How much house $1 million buys you in Colorado 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 Colorado Springs. Listings between $500,000 and $1,000,000 were included.

3012 S Electra Dr, Colorado Springs
- Price: $1,000,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 5,058
- Price per square foot: $197
- See 3012 S Electra Dr, Colorado Springs on Redfin.com

6625 Gun Club Trl, Colorado Springs
- Price: $1,000,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,938
- Price per square foot: $253
- See 6625 Gun Club Trl, Colorado Springs on Redfin.com

7530 Winding Oaks Dr, Colorado Springs
- Price: $999,999
- 6 bedrooms, 4 bathrooms
- Square feet: 4,973
- Price per square foot: $201
- See 7530 Winding Oaks Dr, Colorado Springs on Redfin.com

4017 Notch Trl, Colorado Springs
- Price: $999,999
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,010
- Price per square foot: $249
- See 4017 Notch Trl, Colorado Springs on Redfin.com

1468 Yellow Tail Dr, Colorado Springs
- Price: $999,997
- 6 bedrooms, 3.5 bathrooms
- Square feet: 4,404
- Price per square foot: $227
- See 1468 Yellow Tail Dr, Colorado Springs on Redfin.com

6580 Lonewood Dr, Colorado Springs
- Price: $995,000
- 6 bedrooms, 4.5 bathrooms
- Square feet: 3,970
- Price per square foot: $250
- See 6580 Lonewood Dr, Colorado Springs on Redfin.com

12030 Meadow Glen Ln, Colorado Springs
- Price: $995,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,312
- Price per square foot: $300
- See 12030 Meadow Glen Ln, Colorado Springs on Redfin.com

12 W Monroe St, Colorado Springs
- Price: $995,000
- 5 bedrooms, 4 bathrooms
- Square feet: 2,961
- Price per square foot: $336
- See 12 W Monroe St, Colorado Springs on Redfin.com

16347 Cala Rojo Dr, Colorado Springs
- Price: $995,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,393
- Price per square foot: $415
- See 16347 Cala Rojo Dr, Colorado Springs on Redfin.com

3426 Crest Hollow Vw, Colorado Springs
- Price: $990,000
- 5 bedrooms, 5 bathrooms
- Square feet: 4,695
- Price per square foot: $210
- See 3426 Crest Hollow Vw, Colorado Springs on Redfin.com

1530 Woodrose Ct, Colorado Springs
- Price: $990,000
- 5 bedrooms, 4 bathrooms
- Square feet: 4,113
- Price per square foot: $240
- See 1530 Woodrose Ct, Colorado Springs on Redfin.com

1489 Yellow Tail Dr, Colorado Springs
- Price: $989,000
- 5 bedrooms, 4 bathrooms
- Square feet: 4,182
- Price per square foot: $236
- See 1489 Yellow Tail Dr, Colorado Springs on Redfin.com

1210 W Woodmen Rd, Colorado Springs
- Price: $989,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 3,624
- Price per square foot: $272
- See 1210 W Woodmen Rd, Colorado Springs on Redfin.com

4746 Hanging Lake Cir, Colorado Springs
- Price: $987,320
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,890
- Price per square foot: $253
- See 4746 Hanging Lake Cir, Colorado Springs on Redfin.com

4636 Bethany Ct, Colorado Springs
- Price: $985,000
- 5 bedrooms, 5 bathrooms
- Square feet: 5,166
- Price per square foot: $190
- See 4636 Bethany Ct, Colorado Springs on Redfin.com

1053 Crystal Basin Dr, Colorado Springs
- Price: $985,000
- 5 bedrooms, 4 bathrooms
- Square feet: 4,378
- Price per square foot: $224
- See 1053 Crystal Basin Dr, Colorado Springs on Redfin.com

454 Eclipse Dr, Colorado Springs
- Price: $985,000
- 4 bedrooms, 4 bathrooms
- Square feet: 4,284
- Price per square foot: $229
- See 454 Eclipse Dr, Colorado Springs on Redfin.com

7093 Compass Bend Dr, Colorado Springs
- Price: $984,500
- 4 bedrooms, 3.5 bathrooms
- Square feet: 6,203
- Price per square foot: $158
- See 7093 Compass Bend Dr, Colorado Springs on Redfin.com

2525 Dunfries Ct, Colorado Springs
- Price: $984,500
- 5 bedrooms, 4 bathrooms
- Square feet: 5,351
- Price per square foot: $183
- See 2525 Dunfries Ct, Colorado Springs on Redfin.com

2585 Dunfries Ct, Colorado Springs
- Price: $984,500
- 6 bedrooms, 5 bathrooms
- Square feet: 4,036
- Price per square foot: $243
- See 2585 Dunfries Ct, Colorado Springs on Redfin.com

6240 Wilson Rd, Colorado Springs
- Price: $980,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,748
- Price per square foot: $206
- See 6240 Wilson Rd, Colorado Springs on Redfin.com

3051 Virga Loop, Colorado Springs
- Price: $980,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,743
- Price per square foot: $261
- See 3051 Virga Loop, Colorado Springs on Redfin.com

3695 Hare Haven Ln, Colorado Springs
- Price: $979,500
- 3 bedrooms, 2 bathrooms
- Square feet: 2,508
- Price per square foot: $390
- See 3695 Hare Haven Ln, Colorado Springs on Redfin.com

3991 Horse Gulch Loop, Colorado Springs
- Price: $979,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,661
- Price per square foot: $267
- See 3991 Horse Gulch Loop, Colorado Springs on Redfin.com

8431 William Downing Dr, Colorado Springs
- Price: $978,588
- 4 bedrooms, 4 bathrooms
- Square feet: 4,222
- Price per square foot: $231
- See 8431 William Downing Dr, Colorado Springs on Redfin.com

1360 Chartwell Vw, Colorado Springs
- Price: $975,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,753
- Price per square foot: $205
- See 1360 Chartwell Vw, Colorado Springs on Redfin.com

178 Coyote Willow, Colorado Springs
- Price: $975,000
- 5 bedrooms, 4 bathrooms
- Square feet: 4,700
- Price per square foot: $207
- See 178 Coyote Willow, Colorado Springs on Redfin.com

17595 Black Forest Rd, Colorado Springs
- Price: $975,000
- 2 bedrooms, 3 bathrooms
- Square feet: 3,454
- Price per square foot: $282
- See 17595 Black Forest Rd, Colorado 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