If you had to move and had $1 million to spend, where would you go? In some parts of the U.S., $1 million buys a mansion. In others, it gets you a condo or a surprisingly small apartment.
To explore how far $1 million goes around the country, we focused on the largest city in each state (cities with populations of at least 200,000) and reviewed available listings to pick a property that best represents each local market. The homes below show a revealing snapshot of housing value and lifestyle across the United States. Where would you live?
Alaska
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Location: Anchorage
Square footage: 3,200
Bedrooms: 4
Bathrooms: 4.5
Type: Townhouse
Listing price: $990,000
Price per sq ft: $309
Alaska’s housing market is generally affordable. With a median non-luxury home well under $300,000, $1 million in Anchorage will buy a high-end townhouse with upscale appliances, a built-in media center, a wet bar and proximity to parks and downtown.
Alabama
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Location: Birmingham
Square footage: 3,271
Bedrooms: 3
Bathrooms: 3
Acreage: 0.43
Listing price: $965,000
Price per sq ft: $295
Birmingham’s median home price is considerably lower than this listing, but neighborhoods vary widely. A well-preserved 1925 home in historic Redmont Park offers hardwood floors, copper details and a refined kitchen — the kind of property that elevates the local luxury market.
Arizona
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Location: Phoenix
Square footage: 4,226
Bedrooms: 6
Bathrooms: 4.5
Acreage: 0.38
Listing price: $999,900
Price per sq ft: $237
Phoenix’s typical home values are in the low to mid hundreds of thousands, but higher-end neighborhoods include large houses with vaulted ceilings, marble counters and luxurious master suites. Here, $1 million buys ample space and upscale finishes.
Arkansas
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Location: Little Rock
Square footage: 6,490
Bedrooms: 5
Bathrooms: 4.5
Acreage: 1.4
Listing price: $999,900
Price per sq ft: $154
With state median values well below $200,000, Arkansas offers the chance for sizable homes. This custom-built limestone home includes dramatic staircases, intricate moldings and a large pool — classic features of an upscale Little Rock property.
California
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Location: Los Angeles
Square footage: 1,596
Bedrooms: 3
Bathrooms: 2
Acreage: 0.15
Listing price: $1,000,000
Price per sq ft: $627
In Los Angeles, prices range from modest to astronomical. For $1 million you’ll typically get a smaller, well-located home — such as a 1,600 sq ft craftsman in Eagle Rock — rather than the sprawling estates found in the city’s most exclusive neighborhoods.
Colorado
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Location: Denver
Square footage: 5,370
Bedrooms: 5
Bathrooms: 4
Acreage: 0.13
Listing price: $1.05 million
Price per sq ft: $279
Denver’s market sits above statewide averages but still delivers character: historic foursquare homes near parks with stained glass, pocket doors and multiple decks can command seven-figure prices while preserving period details.
Connecticut
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Location: New Haven
Square footage: 3,085
Bedrooms: 6
Bathrooms: 3.5
Acreage: 0.16
Listing price: $899,000
Price per sq ft: $291
New Haven offers a range of large single-family and multi-family homes. For under $1 million you can find spacious, historic colonials with oak floors, updated kitchens and generous living spaces in desirable neighborhoods like East Rock.
Delaware
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Location: Wilmington
Square footage: 4,285
Bedrooms: 4
Bathrooms: 3.5
Acreage: 0.46
Listing price: $1,000,000
Price per sq ft: $235
Wilmington’s housing stock includes elegant brick Georgian colonials and historic estates. A $1 million home here typically features gourmet kitchens and marble or other high-end finishes while remaining close to city amenities and gardens.
Florida
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Location: Jacksonville
Square footage: 4,804
Bedrooms: 6
Bathrooms: 5
Listing price: $999,900
Price per sq ft: $208
Jacksonville offers a broad spectrum from affordable to waterfront luxury. A million-dollar colonial near the St. Johns River gives ample indoor space and a convenient location to enjoy river views and coastal living.
Georgia
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Location: Atlanta
Square footage: 5,000
Bedrooms: 5
Bathrooms: 5
Acreage: 1.48
Listing price: $1,000,000
Price per sq ft: $210
Atlanta’s luxury market is centered in neighborhoods like Buckhead, where a million dollars will buy a large, well-appointed home with classic curb appeal, private grounds and upscale interiors.
Hawaii
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Location: Honolulu
Square footage: 1,116
Bedrooms: 4
Bathrooms: 1.5
Acreage: 0.03
Listing price: $1,000,000
Price per sq ft: $896
Hawaii is one of the most expensive states for housing. In Honolulu, a million dollars often buys location more than square footage — smaller homes or condos in prime neighborhoods command very high per-square-foot prices.
