This O.C. city has California’s richest real estate. Why it beat out Silicon Valley gold
It’s hundreds of miles from the AI boom and tech billionaire class of Silicon Valley. It maintains an image, at least in some minds, as a beachside mecca for old money, big yachts and conspicuous consumption. And now, a new Times analysis of the highest home values in California shows Newport Beach perched at the top. Among California’s most upscale neighborhoods, a subtle reshuffling has taken place in recent decades, with the highest home values migrating from Northern California to Southern California. A Times analysis for 2026 shows three of the top 10 ZIP Codes for highest home value were on Newport Beach. Only one other community showed up twice on the list: Los Altos in Silicon Valley. Attendees toured the showcased pleasure yacht Aviator, with its opulent salon, during the Newport Beach Wooden Boat Festival. (Susan Hoffman) Shift from north to south Property values are just one way of assessing wealth and do not take into account such markers as income and tax base. But they do offer a window into the demographic patterns …


