How much house $1 million buys you in Alexandria
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 Alexandria. Listings between $500,000 and $1,000,000 were included.
5721 Courtland Pl, Alexandria
- Price: $959,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,709
- Price per square foot: $354
- See 5721 Courtland Pl, Alexandria on Redfin.com
6714 Tennyson Oaks Ln, Alexandria
- Price: $954,000
- 6 bedrooms, 3.5 bathrooms
- Square feet: 5,716
- Price per square foot: $166
- See 6714 Tennyson Oaks Ln, Alexandria on Redfin.com
3028 Georges Ln, Alexandria
- Price: $850,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,609
- Price per square foot: $184
- See 3028 Georges Ln, Alexandria on Redfin.com
2710 George's Ln, Alexandria
- Price: $765,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,031
- Price per square foot: $189
- See 2710 George's Ln, Alexandria on Redfin.com
4720 Mccrory Pl, Alexandria
- Price: $724,500
- 3 bedrooms, 3 bathrooms
- Square feet: 3,060
- Price per square foot: $236
- See 4720 Mccrory Pl, Alexandria on Redfin.com
2734 Georges Ln, Alexandria
- Price: $715,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,012
- Price per square foot: $237
- See 2734 Georges Ln, Alexandria on Redfin.com
3011 Georges Ln, Alexandria
- Price: $695,000
- 3 bedrooms, 1 bathroom
- Square feet: 1,806
- Price per square foot: $384
- See 3011 Georges Ln, Alexandria on Redfin.com
1207 Heyman Ln, Alexandria
- Price: $680,000
- 4 bedrooms, 3 bathrooms
- Square feet: 6,010
- Price per square foot: $113
- See 1207 Heyman Ln, Alexandria on Redfin.com
6400 Genevieve Dr, Alexandria
- Price: $659,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,811
- Price per square foot: $172
- See 6400 Genevieve Dr, Alexandria on Redfin.com
6313 Tennyson Oaks Ln, Alexandria
- Price: $627,000
- 4 bedrooms, 4 bathrooms
- Square feet: 2,073
- Price per square foot: $302
- See 6313 Tennyson Oaks Ln, Alexandria on Redfin.com
6309 Morgan Oaks Ct, Alexandria
- Price: $599,900
- 3 bedrooms, 3 bathrooms
- Square feet: 3,819
- Price per square foot: $157
- See 6309 Morgan Oaks Ct, Alexandria on Redfin.com
5706 Dyer Dr, Alexandria
- Price: $598,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,785
- Price per square foot: $335
- See 5706 Dyer Dr, Alexandria on Redfin.com
4329 Wakefield Blvd, Alexandria
- Price: $589,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,922
- Price per square foot: $150
- See 4329 Wakefield Blvd, Alexandria on Redfin.com
15 Van Mol Rd, Alexandria
- Price: $588,600
- 4 bedrooms, 3 bathrooms
- Square feet: 7,951
- Price per square foot: $74
- See 15 Van Mol Rd, Alexandria on Redfin.com
5123 Mallard Dr, Alexandria
- Price: $585,400
- 4 bedrooms, 3 bathrooms
- Square feet: 3,024
- Price per square foot: $193
- See 5123 Mallard Dr, Alexandria on Redfin.com
500 Wycliffe Way, Alexandria
- Price: $579,900
- 5 bedrooms, 3 bathrooms
- Square feet: 6,082
- Price per square foot: $95
- See 500 Wycliffe Way, Alexandria on Redfin.com
6412 Tennyson Oaks Ln, Alexandria
- Price: $550,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,645
- Price per square foot: $207
- See 6412 Tennyson Oaks Ln, Alexandria on Redfin.com
511 Anderson Ct, Alexandria
- Price: $549,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,895
- Price per square foot: $189
- See 511 Anderson Ct, Alexandria on Redfin.com
132 Evanshel Ln, Alexandria
- Price: $539,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,064
- Price per square foot: $175
- See 132 Evanshel Ln, Alexandria 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
