2015-10-01

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Million-Dollar Home

When it comes to real estate, the governing rule in price is location. Depending on where it's located, a million-dollar property could offer less than a few thousand square feet of living space — or it could be a mansion with more than 10,000 square feet of space. This holds true between states, where the size of a typical million-dollar home could range from 2,000 square feet to more than 12,000, found a GOBankingRates survey of real estate prices.

Click through to see what a typical million-dollar home in each state looks like as well as the different kinds of amenities you can expect to get.

Related: What $1 Million Bought You 10 Years Ago

Please note: Photos included in slideshow are for illustrative purposes only.

Alabama

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Alabama Home Prices

Median listing price: $90 per square foot

$1 million buys 11,111 square feet

A home around this size in Pike Road, Ala., is priced at $997,000 and includes a wine cellar, weight room with a sauna and an in-home movie theater. In Alabama, you can expect your $1 million home to have around six bedrooms.

Alaska

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Alaska Home Prices

Median listing price: $165 per square foot

$1 million buys 6,061 square feet

A home in Wasilla, Alaska, priced at $995,000 has 6,243 square feet of interior space on nearly 10 acres of lakefront property. The home also has a tennis court, plus its own airstrip and 2,000-square-foot airplane hangar, perfect for an air travel enthusiast.

Arizona

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Arizona Home Prices

Median listing price: $125 per square foot

$1 million buys 8,000 square feet

A Mesa, Ariz., home listed at exactly $1 million offers 7,445 square feet of space — enough for seven bedrooms. The home sits on 1 acre that has more than 25 citrus trees and a diving pool.

Arkansas

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Arkansas Home Prices

Median listing price: $86 per square foot

$1 million buys 11,627 square feet

A $990,900 mansion in Little Rock, Ark., is practically palatial. It has nine beds and 10 baths, including three of each in a separate carriage house. The historic home built in 1888 also has a hidden tower room with views of the Little Rock skyline.

California

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California Home Prices

Median listing price: $244 per square foot

$1 million buys 4,099 square feet

One California home fits the profile of a million-dollar home in this state, with 4,121 square feet priced at $995,000. Located in Chico, the house has three bedrooms and four baths, plus a formal dining room with an attached balcony. It also sits on a nearly 1-acre yard that includes a waterfall feature and a bocce ball court.

Colorado

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Colorado Home Prices

Median listing price: $167 per square foot

$1 million buys 5,988 square feet

A 5,986-square-foot home in Windsor, Colo., offers five beds and six baths for $985,000. The home also has two offices, an exercise room and is located on a half acre of land.

Connecticut

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Connecticut Home Prices

Median listing price: $158 per square foot

$1 million buys 6,329 square feet

Priced at $995,000, a nearly million-dollar home in Easton, Conn., has five beds and seven baths. The home is outfitted with a generator and a solar photovoltaic system and a four-car garage. It's situated on nearly 4 acres of land.

Delaware

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Delaware Home Prices

Median listing price: $138 per square foot

$1 million buys 7,246 square feet

A 6,276-square-foot home in Smyrna, Del., has a listing price of $997,700 for six beds and eight baths located on 13.4 acres. It also has a caretaker's apartment over a detached garage, as well as a horse barn that also houses a studio. The home itself is built for formal entertaining with a library, conservatory, ballroom and two formal dining rooms.

District of Columbia

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Washington D.C. Home Prices

Median listing price: $438 per square foot

$1 million buys 2,283 square feet

Washington, D.C.'s, median listing prices are the highest of any state. One typical million-dollar home selling for $979,000 in D.C. has only three beds and three baths in 2,287 square feet of space. But, the home still boasts some upscale amenities, including an au pair suite, a sun room and a deck in the back with a custom water feature.

Florida

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Florida Home Prices

Median listing price: $126 per square foot

$1 million buys 7,936 square feet

One Debary, Fla., home is priced at $975,000 for just over 8,000 square feet. It has five beds and five baths, plus an air-conditioned garage. The grounds include an in-ground pool plus a backyard "summer kitchen" that's complete with a dishwasher and fridge.

