Starter Homes Hitting $1M in More Than 200 U.S. Cities -- Market Talk

Dow Jones

Apr 24, 2025

1026 ET - Home shoppers hoping to buy their first home may be in for serious sticker shock. While the typical starter home nationwide is worth an attainable $192,514, there are more than 230 cities where a starter home comes with a price tag of $1 million or more, Zillow says. A typical "starter home" is worth at least $1 million in 233 cities. Five years ago, there were only 85 such cities. This latest number has slipped slightly from 239 at the start of this year, as sellers have so far made a stronger return to the market than buyers, causing home values to soften. Many young households are postponing homeownership--the median age of a renter has risen to 42 years old--driving demand and prices for single-family rentals to new heights. (chris.wack@wsj.com)

(END) Dow Jones Newswires

April 24, 2025 10:26 ET (14:26 GMT)

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While the typical starter home nationwide is worth an attainable $192,514, there are more than 230 cities where a starter home comes with a price tag of $1 million or more, <a href=\"https://laohu8.com/S/Z\">Zillow</a> says. A typical \"starter home\" is worth at least $1 million in 233 cities. Five years ago, there were only 85 such cities. This latest number has slipped slightly from 239 at the start of this year, as sellers have so far made a stronger return to the market than buyers, causing home values to soften. Many young households are postponing homeownership--the median age of a renter has risen to 42 years old--driving demand and prices for single-family rentals to new heights. (chris.wack@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 24, 2025 10:26 ET (14:26 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Starter Homes Hitting $1M in More Than 200 U.S. Cities -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStarter Homes Hitting $1M in More Than 200 U.S. Cities -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-24 22:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1026 ET - Home shoppers hoping to buy their first home may be in for serious sticker shock. While the typical starter home nationwide is worth an attainable $192,514, there are more than 230 cities where a starter home comes with a price tag of $1 million or more, <a href=\"https://laohu8.com/S/Z\">Zillow</a> says. A typical \"starter home\" is worth at least $1 million in 233 cities. Five years ago, there were only 85 such cities. This latest number has slipped slightly from 239 at the start of this year, as sellers have so far made a stronger return to the market than buyers, causing home values to soften. Many young households are postponing homeownership--the median age of a renter has risen to 42 years old--driving demand and prices for single-family rentals to new heights. (chris.wack@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 24, 2025 10:26 ET (14:26 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4079","symbol_name":"房地产服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529932543","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529932543","pubTimestamp":1745504760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1026 ET - Home shoppers hoping to buy their first home may be in for serious sticker shock. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4079":"房地产服务","CFA.SI":"NikkoAM-STC Asia REIT","BK4588":"碎股","BK4585":"ETF&股票定投概念","Z":"Zillow","ZG":"Zillow Class A","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓"},"translate_title":"美国200多个城市的新房售价达到100万美元——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"Z":0.9,"CFA.SI":0.9,"ZG":0.9},"content_text":"1026 ET - Home shoppers hoping to buy their first home may be in for serious sticker shock. While the typical starter home nationwide is worth an attainable $192,514, there are more than 230 cities where a starter home comes with a price tag of $1 million or more, Zillow says. A typical \"starter home\" is worth at least $1 million in 233 cities. Five years ago, there were only 85 such cities. This latest number has slipped slightly from 239 at the start of this year, as sellers have so far made a stronger return to the market than buyers, causing home values to soften. Many young households are postponing homeownership--the median age of a renter has risen to 42 years old--driving demand and prices for single-family rentals to new heights. (chris.wack@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 24, 2025 10:26 ET (14:26 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}