How much house $1 million buys you in Lynchburg
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 Lynchburg. Listings between $500,000 and $1,000,000 were included.
1984 Link Rd, Lynchburg
- Price: $959,000
- 4 bedrooms, 5 bathrooms
- Square feet: 4,846
- Price per square foot: $197
- See 1984 Link Rd, Lynchburg on Redfin.com
312 Two Creek Dr, Lynchburg
- Price: $899,900
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,502
- Price per square foot: $199
- See 312 Two Creek Dr, Lynchburg on Redfin.com
323 Hayfield Dr, Lynchburg
- Price: $824,900
- 6 bedrooms, 4.5 bathrooms
- Square feet: 10,235
- Price per square foot: $80
- See 323 Hayfield Dr, Lynchburg on Redfin.com
209 Waterton Dr, Lynchburg
- Price: $819,900
- 5 bedrooms, 4 bathrooms
- Square feet: 3,255
- Price per square foot: $251
- See 209 Waterton Dr, Lynchburg on Redfin.com
113 Oakwood Pl, Lynchburg
- Price: $799,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,092
- Price per square foot: $258
- See 113 Oakwood Pl, Lynchburg on Redfin.com
7505 Timberlake Rd, Lynchburg
- Price: $798,000
- 6 bedrooms, 6 bathrooms
- Square feet: 1,284
- Price per square foot: $621
- See 7505 Timberlake Rd, Lynchburg on Redfin.com
101 Oakmont Ct, Lynchburg
- Price: $750,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,600
- Price per square foot: $208
- See 101 Oakmont Ct, Lynchburg on Redfin.com
103 Waterton Dr, Lynchburg
- Price: $729,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,405
- Price per square foot: $214
- See 103 Waterton Dr, Lynchburg on Redfin.com
4936 Mountain Laurel Dr, Lynchburg
- Price: $720,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,605
- Price per square foot: $156
- See 4936 Mountain Laurel Dr, Lynchburg on Redfin.com
115 Trinity Ct, Lynchburg
- Price: $719,900
- 5 bedrooms, 4 bathrooms
- Square feet: 3,777
- Price per square foot: $190
- See 115 Trinity Ct, Lynchburg on Redfin.com
1415 Harrison St, Lynchburg
- Price: $710,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,198
- Price per square foot: $169
- See 1415 Harrison St, Lynchburg on Redfin.com
910 Elmwood Ave, Lynchburg
- Price: $679,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,427
- Price per square foot: $280
- See 910 Elmwood Ave, Lynchburg on Redfin.com
1215 Jefferson St Unit 3W, Lynchburg
- Price: $650,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,892
- Price per square foot: $343
- See 1215 Jefferson St Unit 3W, Lynchburg on Redfin.com
917 Elmwood Ave, Lynchburg
- Price: $649,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,052
- Price per square foot: $212
- See 917 Elmwood Ave, Lynchburg on Redfin.com
119 Creekview Ct, Lynchburg
- Price: $649,900
- 5 bedrooms, 3 bathrooms
- Square feet: 2,847
- Price per square foot: $228
- See 119 Creekview Ct, Lynchburg on Redfin.com
706 Elmwood Avenue Ave, Lynchburg
- Price: $629,999
- 4 bedrooms, 3 bathrooms
- Square feet: 3,102
- Price per square foot: $203
- See 706 Elmwood Avenue Ave, Lynchburg on Redfin.com
2130 Burnt Bridge Rd. Rd, Lynchburg
- Price: $619,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,029
- Price per square foot: $204
- See 2130 Burnt Bridge Rd. Rd, Lynchburg on Redfin.com
352 Wild Turkey Road Rd, Lynchburg
- Price: $569,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,773
- Price per square foot: $151
- See 352 Wild Turkey Road Rd, Lynchburg on Redfin.com
301 Bentley Grove Way, Lynchburg
- Price: $569,900
- 5 bedrooms, 3 bathrooms
- Square feet: 2,492
- Price per square foot: $228
- See 301 Bentley Grove Way, Lynchburg on Redfin.com
96 Clopton Ct, Lynchburg
- Price: $569,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,870
- Price per square foot: $304
- See 96 Clopton Ct, Lynchburg on Redfin.com
302 Molly Stark Trl, Lynchburg
- Price: $550,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,140
- Price per square foot: $175
- See 302 Molly Stark Trl, Lynchburg on Redfin.com
117 Craftsman Way, Lynchburg
- Price: $549,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,900
- Price per square foot: $289
- See 117 Craftsman Way, Lynchburg on Redfin.com
3845 Peakland Pl, Lynchburg
- Price: $549,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,492
- Price per square foot: $157
- See 3845 Peakland Pl, Lynchburg on Redfin.com
614 Bonair Cir, Lynchburg
- Price: $543,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,566
- Price per square foot: $211
- See 614 Bonair Cir, Lynchburg on Redfin.com
271 Riverside Dr, Lynchburg
- Price: $539,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,860
- Price per square foot: $188
- See 271 Riverside Dr, Lynchburg on Redfin.com
137 Marguerite Dr, Lynchburg
- Price: $534,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,427
- Price per square foot: $156
- See 137 Marguerite Dr, Lynchburg on Redfin.com
1517 Linden Ave, Lynchburg
- Price: $530,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,574
- Price per square foot: $205
- See 1517 Linden Ave, Lynchburg on Redfin.com
104 Overlink Ct, Lynchburg
- Price: $529,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,107
- Price per square foot: $170
- See 104 Overlink Ct, Lynchburg on Redfin.com
1313 Enterprise Dr, Lynchburg
- Price: $525,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,856
- Price per square foot: $183
- See 1313 Enterprise Dr, Lynchburg 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
