In 13 US Housing Markets, $1 Million Is the Price of Entry

Nantucket, Vineyard Haven, and Jackson lead a group of small U.S. markets where million-dollar homes are the norm.

A motor boat moored in the harbor on Nantucket Island on Oct. 2, 2024. Allan Stein/The Epoch Times

In some corners of the United States, a seven-figure home price tag does not signal exceptional wealth so much as simply the mere cost of entry.

A Realtor.com report published on Wednesday identified 13 U.S. housing markets that fit this profile. In each of them, at least half of active home listings were priced at $1 million or more, while the total number of such listings remained below 500.