Here's how much house $1M buys you across the US
While million-dollar homes are out of reach for the vast majority of Americans, they are no longer just being bought and sold by the ultra-wealthy. In San Francisco, the median-priced home sells for more than $1.6 million – far above the national median of $441,000. Meanwhile, in Detroit, $1 million listings are rare.
Today, there are only seven major metros where a luxury home - valued in the top 5% of homes - costs less than $1 million, compared to 30 just five years ago.
"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," said Jonathan Huffer, a Redfin Premier agent specializing in luxury properties in Palm Beach, Florida. "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 wondering what $1 million buys in today's market? Redfin Real Estate pulled from its listings to see how far it goes in 25 different cities. From wooded mansions to urban condos, here's a look at what's out there.
1. Alexandria, Virginia
3210 Old Dominion Blvd., Alexandria, Virginia 22305
List price: $999,000Alexandria median sale price: $715,000
Arlington houses come at a premium. This Colonial offers 3 beds, 2 baths, and 1,906 square feet on a wooded quarter-acre lot. Compared to somewhere like New Haven, you get half the square footage for the same price.
2. Atlanta metro area, Georgia
475 Rose Garden Ln., Alpharetta, Georgia 30009
List price: $980,000Atlanta median sale price: $426,250
A market tipped in homebuyers' favor, Atlanta offers a lot for those with the budget. This end-unit townhome in nearby Alpharetta offers 4 beds and 3.5 baths over 2,640 square feet.
3. Bristol, Illinois
9439 Corneils Rd., Bristol, Illinois 60512
List price: $995,000Aurora median sale price: $345,000
Located on the outskirts of Aurora, a Chicago suburb, this historic 19th-century dairy barn has been transformed into a 9,150-square-foot home that overlooks gorgeous farmland. $1 million can buy you quite the house in exurban Illinois.
4. Austin, Texas
182 Emma Loop, Austin, Texas 78737
List price: $949,000Austin median sale price: $557,500
In Austin, $1 million can buy a 3,700-square-foot, 4-bed, 3.5-bath home like this one - backing onto a greenbelt with a spalike primary suite, office, media room, and 3-car garage. Prices have dropped substantially in the past few years, helping seven-digit budgets go further than they used to.
5. Baltimore, Maryland
1104 High Country Rd, Baltimore, Maryland 21286
List price: $950,000Baltimore median sale price: $243,000
Set on a wooded acre in the outskirts of Baltimore, this 3,262-square-foot "Acorn Deck House" features post-and-beam design, floor-to-ceiling glass, and plenty of decks. $1 million can buy more than three median-priced homes in Baltimore.
6. Cambridge, Massachusetts
305 Webster Ave. #109, Cambridge, Massachusetts 02141
List price: $949,000Cambridge median sale price: $1,290,000
$1 million doesn't go as far in Cambridge, where the median sale price is $1.2 million. This 1,252-square-foot live-work condo features elevator access and polished concrete floors with a quartz kitchen.
7. Charleston County, South Carolina
3525 E. Higgins Dr., Mount Pleasant, South Carolina 29466
List price: $949,900Charleston median sale price: $610,000
This 2,400-square-foot suburban home features 3 bedrooms, 2.5 bathrooms, and easy access to amenities like Isle of Palms and downtown Charleston.
8. Denver, Colorado
256 Bannock St., Denver, Colorado 80223
List price: $980,000Denver median sale price: $611,500
This preserved 1901 brick bungalow in Denver spans 1,822 square feet with 3 beds, 2 baths, and a large front yard.
9. Fort Lauderdale, Florida
2430 Cat Cay Ln., Fort Lauderdale, Florida 33312
List price: $995,000Fort Lauderdale median sale price: $610,000
This $1 million home is just 1,400 square feet, but it comes with a pool, 3 bedrooms, 2 bathrooms, and a large outdoor entertainment area.
10. Grand Rapids, Michigan
9547 Downes St. NE, Lowell, Michigan 49331
List price: $999,750Grand Rapids median sale price: $365,000
In eastern Grand Rapids, this Michigan home spans 4,300 square feet with 5 bedrooms and 3.5 bathrooms. Nearby Detroit is the cheapest city to live in the nation, so it's no surprise you can buy something large in Grand Rapids for $1 million.
11. Houston, Texas
2706 Westgate St., Houston, Texas 77098
List price: $999,950Houston median sale price: $340,000
Houston has some of the lowest house prices in the country, so $1 million goes pretty far. This home is just minutes from downtown and spans 3,650 square feet, with 4 beds, 3 baths, and luxury amenities on every floor.
12. Jersey City area, New Jersey
800 Avenue at Port Imperial #508, Weehawken, New Jersey 07086
List price: $950,000Jersey City median sale price: $774,000
Jersey City's high rises command a steep price. This condo along the Hudson River is just 973 square feet with 2 beds and 2 baths. There are luxury features, though, like quartz countertops and a resident-only pool and gym. Views of the Manhattan skyline don't hurt, either.
