{"id":85535,"date":"2026-06-15T16:12:13","date_gmt":"2026-06-15T16:12:13","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/hundreds-of-u-s-cities-now-have-starter-homes-that-cost-1-million-zillow-finds\/"},"modified":"2026-06-15T16:12:13","modified_gmt":"2026-06-15T16:12:13","slug":"hundreds-of-u-s-cities-now-have-starter-homes-that-cost-1-million-zillow-finds","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/hundreds-of-u-s-cities-now-have-starter-homes-that-cost-1-million-zillow-finds\/","title":{"rendered":"Hundreds of U.S. cities now have starter homes that cost $1 million, Zillow finds"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>As U.S. housing costs <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/home-prices-income-needed-redfin-2026\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">continue to climb<\/a><\/span>, 242 cities across the country now have &#8220;starter homes&#8221; costing at least $1 million, according to Zillow.<\/p>\n<p>The number of metropolitan areas with basic homes worth at least seven figures has tripled since 2020, the real estate firm said in a new\u00a0<a href=\"https:\/\/www.zillow.com\/research\/million-dollar-starter-home-36452\/\" target=\"_blank\" rel=\"noopener\">analysis<\/a>. Zillow defines a starter home as one in the lowest third of home values in a given region.<\/p>\n<p>Home prices surged during the pandemic as a housing shortage collided with strong demand and historically low mortgage rates. \u00a0<\/p>\n<p>&#8220;The pandemic reset the cost of buying a home, spreading million-dollar starter homes from a handful of coastal states to more than two dozen states across the country,&#8221; Kara Ng, senior economist at Zillow, said in a statement.\u00a0<\/p>\n<p>To be sure, the typical starter home still costs far less than $1 million at just under $199,000, Zillow noted. Overall, the median home costs nearly $418,000,\u00a0<a href=\"https:\/\/www.nar.realtor\/newsroom\/nar-existing-home-sales-report-shows-0-2-increase-in-april\" target=\"_blank\" rel=\"noopener\">according<\/a>\u00a0to the National Association of Realtors.\u00a0<\/p>\n<p>Households need annual income of n<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/home-prices-income-needed-redfin-2026\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">early $117,000<\/a><\/span> to afford the average home, according to Redfin. A household with average earnings would need to spend 40% of its income on the median-priced home, the real estate firm found. Experts generally advise keeping monthly mortgage payments to no more than 30% of annual income after putting 15% down.<\/p>\n<p>Soaring real estate prices in cities across California account for most of the high-priced starter homes. The state has 105 cities where a basic property costs at least $1 million, according to Zillow. Pricey starter homes are also becoming more common in the Northeast, Ng said.<\/p>\n<p>&#8220;Million-dollar starter homes are popping up in more Northeast cities because the housing shortage there hasn&#8217;t been solved,&#8221; she said. &#8220;Sun Belt markets have responded with new supply and seen price growth moderate as a result. The Northeast hasn&#8217;t had that relief.&#8221;<\/p>\n<p>A total of 26 states have at least one city with million-dollar starter homes, up from nine before the pandemic, Zillow found:<\/p>\n<ul>\n<li>California: 105<\/li>\n<li>New York: 41<\/li>\n<li>New Jersey: 26<\/li>\n<li>Florida: 11<\/li>\n<li>Massachusetts: 10<\/li>\n<li>Washington: 8<\/li>\n<li>Texas: 7<\/li>\n<li>Connecticut: 4<\/li>\n<li>Hawaii: 4<\/li>\n<li>Maryland: 4<\/li>\n<li>Colorado: 3<\/li>\n<li>South Carolina: 3<\/li>\n<li>Illinois: 2<\/li>\n<li>Wyoming: 2<\/li>\n<li>Arizona: 1<\/li>\n<li>Georgia: 1<\/li>\n<li>Kansas: 1<\/li>\n<li>Michigan: 1<\/li>\n<li>Minnesota: 1<\/li>\n<li>Missouri: 1<\/li>\n<li>New Hampshire: 1<\/li>\n<li>Nevada: 1<\/li>\n<li>Pennsylvania: 1<\/li>\n<li>Rhode Island: 1<\/li>\n<li>Utah: 1<\/li>\n<li>Virginia: 1<\/li>\n<\/ul>\n<section class=\"content__body--footer\">\n<p class=\"content__meta--editors\">\n      Edited by<\/p>\n<p>                                  <a href=\"https:\/\/www.cbsnews.com\/team\/alain-sherter\/\" class=\"byline__author__link\" data-invalid-url-rewritten-http=\"\">Alain  Sherter<\/a>\n                      <\/p>\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  \">\n        <\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><\/p>\n<section class=\"content__tags\">\n<p class=\"content__tags__label\">In:<\/p>\n<\/section>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/zillow-1-million-dollar-starter-homes-242-us-cities\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As U.S. housing costs continue to climb, 242 cities across the country now have &#8220;starter homes&#8221; costing at least $1<\/p>\n","protected":false},"author":1,"featured_media":85536,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[1161],"class_list":["post-85535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hundreds of U.S. cities now have starter homes that cost $1 million, Zillow finds - World News<\/title>\n<meta name=\"description\" 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