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In some corners of the United States, a seven-figure home price tag does not signal exceptional wealth so much as simply the mere cost of entry.
A Realtor.com report published on Wednesday identified 13 U.S. housing markets that fit this profile. In each of them, at least half of active home listings were priced at $1 million or more, while the total number of such listings remained below 500.
A prime example is Nantucket, Massachusetts. The small island, home to about 14,000 year-round residents, topped the list, with nearly all of its active home listings priced at $1 million or above. Its median listing price stood at $4.08 million….
A Realtor.com report published on Wednesday identified 13 U.S. housing markets that fit this profile. In each of them, at least half of active home listings were priced at $1 million or more, while the total number of such listings remained below 500.
A prime example is Nantucket, Massachusetts. The small island, home to about 14,000 year-round residents, topped the list, with nearly all of its active home listings priced at $1 million or above. Its median listing price stood at $4.08 million….
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