Markets
Ranking U.S. Cities by Their % Of Million-Dollar Homes
![Ranking U.S. Cities by Their % Of Million-Dollar Homes](/_next/image?url=https%3A%2F%2Fcdn.voronoiapp.com%2Fpublic%2Fimages%2Fvoronoi-Ranking-US-Cities-by-Their--Of-Million-Dollar-Homes-20240510130614.webp&w=3840&q=75)
What we're showing
This graphic shows the top 15 U.S. cities by their proportion of million-dollar homes. All figures are as of June 2023.
Key takeaway
As expected, major Californian cities like San Francisco and San Jose have the highest share of million-dollar homes.
Context
California consistently has some of the highest median home prices in the U.S., which also translates to higher rents. Recent estimates put California's homeless population at over 160,000—the highest in the country.
Dataset
Rank | U.S. metro area | Percentage of homes worth over $1M (%) |
---|---|---|
1 | San Francisco, CA | 81 |
2 | San Jose, CA | 80 |
3 | Anaheim, CA | 55 |
4 | Oakland, CA | 49 |
5 | San Diego, CA | 40 |
6 | Los Angeles, CA | 38 |
7 | Honolulu, HI | 38 |
8 | Oxnard, CA | 35 |
9 | Salt Lake City, UT | 33 |
10 | Seattle, WA | 33 |
11 | New York, NY | 29 |
12 | Bridgeport, CT | 26 |
13 | Boston, MA | 22 |
14 | Nassau County, NY | 16 |
15 | Miami, FL | 14 |
Data sources
Based on June 2023 home values using Redfin Estimate, MLS data, and public records. The Redfin Estimate covers more than 90 million homes and is available in most but not all parts of the U.S.
3
0
142