Seven-Figure Price Tag Evolves From Luxury Status To Standard Market Entry

By Julie Gerstein · Realtor.com · 2026-08-03

A new report from Realtor.com reveals that 8% of all owner-occupied residences in the United States are now valued at $1 million or more. This shift reflects a dramatic change from two decades ago when only 2% of homes reached this pricing threshold, effectively redefining what c

A new report from Realtor.com reveals that 8% of all owner-occupied residences in the United States are now valued at $1 million or more. This shift reflects a dramatic change from two decades ago when only 2% of homes reached this pricing threshold, effectively redefining what c