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10 Cities Where ‘Entry-Level’ Luxury Homes Cost the Most in 2025

October 31, 2025

3 min Read

Written by Gabrielle Olya

Edited by Chris Cluff

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A million-dollar home no longer means “luxury.” In many U.S. cities, the average starting price for a luxury home — defined as one in the top 10% of the market — is just under $1.3 million, according to a new Realtor.com report.

In high-end markets, however, you’ll need much more than $1.3 million to afford an “entry-level” luxury home. To find the top 10 metros by 90th percentile listing price, Realtor.com analyzed both metropolitan and micropolitan areas that had at least 500 listings for million-dollar homes in July 2025.

From coastal cities to mountainous getaways, here are the 10 places where entry-level luxury homes cost the most.

1. Rifle, Colorado

Starting price for 10% most expensive listings: $16,475,000
Number of million-dollar listings: 515
Entry-level luxury vs. median home listing price: 9.7x

2. Heber, Utah

Starting price for 10% most expensive listings: $6,800,000
Number of million-dollar listings: 1,029
Entry-level luxury vs. median home listing price: 4x

3. Key West-Key Largo, Florida

Starting price for 10% most expensive listings: $4,500,000
Number of million-dollar listings: 713
Entry-level luxury vs. median home listing price: 2.7x

4. Los Angeles-Long Beach-Anaheim, California

Starting price for 10% most expensive listings: $3,995,000
Number of million-dollar listings: 10,840
Entry-level luxury vs. median home listing price: 2.4x

5. Bridgeport-Stamford-Danbury, Connecticut

Starting price for 10% most expensive listings: $3,950,000
Number of million-dollar listings: 587
Entry-level luxury vs. median home listing price: 2.3x

6. Kahului-Wailuku, Hawaii

Starting price for 10% most expensive listings: $3,900,000
Number of million-dollar listings: 724
Entry-level luxury vs. median home listing price: 2.3x

7. Santa Rosa-Petaluma, California

Starting price for 10% most expensive listings: $3,499,000
Number of million-dollar listings: 587
Entry-level luxury vs. median home listing price: 2.1x

8. San Jose-Sunnyvale-Santa Clara, California

Starting price for 10% most expensive listings: $3,495,000
Number of million-dollar listings: 1,179
Entry-level luxury vs. median home listing price: 2.1x

9. Barnstable Town, Massachusetts

Starting price for 10% most expensive listings: $3,495,000
Number of million-dollar listings: 561
Entry-level luxury vs. median home listing price: 2.1x

10. Naples-Marco Island, Florida

Starting price for 10% most expensive listings: $3,408,844
Number of million-dollar listings: 1,880
Entry-level luxury vs. median home listing price: 2x

Editor’s note: Data was sourced from Realtor.com and is accurate as of July 2025.

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