Idaho
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Location: Boise
Square footage: 2,125
Bedrooms: 2
Bathrooms: 2.5
Type: Condo
Listing price: $1.04 million
Price per sq ft: $489
Boise’s booming market includes high-end condos with downtown and mountain views. A modern, well-located unit can reach seven figures even with relatively modest bedroom counts and square footage.
Illinois
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Location: Chicago
Square footage: 2,300
Bedrooms: 4
Bathrooms: 3.5
Type: Condo
Listing price: $1,000,000
Price per sq ft: $435
Chicago’s luxury market includes everything from high-rise penthouses to large condos in revitalized neighborhoods. For $1 million you can find spacious, well-finished units in prime areas like the West Loop.
Indiana
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Location: Indianapolis
Square footage: 5,968
Bedrooms: 4
Bathrooms: 5.5
Acreage: 0.83
Listing price: $999,600
Price per sq ft: $167
Because statewide values are modest, $1 million buys very large homes in Indianapolis, including grand colonials with sweeping staircases, dramatic fireplaces and substantial landscaped lots.
Iowa
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Location: Des Moines
Square footage: 5,044
Bedrooms: 4
Bathrooms: 3.5
Acreage: 1.62
Listing price: $998,000
Price per sq ft: $208
In Des Moines, a million dollars buys historic Victorians and large family homes with amenities like swimming pools and generous grounds — more space and character than in many pricier coastal markets.
Kansas
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Location: Wichita
Square footage: 5,582
Bedrooms: 6
Bathrooms: 5
Acreage: 0.76
Listing price: $995,000
Price per sq ft: $178
Land and housing are affordable across Kansas. In Wichita, a million-dollar home often provides lakefront access or large indoor/outdoor living areas and high-end kitchens that suit a luxury lifestyle.
Kentucky
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Location: Louisville
Square footage: 9,187
Bedrooms: 9
Bathrooms: 9.5
Acreage: 0.27
Listing price: $995,000
Price per sq ft: $108
In Kentucky, $1 million can acquire extensive historic properties. This 1888 mansion in Louisville functions as an inn and event venue, featuring grand public rooms, a large library and multiple bedrooms.
Louisiana
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Location: New Orleans
Square footage: 3,161
Bedrooms: 4
Bathrooms: 4.5
Acreage: 0.1
Listing price: $960,000
Price per sq ft: $304
New Orleans’ market favors historic architecture. Renovated shotgun houses and other traditional designs can fetch high prices when restored with modern kitchens and thoughtful reuse of original features.
Maine
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Location: Portland
Square footage: 6,534
Bedrooms: 4
Bathrooms: 2.5
Acreage: 0.15
Listing price: $995,000
Price per sq ft: $345
Portland’s coastal setting and historic neighborhoods mean that $1 million can secure a notable Queen Anne or similarly significant home, often on private drives with architectural distinction and period details.
Maryland
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Location: Baltimore
Square footage: 5,214
Bedrooms: 6
Bathrooms: 3.5
Acreage: 0.46
Listing price: $959,000
Price per sq ft: $178
Baltimore’s market can be more affordable than other major East Coast cities. For under $1 million you can find stately Georgian colonials with formal rooms, mature landscaping and sizable interiors.
Massachusetts
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Location: Boston
Square footage: 1,915
Bedrooms: 3
Bathrooms: 2.5
Type: Condo
Listing price: $999,000
Price per sq ft: $522
Boston’s high-priced market means $1 million commonly buys condos in historic neighborhoods. A nearly 2,000 sq ft unit in Charlestown or similar areas delivers proximity to the city, historic charm and modern amenities.
Michigan
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Location: Detroit
Square footage: 6,450
Bedrooms: 7
Bathrooms: 3.5
Acreage: 0.62
Listing price: $990,000
Price per sq ft: $153
Michigan’s overall affordability means $1 million goes a long way. In Detroit you can find expansive historic homes with features like wine cellars, sunrooms and meticulously landscaped grounds for well under prices seen in other major metros.
Minnesota
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Location: Minneapolis
Square footage: 3,320
Bedrooms: 4
Bathrooms: 4
Acreage: 0.11
Listing price: $999,999
Price per sq ft: $301
Minneapolis offers quality homes in established neighborhoods. A newly built craftsmen with high-end finishes in areas near lakes and parks is representative of a seven-figure home in the Twin Cities.
Mississippi
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Location: Jackson
Square footage: 8,201
Bedrooms: 6
Bathrooms: 4.5
Acreage: 1.5
Listing price: $895,000
Price per sq ft: $109
Mississippi’s affordability means large historic mansions and estates are available at prices well below a million. A Georgian mansion with a carriage house and library shows how much space and history your money can buy.
