237 US cities now have "million-dollar" starter homes, up from 84 five years ago, with nearly half in California.

237 US cities now have 'million-dollar' starter homes, up from 84 five years ago. Nearly half are in California. The national median starter home value is $196,611, but a housing shortage worsened by the pandemic has driven up home prices. The majority of cities with million-dollar starter homes are in California, followed by New York, New Jersey, Florida, and Massachusetts.

July 25, 2024
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