The variety of American homes value $1 million is at an all-time excessive, as residence 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 residence 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.
Immediately, there are solely 7 main metros the place a luxurious residence – valued within the high 5% of properties – prices lower than $1 million, in comparison with 30 simply 5 years in the past.
“The $1 million mark used to signal true luxury; now, in many parts of the country, it simply means the price of a typical home,” mentioned Jonathan Huffer, a Redfin Premier agent specializing in luxurious properties in Palm Seashore, FL. “It’s a reflection of how dramatically home prices have risen, especially in coastal markets where million-dollar listings have become the norm rather than the exception.”
So, are you questioning what $1 million buys in right now’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 take a look at what’s on the market.
1. Alexandria, VA
3210 Previous Dominion Blvd, Alexandria, VA 22305
Arlington homes come at a premium. This Colonial gives 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 gives quite a bit for these with the finances. This end-unit townhome in close by Alpharetta gives 4 beds and three.5 baths over 2,640 sq ft.
3. Aurora, IL
9439 Corneils Rd, Bristol, IL 60512
Positioned on the outskirts of Aurora, a Chicago suburb, this historic Nineteenth-century dairy barn has been reworked right into a 9,150 square-foot residence that overlooks attractive farmland. $1 million should purchase you fairly the home in exurban Illinois.
4. Austin, TX
182 Emma Loop, Austin, TX 78737
In Austin, $1 million should purchase a 3,700 sq ft, 4-bed, 3.5-bath residence like this one – backing onto a greenbelt with a spa-like major suite, workplace, media room, and 3-car storage. Costs have dropped considerably up 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 House” options post-and-beam design, floor-to-ceiling glass, and loads of decks. $1 million should 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 apartment 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 residence options 3 bedrooms, 2.5 loos, and easy accessibility 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, however 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 jap Grand Rapids, this Michigan residence 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 buy 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 ground.
12. Jersey Metropolis, NJ
800 Avenue at Port Imperial #508, Weehawken, NJ 07086
Jersey Metropolis’s excessive rises command a steep worth. This apartment 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 health club. Views of the Manhattan skyline don’t harm, both.
13. Kansas Metropolis, MO
4731 Fairmount Ave, Kansas Metropolis, MO 64112
This 3,000 sq ft West Plaza residence 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 residence.
14. Las Vegas, NV
7255 Daring Rock Ave, Las Vegas, NV 89113
Even after its pandemic-era increase, $1 million can nonetheless purchase you a whole lot of home in Las Vegas – like this 5-bedroom, 4-bathroom, 4,300-sq-ft residence 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 apartment 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 most costly Midwestern cities, however $1 million nonetheless goes a great distance. Take this twin residence: 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 should 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 fluctuate broadly within the Phoenix space – and are the very best in Scottsdale, the place the standard home goes for over $900k. This 3,500 square-foot house is positioned in additional inexpensive 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 gives 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 may get extra space 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 seems like a steal. With 4,600 sq. ft of residing area, this residence contains 6 bedrooms, 3.5 loos, a completed basement, and neighborhood facilities.
21. San Diego, CA
3055 Suncrest Dr, San Diego, CA 92116
For slightly below $1 million in San Diego, you may 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 most costly 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 very best home costs amongst main U.S. metros, so it’s not shocking that $1 million buys a reasonably small residence. 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 incredible location are main advantages.
24. Spokane, WA
24106 E Broadway Ct, Liberty Lake, WA 99019
Spokane is way cheaper than Seattle, so a $1 million home appears to be like quite a bit 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 should purchase you a 3,484 square-foot coastal home with waterfront views – like this 4-bed, 3.5-bath residence on a peaceable cul-de-sac.
Methodology
All listings are listed by a Redfin actual property agent and have been energetic as of July 9, 2025. Housing market knowledge is sourced from Redfin and covers via Might 2025.
