Paradise Valley, Arizona, November 24, 2025
The 85253 ZIP code in Paradise Valley, Arizona, has been ranked 23rd most expensive in the U.S. with a median sale price of $3.5 million. This marks seven consecutive years of recognition in the luxury real estate market. The median sale price reflects an 8% increase from the previous year, highlighting the ongoing demand for high-end properties in the area, which attracts affluent individuals and contributes to the local economy’s growth.
Paradise Valley, Arizona – The 85253 ZIP code in Paradise Valley has been ranked as the 23rd most expensive in the United States, with a median sale price of $3.5 million, according to a recent report. This marks the seventh consecutive year that Paradise Valley’s 85253 ZIP code has been recognized among the nation’s priciest areas. The median sale price of $3.5 million reflects an 8% increase from the previous year, indicating a sustained demand for luxury properties in the region.
The 85253 ZIP code encompasses the town of Paradise Valley, known for its affluent residents and upscale amenities. The area’s appeal extends beyond just beautiful landscapes and lavish homes; it has attracted high-net-worth individuals, including celebrities and business executives, contributing to its reputation as a premier residential destination. This luxurious lifestyle offers a glimpse into the economic dynamism that continues to characterize Paradise Valley as an attractive locale for high-end property investment.
In comparison, the most expensive ZIP code in the nation is 33109 in Miami Beach, Florida, with a median sale price of $9.5 million. Other notable high-priced areas include Atherton, California (94027), with a median sale price of $8.333 million, and Sagaponack, New York (11962), at $5.925 million. These comparisons illustrate just how alluring the Paradise Valley market is, showcasing its prestige and desirability.
Sustained Demand and Economic Impacts
The sustained high rankings of Paradise Valley’s 85253 ZIP code underscore the area’s enduring appeal in the luxury real estate market. The consistent demand for properties in this region reflects its status as a sought-after location for affluent buyers seeking exclusive and upscale living environments. The rising median sale price aligns closely with broader trends in luxury real estate, which includes increased investment and a preference for personalized, spacious properties.
This upward trajectory signifies more than just high prices; it reflects economic resilience and an enduring interest in the area driven by its limited housing supply and strong community infrastructure. In this landscape, local entrepreneurs and small businesses benefit from the influx of wealthy individuals who contribute to the economy through various expenditures.
Potential for Future Growth
As more affluent residents continue to flock to the 85253 ZIP code, the potential for economic growth in the surrounding community remains robust. The influx of high-net-worth individuals increases demand not only for luxury homes but also for boutique services and upscale dining options. Recognizing this trend, local businesses must be prepared to adapt and innovate to meet new consumer expectations, thus contributing to a vibrant local economy.
Moreover, limited regulation in this high-end market segment can foster entrepreneurial innovation, allowing for boutique developments tailored to luxury lifestyles. This environment encourages investment in real estate and other industries that cater to residents’ demands, further driving local economic success.
Conclusion
The outstanding performance of Paradise Valley’s 85253 ZIP code as one of the highest-ranked areas in the luxury housing market highlights the resilience and adaptability of both the local economy and its residents. As luxury properties continue to attract attention and investment, this affluent community’s growth indicates a positive trajectory for the region’s economic landscape. As a call to action, supporting local businesses and staying informed about trends in high-end real estate can empower residents and investors alike to navigate this thriving market.
- What is the median sale price of Paradise Valley’s 85253 ZIP code?
- The median sale price is $3.5 million, reflecting an 8% increase from the previous year.
- How many consecutive years has Paradise Valley’s 85253 ZIP code been recognized among the nation’s priciest areas?
- It has been recognized for seven consecutive years.
- Who are some of the notable residents of Paradise Valley?
- Notable residents include celebrities and business executives, contributing to its reputation as a premier residential destination.
- Which ZIP code is the most expensive in the nation?
- The most expensive ZIP code is 33109 in Miami Beach, Florida, with a median sale price of $9.5 million.
- What does the sustained high ranking of Paradise Valley’s 85253 ZIP code indicate?
- The sustained high ranking underscores the area’s enduring appeal in the luxury real estate market.
| Feature | Details |
|---|---|
| ZIP Code | 85253 |
| Location | Paradise Valley, Arizona |
| Median Sale Price | $3.5 million |
| National Ranking | 23rd most expensive ZIP code in the U.S. |
| Consecutive Years Recognized | Seven consecutive years |
| Notable Residents | Celebrities and business executives |
| Comparison to Top National ZIP Codes | Ranked below Miami Beach’s 33109 ($9.5 million) and Atherton, California’s 94027 ($8.333 million) |
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Author: STAFF HERE PHOENIX WRITER
The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.
