Starter Homes Cost at Least $1 Million in 117 California Cities

Published on July 30, 2024

California is one of the most expensive places to buy a starter home in the country, as 117 cities in the state have so-called starter homes priced at $1 million or more, according to a real estate analysis from Zillow. New York was second to California, with $1 million starter homes in 31 different cities. According to the analysis, such homes are priced among the lowest third of home values in a given region. Nationwide, $1 million starter homes are for sale in 237 cities, up from 84 in 2019. Across the United States, the average starter home is $196,611. Over the past five years, those home values have increased by about 54 percent, according to Zillow....