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GOBankingRates
GOBankingRates
Gabrielle Olya

6 Cities Where Newer Luxury Homes Cost Less Than $1 Million in 2026

Zillow

The U.S. luxury housing market varies dramatically by region, according to a new Realtor.com analysis. While established coastal metros tend to offer smaller, older luxury homes at higher prices, fast-growing Sun Belt and Midwest markets are delivering newer, larger properties — often for under $1 million.

Check Out: I’m a Real Estate Agent: 7 Places To Avoid Buying a House in 2026

Read Next: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too

Even with a seven-figure budget cap, buyers can still find modern luxury homes in these emerging markets. Here are six metro areas where the top 10% of listings skew newer than the national average, ranked by the median year homes were built.

Also check out where you can get a luxury home for under $300,000.

1. Orlando-Kissimmee-Sanford, Florida

  • Starting price for 10% most expensive listings: $893,137
  • Median year built for top 10%: 2013

Find Out: How Much House Does $300K, $400K and $500K Buy You in Every State?

2. Minneapolis-St. Paul-Bloomington, Minnesota-Wisconsin

  • Starting price for 10% most expensive listings: $994,071
  • Median year built for top 10%: 2012

3. San Antonio-New Braunfels, Texas

  • Starting price for 10% most expensive listings: $749,566
  • Median year built for top 10%: 2012

4. Dallas-Fort Worth-Arlington, Texas

  • Starting price for 10% most expensive listings: $929,272
  • Median year built for top 10%: 2010

5. Houston-Pasadena-The Woodlands, Texas

  • Starting price for 10% most expensive listings: $776,561
  • Median year built for top 10%: 2010

6. Charlotte-Concord-Gastonia, North Carolina-South Carolina

  • Starting price for 10% most expensive listings: $897,204
  • Median year built for top 10%: 2008

More From GOBankingRates

This article originally appeared on GOBankingRates.com: 6 Cities Where Newer Luxury Homes Cost Less Than $1 Million in 2026

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