How much house $1 million buys you in Hot Springs
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 Hot Springs. Listings between $500,000 and $1,000,000 were included.
222 Leigh Cir, Hot Springs
- Price: $999,999
- 5 bedrooms, 5 bathrooms
- Square feet: 5,464
- Price per square foot: $183
- See 222 Leigh Cir, Hot Springs on Redfin.com
201 Aberina St, Hot Springs
- Price: $999,000
- 7 bedrooms, 5.5 bathrooms
- Square feet: 4,866
- Price per square foot: $205
- See 201 Aberina St, Hot Springs on Redfin.com
120 Butler Ln, Hot Springs
- Price: $980,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,940
- Price per square foot: $333
- See 120 Butler Ln, Hot Springs on Redfin.com
261 Peninsula Dr, Hot Springs
- Price: $967,000
- 3 bedrooms, 4 bathrooms
- Square feet: 3,297
- Price per square foot: $293
- See 261 Peninsula Dr, Hot Springs on Redfin.com
2708 Malvern Ave, Hot Springs
- Price: $899,900
- 4 bedrooms, 2 bathrooms
- Square feet: 2,659
- Price per square foot: $338
- See 2708 Malvern Ave, Hot Springs on Redfin.com
129 Alaston Pt, Hot Springs
- Price: $899,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,870
- Price per square foot: $481
- See 129 Alaston Pt, Hot Springs on Redfin.com
123 Bridgeview, Hot Springs
- Price: $899,000
- 4 bedrooms, 4 bathrooms
- Square feet: 2,908
- Price per square foot: $309
- See 123 Bridgeview, Hot Springs on Redfin.com
808 Park Ave, Hot Springs
- Price: $879,000
- 7 bedrooms, 6.5 bathrooms
- Square feet: 5,813
- Price per square foot: $151
- See 808 Park Ave, Hot Springs on Redfin.com
124 Leigh Cir, Hot Springs
- Price: $875,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,409
- Price per square foot: $256
- See 124 Leigh Cir, Hot Springs on Redfin.com
130 Waterside Ln, Hot Springs
- Price: $845,000
- 5 bedrooms, 5.5 bathrooms
- Square feet: 2,276
- Price per square foot: $371
- See 130 Waterside Ln, Hot Springs on Redfin.com
304 Quail Creek Rd, Hot Springs
- Price: $839,750
- 4 bedrooms, 4 bathrooms
- Square feet: 4,883
- Price per square foot: $171
- See 304 Quail Creek Rd, Hot Springs on Redfin.com
185 Hillside Pl, Hot Springs
- Price: $829,000
- 6 bedrooms, 4.5 bathrooms
- Square feet: 5,009
- Price per square foot: $165
- See 185 Hillside Pl, Hot Springs on Redfin.com
911 Prospect Ave, Hot Springs
- Price: $825,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 5,574
- Price per square foot: $148
- See 911 Prospect Ave, Hot Springs on Redfin.com
110 Glenridge Ct, Hot Springs
- Price: $799,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 6,727
- Price per square foot: $118
- See 110 Glenridge Ct, Hot Springs on Redfin.com
215 Bellaire Dr, Hot Springs
- Price: $799,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,768
- Price per square foot: $167
- See 215 Bellaire Dr, Hot Springs on Redfin.com
120 Southview Cir, Hot Springs
- Price: $795,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,508
- Price per square foot: $316
- See 120 Southview Cir, Hot Springs on Redfin.com
291 Peninsula Dr, Hot Springs
- Price: $795,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,206
- Price per square foot: $360
- See 291 Peninsula Dr, Hot Springs on Redfin.com
180 Port AU Prince, Hot Springs
- Price: $775,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,612
- Price per square foot: $296
- See 180 Port AU Prince, Hot Springs on Redfin.com
406 Sunset Bay Rd, Hot Springs
- Price: $775,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,000
- Price per square foot: $387
- See 406 Sunset Bay Rd, Hot Springs on Redfin.com
260 Arlington Park Dr, Hot Springs
- Price: $739,500
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,462
- Price per square foot: $213
- See 260 Arlington Park Dr, Hot Springs on Redfin.com
114 Sandal Ct, Hot Springs
- Price: $739,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,127
- Price per square foot: $236
- See 114 Sandal Ct, Hot Springs on Redfin.com
115 Ledgerock Rd, Hot Springs
- Price: $739,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,524
- Price per square foot: $292
- See 115 Ledgerock Rd, Hot Springs on Redfin.com
126 Lakeside Ln, Hot Springs
- Price: $725,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,590
- Price per square foot: $157
- See 126 Lakeside Ln, Hot Springs on Redfin.com
120 Starlite Bay St, Hot Springs
- Price: $725,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,655
- Price per square foot: $438
- See 120 Starlite Bay St, Hot Springs on Redfin.com
1415 Lakeshore, Hot Springs
- Price: $700,000
- 5 bedrooms, 5.5 bathrooms
- Square feet: 3,772
- Price per square foot: $185
- See 1415 Lakeshore, Hot Springs on Redfin.com
1935 Lakeshore Dr, Hot Springs
- Price: $700,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,102
- Price per square foot: $635
- See 1935 Lakeshore Dr, Hot Springs on Redfin.com
374 Cedar Glades Rd, Hot Springs
- Price: $695,800
- 4 bedrooms, 2 bathrooms
- Square feet: 1,248
- Price per square foot: $557
- See 374 Cedar Glades Rd, Hot Springs on Redfin.com
143 Fox Pass Cutoff Hwy, Hot Springs
- Price: $695,000
- 6 bedrooms, 4.5 bathrooms
- Square feet: 5,225
- Price per square foot: $133
- See 143 Fox Pass Cutoff Hwy, Hot Springs on Redfin.com
174 Fontana, Hot Springs
- Price: $695,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,319
- Price per square foot: $209
- See 174 Fontana, Hot Springs on Redfin.com
224 Court St, Hot Springs
- Price: $690,000
- 8 bedrooms, 4 bathrooms
- Square feet: 3,556
- Price per square foot: $194
- See 224 Court St, Hot Springs on Redfin.com
Lot 2R Arlington Park Dr, Hot Springs
- Price: $689,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,100
- Price per square foot: $222
- See Lot 2R Arlington Park Dr, Hot Springs 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
