Starter homes top $1M in 233 cities: Zillow

Want a starter home? It'll cost at least $1 million in these US cities, says new report

(NewsNation) — In more than 230 U.S. cities, $1 million is only enough for a starter home, according to a new report. A Zillow analysis found that the typical "starter home" was worth at least $1 million in 233 cities as of March. That's a huge jump from five years ago, when just 85 cities had million-dollar starter homes. "First-time buyers are facing a market where prices that once seemed unimaginable have become reality," Kara Ng, senior econ…

Want a starter home? It'll cost at least $1 million in Texas, says new report

(NewsNation) — In more than 230 U.S. cities, including some in Texas, $1 million is only enough for a starter home, according to a new report. A Zillow analysis found that the typical "starter home" was worth at least $1 million in 233 cities as of March. That's a huge jump from five years ago, when just 85 cities had million-dollar starter homes. "First-time buyers are facing a market where prices that once seemed unimaginable have become reali…

Starter homes top $1M in 233 cities: Zillow

A new Zillow report shows $1 million starter homes are no longer just a California problem.

Missouri has one city with $1M starter homes, and it's near St. Louis

ST. LOUIS COUNTY, Mo. - In a recent report from Zillow of the states that had cities with $1 million starter homes, Missouri made the list with only one city. Out of 233 cities, the City of Huntleigh, Missouri, was listed as the only city within the state to have these high-priced starter homes, according to Zillow. Sitting between the Ladue, Frontenac and Kirkwood areas, Huntleigh holds over 150 families, totaling up to 361 residents, according…

A simple starter home now costs $1 million in half the states in the U.S., report reveals

Buying a starter home as a first-time buyer is supposed to be exciting, and a recognition of financial security. But in more U.S. cities, getting a starter home is even more out of reach, given the $1 million barrier to entry in hundreds of cities.  A new housing report reveals the hurdle to becoming a first-time homebuyer is now even higher in hundreds of U.S. cities.  Housing platform app Zillow reports there are now 233 locations in the U.S. …

5 years ago, only 85 US cities had starter homes that cost at least $1 million. Now there are 233.

Justin Sullivan/Getty ImagesThe typical starter home costs at least $1 million in 233 US cities, a Zillow study found.Just five years ago, only 85 cities had starter homes that cost at least $1 million.It's a telling sign of how pricey homes are, even in areas once considered relatively affordable.The typical price of a starter home was $1 million or higher in 233 US cities last month, a new report from Zillow found.To define starter home prices…