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One Million Dollars Is a Modest Sum in San Francisco's Housing Market

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One Million Dollars Is a Modest Sum in San Francisco's Housing Market


October 29, 2019
Painted Ladies
Photo by Ross Joyner on Unsplash

It’s no secret that California is an expensive place to live. But just how expensive is hard to swallow: $1 million dollars in San Francisco will get you just over 1,000 square feet, according to Zillow. For reference, a racquetball court is 800 square feet. 
 
A new analysis by real-estate listing website Zillow found that in the US, the median million-dollar, single-family home boasts around 2,200 square feet, four bedrooms, and two-and-a-half bathrooms.

The analysis looked at the median square footage of million-dollar, single-family homes in 100 of the largest US cities and found that in El Paso, Texas, $1 million will get you the farthest. There, a typical million-dollar, single-family home has over 7,000 square feet of space.

However, space seems to shrink over on the West Coast. The analysis found that the city with the smallest median square footage is — not shockingly — San Francisco. There, a typical million-dollar, single-family home boasts just 1,150 square feet.


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