How much house $1 million buys you in Lebanon
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 Lebanon. Listings between $500,000 and $1,000,000 were included.
840 Wheatfield Ln, Lebanon
- Price: $895,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,453
- Price per square foot: $259
- See 840 Wheatfield Ln, Lebanon on Redfin.com
836 Wheatfield Ln, Lebanon
- Price: $865,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,322
- Price per square foot: $260
- See 836 Wheatfield Ln, Lebanon on Redfin.com
217 Dahlia Cir, Lebanon
- Price: $834,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,109
- Price per square foot: $268
- See 217 Dahlia Cir, Lebanon on Redfin.com
000 Wheatfield Ln, Lebanon
- Price: $765,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,543
- Price per square foot: $215
- See 000 Wheatfield Ln, Lebanon on Redfin.com
14 Betony Ln, Lebanon
- Price: $746,600
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,312
- Price per square foot: $225
- See 14 Betony Ln, Lebanon on Redfin.com
117 On The Blvd #305, Lebanon
- Price: $714,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,180
- Price per square foot: $327
- See 117 On The Blvd #305, Lebanon on Redfin.com
117 On The Blvd #205, Lebanon
- Price: $709,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,180
- Price per square foot: $325
- See 117 On The Blvd #205, Lebanon on Redfin.com
857 Church Rd, Lebanon
- Price: $680,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,387
- Price per square foot: $200
- See 857 Church Rd, Lebanon on Redfin.com
931 Meadowood Cir, Lebanon
- Price: $675,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,939
- Price per square foot: $171
- See 931 Meadowood Cir, Lebanon on Redfin.com
100 Cobblestone Dr, Lebanon
- Price: $664,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,750
- Price per square foot: $177
- See 100 Cobblestone Dr, Lebanon on Redfin.com
117 On The Blvd #307, Lebanon
- Price: $653,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,956
- Price per square foot: $333
- See 117 On The Blvd #307, Lebanon on Redfin.com
117 On The Blvd #207, Lebanon
- Price: $648,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,956
- Price per square foot: $331
- See 117 On The Blvd #207, Lebanon on Redfin.com
117 On The Blvd #107, Lebanon
- Price: $643,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,956
- Price per square foot: $328
- See 117 On The Blvd #107, Lebanon on Redfin.com
101 Dream Dr, Lebanon
- Price: $630,292
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,392
- Price per square foot: $263
- See 101 Dream Dr, Lebanon on Redfin.com
310 S 21st St, Lebanon
- Price: $629,000
- 7 bedrooms, 3.5 bathrooms
- Square feet: 5,000
- Price per square foot: $125
- See 310 S 21st St, Lebanon on Redfin.com
01 Dahlia Cir, Lebanon
- Price: $613,600
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,563
- Price per square foot: $172
- See 01 Dahlia Cir, Lebanon on Redfin.com
604 Lilliana Dr, Lebanon
- Price: $599,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,921
- Price per square foot: $312
- See 604 Lilliana Dr, Lebanon on Redfin.com
925 Snapdragon Ct Unit OFR7A7, Lebanon
- Price: $599,400
- 3 bedrooms, 2 bathrooms
- Square feet: 1,955
- Price per square foot: $306
- See 925 Snapdragon Ct Unit OFR7A7, Lebanon on Redfin.com
4 S 4th St, Lebanon
- Price: $595,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 6,970
- Price per square foot: $85
- See 4 S 4th St, Lebanon on Redfin.com
2301 Quarry Rd, Lebanon
- Price: $589,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,986
- Price per square foot: $296
- See 2301 Quarry Rd, Lebanon 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
