How much house $1 million buys you in Rockford
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 Rockford. Listings between $500,000 and $1,000,000 were included.
2716 Spring Creek Rd, Rockford
- Price: $975,000
- 5 bedrooms, 5.5 bathrooms
- Square feet: 10,435
- Price per square foot: $93
- See 2716 Spring Creek Rd, Rockford on Redfin.com
1534 Coachman Dr, Rockford
- Price: $699,900
- 4 bedrooms, 5.5 bathrooms
- Square feet: 5,644
- Price per square foot: $124
- See 1534 Coachman Dr, Rockford on Redfin.com
1370 Brown Hills Rd, Rockford
- Price: $649,900
- 4 bedrooms, 4 bathrooms
- Square feet: 4,882
- Price per square foot: $133
- See 1370 Brown Hills Rd, Rockford on Redfin.com
3406 Roth Rd, Rockford
- Price: $609,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,151
- Price per square foot: $146
- See 3406 Roth Rd, Rockford on Redfin.com
921 Tivoli Dr, Rockford
- Price: $599,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,454
- Price per square foot: $134
- See 921 Tivoli Dr, Rockford on Redfin.com
1419 National Ave, Rockford
- Price: $599,000
- 5 bedrooms, 5 bathrooms
- Square feet: 5,367
- Price per square foot: $111
- See 1419 National Ave, Rockford on Redfin.com
173 Callaway Cv, Loves Park
- Price: $575,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,922
- Price per square foot: $299
- See 173 Callaway Cv, Loves Park on Redfin.com
1704 National Ave, Rockford
- Price: $550,000
- 5 bedrooms, 4 bathrooms
- Square feet: 5,120
- Price per square foot: $107
- See 1704 National Ave, Rockford on Redfin.com
531 Calvin Park Blvd, Rockford
- Price: $550,000
- 4 bedrooms, 5 bathrooms
- Square feet: 4,123
- Price per square foot: $133
- See 531 Calvin Park Blvd, Rockford on Redfin.com
8465 S Mulford Rd, Rockford
- Price: $550,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,076
- Price per square foot: $134
- See 8465 S Mulford Rd, Rockford on Redfin.com
1272 Willowick Ln, Rockford
- Price: $549,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,950
- Price per square foot: $138
- See 1272 Willowick Ln, Rockford on Redfin.com
3621 Baxter Rd, Rockford
- Price: $540,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,368
- Price per square foot: $394
- See 3621 Baxter Rd, Rockford on Redfin.com
7356 Kishwaukee Rd, Stillman Valley
- Price: $509,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,160
- Price per square foot: $236
- See 7356 Kishwaukee Rd, Stillman Valley 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
