How much house $1 million buys you in Albuquerque
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 Albuquerque. Listings between $500,000 and $1,000,000 were included.
51 Rock Ridge Dr NE, Albuquerque
- Price: $1,000,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 4,181
- Price per square foot: $239
- See 51 Rock Ridge Dr NE, Albuquerque on Redfin.com
10100 Masters Dr NE, Albuquerque
- Price: $1,000,000
- 4 bedrooms, 4 bathrooms
- Square feet: 4,014
- Price per square foot: $249
- See 10100 Masters Dr NE, Albuquerque on Redfin.com
6520 Petirrojo Rd NW, Albuquerque
- Price: $1,000,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,356
- Price per square foot: $297
- See 6520 Petirrojo Rd NW, Albuquerque on Redfin.com
4218 Sunningdale Ave NE, Albuquerque
- Price: $1,000,000
- 4 bedrooms, 4 bathrooms
- Square feet: 2,961
- Price per square foot: $337
- See 4218 Sunningdale Ave NE, Albuquerque on Redfin.com
7908 Mauna Loa Dr NW, Albuquerque
- Price: $999,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,289
- Price per square foot: $304
- See 7908 Mauna Loa Dr NW, Albuquerque on Redfin.com
4301 Royene Ave NE, Albuquerque
- Price: $995,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,432
- Price per square foot: $224
- See 4301 Royene Ave NE, Albuquerque on Redfin.com
11920 Dusty Rose Rd NE, Albuquerque
- Price: $975,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,794
- Price per square foot: $256
- See 11920 Dusty Rose Rd NE, Albuquerque on Redfin.com
2609 Pajarito Mdws SW, Albuquerque
- Price: $975,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,576
- Price per square foot: $272
- See 2609 Pajarito Mdws SW, Albuquerque on Redfin.com
2615 Vista Larga Ave NE, Albuquerque
- Price: $975,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,518
- Price per square foot: $277
- See 2615 Vista Larga Ave NE, Albuquerque on Redfin.com
6908 Roble Blanco Dr SW, Albuquerque
- Price: $974,900
- 5 bedrooms, 4 bathrooms
- Square feet: 3,945
- Price per square foot: $247
- See 6908 Roble Blanco Dr SW, Albuquerque on Redfin.com
10616 Prestwick NE, Albuquerque
- Price: $950,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,901
- Price per square foot: $327
- See 10616 Prestwick NE, Albuquerque on Redfin.com
6420 Pojoaque Rd NW, Albuquerque
- Price: $949,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 4,065
- Price per square foot: $233
- See 6420 Pojoaque Rd NW, Albuquerque on Redfin.com
3023 Rio Grande Blvd NW, Albuquerque
- Price: $940,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,848
- Price per square foot: $244
- See 3023 Rio Grande Blvd NW, Albuquerque on Redfin.com
9719 Blue Dove NE, Albuquerque
- Price: $939,750
- 5 bedrooms, 3 bathrooms
- Square feet: 3,342
- Price per square foot: $281
- See 9719 Blue Dove NE, Albuquerque on Redfin.com
5508 Luna Del Oro Ct NE, Albuquerque
- Price: $935,000
- 4 bedrooms, 4 bathrooms
- Square feet: 4,990
- Price per square foot: $187
- See 5508 Luna Del Oro Ct NE, Albuquerque on Redfin.com
2686 Della Rd SW, Albuquerque
- Price: $935,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,053
- Price per square foot: $230
- See 2686 Della Rd SW, Albuquerque on Redfin.com
5017 Calle Alta NE, Albuquerque
- Price: $925,000
- 6 bedrooms, 4 bathrooms
- Square feet: 5,255
- Price per square foot: $176
- See 5017 Calle Alta NE, Albuquerque on Redfin.com
12511 Elena Dr NE, Albuquerque
- Price: $925,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,743
- Price per square foot: $337
- See 12511 Elena Dr NE, Albuquerque on Redfin.com
1702 Park Ave SW, Albuquerque
- Price: $900,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,795
- Price per square foot: $237
- See 1702 Park Ave SW, Albuquerque on Redfin.com
4700 Quaker Heights Pl NW, Albuquerque
- Price: $899,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,896
- Price per square foot: $230
- See 4700 Quaker Heights Pl NW, Albuquerque on Redfin.com
1405 Sigma Chi Rd NE, Albuquerque
- Price: $899,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,494
- Price per square foot: $257
- See 1405 Sigma Chi Rd NE, Albuquerque on Redfin.com
13208 Velma Ct NE, Albuquerque
- Price: $898,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,115
- Price per square foot: $288
- See 13208 Velma Ct NE, Albuquerque on Redfin.com
4344 Wymont Cir NE, Albuquerque
- Price: $895,627
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,372
- Price per square foot: $265
- See 4344 Wymont Cir NE, Albuquerque on Redfin.com
1512 La Tuna Pl SE, Albuquerque
- Price: $889,900
- 5 bedrooms, 4 bathrooms
- Square feet: 4,815
- Price per square foot: $184
- See 1512 La Tuna Pl SE, Albuquerque on Redfin.com
5805 Mariola Pl NE, Albuquerque
- Price: $889,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 3,120
- Price per square foot: $284
- See 5805 Mariola Pl NE, Albuquerque on Redfin.com
12041 Caribou Ave NE, Albuquerque
- Price: $880,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,404
- Price per square foot: $258
- See 12041 Caribou Ave NE, Albuquerque on Redfin.com
400 Paseo Del Bosque NW, Albuquerque
- Price: $880,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,194
- Price per square foot: $275
- See 400 Paseo Del Bosque NW, Albuquerque on Redfin.com
6705 Quivira Dr NW, Albuquerque
- Price: $880,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,963
- Price per square foot: $296
- See 6705 Quivira Dr NW, Albuquerque on Redfin.com
14012 Wind Mountain Rd NE, Albuquerque
- Price: $877,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,748
- Price per square foot: $233
- See 14012 Wind Mountain Rd NE, Albuquerque on Redfin.com
7009 Pala Mesa Ct NE, Albuquerque
- Price: $875,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,101
- Price per square foot: $213
- See 7009 Pala Mesa Ct NE, Albuquerque 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
