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15 Cities Where $1 Million Homes Might Be the Norm by 2035



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Homes, we’re sorry to report, will only continue to cost more in the near future. According to data found by real estate agency Zoocasa, median home prices in 15 U.S. cities will reach $1 million or more by 2035.Â
Zoocasa determined cities where median home prices will increase to $1 million by analyzing median single-family home prices and their average increases between 2014 and 2024 in 22 metros. From there, Zoocasa used the growth rate to predict when these prices would reach $1 million. Nine of the cities mentioned in this roundup are projected to reach the $1 million mark by 2031, putting them ahead of schedule by four years.
Do you still plan to buy a home in one of these cities?
Also see six Florida cities where million-dollar homes are becoming more common.
Manchester, New Hampshire
- 2024 median price: $568,700
- 2031 projected median price: $1,013,192
- Also includes: Nashua
Newark, New Jersey
- 2024 median price: $713,000
- 2031 projected median price: $1,037,186
Portland, Oregon
- 2024 median price: $608,500
- 2031 projected median price: $1,049,641
- Also includes: Vancouver, Washington; Hillsboro, Oregon
Portland, Maine
- 2024 median price: $566,400
- 2031 projected median price: $1,009,094
New York City
- 2024 median price: $698,800
- 2031 projected median price: $1,043,818
- Also includes: Jersey City, New Jersey; White Plains, New York
Sacramento, California
- 2024 median price: $555,000
- 2031 projected median price: $1,027,666
- Also includes: Roseville and Arden Arcade
Salt Lake City
- 2024 median price: $583,200
- 2031 projected median price: $1,066,110
North Port, Florida
- 2024 median price: $525,000
- 2031 projected median price: $1,003,703
- Also includes: Sarasota and Bradenton
Boise, Idaho
- 2024 median price: $510,700
- 2031 projected median price: $1,060,294
- Also includes: Nampa
Las Vegas
- 2024 median price: $478,800
- 2032 projected median price: $1,033,838
- Also includes: Henderson and Paradise
Austin, Texas
- 2024 median price: $496,500
- 2033 projected median price: $1,009,173
- Also includes: Round Rock
Phoenix
- 2024 median price: $480,400
- 2033 projected median price: $1,087,252
- Also includes: Mesa and Scottsdale
Eugene, Oregon
- 2024 median price: $469,100
- 2033 projected median price: $1,044,352
Raleigh, North Carolina
- 2024 median price: $484,900
- 2033 projected median price: $1,027,347
Salem, Oregon
- 2024 median price: $456,100
- 2033 projected median price: $1,093,186
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