How much house $1 million buys you in Merced
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 Merced. Listings between $500,000 and $1,000,000 were included.
3629 N Lake Rd, Merced
- Price: $925,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,100
- Price per square foot: $298
- See 3629 N Lake Rd, Merced on Redfin.com
1184 Farmland Ave, Merced
- Price: $925,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,347
- Price per square foot: $394
- See 1184 Farmland Ave, Merced on Redfin.com
3265 Willow Run Dr, Merced
- Price: $924,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 3,354
- Price per square foot: $275
- See 3265 Willow Run Dr, Merced on Redfin.com
5995 W BROOKS Rd, Merced
- Price: $879,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,565
- Price per square foot: $246
- See 5995 W BROOKS Rd, Merced on Redfin.com
2965 Dunn Rd, Merced
- Price: $799,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,848
- Price per square foot: $432
- See 2965 Dunn Rd, Merced on Redfin.com
1359 Moraine Dome Ct, Merced
- Price: $798,500
- 4 bedrooms, 3 bathrooms
- Square feet: 2,419
- Price per square foot: $330
- See 1359 Moraine Dome Ct, Merced on Redfin.com
824 Marybelle Ct, Merced
- Price: $775,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,791
- Price per square foot: $277
- See 824 Marybelle Ct, Merced on Redfin.com
146 Sproul Ct, Merced
- Price: $740,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,169
- Price per square foot: $233
- See 146 Sproul Ct, Merced on Redfin.com
455 W 20th St, Merced
- Price: $725,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,792
- Price per square foot: $191
- See 455 W 20th St, Merced on Redfin.com
3612 Hatch Rd, Merced
- Price: $715,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,275
- Price per square foot: $314
- See 3612 Hatch Rd, Merced on Redfin.com
1660 Kibby, Merced
- Price: $715,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,726
- Price per square foot: $414
- See 1660 Kibby, Merced on Redfin.com
625 Redwing Dr, Merced
- Price: $695,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,535
- Price per square foot: $274
- See 625 Redwing Dr, Merced on Redfin.com
4672 Hutchinson Ln, Merced
- Price: $659,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,474
- Price per square foot: $189
- See 4672 Hutchinson Ln, Merced on Redfin.com
4153 Mondavi Ave, Merced
- Price: $650,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,242
- Price per square foot: $289
- See 4153 Mondavi Ave, Merced on Redfin.com
2805 Forist Ln, Merced
- Price: $649,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,628
- Price per square foot: $247
- See 2805 Forist Ln, Merced on Redfin.com
845 Annette Ct, Merced
- Price: $649,078
- 5 bedrooms, 3 bathrooms
- Square feet: 2,752
- Price per square foot: $235
- See 845 Annette Ct, Merced on Redfin.com
2315 W State Highway 140, Merced
- Price: $640,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,990
- Price per square foot: $321
- See 2315 W State Highway 140, Merced on Redfin.com
3384 Locksley Ct, Merced
- Price: $639,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,813
- Price per square foot: $227
- See 3384 Locksley Ct, Merced on Redfin.com
4096 Toulon Ct, Merced
- Price: $610,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,291
- Price per square foot: $185
- See 4096 Toulon Ct, Merced on Redfin.com
753 Heitz Way, Merced
- Price: $610,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,548
- Price per square foot: $239
- See 753 Heitz Way, Merced on Redfin.com
3573 Cordova Ave, Merced
- Price: $599,500
- 4 bedrooms, 2 bathrooms
- Square feet: 1,986
- Price per square foot: $301
- See 3573 Cordova Ave, Merced on Redfin.com
3894 Avocet Dr, Merced
- Price: $599,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,916
- Price per square foot: $205
- See 3894 Avocet Dr, Merced on Redfin.com
1575 Santa Inez Ct, Merced
- Price: $595,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,673
- Price per square foot: $222
- See 1575 Santa Inez Ct, Merced on Redfin.com
3519 Cordova Ave, Merced
- Price: $585,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,366
- Price per square foot: $247
- See 3519 Cordova Ave, Merced on Redfin.com
1258 Avignon Dr, Merced
- Price: $574,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,943
- Price per square foot: $195
- See 1258 Avignon Dr, Merced on Redfin.com
624 Suzanne Dr, Merced
- Price: $559,990
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,554
- Price per square foot: $219
- See 624 Suzanne Dr, Merced on Redfin.com
720 Stephanie Dr, Merced
- Price: $552,990
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,554
- Price per square foot: $216
- See 720 Stephanie Dr, Merced on Redfin.com
495 Daffodil Dr, Merced
- Price: $550,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,234
- Price per square foot: $246
- See 495 Daffodil Dr, Merced 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