Read: What $1 Million Buys You on the Best Beaches in the World

Georgia

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Georgia Home Prices

Median listing price: $92 per square foot

$1 million buys 10,869 square feet

A million-dollar home in Georgia might be similar to an Eatonton mansion that boasts 10,974 square feet for a main home and guest house on more than 41 acres of land. The surrounding land is great for horses or other outdoor activities, and it also includes a fish pond.

Hawaii

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Hawaii Home Prices

Median listing price: $434 per square foot

$1 million buys 2,304 square feet

With housing prices second only to D.C., Hawaii home buyers won't get much with a million-dollar budget. One home on Lahaina is listed for $1,095,000 and has just 2,352 square feet, three bedrooms and three bathrooms. It does, however, have a killer location with outstanding ocean and island views.

Idaho

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Idaho Home Prices

Median listing price: $108 per square foot

$1 million buys 9,259 square feet

A home in Idaho Falls, Idaho, matches the million-dollar profile with 9,252 square feet priced at $995,000. The six-bedroom home sits on 2.3 acres of land and boasts a bonus room for a study or craft room.

Illinois

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Illinois Home Prices

Median listing price: $119 per square foot

$1 million buys 8,403 square feet

Illinois residents with $1 million to spend could get a 8,512-square-foot home in Belleville, Ill. It boasts four bedrooms, six baths and two full kitchens, as well as a game room, library, sauna, exercise room and art room. The home's exterior is equally impressive, with two covered patios, a salt water pool and a dock to the lake adjacent to the home.

Indiana

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Indiana Home Prices

Median listing price: $82 per square foot

$1 million buys 12,195 square feet

Indiana has the lowest median listing price per square foot, which makes it the state where you'd get the most square footage for your $1 million. A million-dollar home in Carmel has nearly 11,000 square feet with four beds, seven baths, garage space for four cars as well as a pool house and fully-finished basement. The home sits on nearly 2 acres that includes a pool, fire pit and fish pond as well as an outdoor barbecue.

Iowa

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Iowa Home Prices

Median listing price: $108 per square foot

$1 million buys 9,259 square feet

A million dollars could buy an Urbandale home in Iowa that's just under 9,000 square feet and has five beds and five baths located on 5.7-plus acres. The home also has exercise and play rooms along with a combined library and office.

Kansas

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Kansas Home Prices

Median listing price: $91 per square foot

$1 million buys 10,989 square feet

Kansas is another state where $1 million will go far, buying a Wichita home with 11,476 square feet. The home has five bedrooms, six baths, a library, a two-story sun room with a hot tub and an exercise room.

Kentucky

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Kentucky Home Prices

Median listing price: $94 per square foot

$1 million buys 10,638 square feet

A Kentucky home in Louisville offers 9,661 square feet for just under $1 million — all on 9.66 acres. The home itself offers seven bedrooms and six-and-a-half baths, as well as a rec room, gym space and three walk-in closets. The property is also slated as ideal for housing up to six horses.

Louisiana

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Louisiana Home Prices

Median listing price: $103 per square foot

$1 million buys 9,708 square feet

One million-dollar home in Covington, La., meets this profile with 10,288 square feet for $940,000. The home has five beds, six baths, a master suite with a sitting area, a guest home, cottage house and garage all located on 3.11 acres.

Maine

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Maine Home Prices

Median listing price: $134 per square foot

$1 million buys 7,462 square feet

The buyer looking to spend $1 million in Maine could get a 7,487-square-foot Falmouth home backing golf course greens. Inside, the home has five bedrooms, five-and-a-half baths and a full bar in the basement. Outside, it has two large decks and an in-ground pool along with a fire pit.

Maryland

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Maryland Home Prices

Median listing price: $156 per square foot

$1 million buys 6,410 square feet

In Gaithersburg, Md., a 6,400-square-foot home priced at $995,000 offers five beds and six baths, along with a sun room. The home is in an upscale community and is located on a lot that's three-quarters of an acre.

