The U.S. Has Lost 58 ‘Million-Dollar’ Cities Since the Housing Market Peaked Last July

The U.S. has lost 58 “million-dollar” cities — cities where the typical home is worth $1 million or more — since the housing market peaked last July, a new Zillow analysis shows. In the six months after the peak, the typical home in million-dollar cities lost an average of $114,500 in value.
Learn more: https://www.zillow.com/research/million-dollar-cities-2023-32263/

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