How much house $1 million buys you in Salt Lake 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 Salt Lake City. Listings between $500,000 and $1,000,000 were included.

4535 S Bleecker Pl, Millcreek
- Price: $1,000,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,165
- Price per square foot: $315
- See 4535 S Bleecker Pl, Millcreek on Redfin.com

1639 E 900 South S, Salt Lake City
- Price: $999,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,396
- Price per square foot: $416
- See 1639 E 900 South S, Salt Lake City on Redfin.com

734 S 1300 E, Salt Lake City
- Price: $999,000
- 6 bedrooms, 3 bathrooms
- Square feet: 2,289
- Price per square foot: $436
- See 734 S 1300 E, Salt Lake City on Redfin.com

116 S University St E, Salt Lake City
- Price: $995,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,444
- Price per square foot: $288
- See 116 S University St E, Salt Lake City on Redfin.com

821 E Springview Dr S, Salt Lake City
- Price: $995,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,108
- Price per square foot: $320
- See 821 E Springview Dr S, Salt Lake City on Redfin.com

426 S 1000 E #600, Salt Lake City
- Price: $995,000
- 2 bedrooms, 2 bathrooms
- Square feet: 3,047
- Price per square foot: $326
- See 426 S 1000 E #600, Salt Lake City on Redfin.com

2276 E Hidden Acres Cir, Salt Lake City
- Price: $994,900
- 5 bedrooms, 3 bathrooms
- Square feet: 3,160
- Price per square foot: $314
- See 2276 E Hidden Acres Cir, Salt Lake City on Redfin.com

3640 E Aurora Cir, Salt Lake City
- Price: $990,000
- 5 bedrooms, 4 bathrooms
- Square feet: 4,620
- Price per square foot: $214
- See 3640 E Aurora Cir, Salt Lake City on Redfin.com

32 S Smokey Ln, Emigration Canyon
- Price: $990,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,538
- Price per square foot: $279
- See 32 S Smokey Ln, Emigration Canyon on Redfin.com

2400 E Logan Way S, Salt Lake City
- Price: $985,000
- 5 bedrooms, 2 bathrooms
- Square feet: 3,526
- Price per square foot: $279
- See 2400 E Logan Way S, Salt Lake City on Redfin.com

2963 S Grace St E, Salt Lake City
- Price: $979,900
- 3 bedrooms, 3 bathrooms
- Square feet: 3,552
- Price per square foot: $275
- See 2963 S Grace St E, Salt Lake City on Redfin.com

3555 E Hermes Dr S, Salt Lake City
- Price: $979,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,370
- Price per square foot: $413
- See 3555 E Hermes Dr S, Salt Lake City on Redfin.com

51 S 800 E, Salt Lake City
- Price: $979,000
- 5 bedrooms, 4 bathrooms
- Square feet: 2,743
- Price per square foot: $356
- See 51 S 800 E, Salt Lake City on Redfin.com

883 E Sydnee View Ln, Millcreek
- Price: $975,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,981
- Price per square foot: $244
- See 883 E Sydnee View Ln, Millcreek on Redfin.com

1662 E Browning Ave, Salt Lake City
- Price: $975,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,030
- Price per square foot: $480
- See 1662 E Browning Ave, Salt Lake City on Redfin.com

231 S Edison St #1, Salt Lake City
- Price: $975,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,728
- Price per square foot: $564
- See 231 S Edison St #1, Salt Lake City on Redfin.com

231 S Edison St St #2, Salt Lake City
- Price: $975,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,549
- Price per square foot: $629
- See 231 S Edison St St #2, Salt Lake City on Redfin.com

1127 S Denver St S, Salt Lake City
- Price: $965,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,137
- Price per square foot: $451
- See 1127 S Denver St S, Salt Lake City on Redfin.com

5 S 500 W #104, Salt Lake City
- Price: $959,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,560
- Price per square foot: $374
- See 5 S 500 W #104, Salt Lake City on Redfin.com

3516 S Hermes Dr, Salt Lake City
- Price: $950,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,235
- Price per square foot: $224
- See 3516 S Hermes Dr, Salt Lake City on Redfin.com

4131 S Fortuna Way E, Salt Lake City
- Price: $950,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,170
- Price per square foot: $299
- See 4131 S Fortuna Way E, Salt Lake City on Redfin.com

1196 S Liberty Wells Pl, Salt Lake City
- Price: $950,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,667
- Price per square foot: $356
- See 1196 S Liberty Wells Pl, Salt Lake City on Redfin.com

369 E 9th Ave, Salt Lake City
- Price: $950,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,378
- Price per square foot: $399
- See 369 E 9th Ave, Salt Lake City on Redfin.com

44 W Broadway S Unit 2005 S, Salt Lake City
- Price: $949,900
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,279
- Price per square foot: $416
- See 44 W Broadway S Unit 2005 S, Salt Lake City on Redfin.com

839 S Lake St E, Salt Lake City
- Price: $949,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,018
- Price per square foot: $470
- See 839 S Lake St E, Salt Lake City on Redfin.com

692 N Cortez St, Salt Lake City
- Price: $949,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,218
- Price per square foot: $427
- See 692 N Cortez St, Salt Lake City on Redfin.com

603 N Darwin St E #10, Salt Lake City
- Price: $949,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,107
- Price per square foot: $450
- See 603 N Darwin St E #10, Salt Lake City on Redfin.com

3655 E Oak Rim Way, Millcreek
- Price: $947,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,872
- Price per square foot: $329
- See 3655 E Oak Rim Way, Millcreek on Redfin.com

114 N Virginia St, Salt Lake City
- Price: $939,900
- 3 bedrooms, 1.5 bathrooms
- Square feet: 2,652
- Price per square foot: $354
- See 114 N Virginia St, Salt Lake City on Redfin.com

855 S 700 E, Salt Lake City
- Price: $935,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,642
- Price per square foot: $353
- See 855 S 700 E, Salt Lake 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