, -10.81% from previous year)
• 2024: $5,057,772 (-$104,718, -2.03% from previous year)
• 2025: $5,210,555 (+$152,783, +3.02% from previous year)

Hillsborough’s home prices have climbed 148% since 2010, hitting a peak of nearly $5.8 million in 2022. Despite moderate declines in the two years following, the 2025 average of $5.2 million still places it firmly among California’s top-tier markets.

Hillsborough – Secluded Wealth on the Peninsula

Hillsborough is an elite residential-only town located in San Mateo County, just south of San Francisco. Known for its sprawling estates and wooded neighborhoods, it has no downtown or commercial zoning, emphasizing quiet and exclusivity above all else.

The town’s proximity to Silicon Valley and San Francisco International Airport makes it especially appealing to executives and international buyers. Large properties, historic architecture, and strict development policies keep supply tight—contributing to some of the highest home prices in Northern California.

3. Montecito – 145% Home Price Increase Since 2010

• 2010: $2,184,127
• 2011: $2,171,983 (-$12,143, -0.56% from previous year)
• 2012: $2,012,621 (-$159,362, -7.34% from previous year)
• 2013: $2,244,401 (+$231,780, +11.52% from previous year)
• 2014: $2,617,201 (+$372,800, +16.61% from previous year)
• 2015: $2,844,439 (+$227,238, +8.68% from previous year)
• 2016: $3,125,104 (+$280,664, +9.87% from previous year)
• 2017: $3,083,103 (-$42,000, -1.34% from previous year)
• 2018: $3,174,215 (+$91,111, +2.96% from previous year)
• 2019: $3,123,617 (-$50,598, -1.59% from previous year)
• 2020: N/A
• 2021: $3,546,159 (+$422,542, +13.53% from previous year)
• 2022: $5,220,717 (+$1,674,558, +47.22% from previous year)
• 2023: $5,002,529 (-$218,188, -4.18% from previous year)
• 2024: $5,255,032 (+$252,503, +5.05% from previous year)
• 2025: $5,342,970 (+$87,938, +1.67% from previous year)

Home values in Montecito have more than doubled since 2010, reaching over $5.3 million in 2025. The most dramatic increase occurred in 2022, when prices surged by nearly 50% in a single year, followed by more modest changes that still reflect strong demand.

Montecito – Coastal Elegance Near Santa Barbara

Montecito, part of the Santa Barbara metro area, is known for its luxurious estates, Mediterranean climate, and ocean views. It’s a favorite among celebrities, business magnates, and retirees seeking serenity and seclusion. Oprah Winfrey, Ellen DeGeneres, and Prince Harry and Meghan Markle have all called Montecito home.

With limited land and extraordinary appeal, home prices here are among the highest in the state. The 2022 spike was fueled by intense buyer competition and luxury migration during the pandemic. While growth has slowed, Montecito remains one of California’s most expensive and desirable locales.

2. Los Altos Hills – 136% Home Price Increase Since 2010

• 2010: $2,580,600
• 2011: $2,425,252 (-$155,348, -6.02% from previous year)
• 2012: $2,476,137 (+$50,885, +2.10% from previous year)
• 2013: $2,962,266 (+$486,129, +19.63% from previous year)
• 2014: $3,364,434 (+$402,168, +13.58% from previous year)
• 2015: $3,915,298 (+$550,863, +16.37% from previous year)
• 2016: $4,230,659 (+$315,361, +8.05% from previous year)
• 2017: $3,849,479 (-$381,180, -9.01% from previous year)
• 2018: $4,248,950 (+$399,471, +10.38% from previous year)
• 2019: $4,557,322 (+$308,372, +7.26% from previous year)
• 2020: N/A
• 2021: $5,004,095 (+$446,773, +9.80% from previous year)
• 2022: $6,244,643 (+$1,240,548, +24.79% from previous year)
• 2023: $5,552,485 (-$692,158, -11.08% from previous year)
• 2024: $5,814,283 (+$261,798, +4.71% from previous year)
• 2025: $6,089,019 (+$274,736, +4.73% from previous year)

Los Altos Hills has seen a 136% increase in home prices since 2010. After peaking above $6.2 million in 2022, values dipped briefly before returning to that level in 2025—underscoring the area’s durable appeal to ultra-wealthy buyers.

Los Altos Hills – Tech-Driven Affluence on the Rise

Adjacent to Los Altos and Palo Alto, Los Altos Hills is one of the most exclusive towns in Silicon Valley. Known for its sweeping views, large estate lots, and absence of commercial development, it’s a magnet for tech founders and investors who want privacy without sacrificing proximity to innovation hubs.

The town’s steep prices reflect more than just demand—they’re shaped by zoning that restricts subdivision and commercial use. This rare combination of privacy, location, and land has made Los Altos Hills a long-standing luxury stronghold in the Bay Area housing market.

1. Atherton – 151% Home Price Increase Since 2010

• 2010: $3,014,184
• 2011: $2,901,525 (-$112,659, -3.74% from previous year)
• 2012: $3,100,347 (+$198,822, +6.85% from previous year)
• 2013: $3,758,391 (+$658,044, +21.22% from previous year)
• 2014: $4,349,579 (+$591,188, +15.73% from previous year)
• 2015: $5,014,895 (+$665,316, +15.30% from previous year)
• 2016: $5,631,200 (+$616,305, +12.29% from previous year)
• 2017: $5,528,513 (-$102,686, -1.82% from previous year)
• 2018: $6,039,822 (+$511,308, +9.25% from previous year)
• 2019: $5,904,990 (-$134,832, -2.23% from previous year)
• 2020: N/A
• 2021: $6,753,022 (+$848,032, +14.36% from previous year)
• 2022: $8,161,638 (+$1,408,616, +20.86% from previous year)
• 2023: $7,436,209 (-$725,429, -8.89% from previous year)
• 2024: $7,327,335 (-$108,875, -1.46% from previous year)
• 2025: $7,563,575 (+$236,241, +3.22% from previous year)

With a 151% increase since 2010, Atherton holds the crown as California’s most expensive town. Home values peaked at over $8.1 million in 2022 and remain just above $7.5 million in 2025. Even small movements in this market represent hundreds of thousands of dollars.

Atherton – The Pinnacle of California Real Estate

Located in San Mateo County, Atherton consistently ranks as the wealthiest ZIP code in the country. It’s a favorite among billionaires, venture capitalists, and tech founders who value its massive lots, gated estates, and unmatched privacy.

Atherton’s strict zoning regulations and lush, tree-lined streets make it feel worlds away from urban bustle—even though it’s just minutes from Menlo Park, Stanford, and major company headquarters. The price tag is steep, but the allure of Atherton remains unmatched in California’s elite housing market.