Missouri
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Location: Kansas City
Square footage: 2,836
Bedrooms: 2
Bathrooms: 2.5
Type: Condo
Listing price: $995,000
Price per sq ft: $351
Downtown Kansas City condos with sweeping views and large balconies can reach near $1 million. These units often feature exposed brick, modern finishes and expansive windows for dramatic city panoramas.
Montana
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Location: Billings
Square footage: 5,713
Bedrooms: 7
Bathrooms: 4.5
Acreage: 1.73
Listing price: $959,000
Price per sq ft: $168
Montana buyers often seek large lots and outdoor access. A modern two-story home on nearly two acres with abundant indoor space and rustic finishes captures the “city-adjacent” lifestyle in Billings.
Nebraska
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Location: Omaha
Square footage: 2,761
Bedrooms: 2
Bathrooms: 2
Type: Condo
Listing price: $975,000
Price per sq ft: $353
Omaha’s arts district offers converted warehouse condos with exposed brick, high ceilings and modern finishes. A nearly 2,800 sq ft loft-style condo provides urban living and premium design at the high end of the local market.
Nevada
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Location: Las Vegas
Square footage: 4,502
Bedrooms: 5
Bathrooms: 4.5
Acreage: 1.08
Listing price: $999,999
Price per sq ft: $222
Las Vegas mixes affordable neighborhoods with an active luxury market. For $1 million you can find large homes with high ceilings, outdoor living areas and even space zoned for horses in some suburban locations.
New Hampshire
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Location: Nashua
Square footage: 4,828
Bedrooms: 4
Bathrooms: 3.5
Acreage: 1.01
Listing price: $1.15 million
Price per sq ft: $238
New Hampshire’s higher-priced homes often sit near country clubs or scenic settings. This property features classic New England details like two-story foyers and double-sided fireplaces, reflecting the region’s traditional luxury.
New Jersey
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Location: Jersey City
Square footage: 1,105
Bedrooms: 2
Bathrooms: 2
Type: Condo
Listing price: $979,000
Price per sq ft: $886
Jersey City’s proximity to Manhattan pushes prices up. For nearly $1 million you’ll usually get a riverfront or centrally located condo with limited square footage but excellent transit access and skyline views.
New Mexico
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Location: Albuquerque
Square footage: 9,449
Bedrooms: 4
Bathrooms: 4.5
Acreage: 0.59
Listing price: $1,000,000
Price per sq ft: $106
In Albuquerque, a million-dollar property can be a mansion with unique features like indoor pools, stained glass, media rooms and large entertaining spaces — a distinctly lavish take on Southwestern living.
New York
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Location: New York City
Square footage: 671
Bedrooms: 1
Bathrooms: 1
Type: Apartment
Listing price: $1.25 million
Price per sq ft: $1,863
New York City commands the highest per-square-foot prices in the country. Near Central Park or in Manhattan neighborhoods, a million dollars (or slightly more) will often buy a small, prime one-bedroom rather than a large house.
North Carolina
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Location: Charlotte
Square footage: 3,409
Bedrooms: 4
Bathrooms: 3.5
Acreage: 0.22
Listing price: $995,000
Price per sq ft: $292
Charlotte’s market supports sizable craftsman homes and renovated classics. A well-appointed 1948 craftsman with natural beams, an open plan and a strong kitchen is typical of seven-figure homes in desirable neighborhoods.
North Dakota
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Location: Fargo
Square footage: 4,700
Bedrooms: 5
Bathrooms: 3
Acreage: 0.33
Listing price: $849,500
Price per sq ft: $181
Homes near Fargo typically sell for far less than seven figures, but new builds and high-end finishes can push prices upward. Spacious modern houses on the outskirts offer value compared with larger coastal markets.
Ohio
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Location: Columbus
Square footage: 3,795
Bedrooms: 4
Bathrooms: 3.5
Acreage: 0.57
Listing price: $1,000,000
Price per sq ft: $264
In Columbus, $1 million buys large, well-located homes in neighborhoods close to country clubs and city amenities — often updated craftsman or bungalow-style properties with extensive living space.
Oklahoma
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Location: Oklahoma City
Square footage: 9,904
Bedrooms: 6
Bathrooms: 6.5
Acreage: 5.37
Listing price: $999,999
Price per sq ft: $101
Oklahoma’s low land costs mean a million dollars can buy large estates with barns, small lakes and extensive outdoor amenities. This nearly 10,000 sq ft mansion shows how much property you can get in the Sunflower State.
Oregon
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Location: Portland
Square footage: 4,181
Bedrooms: 4
Bathrooms: 2
Acreage: 0.11
Listing price: $995,000
Price per sq ft: $238
Portland buyers paying seven figures typically secure historic bungalows or renovated homes with custom millwork, marble fireplaces and strong neighborhood character near food and retail corridors.
