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9 percent of houses fall into that cost variety, and in San Antonio (ranked 34th), 1. 2 percent break the million-dollar mark. So is Houston economical? It depends on who you ask. However if you're trying to find high-end houses, there's no debate about it. Houston has thousands32,167 to be precise.
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As a testament to the skyrocketing home prices across Texas, four major metro areas around the state have made a 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 third in Texas behind Austin (No.
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16). San Antonio is available in at No. 34. An analysis of U.S. Census Bureau data by providing market Loaning, Tree found the share of owner-occupied homes in the Dallas-Fort Worth area valued at $1 million or more stands at 1. 94 percent. temecula california real estate amounts to 29,509 houses at or above the $1 million mark in DFW, soaring high above the location's mean home price of $215,700, Loaning, Tree reports.
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52 percent. The mean home rate there is $281,500, according to Lending, Tree. (It's worth absolutely nothing that the information from this research study originates from the U.S. Census Bureau's 2019 American Neighborhood Study with five-year price quotes, the latest study offered at the time of this research study's writing, the authors say.) "For many Americans, the idea of paying $1 million or more for a home might seem excessive, specifically considering that the nationwide median worth of an owner-occupied home is less than a quarter of that amount," the report states.
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And as the housing market continues to heat up, much more million-dollar homes are being listed for sale." Here's how Texas' other significant city areas fared in the Loaning, Tree analysis: Houston ranked 16th, with 2. 26 percent of owner-occupied houses valued at $1 million or more (32,167 houses total).
19 percent of owner-occupied houses valued at $1 million or more (6,037 homes total). San Jose, California, topped the Lending, Tree list, with 47. 29 percent of owner-occupied houses 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 homes, at 0.