How much house $1 million buys you in Cedar Rapids
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 Cedar Rapids. Listings between $500,000 and $1,000,000 were included.
3140 Carroll Dr SE, Cedar Rapids
- Price: $900,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,323
- Price per square foot: $208
- See 3140 Carroll Dr SE, Cedar Rapids on Redfin.com
5527 Seminole Valley Trl NE, Cedar Rapids
- Price: $900,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,932
- Price per square foot: $228
- See 5527 Seminole Valley Trl NE, Cedar Rapids on Redfin.com
5521 Seminole Valley Trl NE, Cedar Rapids
- Price: $800,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,683
- Price per square foot: $217
- See 5521 Seminole Valley Trl NE, Cedar Rapids on Redfin.com
5425 Seminole Valley Trl NE, Cedar Rapids
- Price: $800,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,123
- Price per square foot: $256
- See 5425 Seminole Valley Trl NE, Cedar Rapids on Redfin.com
4402 Oak Leaf Ct NE, Cedar Rapids
- Price: $700,000
- 6 bedrooms, 5 bathrooms
- Square feet: 5,465
- Price per square foot: $128
- See 4402 Oak Leaf Ct NE, Cedar Rapids on Redfin.com
208 Willowood Dr Dr, Hiawatha
- Price: $700,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,406
- Price per square foot: $158
- See 208 Willowood Dr Dr, Hiawatha on Redfin.com
6827 42nd St St NE, Cedar Rapids
- Price: $700,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,901
- Price per square foot: $179
- See 6827 42nd St St NE, Cedar Rapids on Redfin.com
4850 Autumn Dr, Cedar Rapids
- Price: $700,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,747
- Price per square foot: $186
- See 4850 Autumn Dr, Cedar Rapids on Redfin.com
3310 Timber Ridge Ct, Marion
- Price: $700,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,519
- Price per square foot: $198
- See 3310 Timber Ridge Ct, Marion on Redfin.com
5515 Seminole Valley Trl NE, Cedar Rapids
- Price: $700,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,403
- Price per square foot: $205
- See 5515 Seminole Valley Trl NE, Cedar Rapids on Redfin.com
6421 Ascot Ln NE, Cedar Rapids
- Price: $700,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,325
- Price per square foot: $210
- See 6421 Ascot Ln NE, Cedar Rapids on Redfin.com
6706 Lauder Ln NE, Cedar Rapids
- Price: $700,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,236
- Price per square foot: $216
- See 6706 Lauder Ln NE, Cedar Rapids on Redfin.com
5407 Seminole Valley Trl NE, Cedar Rapids
- Price: $700,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,146
- Price per square foot: $222
- See 5407 Seminole Valley Trl NE, Cedar Rapids on Redfin.com
5503 Seminole Valley Trl NE, Cedar Rapids
- Price: $700,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,134
- Price per square foot: $223
- See 5503 Seminole Valley Trl NE, Cedar Rapids on Redfin.com
1895 33rd Ave SW, Cedar Rapids
- Price: $700,000
- 2 bedrooms, 1 bathroom
- Square feet: 912
- Price per square foot: $767
- See 1895 33rd Ave SW, Cedar Rapids on Redfin.com
3519 NE Timber Ridge Trl, Cedar Rapids
- Price: $600,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,838
- Price per square foot: $156
- See 3519 NE Timber Ridge Trl, Cedar Rapids on Redfin.com
3400 Cedar River Ct NE, Cedar Rapids
- Price: $600,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,591
- Price per square foot: $167
- See 3400 Cedar River Ct NE, Cedar Rapids on Redfin.com
2921 Diamondback Rd, Hiawatha
- Price: $600,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,040
- Price per square foot: $197
- See 2921 Diamondback Rd, Hiawatha on Redfin.com
8750 Yeager Ln NE, Cedar Rapids
- Price: $600,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,842
- Price per square foot: $211
- See 8750 Yeager Ln NE, Cedar Rapids on Redfin.com
1953 1st Ave #301 Ave #301, Cedar Rapids
- Price: $600,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,763
- Price per square foot: $340
- See 1953 1st Ave #301 Ave #301, Cedar Rapids 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
