How much house $1 million buys you in Monroe
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 Monroe. Listings between $500,000 and $1,000,000 were included.
2912 River Oaks Dr, Monroe
- Price: $999,000
- 4 bedrooms, 4 bathrooms
- Square feet: 5,717
- Price per square foot: $174
- See 2912 River Oaks Dr, Monroe on Redfin.com
2504 Pargoud Lndg, Monroe
- Price: $859,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 5,717
- Price per square foot: $150
- See 2504 Pargoud Lndg, Monroe on Redfin.com
6901 Egret Lndg, Monroe
- Price: $799,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,438
- Price per square foot: $180
- See 6901 Egret Lndg, Monroe on Redfin.com
4 Waters Edge Dr, Monroe
- Price: $789,900
- 5 bedrooms, 5 bathrooms
- Square feet: 6,806
- Price per square foot: $116
- See 4 Waters Edge Dr, Monroe on Redfin.com
2303 Maison Orleans Blvd, Monroe
- Price: $774,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,605
- Price per square foot: $214
- See 2303 Maison Orleans Blvd, Monroe on Redfin.com
127 St Charles Cir, Monroe
- Price: $730,000
- 5 bedrooms, 4 bathrooms
- Square feet: 4,435
- Price per square foot: $164
- See 127 St Charles Cir, Monroe on Redfin.com
2701 Point Dr, Monroe
- Price: $725,000
- 4 bedrooms, 4 bathrooms
- Square feet: 4,342
- Price per square foot: $166
- See 2701 Point Dr, Monroe on Redfin.com
2201 Marie Pl, Monroe
- Price: $670,000
- 3 bedrooms, 4.5 bathrooms
- Square feet: 4,265
- Price per square foot: $157
- See 2201 Marie Pl, Monroe on Redfin.com
2 Angelina Ln, Monroe
- Price: $625,000
- 4 bedrooms, 4 bathrooms
- Square feet: 5,188
- Price per square foot: $120
- See 2 Angelina Ln, Monroe on Redfin.com
1800 University Pl, Monroe
- Price: $575,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,980
- Price per square foot: $144
- See 1800 University Pl, Monroe on Redfin.com
1870 Highway 594, Monroe
- Price: $549,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,755
- Price per square foot: $312
- See 1870 Highway 594, Monroe on Redfin.com
1802 Toulouse Dr, Monroe
- Price: $534,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,546
- Price per square foot: $209
- See 1802 Toulouse Dr, Monroe on Redfin.com
3700 Pegram Cir, Monroe
- Price: $524,000
- 4 bedrooms, 5 bathrooms
- Square feet: 4,515
- Price per square foot: $116
- See 3700 Pegram Cir, Monroe 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
