How much house $1 million buys you in Detroit
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 Detroit. Listings between $500,000 and $1,000,000 were included.
2254 Chicago Blvd, Detroit
- Price: $999,900
- 7 bedrooms, 4 bathrooms
- Square feet: 10,094
- Price per square foot: $99
- See 2254 Chicago Blvd, Detroit on Redfin.com
220 Alfred St, Detroit
- Price: $995,000
- 3 bedrooms, 4 bathrooms
- Square feet: 2,682
- Price per square foot: $370
- See 220 Alfred St, Detroit on Redfin.com
17325 Pontchartrain Blvd, Highland Park
- Price: $926,500
- 6 bedrooms, 5 bathrooms
- Square feet: 12,305
- Price per square foot: $75
- See 17325 Pontchartrain Blvd, Highland Park on Redfin.com
1801 Church St, Detroit
- Price: $899,000
- 4 bedrooms, 2 bathrooms
- Square feet: 3,600
- Price per square foot: $249
- See 1801 Church St, Detroit on Redfin.com
330 Gratiot Ave #1603, Detroit
- Price: $899,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,009
- Price per square foot: $447
- See 330 Gratiot Ave #1603, Detroit on Redfin.com
94 E Boston Blvd, Detroit
- Price: $875,000
- 6 bedrooms, 4 bathrooms
- Square feet: 4,423
- Price per square foot: $197
- See 94 E Boston Blvd, Detroit on Redfin.com
2809 Brush St, Detroit
- Price: $839,000
- 2 bedrooms, 3 bathrooms
- Square feet: 2,127
- Price per square foot: $394
- See 2809 Brush St, Detroit on Redfin.com
2648 John R St, Detroit
- Price: $800,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,100
- Price per square foot: $380
- See 2648 John R St, Detroit on Redfin.com
1348 Bagley St, Detroit
- Price: $799,999
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,130
- Price per square foot: $375
- See 1348 Bagley St, Detroit on Redfin.com
2423 Chicago Blvd, Detroit
- Price: $799,000
- 5 bedrooms, 4 bathrooms
- Square feet: 4,475
- Price per square foot: $178
- See 2423 Chicago Blvd, Detroit on Redfin.com
229 Alfred St, Detroit
- Price: $799,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,130
- Price per square foot: $375
- See 229 Alfred St, Detroit on Redfin.com
1735 Lincolnshire Dr, Detroit
- Price: $798,000
- 7 bedrooms, 4 bathrooms
- Square feet: 6,387
- Price per square foot: $124
- See 1735 Lincolnshire Dr, Detroit on Redfin.com
8790 Arlington St, Detroit
- Price: $790,000
- 11 bedroom, 6 bathrooms
- Square feet: 3,960
- Price per square foot: $199
- See 8790 Arlington St, Detroit on Redfin.com
3105 Brush St, Detroit
- Price: $739,900
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,248
- Price per square foot: $329
- See 3105 Brush St, Detroit on Redfin.com
18634 Muirland St, Detroit
- Price: $699,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,104
- Price per square foot: $170
- See 18634 Muirland St, Detroit on Redfin.com
488 Parkview Dr, Detroit
- Price: $699,500
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,628
- Price per square foot: $192
- See 488 Parkview Dr, Detroit on Redfin.com
2845 John R St #202, Detroit
- Price: $698,990
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,814
- Price per square foot: $385
- See 2845 John R St #202, Detroit on Redfin.com
1361 W Canfield St, Detroit
- Price: $680,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,936
- Price per square foot: $351
- See 1361 W Canfield St, Detroit on Redfin.com
4312 Lincoln St, Detroit
- Price: $677,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,916
- Price per square foot: $353
- See 4312 Lincoln St, Detroit on Redfin.com
200 S River Place Dr #29, Detroit
- Price: $675,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,094
- Price per square foot: $322
- See 200 S River Place Dr #29, Detroit on Redfin.com
4322 Lincoln St, Detroit
- Price: $675,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,916
- Price per square foot: $352
- See 4322 Lincoln St, Detroit on Redfin.com
1135 Shelby St #392701, Detroit
- Price: $650,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,413
- Price per square foot: $460
- See 1135 Shelby St #392701, Detroit on Redfin.com
90 Edison St, Detroit
- Price: $649,900
- 7 bedrooms, 4 bathrooms
- Square feet: 4,808
- Price per square foot: $135
- See 90 Edison St, Detroit on Redfin.com
22 Edison St, Detroit
- Price: $645,000
- 5 bedrooms, 5 bathrooms
- Square feet: 5,695
- Price per square foot: $113
- See 22 Edison St, Detroit on Redfin.com
449 W Willis St #4, Detroit
- Price: $621,500
- 2 bedrooms, 2 bathrooms
- Square feet: 2,022
- Price per square foot: $307
- See 449 W Willis St #4, Detroit on Redfin.com
267 Keelson Dr, Detroit
- Price: $615,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,850
- Price per square foot: $332
- See 267 Keelson Dr, Detroit 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
