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.
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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
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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
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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
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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.
This article originally appeared on GOBankingRates.com: 10 Cities Where ‘Entry-Level’ Luxury Homes Cost the Most in 2025
