How much house $1 million buys you in Jackson, Tennessee
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 Jackson, Tennessee. Listings between $500,000 and $1,000,000 were included.
30 Winslow Cv, Jackson
- Price: $995,500
- 6 bedrooms, 4 bathrooms
- Square feet: 4,688
- Price per square foot: $212
- See 30 Winslow Cv, Jackson on Redfin.com
4 Rochester Cv, Jackson
- Price: $949,500
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,458
- Price per square foot: $212
- See 4 Rochester Cv, Jackson on Redfin.com
34 Cross Creek Cv, Jackson
- Price: $899,900
- 5 bedrooms, 5.5 bathrooms
- Square feet: 4,831
- Price per square foot: $186
- See 34 Cross Creek Cv, Jackson on Redfin.com
158 Nottingham Dr, Jackson
- Price: $899,900
- 4 bedrooms, 4 bathrooms
- Square feet: 4,564
- Price per square foot: $197
- See 158 Nottingham Dr, Jackson on Redfin.com
18 Admirals Pointe Cv, Jackson
- Price: $875,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,526
- Price per square foot: $193
- See 18 Admirals Pointe Cv, Jackson on Redfin.com
26 Applestone Dr, Jackson
- Price: $869,900
- 5 bedrooms, 4 bathrooms
- Square feet: 3,657
- Price per square foot: $237
- See 26 Applestone Dr, Jackson on Redfin.com
22 Southwind Dr, Jackson
- Price: $859,900
- 4 bedrooms, 4 bathrooms
- Square feet: 4,167
- Price per square foot: $206
- See 22 Southwind Dr, Jackson on Redfin.com
38 Northwood Ave, Jackson
- Price: $850,000
- 6 bedrooms, 5 bathrooms
- Square feet: 5,176
- Price per square foot: $164
- See 38 Northwood Ave, Jackson on Redfin.com
250 Bascom Rd, Jackson
- Price: $824,999
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,070
- Price per square foot: $202
- See 250 Bascom Rd, Jackson on Redfin.com
18 Shadow Ridge Dr, Jackson
- Price: $809,900
- 5 bedrooms, 3 bathrooms
- Square feet: 3,745
- Price per square foot: $216
- See 18 Shadow Ridge Dr, Jackson on Redfin.com
26 Bridlepath Dr, Jackson
- Price: $799,900
- 5 bedrooms, 5 bathrooms
- Square feet: 5,173
- Price per square foot: $154
- See 26 Bridlepath Dr, Jackson on Redfin.com
204 E Deaderick St, Jackson
- Price: $799,900
- 3 bedrooms, 2 bathrooms
- Square feet: 4,395
- Price per square foot: $182
- See 204 E Deaderick St, Jackson on Redfin.com
975 Ashport Rd, Jackson
- Price: $798,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,001
- Price per square foot: $399
- See 975 Ashport Rd, Jackson on Redfin.com
53 Emerald Lake Dr, Jackson
- Price: $699,900
- 6 bedrooms, 4.5 bathrooms
- Square feet: 4,863
- Price per square foot: $143
- See 53 Emerald Lake Dr, Jackson on Redfin.com
812 Pipkin Rd, Jackson
- Price: $695,000
- 5 bedrooms, 4 bathrooms
- Square feet: 4,059
- Price per square foot: $171
- See 812 Pipkin Rd, Jackson on Redfin.com
153 Willow Green Dr, Jackson
- Price: $675,000
- 6 bedrooms, 4 bathrooms
- Square feet: 4,646
- Price per square foot: $145
- See 153 Willow Green Dr, Jackson on Redfin.com
23 Fairfield Pl, Jackson
- Price: $674,999
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,869
- Price per square foot: $174
- See 23 Fairfield Pl, Jackson on Redfin.com
51 Crownpointe Cv, Jackson
- Price: $649,000
- 5 bedrooms, 4 bathrooms
- Square feet: 5,200
- Price per square foot: $124
- See 51 Crownpointe Cv, Jackson on Redfin.com
25 Whitfield Cv, Jackson
- Price: $645,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,416
- Price per square foot: $146
- See 25 Whitfield Cv, Jackson on Redfin.com
33 Natchez Pl, Jackson
- Price: $639,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 5,893
- Price per square foot: $108
- See 33 Natchez Pl, Jackson on Redfin.com
79 Water Ridge Pl, Jackson
- Price: $635,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,200
- Price per square foot: $198
- See 79 Water Ridge Pl, Jackson on Redfin.com
648 Boone Ln, Jackson
- Price: $625,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,802
- Price per square foot: $164
- See 648 Boone Ln, Jackson on Redfin.com
189 Wyndchase Dr, Jackson
- Price: $619,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,830
- Price per square foot: $161
- See 189 Wyndchase Dr, Jackson on Redfin.com
54 Forest Downs Dr, Jackson
- Price: $615,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,945
- Price per square foot: $208
- See 54 Forest Downs Dr, Jackson on Redfin.com
152 Sommersby Dr, Jackson
- Price: $599,990
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,299
- Price per square foot: $181
- See 152 Sommersby Dr, Jackson on Redfin.com
28 Crownpointe Cv, Jackson
- Price: $599,900
- 6 bedrooms, 3.5 bathrooms
- Square feet: 4,231
- Price per square foot: $141
- See 28 Crownpointe Cv, Jackson on Redfin.com
60 N Acres Dr, Jackson
- Price: $599,900
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,657
- Price per square foot: $164
- See 60 N Acres Dr, Jackson on Redfin.com
34 Castle Pines Dr, Jackson
- Price: $589,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,528
- Price per square foot: $167
- See 34 Castle Pines Dr, Jackson on Redfin.com
15 Clearwater Cv, Jackson
- Price: $589,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,343
- Price per square foot: $176
- See 15 Clearwater Cv, Jackson on Redfin.com
63 Westcott Cv, Jackson
- Price: $589,900
- 5 bedrooms, 3 bathrooms
- Square feet: 3,062
- Price per square foot: $192
- See 63 Westcott Cv, Jackson on Redfin.com
52 Larkhaven Lp Loop, Jackson
- Price: $584,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,046
- Price per square foot: $192
- See 52 Larkhaven Lp Loop, Jackson 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
