How much house $1 million buys you in Rapid City
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 Rapid City. Listings between $500,000 and $1,000,000 were included.
1021 Quincy St, Rapid City
- Price: $999,900
- 6 bedrooms, 4 bathrooms
- Square feet: 5,189
- Price per square foot: $192
- See 1021 Quincy St, Rapid City on Redfin.com
9100 Schroeder Rd, Rapid City
- Price: $999,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,788
- Price per square foot: $559
- See 9100 Schroeder Rd, Rapid City on Redfin.com
13600 Aeronauts Way, Rockerville
- Price: $994,900
- 2 bedrooms, 2.5 bathrooms
- Square feet: 3,177
- Price per square foot: $313
- See 13600 Aeronauts Way, Rockerville on Redfin.com
7040 Prestwick Rd, Rapid City
- Price: $983,500
- 4 bedrooms, 3 bathrooms
- Square feet: 3,752
- Price per square foot: $262
- See 7040 Prestwick Rd, Rapid City on Redfin.com
945 Enchantment Rd, Rapid City
- Price: $975,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,876
- Price per square foot: $251
- See 945 Enchantment Rd, Rapid City on Redfin.com
2011 Cedar Dr, Rapid
- Price: $949,900
- 5 bedrooms, 4.5 bathrooms
- Square feet: 5,716
- Price per square foot: $166
- See 2011 Cedar Dr, Rapid on Redfin.com
6627 Kennemer Dr, Rapid City
- Price: $945,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,363
- Price per square foot: $216
- See 6627 Kennemer Dr, Rapid City on Redfin.com
7725 Other, Rapid City
- Price: $930,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,890
- Price per square foot: $190
- See 7725 Other, Rapid City on Redfin.com
7725 Country View Pl, Rapid City
- Price: $930,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,890
- Price per square foot: $190
- See 7725 Country View Pl, Rapid City on Redfin.com
1515 Forest Dr, Rapid City
- Price: $899,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,584
- Price per square foot: $347
- See 1515 Forest Dr, Rapid City on Redfin.com
23487 Dry Sage Ln, Rapid City
- Price: $885,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,323
- Price per square foot: $380
- See 23487 Dry Sage Ln, Rapid City on Redfin.com
4725 Andean Ct, Rapid City
- Price: $881,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,714
- Price per square foot: $514
- See 4725 Andean Ct, Rapid City on Redfin.com
650 Solomon Ct, Rapid City
- Price: $879,978
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,452
- Price per square foot: $254
- See 650 Solomon Ct, Rapid City on Redfin.com
6031 Cloud Peak Dr, Rapid City
- Price: $875,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,256
- Price per square foot: $268
- See 6031 Cloud Peak Dr, Rapid City on Redfin.com
4736 Andean Ct, Rapid City
- Price: $874,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,215
- Price per square foot: $394
- See 4736 Andean Ct, Rapid City on Redfin.com
1120 S Regency Ct, Rapid City
- Price: $867,500
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,803
- Price per square foot: $180
- See 1120 S Regency Ct, Rapid City on Redfin.com
5400 Pinedale Cir, Rapid City
- Price: $859,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,926
- Price per square foot: $293
- See 5400 Pinedale Cir, Rapid City on Redfin.com
4101 Penrose Pl, Rapid City
- Price: $850,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,856
- Price per square foot: $297
- See 4101 Penrose Pl, Rapid City on Redfin.com
11762 W Hwy 44, Rapid City
- Price: $850,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,235
- Price per square foot: $380
- See 11762 W Hwy 44, Rapid City on Redfin.com
803 West Blvd, Rapid City
- Price: $850,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,161
- Price per square foot: $393
- See 803 West Blvd, Rapid City on Redfin.com
1721 West Blvd, Rapid City
- Price: $849,900
- 4 bedrooms, 3 bathrooms
- Square feet: 4,431
- Price per square foot: $191
- See 1721 West Blvd, Rapid City on Redfin.com
4600 Lahinch St, Rapid City
- Price: $845,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,562
- Price per square foot: $329
- See 4600 Lahinch St, Rapid City on Redfin.com
5109 Pinedale Heights Dr, Rapid City
- Price: $835,000
- 5 bedrooms, 3 bathrooms
- Square feet: 4,160
- Price per square foot: $200
- See 5109 Pinedale Heights Dr, Rapid City on Redfin.com
14113 Treasure Coach Rd, Piedmont
- Price: $825,000
- 5 bedrooms, 3 bathrooms
- Square feet: 4,184
- Price per square foot: $197
- See 14113 Treasure Coach Rd, Piedmont on Redfin.com
13104 Riverview Ct, Rapid City
- Price: $819,900
- 6 bedrooms, 4 bathrooms
- Square feet: 3,135
- Price per square foot: $261
- See 13104 Riverview Ct, Rapid City on Redfin.com
23165 Justice Ln, Rapid City
- Price: $815,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,215
- Price per square foot: $253
- See 23165 Justice Ln, Rapid City on Redfin.com
311 Isaac St, Rapid City
- Price: $799,995
- 4 bedrooms, 3 bathrooms
- Square feet: 1,939
- Price per square foot: $412
- See 311 Isaac St, Rapid City on Redfin.com
1102 Flormann, Rapid City
- Price: $799,900
- 3 bedrooms, 5 bathrooms
- Square feet: 4,264
- Price per square foot: $187
- See 1102 Flormann, Rapid City on Redfin.com
3410 Carmen Ct, Rapid City
- Price: $799,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,460
- Price per square foot: $179
- See 3410 Carmen Ct, Rapid City on Redfin.com
8410 Kings Rd, Rapid City
- Price: $799,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,614
- Price per square foot: $305
- See 8410 Kings Rd, Rapid City 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
