How much house $1 million buys you in Anchorage
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 Anchorage. Listings between $500,000 and $1,000,000 were included.
8887 Sasquatch Cir, Eagle River
- Price: $999,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,010
- Price per square foot: $331
- See 8887 Sasquatch Cir, Eagle River on Redfin.com
710 W 16th Ave, Anchorage
- Price: $995,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,447
- Price per square foot: $223
- See 710 W 16th Ave, Anchorage on Redfin.com
100 W 15th Ave Unit A, Anchorage
- Price: $995,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,200
- Price per square foot: $452
- See 100 W 15th Ave Unit A, Anchorage on Redfin.com
3831 Harca St, Eagle River
- Price: $989,900
- 4 bedrooms, 3 bathrooms
- Square feet: 4,214
- Price per square foot: $234
- See 3831 Harca St, Eagle River on Redfin.com
4051 Twilight Ln, Anchorage
- Price: $979,999
- 3 bedrooms, 3 bathrooms
- Square feet: 3,318
- Price per square foot: $295
- See 4051 Twilight Ln, Anchorage on Redfin.com
14901 Terrrace Ln, Eagle River
- Price: $975,000
- 3 bedrooms, 4.5 bathrooms
- Square feet: 4,624
- Price per square foot: $210
- See 14901 Terrrace Ln, Eagle River on Redfin.com
7900 Sitzmark Cir, Anchorage
- Price: $975,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,925
- Price per square foot: $248
- See 7900 Sitzmark Cir, Anchorage on Redfin.com
500 M St #103, Anchorage
- Price: $975,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,366
- Price per square foot: $412
- See 500 M St #103, Anchorage on Redfin.com
12799 Ginami St, Anchorage
- Price: $964,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,152
- Price per square foot: $232
- See 12799 Ginami St, Anchorage on Redfin.com
528 Coastal Pl #1, Anchorage
- Price: $949,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,200
- Price per square foot: $431
- See 528 Coastal Pl #1, Anchorage on Redfin.com
4400 O'Malley Rd, Anchorage
- Price: $949,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,719
- Price per square foot: $349
- See 4400 O'Malley Rd, Anchorage on Redfin.com
10380 Honey Bear Ln, Anchorage
- Price: $944,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,352
- Price per square foot: $281
- See 10380 Honey Bear Ln, Anchorage on Redfin.com
18744 Denmark Cir, Anchorage
- Price: $939,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,576
- Price per square foot: $364
- See 18744 Denmark Cir, Anchorage on Redfin.com
22135 Aurora Borealis Rd, Chugiak
- Price: $935,000
- 5 bedrooms, 5.5 bathrooms
- Square feet: 5,327
- Price per square foot: $175
- See 22135 Aurora Borealis Rd, Chugiak on Redfin.com
3833 Eastwind Dr, Anchorage
- Price: $925,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,036
- Price per square foot: $229
- See 3833 Eastwind Dr, Anchorage on Redfin.com
18706 Petrel Cir, Anchorage
- Price: $899,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,600
- Price per square foot: $249
- See 18706 Petrel Cir, Anchorage on Redfin.com
2923 Captain Cook Estates Cir, Anchorage
- Price: $899,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,704
- Price per square foot: $332
- See 2923 Captain Cook Estates Cir, Anchorage on Redfin.com
4187 Chiniak Bay Dr, Anchorage
- Price: $899,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,007
- Price per square foot: $298
- See 4187 Chiniak Bay Dr, Anchorage on Redfin.com
2447 Loussac Dr, Anchorage
- Price: $899,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,000
- Price per square foot: $299
- See 2447 Loussac Dr, Anchorage on Redfin.com
14311 Pickett St, Anchorage
- Price: $899,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,417
- Price per square foot: $371
- See 14311 Pickett St, Anchorage on Redfin.com
18041 Spain Dr, Anchorage
- Price: $885,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,431
- Price per square foot: $364
- See 18041 Spain Dr, Anchorage on Redfin.com
3931 Moonstar Cir, Anchorage
- Price: $875,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,775
- Price per square foot: $231
- See 3931 Moonstar Cir, Anchorage on Redfin.com
6033 Heather Wood Cir, Anchorage
- Price: $875,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,166
- Price per square foot: $276
- See 6033 Heather Wood Cir, Anchorage on Redfin.com
5466 Sandhill Loop, Anchorage
- Price: $874,900
- 5 bedrooms, 3 bathrooms
- Square feet: 3,068
- Price per square foot: $285
- See 5466 Sandhill Loop, Anchorage on Redfin.com
3840 Delwood Pl, Anchorage
- Price: $865,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,556
- Price per square foot: $189
- See 3840 Delwood Pl, Anchorage on Redfin.com
1135 Alyeska Hwy, Girdwood
- Price: $865,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,552
- Price per square foot: $557
- See 1135 Alyeska Hwy, Girdwood on Redfin.com
7041 Potter Hts, Anchorage
- Price: $855,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,417
- Price per square foot: $353
- See 7041 Potter Hts, Anchorage on Redfin.com
15100 Old Seward Hwy, Anchorage
- Price: $850,000
- 3 bedrooms, 2 bathrooms
- Square feet: 3,932
- Price per square foot: $216
- See 15100 Old Seward Hwy, Anchorage on Redfin.com
11300 Browder Ave, Anchorage
- Price: $850,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,578
- Price per square foot: $329
- See 11300 Browder Ave, Anchorage on Redfin.com
13250 Ridgewood Cir, Anchorage
- Price: $850,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,354
- Price per square foot: $361
- See 13250 Ridgewood Cir, Anchorage on Redfin.com
$1 million dollar homes in major cities around the country
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
