In these fast-growing U.S. metros, $1 million can still buy a newer luxury home -- often with more space and modern design.

Luxury home prices in the U.S. surged by 8.7% year over year in the first quarter of 2024, with the median price hitting a record $1.225 million, according to data from Redfin. In comparison, prices ...

Luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin. The median price of luxury homes hit an all-time record of $1,225,000 ...

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All of this is packed into 385 square feet (35.7 square meters) of floor space, with pricing starting at $139,995 – ...