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What a $1 million home looks like in 25 major American cities
What a $1 million home looks like in 25 major American cities
Tanza Loudenback,Matthew MichaelsJun 2, 2018, 19:44 IST
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Million-dollar listings have become commonplace in the US real estate market.
But when you compare the cost-per-square-foot for million-dollar listings across the country, you'll find very different results.
In Tampa, Florida, $1 million will fetch more than 5,000 square feet, while the same priced home in New York City buys less than 900 square feet.
Million-dollar listings once heralded true luxury for Americans who could afford it, but now more than 4% of all homes across the 100 largest US metros are worth at least $1 million.
Still, how much space seven figures will buy in different parts of the country ranges drastically. A million dollars could fetch buyers as little as 846 square feet in New York City and as much as 5,392 in Tampa, Florida.
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That's according to our friends at Trulia, who rounded listings in the $1 million range for the 25 largest metros in the US by population to find out how home sizes compare.
Below, check out what a million-dollar listing looks like around the US, ordered from lowest to highest cost per square foot.