How much house $1 million buys you in Phoenix

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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 Phoenix. Listings between $500,000 and $1,000,000 were included.

5520 E Desert Forest Trl, Cave Creek
– Price: $1,000,000
– 3 bedrooms, 2.5 bathrooms
– Square feet: 2,476
– Price per square foot: $403
– See 5520 E Desert Forest Trl, Cave Creek on Redfin.com

5017 W Whispering Wind Dr, Glendale
– Price: $1,000,000
– 4 bedrooms, 2 bathrooms
– Square feet: 2,392
– Price per square foot: $418
– See 5017 W Whispering Wind Dr, Glendale on Redfin.com

1930 E Missouri Ave, Phoenix
– Price: $1,000,000
– 4 bedrooms, 3 bathrooms
– Square feet: 1,924
– Price per square foot: $519
– See 1930 E Missouri Ave, Phoenix on Redfin.com

2409 W Quail Track Dr, Phoenix
– Price: $999,999
– 5 bedrooms, 3.5 bathrooms
– Square feet: 4,623
– Price per square foot: $216
– See 2409 W Quail Track Dr, Phoenix on Redfin.com

411 W Colter St Unit A, Phoenix
– Price: $999,999
– 2 bedrooms, 1 bathroom
– Square feet: 3,072
– Price per square foot: $325
– See 411 W Colter St Unit A, Phoenix on Redfin.com

1529 W State Ave, Phoenix
– Price: $999,999
– 3 bedrooms, 2.5 bathrooms
– Square feet: 2,173
– Price per square foot: $460
– See 1529 W State Ave, Phoenix on Redfin.com

4036 N 40th Pl, Phoenix
– Price: $999,999
– 4 bedrooms, 2 bathrooms
– Square feet: 2,108
– Price per square foot: $474
– See 4036 N 40th Pl, Phoenix on Redfin.com

2055 W Windsor Ave, Phoenix
– Price: $999,999
– 3 bedrooms, 2.5 bathrooms
– Square feet: 1,912
– Price per square foot: $523
– See 2055 W Windsor Ave, Phoenix on Redfin.com

42023 N Bridlewood Way, Anthem
– Price: $999,900
– 5 bedrooms, 4.5 bathrooms
– Square feet: 4,319
– Price per square foot: $231
– See 42023 N Bridlewood Way, Anthem on Redfin.com

41601 N River Bend Rd, Anthem
– Price: $999,900
– 3 bedrooms, 2.5 bathrooms
– Square feet: 3,443
– Price per square foot: $290
– See 41601 N River Bend Rd, Anthem on Redfin.com

5542 E Anderson Dr, Scottsdale
– Price: $999,900
– 5 bedrooms, 3 bathrooms
– Square feet: 3,302
– Price per square foot: $302
– See 5542 E Anderson Dr, Scottsdale on Redfin.com

1336 E Belmont Ave, Phoenix
– Price: $999,900
– 3 bedrooms, 3 bathrooms
– Square feet: 2,452
– Price per square foot: $407
– See 1336 E Belmont Ave, Phoenix on Redfin.com

5728 E Sharon Dr, Scottsdale
– Price: $999,900
– 3 bedrooms, 2 bathrooms
– Square feet: 2,178
– Price per square foot: $459
– See 5728 E Sharon Dr, Scottsdale on Redfin.com

1948 W Rowel Rd, Phoenix
– Price: $999,838
– 5 bedrooms, 4 bathrooms
– Square feet: 3,594
– Price per square foot: $278
– See 1948 W Rowel Rd, Phoenix on Redfin.com

5701 N 105th Ln, Glendale
– Price: $999,729
– 3 bedrooms, 2 bathrooms
– Square feet: 2,106
– Price per square foot: $474
– See 5701 N 105th Ln, Glendale on Redfin.com

16226 S 35th Dr, Phoenix
– Price: $999,500
– 5 bedrooms, 4 bathrooms
– Square feet: 2,729
– Price per square foot: $366
– See 16226 S 35th Dr, Phoenix on Redfin.com

2211 E Camelback Rd #306, Phoenix
– Price: $999,450
– 2 bedrooms, 2 bathrooms
– Square feet: 2,074
– Price per square foot: $481
– See 2211 E Camelback Rd #306, Phoenix on Redfin.com

576 W Moon Valley Dr, Phoenix
– Price: $999,000
– 4 bedrooms, 2.5 bathrooms
– Square feet: 4,043
– Price per square foot: $247
– See 576 W Moon Valley Dr, Phoenix on Redfin.com

1211 E Desert Flower Ln, Phoenix
– Price: $999,000
– 5 bedrooms, 3.5 bathrooms
– Square feet: 3,849
– Price per square foot: $259
– See 1211 E Desert Flower Ln, Phoenix on Redfin.com

20405 N 42 Ave, Glendale
– Price: $999,000
– 4 bedrooms, 3 bathrooms
– Square feet: 3,659
– Price per square foot: $273
– See 20405 N 42 Ave, Glendale on Redfin.com

6025 E Palomino Ln, Scottsdale
– Price: $999,000
– 5 bedrooms, 2.5 bathrooms
– Square feet: 3,388
– Price per square foot: $294
– See 6025 E Palomino Ln, Scottsdale on Redfin.com

7036 E Sheena Dr, Scottsdale
– Price: $999,000
– 3 bedrooms, 2 bathrooms
– Square feet: 2,179
– Price per square foot: $458
– See 7036 E Sheena Dr, Scottsdale on Redfin.com

3800 E Lincoln Dr #7, Phoenix
– Price: $999,000
– 3 bedrooms, 3 bathrooms
– Square feet: 2,152
– Price per square foot: $464
– See 3800 E Lincoln Dr #7, Phoenix on Redfin.com

5704 E Estrid Ave, Scottsdale
– Price: $999,000
– 3 bedrooms, 2 bathrooms
– Square feet: 2,030
– Price per square foot: $492
– See 5704 E Estrid Ave, Scottsdale on Redfin.com

3201 E Colter St, Phoenix
– Price: $999,000
– 3 bedrooms, 2 bathrooms
– Square feet: 1,500
– Price per square foot: $666
– See 3201 E Colter St, Phoenix on Redfin.com

3964 E Hummingbird Ln, Phoenix
– Price: $998,000
– 4 bedrooms, 3.5 bathrooms
– Square feet: 3,795
– Price per square foot: $262
– See 3964 E Hummingbird Ln, Phoenix on Redfin.com

8049 N 16th Ave, Phoenix
– Price: $998,000
– 4 bedrooms, 4 bathrooms
– Square feet: 2,576
– Price per square foot: $387
– See 8049 N 16th Ave, Phoenix on Redfin.com

22204 N 55th St, Phoenix
– Price: $998,000
– 3 bedrooms, 2 bathrooms
– Square feet: 2,449
– Price per square foot: $407
– See 22204 N 55th St, Phoenix on Redfin.com

3750 E Earll Dr, Phoenix
– Price: $997,999
– 4 bedrooms, 3 bathrooms
– Square feet: 2,589
– Price per square foot: $385
– See 3750 E Earll Dr, Phoenix on Redfin.com

16423 N 41st Pl, Phoenix
– Price: $995,900
– 3 bedrooms, 2 bathrooms
– Square feet: 1,735
– Price per square foot: $574
– See 16423 N 41st Pl, Phoenix 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

This story was
produced by
Redfin Real Estate and reviewed and
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