How much house $1 million buys you in Manhattan
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 Manhattan. Listings between $500,000 and $1,000,000 were included.
3218 Merced Dr, Manhattan
- Price: $999,000
- 4 bedrooms, 4 bathrooms
- Square feet: 2,209
- Price per square foot: $452
- See 3218 Merced Dr, Manhattan on Redfin.com
115 N Evergreen Ave, Manhattan
- Price: $979,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,507
- Price per square foot: $279
- See 115 N Evergreen Ave, Manhattan on Redfin.com
4412 Grande Bluffs Ct, Manhattan
- Price: $885,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 2,742
- Price per square foot: $322
- See 4412 Grande Bluffs Ct, Manhattan on Redfin.com
3426 S Pinehurst Cir, Manhattan
- Price: $879,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,074
- Price per square foot: $424
- See 3426 S Pinehurst Cir, Manhattan on Redfin.com
3624 Hawthorne Woods Ter, Manhattan
- Price: $810,000
- 6 bedrooms, 4.5 bathrooms
- Square feet: 5,714
- Price per square foot: $141
- See 3624 Hawthorne Woods Ter, Manhattan on Redfin.com
1214 Leone Ridge Dr, Manhattan
- Price: $799,900
- 6 bedrooms, 3.5 bathrooms
- Square feet: 4,591
- Price per square foot: $174
- See 1214 Leone Ridge Dr, Manhattan on Redfin.com
3330 Ocean Dr, Manhattan
- Price: $799,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,032
- Price per square foot: $393
- See 3330 Ocean Dr, Manhattan on Redfin.com
3605 Hawthorne Woods Ter, Manhattan
- Price: $795,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 3,887
- Price per square foot: $204
- See 3605 Hawthorne Woods Ter, Manhattan on Redfin.com
717 Ladera Cir, Manhattan
- Price: $740,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,123
- Price per square foot: $348
- See 717 Ladera Cir, Manhattan on Redfin.com
4408 Leone Cir, Manhattan
- Price: $739,900
- 6 bedrooms, 4.5 bathrooms
- Square feet: 4,144
- Price per square foot: $178
- See 4408 Leone Cir, Manhattan on Redfin.com
1217 Windsong Ln, Manhattan
- Price: $710,000
- 4 bedrooms, 4 bathrooms
- Square feet: 2,882
- Price per square foot: $246
- See 1217 Windsong Ln, Manhattan on Redfin.com
7100 Tuttle Creek Blvd, Manhattan
- Price: $675,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,178
- Price per square foot: $212
- See 7100 Tuttle Creek Blvd, Manhattan on Redfin.com
4105 Wycliffe Dr, Manhattan
- Price: $640,000
- 5 bedrooms, 3 bathrooms
- Square feet: 4,486
- Price per square foot: $142
- See 4105 Wycliffe Dr, Manhattan on Redfin.com
1012 Lobdell Dr, Manhattan
- Price: $569,900
- 6 bedrooms, 3 bathrooms
- Square feet: 1,656
- Price per square foot: $344
- See 1012 Lobdell Dr, Manhattan on Redfin.com
5720 Elbo View Dr. Dr, Manhattan
- Price: $569,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,138
- Price per square foot: $181
- See 5720 Elbo View Dr. Dr, Manhattan on Redfin.com
3825 Kates Ct, Manhattan
- Price: $549,000
- 6 bedrooms, 3.5 bathrooms
- Square feet: 1,345
- Price per square foot: $408
- See 3825 Kates Ct, Manhattan on Redfin.com
1100 Leone Ridge Dr, Manhattan
- Price: $545,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,336
- Price per square foot: $163
- See 1100 Leone Ridge Dr, Manhattan on Redfin.com
1117 Wyndham Hts, Manhattan
- Price: $540,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,912
- Price per square foot: $138
- See 1117 Wyndham Hts, Manhattan on Redfin.com
1109 S Mill Point Cir, Manhattan
- Price: $535,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,004
- Price per square foot: $266
- See 1109 S Mill Point Cir, Manhattan on Redfin.com
1510 Country Club Pl, Manhattan
- Price: $509,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,449
- Price per square foot: $207
- See 1510 Country Club Pl, Manhattan 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
