The variety of American homes price $1 million is at an all-time excessive, as dwelling costs proceed to hit new information.
Whereas million-dollar properties are out of attain for the overwhelming majority of People, they’re now not simply being purchased and offered by the ultra-wealthy. In San Francisco, the median-priced dwelling sells for greater than $1.6 million – far above the nationwide median of $441,000. In the meantime, in Detroit, $1 million listings are uncommon.
At the moment, there are solely 7 main metros the place a luxurious dwelling – valued within the prime 5% of properties – prices lower than $1 million, in comparison with 30 simply 5 years in the past.
“The $1 million mark used to sign true luxurious; now, in lots of components of the nation, it merely means the value of a typical dwelling,” stated Jonathan Huffer, a Redfin Premier agent specializing in luxurious properties in Palm Seaside, FL. “It’s a mirrored image of how dramatically dwelling costs have risen, particularly in coastal markets the place million-dollar listings have turn into the norm somewhat than the exception.”
So, are you questioning what $1 million buys in right this moment’s market? We pulled present listings from Redfin.com to see how far it goes in 25 totally different cities. From wooded mansions to city condos, right here’s a have a look at what’s on the market.
1. Alexandria, VA
3210 Outdated Dominion Blvd, Alexandria, VA 22305
Arlington homes come at a premium. This Colonial provides 3 beds, 2 baths, and 1,906 sq ft on a wooded quarter-acre lot. In comparison with someplace like New Haven, you get half the sq. footage for a similar worth.
2. Atlanta, GA
475 Rose Backyard Ln, Alpharetta, GA 30009
A market tipped in homebuyers’ favor, Atlanta provides rather a lot for these with the funds. This end-unit townhome in close by Alpharetta provides 4 beds and three.5 baths over 2,640 sq ft.
3. Aurora, IL
9439 Corneils Rd, Bristol, IL 60512
Situated on the outskirts of Aurora, a Chicago suburb, this historic Nineteenth-century dairy barn has been reworked right into a 9,150 square-foot dwelling that overlooks attractive farmland. $1 million can purchase you fairly the home in exurban Illinois.
4. Austin, TX
182 Emma Loop, Austin, TX 78737
In Austin, $1 million can purchase a 3,700 sq ft, 4-bed, 3.5-bath dwelling like this one – backing onto a greenbelt with a spa-like major suite, workplace, media room, and 3-car storage. Costs have dropped considerably prior to now few years, serving to seven-digit budgets go additional than they used to.
5. Baltimore, MD
1104 Excessive Nation Rd, Baltimore, MD 21286
Set on a wooded acre within the outskirts of Baltimore, this 3,262 sq ft “Acorn Deck Home” options post-and-beam design, floor-to-ceiling glass, and loads of decks. $1 million can purchase greater than three median-priced properties in Baltimore.
6. Cambridge, MA
305 Webster Ave #109, Cambridge, MA 02141
$1 million doesn’t go as far in Cambridge, the place the median sale worth is $1.2 million. This 1,252 sq ft live-work rental options elevator entry and polished concrete flooring with a quartz kitchen.
7. Charleston, SC
3525 E Higgins Dr, Mount Nice, SC 29466
Greater than twice the native median sale worth, this 2,400 sq-ft dwelling options 3 bedrooms, 2.5 loos, and quick access to facilities like Isle of Palms and downtown Charleston.
8. Denver, CO
256 Bannock St, Denver, CO 80223
This preserved 1901 brick bungalow in Denver spans 1,822 sq ft with 3 beds, 2 baths, and a big entrance yard.
9. Fort Lauderdale, FL
2430 Cat Cay Ln, Fort Lauderdale, FL 33312
This $1 million house is simply 1,400 sq. ft, nevertheless it comes with a pool, 3 bedrooms, 2 loos, and a big outside leisure space.
10. Grand Rapids, MI
9547 Downes St NE, Lowell, MI 49331
In japanese Grand Rapids, this Michigan dwelling spans 4,300+ sq. ft with 5 bedrooms and three.5 loos. Close by Detroit is the most affordable metropolis to dwell within the nation, so it’s no shock you should purchase one thing giant in Grand Rapids for $1 million.
11. Houston, TX
2706 Westgate St, Houston, TX 77098
Houston has a few of the lowest home costs within the nation, so $1 million goes fairly far. This house is simply minutes from downtown and spans 3,650 sq ft, with 4 beds, 3 baths, and luxurious facilities on each flooring.
