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 Montgomery. Listings between $500,000 and $1,000,000 were included.
7266 Wynlakes Blvd, Montgomery
- Price: $999,000
- 5 bedrooms, 5 bathrooms
- Square feet: 6,128
- Price per square foot: $163
- See 7266 Wynlakes Blvd, Montgomery on Redfin.com
3175 Thomas Ave, Montgomery
- Price: $995,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 7,021
- Price per square foot: $141
- See 3175 Thomas Ave, Montgomery on Redfin.com
6261 Thach Rd, Montgomery
- Price: $985,000
- 6 bedrooms, 6 bathrooms
- Square feet: 6,776
- Price per square foot: $145
- See 6261 Thach Rd, Montgomery on Redfin.com
7178 Wyngrove Dr, Montgomery
- Price: $959,900
- 6 bedrooms, 6 bathrooms
- Square feet: 6,382
- Price per square foot: $150
- See 7178 Wyngrove Dr, Montgomery on Redfin.com
9861 Wyncrest Cir, Montgomery
- Price: $949,000
- 4 bedrooms, 4 bathrooms
- Square feet: 6,120
- Price per square foot: $155
- See 9861 Wyncrest Cir, Montgomery on Redfin.com
35 S Court St, Montgomery
- Price: $885,000
- 3 bedrooms, 4 bathrooms
- Square feet: 8,008
- Price per square foot: $110
- See 35 S Court St, Montgomery on Redfin.com
8478 Rockbridge Cir, Montgomery
- Price: $875,000
- 4 bedrooms, 4 bathrooms
- Square feet: 4,625
- Price per square foot: $189
- See 8478 Rockbridge Cir, Montgomery on Redfin.com
1522 W Old Hayneville Rd, Le Grand
- Price: $875,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,474
- Price per square foot: $353
- See 1522 W Old Hayneville Rd, Le Grand on Redfin.com
1944 S Hull St, Montgomery
- Price: $850,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 6,671
- Price per square foot: $127
- See 1944 S Hull St, Montgomery on Redfin.com
9747 Wynchase Cir, Montgomery
- Price: $849,900
- 4 bedrooms, 4.5 bathrooms
- Square feet: 5,192
- Price per square foot: $163
- See 9747 Wynchase Cir, Montgomery on Redfin.com
3317 Bankhead Ave, Montgomery
- Price: $849,000
- 5 bedrooms, 5.5 bathrooms
- Square feet: 5,169
- Price per square foot: $164
- See 3317 Bankhead Ave, Montgomery on Redfin.com
3515 Bankhead Ave, Montgomery
- Price: $840,000
- 4 bedrooms, 5 bathrooms
- Square feet: 7,045
- Price per square foot: $119
- See 3515 Bankhead Ave, Montgomery on Redfin.com
9743 Wynchase Cir, Montgomery
- Price: $819,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,829
- Price per square foot: $169
- See 9743 Wynchase Cir, Montgomery on Redfin.com
1700 Bell Rd, Montgomery
- Price: $799,999
- 4 bedrooms, 5 bathrooms
- Square feet: 4,961
- Price per square foot: $161
- See 1700 Bell Rd, Montgomery on Redfin.com
9533 Fendall Hall Cir, Montgomery
- Price: $799,900
- 4 bedrooms, 4.5 bathrooms
- Square feet: 4,752
- Price per square foot: $168
- See 9533 Fendall Hall Cir, Montgomery on Redfin.com
8048 Westchester Pl, Montgomery
- Price: $799,000
- 4 bedrooms, 4 bathrooms
- Square feet: 4,741
- Price per square foot: $168
- See 8048 Westchester Pl, Montgomery on Redfin.com
632 Horseshoe Curv, Pike Road
- Price: $775,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,010
- Price per square foot: $193
- See 632 Horseshoe Curv, Pike Road on Redfin.com
3036 Bankhead Ave, Montgomery
- Price: $752,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 4,868
- Price per square foot: $154
- See 3036 Bankhead Ave, Montgomery on Redfin.com
1604 Gilmer Ave, Montgomery
- Price: $750,000
- 6 bedrooms, 4.5 bathrooms
- Square feet: 6,500
- Price per square foot: $115
- See 1604 Gilmer Ave, Montgomery on Redfin.com
9846 Wynchase Cir, Montgomery
- Price: $749,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,682
- Price per square foot: $159
- See 9846 Wynchase Cir, Montgomery on Redfin.com
8360 Longneedle Dr, Montgomery
- Price: $749,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,688
- Price per square foot: $203
- See 8360 Longneedle Dr, Montgomery on Redfin.com
3552 Thomas Ave, Montgomery
- Price: $745,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 4,152
- Price per square foot: $179
- See 3552 Thomas Ave, Montgomery on Redfin.com
116 Payne Rd, Montgomery
- Price: $740,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,492
- Price per square foot: $164
- See 116 Payne Rd, Montgomery on Redfin.com
591 King's Meadow St, Pike Road
- Price: $740,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,002
- Price per square foot: $246
- See 591 King's Meadow St, Pike Road on Redfin.com
7208 Brisbane Pl, Montgomery
- Price: $729,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 4,599
- Price per square foot: $158
- See 7208 Brisbane Pl, Montgomery on Redfin.com
1550 Meriwether Rd, Montgomery
- Price: $725,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 6,031
- Price per square foot: $120
- See 1550 Meriwether Rd, Montgomery on Redfin.com
2441 Gunster Rd, Montgomery
- Price: $725,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 4,608
- Price per square foot: $157
- See 2441 Gunster Rd, Montgomery on Redfin.com
7117 Fain Park Dr, Montgomery
- Price: $720,000
- 5 bedrooms, 5 bathrooms
- Square feet: 3,571
- Price per square foot: $201
- See 7117 Fain Park Dr, Montgomery on Redfin.com
8625 Wynford Pl, Montgomery
- Price: $715,900
- 4 bedrooms, 4 bathrooms
- Square feet: 4,247
- Price per square foot: $168
- See 8625 Wynford Pl, Montgomery on Redfin.com
631 King's Meadow St, Pike Road
- Price: $689,900
- 4 bedrooms, 4.5 bathrooms
- Square feet: 3,540
- Price per square foot: $194
- See 631 King's Meadow St, Pike Road 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.
Reader Comments(0)