Massachusetts

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Massachusetts Home Prices

Median listing price: $206 per square foot

$1 million buys 4,854 square feet

Massachusetts is one of the few states where $1 million buys less than 5,000 square feet. A $949,000 home in Wrentham, however, is still sizable with four beds and six baths on more than two acres. The property includes a salt-water pool with a detached cabana that houses a bathroom and changing area.

Michigan

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Michigan Home Prices

Median listing price: $93 per square foot

$1 million buys 10,752 square feet

A million dollars could buy a Michigan home around 10,000 square feet, like a four-bedroom, six-bath property in Bloomfield Hills. The home includes three skylights, a large entertaining space with a dance floor, a sauna, a combined exercise and game room, and two family rooms.

Minnesota

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Minnesota Home Prices

Median listing price: $147 per square foot

$1 million buys 6,803 square feet

In Welch, Minn., $1 million can buy a 34-acre estate with a 6,800-square-foot, seven-bedroom home that has a guest house and various outbuildings. The main home offers a spacious kitchen with wooden cabinets and floors.

Mississippi

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Mississippi Home Prices

Median listing price: $85 per square foot

$1 million buys 11,764 square feet

Mississippi has relatively low housing prices. One of the biggest homes listed on Zillow is a 10,000-square-foot mansion in Jackson for sale for $990,000. The home has six bedrooms and five bathrooms, along with a conference room, media rooms, an elevator and indoor swimming pool. And, it comes with $500,000 worth of furnishings and fixtures.

Missouri

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Missouri Home Prices

Median listing price: $91 per square foot

$1 million buys 10,989 square feet

Missouri residents can get a similarly expansive home for $1 million. A Clarksville, Mo., estate priced at $1.1 million includes 11,000 square feet of space, seven bedrooms, eight baths, a marble fireplace, a sweeping staircase and more. The home is set on 40 acres of property alongside a two-bedroom guesthouse and other historic outbuildings.

Montana

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Montana Home Prices

Median listing price: $160 per square foot

$1 million buys 6,250 square feet

With a million-dollar budget, buyers can expect to get around 6,000 square feet. One large log home in Billings, Mont., is priced at $1.1 million and has 6,264 square feet located on five acres. The home boasts five beds and five baths as well as a horse barn with a bathing room and storage.

Nebraska

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Nebraska Home Prices

Median listing price: $106 per square foot

$1 million buys 9,434 square feet

A typical million-dollar home in Nebraska might look like the 9,138-square foot mansion in Grant with five bedrooms and six baths. The home is set on 7.5 acres and contains a large great room, elevator and full-size indoor pool.

Nevada

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Nevada Home Prices

Median listing price: $117 per square foot

$1 million buys 8,547 square feet

A million-dollar stucco and brick home in Las Vegas features 8,399 square feet that includes five beds, six baths and other living areas like an exercise room. The one-acre property also includes two guest houses and a pool.

New Hampshire

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New Hampshire Home Prices

Median listing price: $136 per square foot

$1 million buys 7,352 square feet

A look at a million-dollar home in New Hampshire could land you in Bristol, where a 7,101-square foot home with five beds and five baths is listed for $1,050,000. The home is located on 11 acres and includes a heated five-car garage, a game room, a workshop and other living spaces.

New Jersey

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New Jersey Home Prices

Median listing price: $168 per square foot

$1 million buys 5,952 square feet

New Jersey's million-dollar homes are smaller than in other states. A 5,900-square-foot home in Monroe is an example, priced at $999,973. But, less space does not mean less luxury; the home includes five beds, five baths — including a spa-like master bath — a sun room, playroom and conservatory. The home is located on an expansive 6-acre lot that includes a pool and pool house, as well as a large barn.

