You might think $1 million is a lot, but even that much money doesn’t go as far as it used to. Consider in today’s economy, a stack probably won’t be enough to buy a Porsche 918 Spyder (for the sports car lovers) or the first appearance of Batman (for the comic book aficionados). But, $1 million can still buy you a lot of house in most parts of the United States, as the median home sale price was $419,200 at the end of 2024, according to Census Bureau data.
Of course, where you want to live has an outsized impact on whether $1 million can get you a mansion to make all your neighbors stare or merely something more akin to the minimalist Icelandic-inspired cottage the protagonist of the hit TV show “The Good Place” calls home.
