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The U.S. has more ‘million-dollar’ cities than ever, record 550 cities

California had the most cities with homes valued over $1 million, totaling 210. New York had 66, while New Jersey — which experienced the largest year-over-year increase — had 49.

Zillow noted that limited housing inventory keeps pushing home values up, and according to the National Association of Realtors, prices are expected to remain elevated this spring.

NegativeLookBehind ,
@NegativeLookBehind@lemmy.world avatar

I love that the house in the thumbnail is a mansion with a huge pool, but a million dollar house in a lot of these cities is probably a normal ass middle class 3-4 bedroom that needs some work

wesker ,
@wesker@lemmy.sdf.org avatar

A truly boring dystopia.

andrew , (edited )
@andrew@lemmy.stuart.fun avatar

Hey, what’s important is that a few of us can afford several thousand of these homes!

SuckMyWang ,

Society fails when this doesn’t happen somehow

Donjuanme ,

Any home or average home value? Either I think there are so many more regarding the prior, or I’m amazed there are so many if the latter

mihnt ,

“where the median home value was north of seven figures”

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