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10 Simple Techniques For Top 2 U.S.metros with the highest percentage of homes9 percent of homes fall under that rate variety, and in San Antonio (ranked 34th), 1. 2 percent break the million-dollar mark. So is Houston inexpensive? It depends upon who you ask. However if you’re searching for high-end houses, there’s no argument about it. Houston has thousands32,167 to be precise.

As a testimony to the skyrocketing house costs across Texas, four major metro areas around the state have made a brand-new list of the top 50 U.S. cities with the best share of homes valued at $1 million or more. Dallas-Fort Worth ranks No. 20 across the country, and 3rd in Texas behind Austin (No.

16). San Antonio comes in at No. 34. An analysis of U.S. Census Bureau data by providing marketplace Financing, Tree found the share of owner-occupied houses in the Dallas-Fort Worth location valued at $1 million or more stands at 1. 94 percent. A Reliable Source includes up to 29,509 houses at or above the $1 million mark in DFW, skyrocketing high above the area’s median home rate of $215,700, Financing, Tree reports.More About The Philly region’s luxury housing market is chasing the52 percent. The median house cost there is $281,500, according to Lending, Tree. (It deserves absolutely nothing that the information from this study comes from the U.S. Census Bureau’s 2019 American Neighborhood Survey with five-year price quotes, the current study offered at the time of this research study’s writing, the authors state.) “For the majority of Americans, the concept of paying $1 million or more for a home might appear excessive, especially considering that the nationwide median value of an owner-occupied house is less than a quarter of that quantity,” the report states.

And as the housing market continues to warm up, much more million-dollar homes are being listed for sale.” Here’s how Texas’ other major metro locations fared in the Lending, Tree analysis: Houston ranked 16th, with 2. 26 percent of owner-occupied homes valued at $1 million or more (32,167 homes overall).19 percent of owner-occupied homes valued at $1 million or more (6,037 houses overall). San Jose, California, topped the Loaning, Tree list, with 47. 29 percent of owner-occupied homes valued at $1 million or more. On the other end of the spectrum, Buffalo, New York City had the most affordable share of million-dollar houses, at 0.