The Brief

The chances of finding a mansion at an affordable price feel unrealistic given these homes cost millions of dollars.

Zillow in a new housing report notes that a median mansion is defined as a home with roughly 5,000 square feet of living space, which is valued at over $1.4 million.

However, there are four housing markets where you can purchase these palatial estates for less than $1 million.

Mansions under $1 million in 4 cities

By the numbers:

Zillow reports in June 2021, approximately 45% of mansions were valued at less than $1 million, but currently, that number has dropped to 30%.

Buffalo ($825,000)

Indianapolis ($965,500)

Cleveland ($995,200)

Memphis ($996,700)

Are there other cities where mansions are affordable?

Big picture view:

While Buffalo, Indiana

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