How much house $1 million buys you in Michigan City

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 Michigan City. Listings between $500,000 and $1,000,000 were included.

101 W Michigan Blvd #325, Michigan City
- Price: $999,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,540
- Price per square foot: $648
- See 101 W Michigan Blvd #325, Michigan City on Redfin.com

101 W Michigan Blvd Unit Th 14, Michigan City
- Price: $995,000
- 4 bedrooms, 3 bathrooms
- Square feet: 1,958
- Price per square foot: $508
- See 101 W Michigan Blvd Unit Th 14, Michigan City on Redfin.com

810 Washington Park Blvd, Michigan City
- Price: $925,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,775
- Price per square foot: $333
- See 810 Washington Park Blvd, Michigan City on Redfin.com

3539 Calumet Trl, Michigan City
- Price: $899,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,227
- Price per square foot: $278
- See 3539 Calumet Trl, Michigan City on Redfin.com

416 S Lake St, Michigan City
- Price: $899,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,669
- Price per square foot: $336
- See 416 S Lake St, Michigan City on Redfin.com

801 Washington St, Michigan City
- Price: $895,000
- 6 bedrooms, 4 bathrooms
- Square feet: 5,288
- Price per square foot: $169
- See 801 Washington St, Michigan City on Redfin.com

812 Washington Park Blvd, Michigan City
- Price: $895,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,500
- Price per square foot: $358
- See 812 Washington Park Blvd, Michigan City on Redfin.com

208 Lake Shore Dr, Michigan City
- Price: $850,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,020
- Price per square foot: $211
- See 208 Lake Shore Dr, Michigan City on Redfin.com

101 W Michigan Blvd #519, Michigan City
- Price: $825,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,475
- Price per square foot: $559
- See 101 W Michigan Blvd #519, Michigan City on Redfin.com

101 W Michigan Blvd #506, Michigan City
- Price: $805,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,637
- Price per square foot: $491
- See 101 W Michigan Blvd #506, Michigan City on Redfin.com

3541 Calumet Trl, Michigan City
- Price: $799,000
- 5 bedrooms, 2 bathrooms
- Square feet: 2,052
- Price per square foot: $389
- See 3541 Calumet Trl, Michigan City on Redfin.com

101 W Michigan Blvd #324, Michigan City
- Price: $795,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,602
- Price per square foot: $496
- See 101 W Michigan Blvd #324, Michigan City on Redfin.com

1937 Lake Shore Dr, Michigan City
- Price: $749,900
- 4 bedrooms, 2 bathrooms
- Square feet: 2,446
- Price per square foot: $306
- See 1937 Lake Shore Dr, Michigan City on Redfin.com

207 Twilight Dr, Michigan City
- Price: $749,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,247
- Price per square foot: $230
- See 207 Twilight Dr, Michigan City on Redfin.com

101 W Michigan Blvd #521, Michigan City
- Price: $730,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,572
- Price per square foot: $464
- See 101 W Michigan Blvd #521, Michigan City on Redfin.com

207 Westwood Dr, Michigan City
- Price: $729,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,226
- Price per square foot: $327
- See 207 Westwood Dr, Michigan City on Redfin.com

506 Washington Park Blvd, Michigan City
- Price: $699,999
- 5 bedrooms, 3 bathrooms
- Square feet: 2,957
- Price per square foot: $236
- See 506 Washington Park Blvd, Michigan City on Redfin.com

102 Cottage Ln, Michigan City
- Price: $659,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,380
- Price per square foot: $276
- See 102 Cottage Ln, Michigan City on Redfin.com

100 Lake Shore Dr #606, Michigan City
- Price: $649,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,440
- Price per square foot: $450
- See 100 Lake Shore Dr #606, Michigan City on Redfin.com

100 Lake Shore Dr #105, Michigan City
- Price: $629,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,440
- Price per square foot: $436
- See 100 Lake Shore Dr #105, Michigan City on Redfin.com

101 W Michigan Blvd #217, Michigan City
- Price: $610,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,210
- Price per square foot: $504
- See 101 W Michigan Blvd #217, Michigan City on Redfin.com

504 S Lake Ave, Michigan City
- Price: $589,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,029
- Price per square foot: $290
- See 504 S Lake Ave, Michigan City on Redfin.com

126 Prairie Ave, Michigan City
- Price: $575,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,922
- Price per square foot: $299
- See 126 Prairie Ave, Michigan City on Redfin.com

213 Kenwood Pl, Michigan City
- Price: $565,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,004
- Price per square foot: $188
- See 213 Kenwood Pl, Michigan City on Redfin.com

101 W Michigan Blvd #504, Michigan City
- Price: $560,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,075
- Price per square foot: $520
- See 101 W Michigan Blvd #504, Michigan City on Redfin.com

170 Lake Shore Dr Unit B, Michigan City
- Price: $550,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,544
- Price per square foot: $356
- See 170 Lake Shore Dr Unit B, Michigan City on Redfin.com

510 S Lake Ave, Michigan City
- Price: $549,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,826
- Price per square foot: $301
- See 510 S Lake Ave, Michigan City on Redfin.com

126 Dewey St, Michigan City
- Price: $549,000
- 4 bedrooms, 1.5 bathrooms
- Square feet: 1,992
- Price per square foot: $275
- See 126 Dewey St, Michigan City on Redfin.com

514 S Lake Ave, Michigan City
- Price: $537,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,808
- Price per square foot: $297
- See 514 S Lake Ave, Michigan City on Redfin.com

103 Mayfield Dr, Michigan City
- Price: $525,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,715
- Price per square foot: $193
- See 103 Mayfield Dr, Michigan City 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