13. Kansas City, Missouri
4731 Fairmount Ave., Kansas City, Missouri 64112
List price: $950,000Kansas City median sale price: $300,000
This 3,000-square-foot West Plaza home features 4 beds, 3.5 baths, a marble fireplace, a 2-car garage, and a covered deck. This $1 million house is over three times more expensive than the typical Kansas City home.
14. Las Vegas, Nevada
7255 Bold Rock Ave., Las Vegas, Nevada 89113
List price: $970,000Las Vegas median sale price: $445,000
Even after its pandemic-era boom, $1 million can still buy you a lot of house in Las Vegas - like this 5-bedroom, 4-bathroom, 4,300-square-foot home at the edge of town.
15. Los Angeles, California
321 N Oakhurst Dr. #404, Beverly Hills, California 90210
List price: $989,000Los Angeles median sale price: $1,055,000
Los Angeles is incredibly expensive, especially among locals. $1 million doesn't even clear the median sale price. This listing is a Beverly Hills condo with 1,820 square feet, 2 beds, and 2 baths.
16. Minneapolis, Minnesota
15 Summit Pl., Minneapolis, Minnesota 55403
List price: $949,000Minneapolis median sale price: $385,000
Minneapolis is among the most expensive Midwestern cities, but $1 million still goes a long way. Take this twin home: 3,200 square feet with 4 beds, 3 baths, vaulted ceilings, and a wooded multilevel patio.
17. New Haven, Connecticut
11 Aldo Dr., Woodbridge, Connecticut 06525
List price: $899,900New Haven median sale price: $362,000
In New Haven, $1 million can buy you a 4,300-square-foot colonial house with 4 beds, 2.5 baths, a vaulted family room, and a 3-car garage.
18. Phoenix, Arizona
1330 E. Monte Way, Phoenix, Arizona 85042
List price: $950,000Phoenix median sale price: $450,000
House prices vary widely in the Phoenix area - and are the highest in Scottsdale, where the typical house goes for over $900,000. This 3,500-square-foot home is located in more affordable South Phoenix and has 4 bedrooms, 3.5 bathrooms, and solar panels.
19. Portland, Oregon
2327 NW Northrup St. #7, Portland, Oregon 97210
List price: $975,000Portland median sale price: $550,000
This 4-bed, 3.5-bath Portland townhouse offers nearly 3,000 square feet, multiple decks, and 2-car parking in the heart of downtown. Portland's suburbs are cheaper than its downtown core, so you can get more space for the same price in places like Beaverton.
20. Salt Lake City area, Utah
6923 W. Long Ridge Dr. S., Herriman, Utah 84096
List price: $950,000Salt Lake City median sale price: $600,000
Salt Lake City continues to grow alongside its house prices, but this $1 million house still feels like a steal. With 4,600 square feet of living space, this home includes 6 bedrooms, 3.5 bathrooms, a finished basement, and community amenities.
21. San Diego, California
3055 Suncrest Dr., San Diego, California 92116
List price: $935,000San Diego median sale price: $994,000
For just under $1 million in San Diego, you can own this 906-square-foot Spanish Revival house. It has 2 bedrooms, 1 bathroom, a brick-laden back patio, and room for a garden. San Diego was the most expensive city to live in the country in 2023, and costs haven't dropped since.
22. San Jose area, California
1310 Thistle Pl., Milpitas, California 95035
List price: $999,000San Jose median sale price: $1,500,000
San Jose has the highest house prices among major U.S. metros, so it's not surprising that $1 million buys a fairly small home. This updated 2-bed, 2-bath house in Milpitas is 1,200 square feet.
23. Seattle, Washington
410 A 10th Ave. E., Seattle, Washington 98102
List price: $949,950Seattle median sale price: $893,000
This three-story, 1,490-square-foot townhome is a quintessential example of what $1 million buys in Seattle. Modern finishes, two decks, and a great location are major benefits.
24. Spokane, Washington
24106 E. Broadway Ct., Liberty Lake, Washington 99019
List price: $980,000Spokane median sale price: $390,000
Spokane is far cheaper than Seattle, so a $1 million house looks a lot different. This listing features 4 bedrooms and 3 bathrooms across 5,205 square feet, along with resort-style amenities and a huge property.
25. Wilmington, North Carolina
9406 Voyagers Way, Wilmington, North Carolina 28412
List price: $914,900Wilmington median sale price: $476,750
In Wilmington, $1 million can buy you a 3,484-square-foot coastal house with waterfront views - like this 4-bed, 3.5-bath home on a peaceful cul-de-sac.
Methodology
All listings are listed by a Redfin real estate agent and were active as of July 9, 2025. Housing market data is sourced from Redfin and covers through May 2025.
This story was produced by Redfin Real Estate and reviewed and distributed by Stacker.
© Stacker Media, LLC.
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