The number of cities with ‘million-dollar’ starter homes has nearly tripled since 2019
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The number of cities where a starter home is worth $1 million or more has grown from 84 five years ago to 237 today.
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Nearly half of these cities with “million-dollar” starter homes are in California.
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The typical starter home nationwide is worth less than $200,000.
SEATTLE, July 25, 2024 /PRNewswire/ — A million-dollar price tag no longer means lavish and luxurious living. In more than 200 U.S. cities, buyers will find a price tag of $1 million or more on the typical starter home, a new Zillow® analysis finds.
The typical “starter home” — defined for this analysis as being among those in the lowest third of home…