New Mexico

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New Mexico Home Prices

Median listing price: $111 per square foot

$1 million buys 9,009 square feet

A million-dollar home in New Mexico will probably deliver plenty of space, like a five-bedroom, eight-bath home in Santa Fe that's selling for $1.1 million. This house features traditional Santa Fe styling, including granite counters. It sits on a 1.58-acre lot and features a guest house.

New York

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New York Home Prices

Median listing price: $181 per square foot

$1 million buys 5,524 square feet

Yes, it's expensive to live in New York City, but a $1 million could still buy a home that's plenty luxurious in New York state. For example, a 5,600-square-foot home in Stony Point boasts five beds, four baths, a sun room, gym room and game room. It's located on 1.65 acres and includes a detached indoor basketball court, a heated pool with a waterfall feature and a three-car garage.

North Carolina

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North Carolina Home Prices

Median listing price: $106 per square foot

$1 million buys 9,433 square feet

A 9,833-square foot home in Charlotte is a great example of what a million-dollar home looks like in North Carolina. It has seven bedrooms and six baths, as well as a racquetball court — all priced at $985,000.

North Dakota

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North Dakota Home Prices

Median listing price: $136 per square foot

$1 million buys 7,352 square feet

While the median listing price means a buyer should be able to get 7,352 square feet for $1 million, the largest home listed in this price range was a 5,194-square-foot house in Dickinson available for $925,000. The house features five beds, four baths, an outdoor patio and high ceilings.

Ohio

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Ohio Home Prices

Median listing price: $83 per square foot

$1 million buys 12,048 square feet

A 12,439-square-foot home in Medina, Ohio, carries a $900,000 price tag. This home has four beds, five baths, a four-car garage, library, media room and an indoor pool. The house is located on a 17-acre property that includes a tennis court and a private lake.

Oklahoma

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Oklahoma Home Prices

Median listing price: $88 per square foot

$1 million buys 11,363 square feet

If you're in Oklahoma, prices are similarly low to those in Ohio. A 10,388-square-foot home in Ardmore gets closest to the profile of a million-dollar home in Oklahoma, priced at $975,000. It includes five beds and five baths, as well as a game room, sauna and more. The property also has a heated outdoor pool, a barn and even a sand arena all located on 40.5 acres.

Oregon

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Oregon Home Prices

Median listing price: $158 per square foot

$1 million buys 6,329 square feet

A home in Damascus, Ore., is listed at $935,000 for 6,400 square feet, which includes five bedrooms and four baths along with a fitness room, formal dining room and large decks that wrap around half of the house. The home sits on 8 acres and offers views of Mt. Hood and Mt. St. Helens.

Pennsylvania

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Pennsylvania Home Prices

Median listing price: $109 per square foot

$1 million buys 9,174 square feet

In Sewickley, Pa., $1.1 million buys a 9,222-square-foot estate that includes a five-bedroom main home and a three-bedroom carriage house. Other structures on the 5.68 acres of property include a studio, a wine cellar and a five-car garage with horse stables. The main home includes an elevator, a gym and a two-story library.

Rhode Island

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Rhode Island Home Prices

Median listing price: $172 per square foot

$1 million buys 5,813 square feet

Rhode Island's real estate skews to the expensive end. A $999,000 home in East Greenwich has 5,841 square feet with four beds, four baths, a finished basement, game room and a large backyard for a playground set. It's located on a 1.65-acre lot.

South Carolina

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South Carolina Home Prices

Median listing price: $102 per square foot

$1 million buys 9,803 square feet

An example of a typical million-dollar home in South Carolina is a 9,488-square-foot Anderson property for sale for $979,000. The three-story home has five beds and seven baths. It also features an elevator that accesses all three floors. The home includes a breakfast bar, craft room, sun room, in-law suite, home gym and in-home movie theater.

South Dakota

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South Dakota Home Prices

Median listing price: $105 per square foot

$1 million buys 9,523 square feet

Based on the median list price in South Dakota, $1 million should be able to buy you close to 10,000 square feet of space with an indoor sport court, granite countertops, steam shower, library, a billiards room and more. But a home of that size in Rapid City with those amenities carries a much higher price tag of $1.59 million, and million-dollar homes tends to be closer to 7,000 square feet in size.

