How much house $1 million buys you in Grand Island
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 Island. Listings between $500,000 and $1,000,000 were included.
2617 Arrowhead Rd, Grand Island
- Price: $795,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,944
- Price per square foot: $160
- See 2617 Arrowhead Rd, Grand Island on Redfin.com
3860 Shady Bend Rd, Grand Island
- Price: $795,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,764
- Price per square foot: $450
- See 3860 Shady Bend Rd, Grand Island on Redfin.com
2931 Lee St, Grand Island
- Price: $699,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,940
- Price per square foot: $177
- See 2931 Lee St, Grand Island on Redfin.com
3310 Buffalo Ct, Grand Island
- Price: $699,000
- 4 bedrooms, 4 bathrooms
- Square feet: 5,222
- Price per square foot: $133
- See 3310 Buffalo Ct, Grand Island on Redfin.com
3116 Saint Andrews Cir, Grand Island
- Price: $699,000
- 5 bedrooms, 3 bathrooms
- Square feet: 4,024
- Price per square foot: $173
- See 3116 Saint Andrews Cir, Grand Island on Redfin.com
4075 Lee St, Grand Island
- Price: $625,000
- 6 bedrooms, 4 bathrooms
- Square feet: 5,324
- Price per square foot: $117
- See 4075 Lee St, Grand Island on Redfin.com
1610 Parkview Dr, Grand Island
- Price: $589,000
- 5 bedrooms, 4 bathrooms
- Square feet: 6,228
- Price per square foot: $94
- See 1610 Parkview Dr, Grand Island on Redfin.com
3826 Meadow Way Trl, Grand Island
- Price: $589,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,810
- Price per square foot: $154
- See 3826 Meadow Way Trl, Grand Island on Redfin.com
4145 Elmwood Dr, Grand Island
- Price: $585,000
- 5 bedrooms, 3 bathrooms
- Square feet: 4,320
- Price per square foot: $135
- See 4145 Elmwood Dr, Grand Island on Redfin.com
3827 Meadow Way Trl, Grand Island
- Price: $565,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,888
- Price per square foot: $145
- See 3827 Meadow Way Trl, Grand Island on Redfin.com
1303 Stagecoach Rd, Grand Island
- Price: $560,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,678
- Price per square foot: $209
- See 1303 Stagecoach Rd, Grand Island on Redfin.com
3814 Majestic Ave, Grand Island
- Price: $550,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,648
- Price per square foot: $150
- See 3814 Majestic Ave, Grand Island on Redfin.com
1004 Worms Rd, Grand Island
- Price: $535,000
- 3 bedrooms, 3 bathrooms
- Square feet: 4,464
- Price per square foot: $119
- See 1004 Worms Rd, Grand Island on Redfin.com
203 Ponderosa Dr, Grand Island
- Price: $530,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,230
- Price per square foot: $164
- See 203 Ponderosa Dr, Grand Island on Redfin.com
1315 Diamond Dr, Grand Island
- Price: $529,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,514
- Price per square foot: $150
- See 1315 Diamond Dr, Grand Island on Redfin.com
3228 Ponca Cir, Grand Island
- Price: $519,000
- 3 bedrooms, 3 bathrooms
- Square feet: 4,364
- Price per square foot: $118
- See 3228 Ponca Cir, Grand Island on Redfin.com
219 Lakeside Dr, Grand Island
- Price: $515,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,272
- Price per square foot: $226
- See 219 Lakeside Dr, Grand Island on Redfin.com
1803 Bass Rd, Grand Island
- Price: $505,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,452
- Price per square foot: $146
- See 1803 Bass Rd, Grand Island 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
