How much house $1 million buys you in Knoxville
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 Knoxville. Listings between $500,000 and $1,000,000 were included.
4605 Simona Rd, Knoxville
- Price: $1,000,000
- 6 bedrooms, 3 bathrooms
- Square feet: 4,160
- Price per square foot: $240
- See 4605 Simona Rd, Knoxville on Redfin.com
8015 Millertown Pike, Knoxville
- Price: $999,900
- 3 bedrooms, 4.5 bathrooms
- Square feet: 5,828
- Price per square foot: $171
- See 8015 Millertown Pike, Knoxville on Redfin.com
6632 Lambent Ln, Knoxville
- Price: $999,900
- 3 bedrooms, 3 bathrooms
- Square feet: 4,800
- Price per square foot: $208
- See 6632 Lambent Ln, Knoxville on Redfin.com
2808 Surfside Shores Ln, Knoxville
- Price: $999,900
- 5 bedrooms, 5 bathrooms
- Square feet: 4,100
- Price per square foot: $243
- See 2808 Surfside Shores Ln, Knoxville on Redfin.com
1818 Thunderhead Road, Knoxville
- Price: $999,900
- 4 bedrooms, 4 bathrooms
- Square feet: 2,674
- Price per square foot: $373
- See 1818 Thunderhead Road, Knoxville on Redfin.com
Lot 28 Thunderhead Rd, Knoxville
- Price: $999,900
- 3 bedrooms, 4 bathrooms
- Square feet: 2,674
- Price per square foot: $373
- See Lot 28 Thunderhead Rd, Knoxville on Redfin.com
Lot 33 Northshore Town Ctr, Knoxville
- Price: $999,900
- 3 bedrooms, 4 bathrooms
- Square feet: 2,674
- Price per square foot: $373
- See Lot 33 Northshore Town Ctr, Knoxville on Redfin.com
11715 Grigsby Chapel Rd, Knoxville
- Price: $999,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,417
- Price per square foot: $413
- See 11715 Grigsby Chapel Rd, Knoxville on Redfin.com
719 Lake Vista Ln #3, Knoxville
- Price: $999,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,481
- Price per square foot: $286
- See 719 Lake Vista Ln #3, Knoxville on Redfin.com
603 W Main St #103, Knoxville
- Price: $999,000
- 1 bedroom, 1.5 bathrooms
- Square feet: 2,101
- Price per square foot: $475
- See 603 W Main St #103, Knoxville on Redfin.com
11433 Turkey Creek Rd, Knoxville
- Price: $998,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,520
- Price per square foot: $396
- See 11433 Turkey Creek Rd, Knoxville on Redfin.com
12212 Oakmont Cir, Knoxville
- Price: $995,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 4,600
- Price per square foot: $216
- See 12212 Oakmont Cir, Knoxville on Redfin.com
8334 Kiva Dunes Ln, Knoxville
- Price: $995,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,392
- Price per square foot: $226
- See 8334 Kiva Dunes Ln, Knoxville on Redfin.com
2323 Misty Mountain Cir, Knoxville
- Price: $995,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,319
- Price per square foot: $299
- See 2323 Misty Mountain Cir, Knoxville on Redfin.com
1233 Cherokee Blvd, Knoxville
- Price: $995,000
- 3 bedrooms, 2 bathrooms
- Square feet: 3,031
- Price per square foot: $328
- See 1233 Cherokee Blvd, Knoxville on Redfin.com
9432 Clingmans Dome Dr, Knoxville
- Price: $995,000
- 2 bedrooms, 3 bathrooms
- Square feet: 2,674
- Price per square foot: $372
- See 9432 Clingmans Dome Dr, Knoxville on Redfin.com
116 S Gay St #205, Knoxville
- Price: $995,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,130
- Price per square foot: $467
- See 116 S Gay St #205, Knoxville on Redfin.com
402 S Gay St #301, Knoxville
- Price: $995,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,641
- Price per square foot: $606
- See 402 S Gay St #301, Knoxville on Redfin.com
11919 Burnside Pl, Knoxville
- Price: $989,900
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,584
- Price per square foot: $215
- See 11919 Burnside Pl, Knoxville on Redfin.com
327 W Summit Hill Dr #414, Knoxville
- Price: $986,500
- 2 bedrooms, 2 bathrooms
- Square feet: 1,463
- Price per square foot: $674
- See 327 W Summit Hill Dr #414, Knoxville on Redfin.com
12000 S Fox Den Dr, Knoxville
- Price: $979,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,408
- Price per square foot: $287
- See 12000 S Fox Den Dr, Knoxville on Redfin.com
12309 N Fox Den Dr, Knoxville
- Price: $975,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,518
- Price per square foot: $215
- See 12309 N Fox Den Dr, Knoxville on Redfin.com
4680 Luttrell Rd, Knoxville
- Price: $975,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,058
- Price per square foot: $240
- See 4680 Luttrell Rd, Knoxville on Redfin.com
12787 Baltica Ln, Knoxville
- Price: $975,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,357
- Price per square foot: $290
- See 12787 Baltica Ln, Knoxville on Redfin.com
11514 Dobe Way, Knoxville
- Price: $974,900
- 3 bedrooms, 4.5 bathrooms
- Square feet: 4,269
- Price per square foot: $228
- See 11514 Dobe Way, Knoxville on Redfin.com
11807 Abners Ridge Dr, Knoxville
- Price: $965,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,384
- Price per square foot: $285
- See 11807 Abners Ridge Dr, Knoxville on Redfin.com
6107 Stormer Rd, Knoxville
- Price: $950,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,787
- Price per square foot: $250
- See 6107 Stormer Rd, Knoxville on Redfin.com
8407 S Northshore Dr, Knoxville
- Price: $950,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,075
- Price per square foot: $308
- See 8407 S Northshore Dr, Knoxville on Redfin.com
1060 Worlds Fair Park Dr #303, Knoxville
- Price: $950,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,670
- Price per square foot: $568
- See 1060 Worlds Fair Park Dr #303, Knoxville on Redfin.com
2212 Jones Bend Rd, Louisville
- Price: $949,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,010
- Price per square foot: $472
- See 2212 Jones Bend Rd, Louisville on Redfin.com
11601 Shirecliffe Ln, Knoxville
- Price: $940,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,661
- Price per square foot: $256
- See 11601 Shirecliffe Ln, Knoxville 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
