How much house $1 million buys you in Portland, Maine
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 Portland, Maine. Listings between $500,000 and $1,000,000 were included.
22 Carroll St #9, Portland
- Price: $989,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,160
- Price per square foot: $457
- See 22 Carroll St #9, Portland on Redfin.com
105 Chandlers Wharf #105, Portland
- Price: $959,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,705
- Price per square foot: $562
- See 105 Chandlers Wharf #105, Portland on Redfin.com
75 Mcauley Way #403, Portland
- Price: $951,478
- 3 bedrooms, 2 bathrooms
- Square feet: 1,517
- Price per square foot: $627
- See 75 Mcauley Way #403, Portland on Redfin.com
166 Fore St #31, Portland
- Price: $950,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,210
- Price per square foot: $785
- See 166 Fore St #31, Portland on Redfin.com
7 Prospect Ave, Portland
- Price: $949,900
- 4 bedrooms, 1.5 bathrooms
- Square feet: 1,512
- Price per square foot: $628
- See 7 Prospect Ave, Portland on Redfin.com
46 Ryefield St, Portland
- Price: $940,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,529
- Price per square foot: $614
- See 46 Ryefield St, Portland on Redfin.com
75 Mcauley Way #203, Portland
- Price: $929,496
- 3 bedrooms, 2 bathrooms
- Square feet: 1,517
- Price per square foot: $612
- See 75 Mcauley Way #203, Portland on Redfin.com
340 Eastern #155, Portland
- Price: $919,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,919
- Price per square foot: $478
- See 340 Eastern #155, Portland on Redfin.com
15 Brown St #405, Portland
- Price: $899,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,180
- Price per square foot: $761
- See 15 Brown St #405, Portland on Redfin.com
149 Owl's Nest Rd, Portland
- Price: $895,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,198
- Price per square foot: $407
- See 149 Owl's Nest Rd, Portland on Redfin.com
6 Quartermaster Ct, Portland
- Price: $895,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,016
- Price per square foot: $443
- See 6 Quartermaster Ct, Portland on Redfin.com
75 Mcauley Way #505, Portland
- Price: $872,443
- 2 bedrooms, 2 bathrooms
- Square feet: 1,338
- Price per square foot: $652
- See 75 Mcauley Way #505, Portland on Redfin.com
34 Hammond St Unit B, Portland
- Price: $860,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,897
- Price per square foot: $453
- See 34 Hammond St Unit B, Portland on Redfin.com
38 Trailhead Way, Portland
- Price: $850,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,095
- Price per square foot: $405
- See 38 Trailhead Way, Portland on Redfin.com
45 Eastern Promenade Unit 8D, Portland
- Price: $850,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,226
- Price per square foot: $693
- See 45 Eastern Promenade Unit 8D, Portland on Redfin.com
29 Chenery St, Portland
- Price: $849,999
- 3 bedrooms, 2 bathrooms
- Square feet: 1,626
- Price per square foot: $522
- See 29 Chenery St, Portland on Redfin.com
167 Newbury St #206, Portland
- Price: $849,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,254
- Price per square foot: $677
- See 167 Newbury St #206, Portland on Redfin.com
75 Mcauley Way #206, Portland
- Price: $802,108
- 2 bedrooms, 2 bathrooms
- Square feet: 1,318
- Price per square foot: $608
- See 75 Mcauley Way #206, Portland on Redfin.com
130 Hartley St, Portland
- Price: $800,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,742
- Price per square foot: $459
- See 130 Hartley St, Portland on Redfin.com
218 Washington Ave #309, Portland
- Price: $799,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,175
- Price per square foot: $680
- See 218 Washington Ave #309, Portland on Redfin.com
12 Black Sparrow Dr, Portland
- Price: $789,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,150
- Price per square foot: $366
- See 12 Black Sparrow Dr, Portland on Redfin.com
12 Black Sparrow Dr #12, Portland
- Price: $789,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,150
- Price per square foot: $366
- See 12 Black Sparrow Dr #12, Portland on Redfin.com
75 Chestnut St #607, Portland
- Price: $789,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,030
- Price per square foot: $766
- See 75 Chestnut St #607, Portland on Redfin.com
220 Lane Ave, Portland
- Price: $779,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,644
- Price per square foot: $294
- See 220 Lane Ave, Portland on Redfin.com
16 Tate St #2, Portland
- Price: $750,000
- 3 bedrooms, 1.5 bathrooms
- Square feet: 1,370
- Price per square foot: $547
- See 16 Tate St #2, Portland on Redfin.com
45 Eastern Promenade Unit 11C, Portland
- Price: $750,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,054
- Price per square foot: $711
- See 45 Eastern Promenade Unit 11C, Portland on Redfin.com
105 North St #3, Portland
- Price: $749,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,575
- Price per square foot: $476
- See 105 North St #3, Portland on Redfin.com
11 Mellen St #4, Portland
- Price: $749,000
- 1 bedroom, 1.5 bathrooms
- Square feet: 1,324
- Price per square foot: $565
- See 11 Mellen St #4, Portland on Redfin.com
75 Mcauley Way #304, Portland
- Price: $736,473
- 2 bedrooms, 2 bathrooms
- Square feet: 1,244
- Price per square foot: $592
- See 75 Mcauley Way #304, Portland on Redfin.com
48 Ridge Rd #3, Portland
- Price: $725,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,543
- Price per square foot: $285
- See 48 Ridge Rd #3, Portland 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
