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Economy

Million-Dollar ‘Starter Homes’ Now the Norm in 237 American Cities, an All-Time High

According to the analysis, about one half of cities with million-dollar starter homes were in California, with New York and New Jersey coming in second and third.

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A row of single family homes at Alexandria, Virginia. Getty Images
RUSSELL PAYNE
RUSSELL PAYNE

Typical starter homes are going for $1 million or more in more than 200 American cities as a housing shortage drives the price tag for homes to new highs.

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RUSSELL PAYNE
RUSSELL PAYNE

Mr. Payne is a political reporter at The New York Sun. He covers a broad range of topics including New York State and New York City.

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