computer-science
A record 242 US cities now have starter homes that cost $1M
Key takeaways
- The count of cities with $1 million starter homes has nearly tripled since 2020, an enduring sign of how the pandemic housing boom reset affordability for first-time buyers
- SEATTLE, June 15, 2026 /PRNewswire/ -- The bar for entry-level homeownership has never been higher.
- A typical "starter home" is defined for this analysis as a home in the lowest third of home values in a given region.
The count of cities with $1 million starter homes has nearly tripled since 2020, an enduring sign of how the pandemic housing boom reset affordability for first-time buyers
SEATTLE, June 15, 2026 /PRNewswire/ -- The bar for entry-level homeownership has never been higher. While the typical starter home nationwide is worth $198,649, a record 242 cities now have starter homes valued at $1 million or more, according to a new Zillow® analysis.
A typical "starter home" is defined for this analysis as a home in the lowest third of home values in a given region. The count of cities with million-dollar starter homes has grown from 226 cities a year ago, even as affordability pressures have begun to ease in parts of the country.
Article preview — originally published by Hacker News. Full story at the source.
Read full story on Hacker News →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Hacker News alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop