In 2023, Glendale, CA was the mid-sized city with the highest share of housing above one million U.S. dollars in the United States. Over 60 percent of housing in Glendale and Huntington Beach cost over one million U.S. dollars. However, considering that the median home price in these cities was around one million U.S. dollars, houses of the same cost would not be considered luxurious. The concept of homes over one million U.S. dollars being luxurious applies to all other cities with a lower median house price.
Mid-sized cities with the largest share of luxury housing over one million U.S. dollars in the United States in 2023
The source adds that:
"Cities for each category were selected based on population: Markets with at least 150,000 people were included in the “Mid-Sized Cities” category and they range from 194,543 people to 217,827 people."
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Point2 Homes. (July 5, 2023). Mid-sized cities with the largest share of luxury housing over one million U.S. dollars in the United States in 2023 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1278914/share-of-luxury-housing-usa-mid-sized-cities/
Point2 Homes. "Mid-sized cities with the largest share of luxury housing over one million U.S. dollars in the United States in 2023." Chart. July 5, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1278914/share-of-luxury-housing-usa-mid-sized-cities/
Point2 Homes. (2023). Mid-sized cities with the largest share of luxury housing over one million U.S. dollars in the United States in 2023. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1278914/share-of-luxury-housing-usa-mid-sized-cities/
Point2 Homes. "Mid-sized Cities with The Largest Share of Luxury Housing over One Million U.S. Dollars in The United States in 2023." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/1278914/share-of-luxury-housing-usa-mid-sized-cities/
Point2 Homes, Mid-sized cities with the largest share of luxury housing over one million U.S. dollars in the United States in 2023 Statista, https://www.statista.com/statistics/1278914/share-of-luxury-housing-usa-mid-sized-cities/ (last visited December 23, 2024)
Mid-sized cities with the largest share of luxury housing over one million U.S. dollars in the United States in 2023 [Graph], Point2 Homes, July 5, 2023. [Online]. Available: https://www.statista.com/statistics/1278914/share-of-luxury-housing-usa-mid-sized-cities/