Tennessee

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Tennessee Home Prices

Median listing price: $97 per square foot

$1 million buys 10,309 square feet

A million-dollar home in Murfeesboro — that's foreclosed — features four beds and six baths along with a three-screen video room and a six-car garage. The 9,582-square-foot home is located on an expansive 3.5-acre lot.

Texas

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Texas Home Prices

Median listing price: $105 per square foot

$1 million buys 9,523 square feet

A Sunrise Beach, Texas, home priced at $950,000 offers seven bedrooms and nine baths on more than 3.6 acres that include vineyards. The home has a wine cellar in the basement along with a warehouse, perfect for the enthusiast interested in turning the properties' vineyards into a business.

Utah

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Utah Home Prices

Median listing price: $139 per square foot

$1 million buys 7,194 square feet

A Draper, Utah, home offers 7,201 square feet of living space with six beds and six baths. It also boasts a full in-law suite in the basement, and the backyard features a covered patio with a gas fireplace.

Vermont

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Vermont Home Prices

Median listing price: $139 per square foot

$1 million buys 7,194 square feet

A European-style home in Brattleboro, Vt.,carries a price tag of $989,000 for 7,102 square feet. The home includes five beds, eight baths, an indoor lap pool, a billiards parlor, a wine cellar and a library. The 15-acre grounds also boasts vineyards and a clay tennis court.

Virginia

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Virginia Home Prices

Median listing price: $139 per square foot

$1 million buys 7,194 square feet

A home close to $1 million ($1,075,777) in Fairfax Station has a decent 7,132 square feet of space on 5 acres of property with a gazebo. The home has four bedrooms and five baths. It also includes a game area, a reception hall, a banquet dining room and more.

Washington

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Washington Home Prices

Median listing price: $155 per square foot

$1 million buys 6,451 square feet

A waterfront home in Shelton, Wash., offers 6,481 square feet for a little more than $1 million: $1,095,000. The home has four beds, five baths and an artist's studio overlooking the water. The 2-acre property includes a five-car carriage house that has a large caretaker's quarters above it as well.

West Virginia

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West Virginia Home Prices

Median listing price: $90 per square foot

$1 million buys 11,111 square feet

Based on the median home prices in West Virginia, $1 million should buy an 11,000-square foot home, but in reality these homes are priced closer to $1.4 million. A million-dollar home in Scott Depot, however, still offers an expansive 8,658 square feet with five beds and five baths on a lot that's close to 2 acres. The house has cherry hardwood floors, a guest suite and an outdoor fire pit.

Wisconsin

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Wisconsin Home Prices

Median listing price: $105 per square foot

$1 million buys 9,524 square feet

A Caledonia, Wis., three-story home priced at $1,095,000 offers 9,400 square feet of living space, six beds and seven baths on 4 acres. Other living spaces include a large mud room, an in-law suite, a home gym and a recreation room complete with a bar.

Wyoming

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Wyoming Home Prices

Median listing price: $146 per square foot

$1 million buys 6,849 square feet

One Evanston, Wyo., home actually beats the usual prices in the state, offering just more 7,200 square feet of space for $999,995. The home includes five beds and five-and-a-half baths, a full bar, game room and theater room. The home sits on just under 3.5 acres that overlooks an adjacent golf course for beautiful views.

Keep reading: How to Get a Mortgage for $1 Million or More

Methodology: GOBankingRates used Zillow data to find the median listing price per square foot in each state as of February 2015, then calculated the size of a home $1 million would buy based on this median price. We also looked at a home listed for sale in that state that most closely fit the price and square footage of the typical million-dollar home to see what kind of amenities a home buyer could expect.

This article originally appeared on GOBankingRates.com: What a Million-Dollar Home Looks Like in the U.S.

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