12. Jersey Metropolis, NJ
800 Avenue at Port Imperial #508, Weehawken, NJ 07086
Jersey Metropolis’s excessive rises command a steep worth. This rental alongside the Hudson River is simply 973 sq ft with 2 beds and a couple of baths. There are luxurious options, although, like quartz counter tops and a resident-only pool and fitness center. Views of the Manhattan skyline don’t damage, both.
13. Kansas Metropolis, MO
4731 Fairmount Ave, Kansas Metropolis, MO 64112
This 3,000 sq ft West Plaza dwelling options 4 beds, 3.5 baths, a marble fire, a 2-car storage, and lined deck. This $1 million home is over thrice dearer than the standard Kansas Metropolis dwelling.
14. Las Vegas, NV
7255 Daring Rock Ave, Las Vegas, NV 89113
Even after its pandemic-era increase, $1 million can nonetheless purchase you loads of home in Las Vegas – like this 5-bedroom, 4-bathroom, 4,300-sq-ft dwelling on the fringe of city.
15. Los Angeles, CA
321 N Oakhurst Dr #404, Beverly Hills, CA 90210
Los Angeles is extremely costly, particularly amongst locals. $1 million doesn’t even clear the median sale worth. This itemizing is a Beverly Hills rental with 1,820 sq. ft, 2 beds, and a couple of baths.
16. Minneapolis, MN
15 Summit Pl, Minneapolis, MN 55403
Minneapolis is among the many costliest Midwestern cities, however $1 million nonetheless goes a great distance. Take this twin dwelling: 3,200 sq ft with 4 beds, 3 baths, vaulted ceilings, and a wooded multi-level patio.
17. New Haven, CT
11 Aldo Dr, Woodbridge, CT 06525
In New Haven, $1 million can purchase you a 4,300 sq ft colonial home with 4 beds, 2.5 baths, a vaulted household room, and a 3-car storage.
18. Phoenix, AZ
1330 E Monte Method, Phoenix, AZ 85042
Home costs range extensively within the Phoenix space – and are the best in Scottsdale, the place the standard home goes for over $900k. This 3,500 square-foot house is situated in additional reasonably priced South Phoenix and has 4 bedrooms, 3.5 loos, and photo voltaic panels.
19. Portland, OR
2327 NW Northrup St #7, Portland, OR 97210
This 4-bed, 3.5-bath Portland townhouse provides practically 3,000 sq ft, a number of decks, and 2-car parking within the coronary heart of downtown. Portland’s suburbs are cheaper than its downtown core, so you will get more room for a similar worth in locations like Beaverton.
20. Salt Lake Metropolis, UT
6923 W Lengthy Ridge Dr S, Herriman, UT 84096
Salt Lake Metropolis continues to develop alongside its home costs, however this $1 million home nonetheless appears like a steal. With 4,600 sq. ft of residing area, this dwelling consists of 6 bedrooms, 3.5 loos, a completed basement, and group facilities.
21. San Diego, CA
3055 Suncrest Dr, San Diego, CA 92116
For just below $1 million in San Diego, you possibly can personal this 906 sq-ft Spanish-Revival home. It has 2 bedrooms, 1 lavatory, a brick-laden again patio and room for a backyard. San Diego was the costliest metropolis to dwell within the nation in 2023, and prices haven’t dropped since.
22. San Jose, CA
1310 Thistle Pl, Milpitas, CA 95035
San Jose has the best home costs amongst main U.S. metros, so it’s not shocking that $1 million buys a reasonably small dwelling. This up to date 2-bed, 2-bath home in Milpitas is 1,200 sq. ft.
23. Seattle, WA
410 A tenth Ave E, Seattle, WA 98102
This 3-story, 1,490-square-foot townhome is a quintessential instance of what $1 million buys in Seattle. Trendy finishes, two decks, and an excellent location are main advantages.
24. Spokane, WA
24106 E Broadway Ct, Liberty Lake, WA 99019
Spokane is much cheaper than Seattle, so a $1 million home appears rather a lot totally different. This itemizing options 4 bedrooms and three loos throughout 5,205 sq. ft, together with resort-style facilities and an enormous property.
25. Wilmington, NC
9406 Voyagers Method, Wilmington, NC 28412
In Wilmington, $1 million can purchase you a 3,484 square-foot coastal home with waterfront views – like this 4-bed, 3.5-bath dwelling on a peaceable cul-de-sac.
Methodology
All listings are listed by a Redfin actual property agent and had been lively as of July 9, 2025. Housing market information is sourced from Redfin and covers via Could 2025.
