The people's voice of reason
The people's voice of reason
The number of American houses worth $1 million is at an all-time high, as home prices continue to hit new records.
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 Daphne. Listings between $500,000 and $1,000,000 were included.
10055 Rosewood Ln, Daphne
- Price: $999,500
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,526
- Price per square foot: $283
- See 10055 Rosewood Ln, Daphne on Redfin.com
8779 Lamhatty Ln, Daphne
- Price: $924,900
- 4 bedrooms, 4.5 bathrooms
- Square feet: 5,000
- Price per square foot: $184
- See 8779 Lamhatty Ln, Daphne on Redfin.com
8648 N Lamhatty Ln, Daphne
- Price: $899,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,075
- Price per square foot: $220
- See 8648 N Lamhatty Ln, Daphne on Redfin.com
7914 Pine Run, Daphne
- Price: $869,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,955
- Price per square foot: $219
- See 7914 Pine Run, Daphne on Redfin.com
805 Captain O'Neal Dr, Daphne
- Price: $864,000
- 2 bedrooms, 3 bathrooms
- Square feet: 2,100
- Price per square foot: $411
- See 805 Captain O'Neal Dr, Daphne on Redfin.com
12040 County Road 54, Daphne
- Price: $850,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,016
- Price per square foot: $421
- See 12040 County Road 54, Daphne on Redfin.com
611 Van Ave, Daphne
- Price: $849,786
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,446
- Price per square foot: $246
- See 611 Van Ave, Daphne on Redfin.com
6400 Harbor Place Dr, Daphne
- Price: $815,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,806
- Price per square foot: $214
- See 6400 Harbor Place Dr, Daphne on Redfin.com
24212 Trowbridge Ct, Daphne
- Price: $812,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 3,378
- Price per square foot: $240
- See 24212 Trowbridge Ct, Daphne on Redfin.com
8624 N Lamhatty Ln, Daphne
- Price: $798,999
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,680
- Price per square foot: $217
- See 8624 N Lamhatty Ln, Daphne on Redfin.com
402 Potters Mill Ave, Daphne
- Price: $795,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,265
- Price per square foot: $243
- See 402 Potters Mill Ave, Daphne on Redfin.com
709 Oak Bluff Dr, Daphne
- Price: $775,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,503
- Price per square foot: $221
- See 709 Oak Bluff Dr, Daphne on Redfin.com
27968 Paynes Gray Ln, Daphne
- Price: $755,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,346
- Price per square foot: $225
- See 27968 Paynes Gray Ln, Daphne on Redfin.com
9518 Bella Dr, Daphne
- Price: $749,500
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,669
- Price per square foot: $204
- See 9518 Bella Dr, Daphne on Redfin.com
9861 Bella Dr, Daphne
- Price: $745,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,579
- Price per square foot: $208
- See 9861 Bella Dr, Daphne on Redfin.com
27741 Rhone Dr, Daphne
- Price: $729,900
- 5 bedrooms, 3 bathrooms
- Square feet: 3,357
- Price per square foot: $217
- See 27741 Rhone Dr, Daphne on Redfin.com
30482 Laurel Ct, Daphne
- Price: $715,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,346
- Price per square foot: $213
- See 30482 Laurel Ct, Daphne on Redfin.com
30139 D'Olive Rdg, Daphne
- Price: $699,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,249
- Price per square foot: $215
- See 30139 D'Olive Rdg, Daphne on Redfin.com
8802 S Lamhatty Ln, Daphne
- Price: $699,000
- 5 bedrooms, 4 bathrooms
- Square feet: 2,930
- Price per square foot: $238
- See 8802 S Lamhatty Ln, Daphne on Redfin.com
892 Randall Ave, Daphne
- Price: $698,000
- 2 bedrooms, 2 bathrooms
- Square feet: 2,622
- Price per square foot: $266
- See 892 Randall Ave, Daphne on Redfin.com
30230 D'Olive Rdg, Daphne
- Price: $691,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,411
- Price per square foot: $202
- See 30230 D'Olive Rdg, Daphne on Redfin.com
1262 Frances St, Daphne
- Price: $689,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,457
- Price per square foot: $199
- See 1262 Frances St, Daphne on Redfin.com
510 E Oak Ridge Ct, Daphne
- Price: $689,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,000
- Price per square foot: $229
- See 510 E Oak Ridge Ct, Daphne on Redfin.com
24936 Bosbyshell Ave, Daphne
- Price: $689,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,769
- Price per square foot: $248
- See 24936 Bosbyshell Ave, Daphne on Redfin.com
29392 Acorn Knoll Dr, Daphne
- Price: $684,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,048
- Price per square foot: $224
- See 29392 Acorn Knoll Dr, Daphne on Redfin.com
9000 Pine Run, Daphne
- Price: $679,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,334
- Price per square foot: $203
- See 9000 Pine Run, Daphne on Redfin.com
30208 D'Olive Rdg, Daphne
- Price: $679,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,129
- Price per square foot: $217
- See 30208 D'Olive Rdg, Daphne on Redfin.com
30571 Middle Creek Cir, Daphne
- Price: $659,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,570
- Price per square foot: $184
- See 30571 Middle Creek Cir, Daphne on Redfin.com
9023 Krystal Ridge Ct, Daphne
- Price: $649,000
- 6 bedrooms, 3.5 bathrooms
- Square feet: 4,236
- Price per square foot: $153
- See 9023 Krystal Ridge Ct, Daphne on Redfin.com
25890 Bellewood Dr, Daphne
- Price: $647,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,132
- Price per square foot: $206
- See 25890 Bellewood Dr, Daphne on Redfin.com
215 W Illinois St Unit 2B-2C, Chicago
- Price: $1,000,000
- 3 bedrooms, 3 bathrooms
- Square feet: 4,396
- Price per square foot: $227
- See 215 W Illinois St Unit 2B-2C, Chicago on Redfin.com
5435 Preston Fairways Cir, Dallas
- Price: $1,000,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 4,392
- Price per square foot: $227
- See 5435 Preston Fairways Cir, Dallas on Redfin.com
2956 W Avenue 35, Los Angeles
- Price: $1,000,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,662
- Price per square foot: $601
- See 2956 W Avenue 35, Los Angeles on Redfin.com
6049 SW 165th Ave, Miami
- Price: $1,000,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,153
- Price per square foot: $317
- See 6049 SW 165th Ave, Miami on Redfin.com
206 E 95th St Unit 12B, New York City
- Price: $1,000,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,001
- Price per square foot: $999
- See 206 E 95th St Unit 12B, New York City on Redfin.com
3070 61st Ave SW, Seattle
- Price: $1,000,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,670
- Price per square foot: $598
- See 3070 61st Ave SW, Seattle on Redfin.com
This story was produced by Redfin Real Estate and reviewed and distributed by Stacker.
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