How much house $1 million buys you in Peoria
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 Peoria. Listings between $500,000 and $1,000,000 were included.
4407 N Grandview Dr, Peoria Heights
- Price: $974,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,057
- Price per square foot: $318
- See 4407 N Grandview Dr, Peoria Heights on Redfin.com
200 W Ravinwoods Rd, Peoria
- Price: $899,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 8,577
- Price per square foot: $104
- See 200 W Ravinwoods Rd, Peoria on Redfin.com
512 Hidden Ln, Peoria
- Price: $834,900
- 6 bedrooms, 5 bathrooms
- Square feet: 7,808
- Price per square foot: $106
- See 512 Hidden Ln, Peoria on Redfin.com
4904 N Deermeadow Dr, Peoria
- Price: $825,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 5,909
- Price per square foot: $139
- See 4904 N Deermeadow Dr, Peoria on Redfin.com
3113 W Summerbend Ct, Peoria
- Price: $799,000
- 4 bedrooms, 6 bathrooms
- Square feet: 7,667
- Price per square foot: $104
- See 3113 W Summerbend Ct, Peoria on Redfin.com
119 W Greystone Ct, Dunlap
- Price: $699,900
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,929
- Price per square foot: $141
- See 119 W Greystone Ct, Dunlap on Redfin.com
10400 Osage Ct, Peoria
- Price: $689,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 5,236
- Price per square foot: $131
- See 10400 Osage Ct, Peoria on Redfin.com
2817 W Lake Trail Ct, Dunlap
- Price: $619,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,112
- Price per square foot: $198
- See 2817 W Lake Trail Ct, Dunlap on Redfin.com
5123 N Primrose Ct, Peoria
- Price: $599,999
- 4 bedrooms, 4 bathrooms
- Square feet: 2,936
- Price per square foot: $204
- See 5123 N Primrose Ct, Peoria on Redfin.com
2609 W Arden Way, Dunlap
- Price: $588,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,233
- Price per square foot: $182
- See 2609 W Arden Way, Dunlap on Redfin.com
11030 N Ruby Ct, Dunlap
- Price: $580,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,342
- Price per square foot: $133
- See 11030 N Ruby Ct, Dunlap on Redfin.com
7023 N Water Oak Dr, Edwards
- Price: $579,900
- 5 bedrooms, 4 bathrooms
- Square feet: 3,593
- Price per square foot: $161
- See 7023 N Water Oak Dr, Edwards on Redfin.com
6310 W Crosswynd Ct, Edwards
- Price: $550,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,353
- Price per square foot: $164
- See 6310 W Crosswynd Ct, Edwards on Redfin.com
6414 W Hazel Nut Dr, Edwards
- Price: $549,900
- 5 bedrooms, 4.5 bathrooms
- Square feet: 3,905
- Price per square foot: $140
- See 6414 W Hazel Nut Dr, Edwards on Redfin.com
6320 W Crosswynd Ct, Edwards
- Price: $549,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,361
- Price per square foot: $163
- See 6320 W Crosswynd Ct, Edwards on Redfin.com
11401 N Joseph St, Dunlap
- Price: $549,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,132
- Price per square foot: $175
- See 11401 N Joseph St, Dunlap on Redfin.com
2610 W Arden Way, Dunlap
- Price: $549,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,129
- Price per square foot: $175
- See 2610 W Arden Way, Dunlap on Redfin.com
2627 W Lake Pointe Ter, Peoria
- Price: $549,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,072
- Price per square foot: $179
- See 2627 W Lake Pointe Ter, Peoria on Redfin.com
4016 W Crimson Rd, Dunlap
- Price: $515,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,200
- Price per square foot: $234
- See 4016 W Crimson Rd, Dunlap on Redfin.com
5622 W Woodbriar Ln, Peoria
- Price: $501,800
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,929
- Price per square foot: $127
- See 5622 W Woodbriar Ln, Peoria on Redfin.com
100 W Windflower Way, Dunlap
- Price: $500,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 5,283
- Price per square foot: $94
- See 100 W Windflower Way, Dunlap 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
