How much house $1 million buys you in Jackson
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 Jackson. Listings between $500,000 and $1,000,000 were included.
3520 Hawthorn Dr, Jackson
- Price: $998,000
- 5 bedrooms, 5 bathrooms
- Square feet: 6,364
- Price per square foot: $156
- See 3520 Hawthorn Dr, Jackson on Redfin.com
2426 Eastover Dr, Jackson
- Price: $945,000
- 5 bedrooms, 5 bathrooms
- Square feet: 5,239
- Price per square foot: $180
- See 2426 Eastover Dr, Jackson on Redfin.com
460 St Andrews Dr, Jackson
- Price: $895,000
- 4 bedrooms, 5.5 bathrooms
- Square feet: 4,077
- Price per square foot: $219
- See 460 St Andrews Dr, Jackson on Redfin.com
6 Pecan Hollow Dr, Jackson
- Price: $870,000
- 3 bedrooms, 4.5 bathrooms
- Square feet: 5,194
- Price per square foot: $167
- See 6 Pecan Hollow Dr, Jackson on Redfin.com
5 Pecan Tree Pl, Jackson
- Price: $840,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,812
- Price per square foot: $220
- See 5 Pecan Tree Pl, Jackson on Redfin.com
20 Winterfield Dr, Jackson
- Price: $828,000
- 5 bedrooms, 5 bathrooms
- Square feet: 4,491
- Price per square foot: $184
- See 20 Winterfield Dr, Jackson on Redfin.com
4166 Dogwood Dr, Jackson
- Price: $814,900
- 4 bedrooms, 4 bathrooms
- Square feet: 3,786
- Price per square foot: $215
- See 4166 Dogwood Dr, Jackson on Redfin.com
3844 Hawthorn Dr, Jackson
- Price: $760,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,498
- Price per square foot: $168
- See 3844 Hawthorn Dr, Jackson on Redfin.com
116 Green Dr, Jackson
- Price: $740,000
- 4 bedrooms, 5.5 bathrooms
- Square feet: 4,369
- Price per square foot: $169
- See 116 Green Dr, Jackson on Redfin.com
1 Cypress Ln, Jackson
- Price: $736,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,520
- Price per square foot: $162
- See 1 Cypress Ln, Jackson on Redfin.com
1427 Highland Park Dr, Jackson
- Price: $699,995
- 5 bedrooms, 4.5 bathrooms
- Square feet: 3,370
- Price per square foot: $207
- See 1427 Highland Park Dr, Jackson on Redfin.com
2050 London Ave, Jackson
- Price: $659,000
- 5 bedrooms, 4 bathrooms
- Square feet: 4,059
- Price per square foot: $162
- See 2050 London Ave, Jackson on Redfin.com
420 Saint Andrews Dr Unit A2-4, Jackson
- Price: $650,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,879
- Price per square foot: $345
- See 420 Saint Andrews Dr Unit A2-4, Jackson on Redfin.com
435 Glenway Dr, Jackson
- Price: $599,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,196
- Price per square foot: $142
- See 435 Glenway Dr, Jackson on Redfin.com
256 Eastbrooke St, Jackson
- Price: $599,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 3,789
- Price per square foot: $158
- See 256 Eastbrooke St, Jackson on Redfin.com
4408 Deer Creek Dr, Jackson
- Price: $575,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,261
- Price per square foot: $176
- See 4408 Deer Creek Dr, Jackson on Redfin.com
1200 Meadowbrook Rd #18, Jackson
- Price: $560,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,150
- Price per square foot: $177
- See 1200 Meadowbrook Rd #18, Jackson on Redfin.com
3830 Forest Hill Rd, Jackson
- Price: $550,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 5,002
- Price per square foot: $109
- See 3830 Forest Hill Rd, Jackson on Redfin.com
1616 Poplar Blvd, Jackson
- Price: $535,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,663
- Price per square foot: $146
- See 1616 Poplar Blvd, Jackson on Redfin.com
1844 Eastover Dr, Jackson
- Price: $525,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,114
- Price per square foot: $168
- See 1844 Eastover Dr, Jackson 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
