A record 242 US cities now have starter homes that cost $1M

The count of cities with $1 million starter homes has nearly tripled since 2020, an enduring sign of how the pandemic housing boom reset affordability for first-time buyers

• The number of cities where a typical starter home is worth $1 million or more has nearly tripled since before the pandemic, rising from 80 in February 2020 to a record 242 today.
• California still has the most cities with million-dollar starter homes, but New York and New Jersey are seeing the fastest growth. -...