Sep 9, 2024

From Visual Capitalist

 Where are U.S. Home Prices $1 Million or More? 🏡

What We’re Showing

This graphic shows the number of cities in each U.S. state where a typical home costs $1 million or more, based on data from Zillow. Figures are as of July 31, 2024. 

Key Takeaways

  • Today, the U.S. has 621 cities where a typical home is worth $1 million or more—jumping from 491 in 2023
  • California has more million-dollar cities than the next four states combined, with Atherton standing as the most expensive city, where a typical home costs $7.5 million
  • Following next in line is New York, with 76 million-dollar cities, up from 54 in 2023
  • Overall, there are 14 states without any million-dollar cities, mainly concentrated in the Midwest and South

What We’re Showing

This graphic shows the number of cities in each U.S. state where a typical home costs $1 million or more, based on data from Zillow. Figures are as of July 31, 2024. 

Key Takeaways

Source:  https://www.visualcapitalist.com/u-s-states-with-the-most-million-dollar-homes/

  • Today, the U.S. has 621 cities where a typical home is worth $1 million or more—jumping from 491 in 2023
  • California has more million-dollar cities than the next four states combined, with Atherton standing as the most expensive city, where a typical home costs $7.5 million
  • Following next in line is New York, with 76 million-dollar cities, up from 54 in 2023
  • Overall, there are 14 states without any million-dollar cities, mainly concentrated in the Midwest and South (Alabama is one of those states without any Million Dollar Homes. Georgia has one).

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