How much house $1 million buys you in Medford
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 Medford. Listings between $500,000 and $1,000,000 were included.
3555 Payne Rd, Medford
- Price: $1,000,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,370
- Price per square foot: $296
- See 3555 Payne Rd, Medford on Redfin.com
6430 Pine Ridge Dr, Medford
- Price: $995,000
- 4 bedrooms, 5 bathrooms
- Square feet: 5,344
- Price per square foot: $186
- See 6430 Pine Ridge Dr, Medford on Redfin.com
6401 Hillcrest Rd, Medford
- Price: $990,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 4,850
- Price per square foot: $204
- See 6401 Hillcrest Rd, Medford on Redfin.com
1409 Highcrest Dr, Medford
- Price: $975,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,852
- Price per square foot: $341
- See 1409 Highcrest Dr, Medford on Redfin.com
4935 Cherry Ln, Medford
- Price: $945,000
- 3 bedrooms, 4.5 bathrooms
- Square feet: 4,226
- Price per square foot: $223
- See 4935 Cherry Ln, Medford on Redfin.com
5227 Pioneer Rd, Medford
- Price: $924,808
- 4 bedrooms, 3 bathrooms
- Square feet: 2,228
- Price per square foot: $415
- See 5227 Pioneer Rd, Medford on Redfin.com
3015 Marigold Ln, Medford
- Price: $924,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,388
- Price per square foot: $386
- See 3015 Marigold Ln, Medford on Redfin.com
4291 Pioneer Rd, Medford
- Price: $899,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,978
- Price per square foot: $302
- See 4291 Pioneer Rd, Medford on Redfin.com
1711 E Main St, Medford
- Price: $899,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,964
- Price per square foot: $303
- See 1711 E Main St, Medford on Redfin.com
4958 Pioneer Rd, Medford
- Price: $899,808
- 4 bedrooms, 3 bathrooms
- Square feet: 5,426
- Price per square foot: $165
- See 4958 Pioneer Rd, Medford on Redfin.com
2631 Delta Waters Rd, Medford
- Price: $899,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,282
- Price per square foot: $273
- See 2631 Delta Waters Rd, Medford on Redfin.com
2311 S Stage Rd, Medford
- Price: $899,000
- 5 bedrooms, 2 bathrooms
- Square feet: 2,304
- Price per square foot: $390
- See 2311 S Stage Rd, Medford on Redfin.com
3203 Broken Top Way, Medford
- Price: $895,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,001
- Price per square foot: $298
- See 3203 Broken Top Way, Medford on Redfin.com
518 Autumn Hills Dr, Medford
- Price: $890,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,718
- Price per square foot: $327
- See 518 Autumn Hills Dr, Medford on Redfin.com
3395 Augusta Ct, Medford
- Price: $879,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,583
- Price per square foot: $340
- See 3395 Augusta Ct, Medford on Redfin.com
4300 Evening Ridge Ter, Medford
- Price: $879,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,313
- Price per square foot: $265
- See 4300 Evening Ridge Ter, Medford on Redfin.com
1850 Coker Butte Rd, Medford
- Price: $875,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,242
- Price per square foot: $390
- See 1850 Coker Butte Rd, Medford on Redfin.com
4231 Evening Ridge Ter, Medford
- Price: $825,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,717
- Price per square foot: $303
- See 4231 Evening Ridge Ter, Medford on Redfin.com
2585 David Ln, Medford
- Price: $824,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,816
- Price per square foot: $292
- See 2585 David Ln, Medford on Redfin.com
3487 Greystone Ct, Medford
- Price: $800,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,632
- Price per square foot: $303
- See 3487 Greystone Ct, Medford on Redfin.com
2232 Dellwood Ave, Medford
- Price: $799,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,252
- Price per square foot: $245
- See 2232 Dellwood Ave, Medford on Redfin.com
2675 Kerrisdale Ridge Dr, Medford
- Price: $799,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,785
- Price per square foot: $286
- See 2675 Kerrisdale Ridge Dr, Medford on Redfin.com
3025 Sky Lakes Dr, Medford
- Price: $799,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,395
- Price per square foot: $333
- See 3025 Sky Lakes Dr, Medford on Redfin.com
2554 W Stewart Ave, Medford
- Price: $799,000
- 3 bedrooms, 1.5 bathrooms
- Square feet: 1,740
- Price per square foot: $459
- See 2554 W Stewart Ave, Medford on Redfin.com
4550 W Griffin Creek Rd, Medford
- Price: $795,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,510
- Price per square foot: $226
- See 4550 W Griffin Creek Rd, Medford on Redfin.com
4386 Murryhill Ter, Medford
- Price: $787,800
- 3 bedrooms, 3 bathrooms
- Square feet: 2,636
- Price per square foot: $298
- See 4386 Murryhill Ter, Medford on Redfin.com
1441 Highcrest Dr, Medford
- Price: $749,900
- 5 bedrooms, 3 bathrooms
- Square feet: 2,798
- Price per square foot: $268
- See 1441 Highcrest Dr, Medford on Redfin.com
2088 Jasmine Ave, Medford
- Price: $748,700
- 5 bedrooms, 3 bathrooms
- Square feet: 2,532
- Price per square foot: $295
- See 2088 Jasmine Ave, Medford on Redfin.com
2449 Arrowpoint Ct, Medford
- Price: $745,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,943
- Price per square foot: $253
- See 2449 Arrowpoint Ct, Medford on Redfin.com
2875 Mel Lowe Ln, Medford
- Price: $739,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,424
- Price per square foot: $304
- See 2875 Mel Lowe Ln, Medford 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
