Market Data + Trends

The Million Dollar Home in 15 U.S. Cities

Aug. 15, 2018
2 min read

From a 1920s four-bedroom bungalow in Los Angeles to an historical St. Louis estate offering 6,330 square feet, the $1 million American home comes in many shapes and sizes.

Of the 15 cities listed, St. Louis' million dollar estate has the most square footage, 6,330 with a price-per-square-foot of $157. Built in 1894, the home includes a pool, covered patio, French doors to outdoor gardens, four fireplaces, five bedrooms and five bathrooms, and a gated foyer. Meanwhile, in LA, the million dollar home affords a buyer 1,355 square feet with a price-per-square-foot of $683, according to Redfin. Built in the 1920s, the Garvanza Park bungalow has a newly-renovated interior and paved patio.

Who wants to be a millionaire? To buy a modest home in some cities, you might have to be! In San Francisco and San Jose, one million dollars is the expected going rate. But if you travel inland, a one million dollar home in the midwest and south is often much larger and elegant. We looked at homes in 15 Redfin markets to see what you can get for one million dollars. Of the homes we surveyed, a million dollar home in St. Louis is almost three times the size of a million dollar home in Seattle.

Read more

Sign-up for Pro Builder Newsletters
Get all of the latest news and updates.