How much house $1 million buys you in Mobile
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 Mobile. Listings between $500,000 and $1,000,000 were included.
140 S McGregor Ave Unit E, Mobile
- Price: $998,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 3,616
- Price per square foot: $275
- See 140 S McGregor Ave Unit E, Mobile on Redfin.com
140-E Mcgregor Ave S, Mobile
- Price: $998,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 3,616
- Price per square foot: $275
- See 140-E Mcgregor Ave S, Mobile on Redfin.com
12451 Airport Blvd, Mobile
- Price: $989,900
- 4 bedrooms, 4 bathrooms
- Square feet: 4,192
- Price per square foot: $236
- See 12451 Airport Blvd, Mobile on Redfin.com
2605 Charleston Oaks Dr W, Mobile
- Price: $975,000
- 6 bedrooms, 6 bathrooms
- Square feet: 6,841
- Price per square foot: $142
- See 2605 Charleston Oaks Dr W, Mobile on Redfin.com
51 N Jackson St Unit A, Mobile
- Price: $975,000
- 6 bedrooms, 4 bathrooms
- Square feet: 4,592
- Price per square foot: $212
- See 51 N Jackson St Unit A, Mobile on Redfin.com
5771 Rue Conti, Mobile
- Price: $965,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 3,543
- Price per square foot: $272
- See 5771 Rue Conti, Mobile on Redfin.com
3983 Wimbledon Park, Mobile
- Price: $899,500
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,007
- Price per square foot: $224
- See 3983 Wimbledon Park, Mobile on Redfin.com
161 State St, Mobile
- Price: $899,000
- 8 bedrooms, 9 bathrooms
- Square feet: 4,620
- Price per square foot: $194
- See 161 State St, Mobile on Redfin.com
255 Conception St N, Mobile
- Price: $895,000
- 5 bedrooms, 4 bathrooms
- Square feet: 4,310
- Price per square foot: $207
- See 255 Conception St N, Mobile on Redfin.com
5488 S Hilltop Dr, Mobile
- Price: $889,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,935
- Price per square foot: $302
- See 5488 S Hilltop Dr, Mobile on Redfin.com
2196 Turtle Creek Ln E, Mobile
- Price: $870,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,909
- Price per square foot: $222
- See 2196 Turtle Creek Ln E, Mobile on Redfin.com
2550 Springhill Ave, Mobile
- Price: $850,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,360
- Price per square foot: $252
- See 2550 Springhill Ave, Mobile on Redfin.com
212 W Lakewood Dr, Mobile
- Price: $849,879
- 5 bedrooms, 6 bathrooms
- Square feet: 5,058
- Price per square foot: $168
- See 212 W Lakewood Dr, Mobile on Redfin.com
3953 Wimbledon Park, Mobile
- Price: $819,500
- 4 bedrooms, 4 bathrooms
- Square feet: 3,798
- Price per square foot: $215
- See 3953 Wimbledon Park, Mobile on Redfin.com
3582 Magnolia Downs E, Mobile
- Price: $799,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 5,000
- Price per square foot: $159
- See 3582 Magnolia Downs E, Mobile on Redfin.com
3 Springhill Trce, Mobile
- Price: $789,900
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,517
- Price per square foot: $224
- See 3 Springhill Trce, Mobile on Redfin.com
5698 Spring Landing Dr, Theodore
- Price: $775,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,367
- Price per square foot: $230
- See 5698 Spring Landing Dr, Theodore on Redfin.com
4024 Perch Point Dr, Mobile
- Price: $775,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,629
- Price per square foot: $294
- See 4024 Perch Point Dr, Mobile on Redfin.com
6907 Providence Estates Ct, Mobile
- Price: $769,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 4,000
- Price per square foot: $192
- See 6907 Providence Estates Ct, Mobile on Redfin.com
704 Providence Estates Dr E, Mobile
- Price: $765,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,165
- Price per square foot: $183
- See 704 Providence Estates Dr E, Mobile on Redfin.com
208 State St, Mobile
- Price: $755,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,172
- Price per square foot: $238
- See 208 State St, Mobile on Redfin.com
7132 Charleston Pointe Ct, Mobile
- Price: $750,000
- 5 bedrooms, 4 bathrooms
- Square feet: 4,408
- Price per square foot: $170
- See 7132 Charleston Pointe Ct, Mobile on Redfin.com
1664 Government St, Mobile
- Price: $749,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 4,242
- Price per square foot: $176
- See 1664 Government St, Mobile on Redfin.com
3900 Leroy Stevens Rd, Mobile
- Price: $725,000
- 6 bedrooms, 4 bathrooms
- Square feet: 4,584
- Price per square foot: $158
- See 3900 Leroy Stevens Rd, Mobile on Redfin.com
6902 Providence Estates Dr S, Mobile
- Price: $720,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 4,616
- Price per square foot: $155
- See 6902 Providence Estates Dr S, Mobile on Redfin.com
1055 W Grand Heron Ct, Mobile
- Price: $719,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 4,548
- Price per square foot: $158
- See 1055 W Grand Heron Ct, Mobile on Redfin.com
916 Church St Lot 6, Mobile
- Price: $715,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,008
- Price per square foot: $356
- See 916 Church St Lot 6, Mobile on Redfin.com
4457 Suzanne Cir, Mobile
- Price: $699,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,908
- Price per square foot: $240
- See 4457 Suzanne Cir, Mobile on Redfin.com
172 S Georgia Ave, Mobile
- Price: $699,800
- 6 bedrooms, 4 bathrooms
- Square feet: 4,401
- Price per square foot: $159
- See 172 S Georgia Ave, Mobile on Redfin.com
3219 Wynnfield Dr E, Mobile
- Price: $699,500
- 5 bedrooms, 4 bathrooms
- Square feet: 4,014
- Price per square foot: $174
- See 3219 Wynnfield Dr E, Mobile 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 distributed by Stacker.
