How much house $1 million buys you in New Haven
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 New Haven. Listings between $500,000 and $1,000,000 were included.
745 Townsend Ave Lot 4, New Haven
- Price: $989,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,341
- Price per square foot: $422
- See 745 Townsend Ave Lot 4, New Haven on Redfin.com
745 Townsend Ave Lot 1, New Haven
- Price: $989,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,304
- Price per square foot: $429
- See 745 Townsend Ave Lot 1, New Haven on Redfin.com
119 Westwood Rd, New Haven
- Price: $895,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,681
- Price per square foot: $243
- See 119 Westwood Rd, New Haven on Redfin.com
745 Townsend Ave Lot 9, New Haven
- Price: $879,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,113
- Price per square foot: $416
- See 745 Townsend Ave Lot 9, New Haven on Redfin.com
745 Townsend Ave Lot 2, New Haven
- Price: $879,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,113
- Price per square foot: $416
- See 745 Townsend Ave Lot 2, New Haven on Redfin.com
745 Townsend Ave Lot 5, New Haven
- Price: $879,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,113
- Price per square foot: $416
- See 745 Townsend Ave Lot 5, New Haven on Redfin.com
3 Borrelli Rd, North Branford
- Price: $729,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,800
- Price per square foot: $260
- See 3 Borrelli Rd, North Branford on Redfin.com
95 Audubon St #339, New Haven
- Price: $645,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,395
- Price per square foot: $462
- See 95 Audubon St #339, New Haven on Redfin.com
40 Bellevue Rd, New Haven
- Price: $640,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 2,801
- Price per square foot: $228
- See 40 Bellevue Rd, New Haven on Redfin.com
126 Conrad Dr, New Haven
- Price: $599,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,278
- Price per square foot: $263
- See 126 Conrad Dr, New Haven on Redfin.com
42 Ley St, New Haven
- Price: $599,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,852
- Price per square foot: $323
- See 42 Ley St, New Haven on Redfin.com
65 Anderson St, New Haven
- Price: $599,900
- bedrooms not avialable, 1 bathroom
- Square feet: 1,390
- Price per square foot: $431
- See 65 Anderson St, New Haven on Redfin.com
30 Cleveland Rd, New Haven
- Price: $599,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,272
- Price per square foot: $263
- See 30 Cleveland Rd, New Haven on Redfin.com
442 Lexington Ave, New Haven
- Price: $595,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,424
- Price per square foot: $173
- See 442 Lexington Ave, New Haven 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
