How much house $1 million buys you in Chico
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 Chico. Listings between $500,000 and $1,000,000 were included.
615 Crimson Ct, Chico
- Price: $995,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,002
- Price per square foot: $331
- See 615 Crimson Ct, Chico on Redfin.com
79 Alm Bluffs Dr, Chico
- Price: $990,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 3,733
- Price per square foot: $265
- See 79 Alm Bluffs Dr, Chico on Redfin.com
63 Lava Rock Dr, Chico
- Price: $949,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,513
- Price per square foot: $377
- See 63 Lava Rock Dr, Chico on Redfin.com
10 Roseanna Ct, Chico
- Price: $930,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,025
- Price per square foot: $307
- See 10 Roseanna Ct, Chico on Redfin.com
5 Catalina Point Rd, Chico
- Price: $925,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,261
- Price per square foot: $283
- See 5 Catalina Point Rd, Chico on Redfin.com
610 Tandy Ct, Chico
- Price: $920,000
- 3 bedrooms, 4 bathrooms
- Square feet: 2,933
- Price per square foot: $313
- See 610 Tandy Ct, Chico on Redfin.com
15 Quadra Ct, Chico
- Price: $899,999
- 4 bedrooms, 3 bathrooms
- Square feet: 3,097
- Price per square foot: $290
- See 15 Quadra Ct, Chico on Redfin.com
11 Hawk Pl, Chico
- Price: $899,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,333
- Price per square foot: $269
- See 11 Hawk Pl, Chico on Redfin.com
5 Sycamore Valley Rd, Chico
- Price: $895,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,333
- Price per square foot: $383
- See 5 Sycamore Valley Rd, Chico on Redfin.com
49 Spanish Garden Dr, Chico
- Price: $890,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,160
- Price per square foot: $281
- See 49 Spanish Garden Dr, Chico on Redfin.com
3294 Summit Rdg, Chico
- Price: $849,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,281
- Price per square foot: $372
- See 3294 Summit Rdg, Chico on Redfin.com
19 Sycamore Valley Rd, Chico
- Price: $849,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,269
- Price per square foot: $374
- See 19 Sycamore Valley Rd, Chico on Redfin.com
1174 E 7th St, Chico
- Price: $830,000
- 4 bedrooms, 4 bathrooms
- Square feet: 2,525
- Price per square foot: $328
- See 1174 E 7th St, Chico on Redfin.com
625 La Bonita Ct, Chico
- Price: $825,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,260
- Price per square foot: $365
- See 625 La Bonita Ct, Chico on Redfin.com
664 Stilson Canyon Rd, Chico
- Price: $800,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 1,938
- Price per square foot: $412
- See 664 Stilson Canyon Rd, Chico on Redfin.com
455 E 9th Ave, Chico
- Price: $800,000
- 2 bedrooms, 1 bathroom
- Square feet: 1,572
- Price per square foot: $508
- See 455 E 9th Ave, Chico on Redfin.com
3109 Rae Creek Dr, Chico
- Price: $799,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,564
- Price per square foot: $311
- See 3109 Rae Creek Dr, Chico on Redfin.com
43 Edgewater Ct, Chico
- Price: $799,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,232
- Price per square foot: $357
- See 43 Edgewater Ct, Chico on Redfin.com
10473 Bogie Way, Chico
- Price: $790,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,677
- Price per square foot: $295
- See 10473 Bogie Way, Chico on Redfin.com
63 Our Way, Chico
- Price: $784,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,951
- Price per square foot: $402
- See 63 Our Way, Chico on Redfin.com
7 Gazania, Chico
- Price: $764,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,370
- Price per square foot: $322
- See 7 Gazania, Chico on Redfin.com
1160 Kentfield Rd, Chico
- Price: $760,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,570
- Price per square foot: $295
- See 1160 Kentfield Rd, Chico on Redfin.com
1273 E 7th St, Chico
- Price: $755,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,098
- Price per square foot: $359
- See 1273 E 7th St, Chico on Redfin.com
3436 Keefer Rd, Chico
- Price: $750,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,860
- Price per square foot: $403
- See 3436 Keefer Rd, Chico on Redfin.com
1524 Muir Ave, Chico
- Price: $749,000
- 2 bedrooms, 1 bathroom
- Square feet: 1,093
- Price per square foot: $685
- See 1524 Muir Ave, Chico on Redfin.com
2722 Escallonia Way, Chico
- Price: $745,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,509
- Price per square foot: $296
- See 2722 Escallonia Way, Chico on Redfin.com
15 Harkness Ct, Chico
- Price: $734,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,492
- Price per square foot: $294
- See 15 Harkness Ct, Chico on Redfin.com
5 Gazania Ct, Chico
- Price: $734,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,189
- Price per square foot: $335
- See 5 Gazania Ct, Chico on Redfin.com
25 Misty Way, Chico
- Price: $729,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,075
- Price per square foot: $351
- See 25 Misty Way, Chico 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
