How much house $1 million buys you in Mankato
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 Mankato. Listings between $500,000 and $1,000,000 were included.
127 Red Oak Ct, Mankato Twp
- Price: $934,900
- 5 bedrooms, 4 bathrooms
- Square feet: 5,182
- Price per square foot: $180
- See 127 Red Oak Ct, Mankato Twp on Redfin.com
233 Woodhill Ct, Mankato
- Price: $869,000
- 5 bedrooms, 3 bathrooms
- Square feet: 5,198
- Price per square foot: $167
- See 233 Woodhill Ct, Mankato on Redfin.com
221 Woodhill Ct, Mankato
- Price: $835,000
- 5 bedrooms, 5 bathrooms
- Square feet: 6,208
- Price per square foot: $134
- See 221 Woodhill Ct, Mankato on Redfin.com
112 Rosewood Dr, Mankato
- Price: $814,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 5,222
- Price per square foot: $156
- See 112 Rosewood Dr, Mankato on Redfin.com
56855 Lafleur Ct, Mankato
- Price: $799,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,716
- Price per square foot: $294
- See 56855 Lafleur Ct, Mankato on Redfin.com
51671 Lor Ray Dr, North Mankato
- Price: $775,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,848
- Price per square foot: $201
- See 51671 Lor Ray Dr, North Mankato on Redfin.com
2132 Deerwood Dr, North Mankato
- Price: $765,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,938
- Price per square foot: $394
- See 2132 Deerwood Dr, North Mankato on Redfin.com
1836 Indigo Trl, Mankato
- Price: $739,900
- 6 bedrooms, 5 bathrooms
- Square feet: 4,131
- Price per square foot: $179
- See 1836 Indigo Trl, Mankato on Redfin.com
313 Pinehurst Dr, Mankato
- Price: $695,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,810
- Price per square foot: $383
- See 313 Pinehurst Dr, Mankato on Redfin.com
1018 Mahoe Way, Mankato
- Price: $669,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,350
- Price per square foot: $284
- See 1018 Mahoe Way, Mankato on Redfin.com
2112 Deerwood Dr, North Mankato
- Price: $665,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,548
- Price per square foot: $429
- See 2112 Deerwood Dr, North Mankato on Redfin.com
20206 Monks Ave, Mankato
- Price: $659,900
- 5 bedrooms, 3 bathrooms
- Square feet: 3,584
- Price per square foot: $184
- See 20206 Monks Ave, Mankato on Redfin.com
929 N 4th St, Mankato
- Price: $650,000
- 1 bedroom, 4 bathrooms
- Square feet: 3,930
- Price per square foot: $165
- See 929 N 4th St, Mankato on Redfin.com
100 N Hill Dr, Lime Twp
- Price: $599,990
- 4 bedrooms, 4 bathrooms
- Square feet: 3,172
- Price per square foot: $189
- See 100 N Hill Dr, Lime Twp on Redfin.com
105 Viking Ct, Mankato
- Price: $599,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,153
- Price per square foot: $189
- See 105 Viking Ct, Mankato on Redfin.com
108 Ella Ct, Mankato
- Price: $569,900
- 5 bedrooms, 3 bathrooms
- Square feet: 2,846
- Price per square foot: $200
- See 108 Ella Ct, Mankato on Redfin.com
20 N Hill Ct Ct, Mankato
- Price: $565,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,984
- Price per square foot: $141
- See 20 N Hill Ct Ct, Mankato on Redfin.com
117 Apple Nook Ct, Mankato
- Price: $549,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 4,234
- Price per square foot: $129
- See 117 Apple Nook Ct, Mankato on Redfin.com
27 W Raven Rock Rd, Mankato
- Price: $525,000
- 5 bedrooms, 4 bathrooms
- Square feet: 5,093
- Price per square foot: $103
- See 27 W Raven Rock Rd, Mankato on Redfin.com
125 Thissen Ct, Mankato
- Price: $519,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,651
- Price per square foot: $142
- See 125 Thissen Ct, Mankato on Redfin.com
225 Pinehurst Dr, Mankato
- Price: $500,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,698
- Price per square foot: $185
- See 225 Pinehurst Dr, Mankato 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
