Hundreds of U.S. cities now have starter homes that cost $1 million, Zillow finds
Real Estate
As U.S. housing costs continue to climb , 242 cities across the country now have "starter homes" costing at least $1 million, according to Zillow. The number of metropolitan areas with basic homes worth at least seven figures has tripled since 2020, the real estate firm said in a new analysis . Zillow defines a starter home as one in the lowest third of home values in a given region. Home prices surged during the pandemic as a housing shortage collided with strong demand and historically low
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