Pennsylvania
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Location: Philadelphia
Square footage: 1,854
Bedrooms: 2
Bathrooms: 2.5
Type: Condo
Listing price: $995,000
Price per sq ft: $537
Philadelphia’s luxury inventory includes modern condos in historic neighborhoods like Rittenhouse Square. For a million dollars you can get high-end finishes, concierge services and central city living.
Rhode Island
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Location: Providence
Square footage: 6,694
Bedrooms: 8
Bathrooms: 4
Acreage: 0.27
Listing price: $999,000
Price per sq ft: $149
Rhode Island’s historic homes, especially in Providence, provide impressive interiors, wide-plank floors and extensive libraries. A million dollars can buy significant architectural heritage in this compact coastal state.
South Carolina
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Location: Charleston
Square footage: 2,365
Bedrooms: 3
Bathrooms: 3
Acreage: 0.34
Listing price: $989,000
Price per sq ft: $418
Charleston’s waterfront and historic neighborhoods mean that a million dollars often buys homes with marsh or river views, classic porches and decks designed for enjoying coastal scenery and breezes.
South Dakota
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Location: Sioux Falls
Square footage: 4,512
Bedrooms: 5
Bathrooms: 3.5
Acreage: 0.95
Listing price: $1,010,000
Price per sq ft: $225
Sioux Falls’ higher-end homes often feature generous floor plans, stone fireplaces and finished lower levels with game rooms and wet bars — comfortable, family-oriented luxury in a Midwestern setting.
Tennessee
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Location: Nashville
Square footage: 1,533
Bedrooms: 2
Bathrooms: 2.5
Type: Condo
Listing price: $989,900
Price per sq ft: $646
Nashville’s downtown condos can reach seven figures for stylish, two-level units with unique interior themes, poured concrete floors and panoramic city views. Location and design drive the premium here.
Texas
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Location: Dallas
Square footage: 2,894
Bedrooms: 3
Bathrooms: 2.5
Acreage: 0.16
Listing price: $1,000,000
Price per sq ft: $346
Texas’s vastness supports diverse markets. In Dallas, $1 million buys desirable neighborhoods like Oak Lawn where pools and outdoor living are standard and location near amenities matters most.
Utah
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Location: Salt Lake City
Square footage: 2,939
Bedrooms: 5
Bathrooms: 3
Acreage: 0.12
Listing price: $1,000,000
Price per sq ft: $340
Salt Lake City’s strong market supports renovated craftsman homes with quality materials — Italian marble counters, hickory floors and converted attic spaces are examples of upgrades buyers find in this price range.
Vermont
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Location: Burlington
Square footage: 2,411
Bedrooms: 3
Bathrooms: 2
Acreage: 0.95
Listing price: $895,000
Price per sq ft: $371
Burlington’s New England charm makes seven-figure homes desirable for those wanting proximity to country clubs and lake recreation. Classic colonials with cozy interiors and nearby outdoor amenities are typical choices.
Virginia
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Location: Virginia Beach
Square footage: 5,588
Bedrooms: 5
Bathrooms: 3.5
Listing price: $985,000
Price per sq ft: $176
Coastal Virginia Beach homes at this price typically include pools, patios, pool houses and outdoor grilling areas, paired with large open kitchens and generous indoor entertaining space.
Washington
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Location: Seattle
Square footage: 1,620
Bedrooms: 4
Bathrooms: 2
Acreage: 0.1
Listing price: $999,900
Price per sq ft: $617
In Seattle, a million dollars buys a modestly sized home in a desirable neighborhood. Craftsman homes on hills with small views, updated interiors and proximity to parks are common at this price point.
West Virginia
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Location: Charleston
Square footage: 7,859
Bedrooms: 5
Bathrooms: 5.5
Acreage: 1.4
Listing price: $849,000
Price per sq ft: $108
West Virginia’s low home values mean you can find very large Georgian colonials and estates for well under a million. These properties include expansive interior rooms and significant square footage for the price.
Wisconsin
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Location: Milwaukee
Square footage: 3,120
Bedrooms: 3
Bathrooms: 2.5
Type: Condo
Listing price: $974,900
Price per sq ft: $312
Downtown Milwaukee’s luxury condos provide large open plans, marble bathrooms and hardwood floors. A three-bedroom waterfront or downtown unit can approach $1 million while offering urban convenience.
Wyoming
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Location: Cheyenne
Square footage: 11,566
Bedrooms: 4
Bathrooms: 4.5
Acreage: 4.48
Listing price: $994,000
Price per sq ft: $86
Wyoming’s wide-open spaces make it possible to buy vast acreage and very large homes for far less per square foot than coastal regions. This mansion on 4.5 acres illustrates how much land and interior you can get for a relatively modest price.
Related: Best Cities to Buy a House in America