How much house $1 million buys you in Racine
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 Racine. Listings between $500,000 and $1,000,000 were included.
505 Point Ridge Dr, Racine
- Price: $895,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,616
- Price per square foot: $193
- See 505 Point Ridge Dr, Racine on Redfin.com
6606 Fieldstone Ct, Racine
- Price: $849,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,365
- Price per square foot: $194
- See 6606 Fieldstone Ct, Racine on Redfin.com
312 N Vincennes Cir, Racine
- Price: $839,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,966
- Price per square foot: $211
- See 312 N Vincennes Cir, Racine on Redfin.com
5951 Waters Edge Rd #5953, Racine
- Price: $790,975
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,685
- Price per square foot: $469
- See 5951 Waters Edge Rd #5953, Racine on Redfin.com
700 Waters Edge Rd #22, Racine
- Price: $739,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,060
- Price per square foot: $358
- See 700 Waters Edge Rd #22, Racine on Redfin.com
3929 Southwood Dr, Mount Pleasant
- Price: $675,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,212
- Price per square foot: $160
- See 3929 Southwood Dr, Mount Pleasant on Redfin.com
6034 Sean Ct, Racine
- Price: $639,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,400
- Price per square foot: $266
- See 6034 Sean Ct, Racine on Redfin.com
5931 Waters Edge Rd #5935, Racine
- Price: $624,721
- 2 bedrooms, 2 bathrooms
- Square feet: 1,444
- Price per square foot: $432
- See 5931 Waters Edge Rd #5935, Racine on Redfin.com
6515 Jessica Turn, Racine
- Price: $599,900
- 4 bedrooms, 3 bathrooms
- Square feet: 4,285
- Price per square foot: $140
- See 6515 Jessica Turn, Racine on Redfin.com
6026 Maxwell Ct, Racine
- Price: $589,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,211
- Price per square foot: $266
- See 6026 Maxwell Ct, Racine on Redfin.com
3605 Emmertsen Rd, Racine
- Price: $575,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,347
- Price per square foot: $171
- See 3605 Emmertsen Rd, Racine on Redfin.com
6026 Sean Ct, Racine
- Price: $569,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,045
- Price per square foot: $278
- See 6026 Sean Ct, Racine on Redfin.com
3139 Rudolph Dr, Racine
- Price: $565,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,472
- Price per square foot: $162
- See 3139 Rudolph Dr, Racine 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
