How much house $1 million buys you in Grand Rapids
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 Grand Rapids. Listings between $500,000 and $1,000,000 were included.
2229 Griggs St SE #5, Grand Rapids
- Price: $625,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,918
- Price per square foot: $325
- See 2229 Griggs St SE #5, Grand Rapids on Redfin.com
335 Bridge St NW #2106, Grand Rapids
- Price: $609,999
- 2 bedrooms, 2 bathrooms
- Square feet: 1,443
- Price per square foot: $422
- See 335 Bridge St NW #2106, Grand Rapids on Redfin.com
6774 Woodbrook Dr SE, Grand Rapids
- Price: $600,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,308
- Price per square foot: $181
- See 6774 Woodbrook Dr SE, Grand Rapids on Redfin.com
554 Madison Ave SE, Grand Rapids
- Price: $599,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,386
- Price per square foot: $177
- See 554 Madison Ave SE, Grand Rapids on Redfin.com
2678 Richmond St NW, Grand Rapids
- Price: $599,900
- 7 bedrooms, 5 bathrooms
- Square feet: 3,341
- Price per square foot: $179
- See 2678 Richmond St NW, Grand Rapids on Redfin.com
1513 Browning Dr, Grand Rapids
- Price: $599,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,810
- Price per square foot: $331
- See 1513 Browning Dr, Grand Rapids on Redfin.com
2570 Black Horse Ct NE, Grand Rapids
- Price: $599,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,555
- Price per square foot: $234
- See 2570 Black Horse Ct NE, Grand Rapids on Redfin.com
2227 Griggs St SE #4, Grand Rapids
- Price: $599,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,965
- Price per square foot: $304
- See 2227 Griggs St SE #4, Grand Rapids on Redfin.com
2301 Schimperle Dr NE, Grand Rapids
- Price: $598,000
- 2 bedrooms, 1 bathroom
- Square feet: 976
- Price per square foot: $612
- See 2301 Schimperle Dr NE, Grand Rapids on Redfin.com
2246 Griggs St SE #40, Grand Rapids
- Price: $595,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,089
- Price per square foot: $285
- See 2246 Griggs St SE #40, Grand Rapids on Redfin.com
2905 Woodside Ave SE, Grand Rapids
- Price: $595,000
- 6 bedrooms, 4.5 bathrooms
- Square feet: 3,791
- Price per square foot: $156
- See 2905 Woodside Ave SE, Grand Rapids on Redfin.com
828 Cadillac Dr SE, Grand Rapids
- Price: $580,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,981
- Price per square foot: $292
- See 828 Cadillac Dr SE, Grand Rapids on Redfin.com
144 Oakes St SW #1905, Grand Rapids
- Price: $575,000
- 1 bedroom, 2 bathrooms
- Square feet: 949
- Price per square foot: $605
- See 144 Oakes St SW #1905, Grand Rapids on Redfin.com
6872 Forest Valley Dr SE, Grand Rapids
- Price: $555,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 3,818
- Price per square foot: $145
- See 6872 Forest Valley Dr SE, Grand Rapids on Redfin.com
3455 Charlevoix Dr SE, Grand Rapids
- Price: $549,900
- 4 bedrooms, 4 bathrooms
- Square feet: 3,876
- Price per square foot: $141
- See 3455 Charlevoix Dr SE, Grand Rapids on Redfin.com
3916 Grand River Dr, Grand Rapids
- Price: $549,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,336
- Price per square foot: $164
- See 3916 Grand River Dr, Grand Rapids on Redfin.com
4020 Tall Timber Dr NW, Grand Rapids
- Price: $549,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,505
- Price per square foot: $219
- See 4020 Tall Timber Dr NW, Grand Rapids on Redfin.com
2185 Valentine St NE, Grand Rapids
- Price: $549,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,923
- Price per square foot: $285
- See 2185 Valentine St NE, Grand Rapids on Redfin.com
201 Michigan St NW #1001, Grand Rapids
- Price: $549,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,145
- Price per square foot: $480
- See 201 Michigan St NW #1001, Grand Rapids on Redfin.com
425 Enclave Ct SE, Grand Rapids
- Price: $545,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,707
- Price per square foot: $201
- See 425 Enclave Ct SE, Grand Rapids on Redfin.com
32 Campau Cir NW #2703, Grand Rapids
- Price: $539,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,474
- Price per square foot: $366
- See 32 Campau Cir NW #2703, Grand Rapids on Redfin.com
2376 Bob White Ct SE, Grand Rapids
- Price: $539,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,410
- Price per square foot: $223
- See 2376 Bob White Ct SE, Grand Rapids on Redfin.com
548 Pleasant St SE, Grand Rapids
- Price: $529,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,371
- Price per square foot: $223
- See 548 Pleasant St SE, Grand Rapids on Redfin.com
2125 Englewood Dr SE, Grand Rapids
- Price: $529,900
- 4 bedrooms, 2 bathrooms
- Square feet: 2,266
- Price per square foot: $233
- See 2125 Englewood Dr SE, Grand Rapids on Redfin.com
320 Boltwood Dr NE, Grand Rapids
- Price: $525,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,717
- Price per square foot: $193
- See 320 Boltwood Dr NE, Grand Rapids on Redfin.com
1142 Orchard Ave SE, Grand Rapids
- Price: $524,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,652
- Price per square foot: $197
- See 1142 Orchard Ave SE, Grand Rapids on Redfin.com
335 Bridge St NW #907, Grand Rapids
- Price: $524,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,702
- Price per square foot: $308
- See 335 Bridge St NW #907, Grand Rapids on Redfin.com
335 Bridge St NW #1101, Grand Rapids
- Price: $519,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,495
- Price per square foot: $347
- See 335 Bridge St NW #1101, Grand Rapids on Redfin.com
4310 Heather Ln SE, Grand Rapids
- Price: $509,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,418
- Price per square foot: $210
- See 4310 Heather Ln SE, Grand Rapids 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
