What $1 Million Buys You in Different Bay Area Cities (August 2025 Edition)


What $1 Million Buys You in Different Bay Area Cities (2025 Edition)
The Bay Area is one of the most competitive housing markets in the U.S., but the kind of home you can buy for $1 million varies dramatically depending on the city.
From downtown condos in San Francisco to spacious suburban homes in Fremont, this guide gives you a real-world look at what your budget can get you across popular Bay Area cities in 2025.
1. San Jose
Typical $1M Home in 2025:
- 3 bed / 2 bath single-family home
- Around 1,300–1,500 sq ft
- Built in the 1960s–1980s, some updates done
- Located in family-friendly neighborhoods like Cambrian or Evergreen
Lifestyle & Value: Good balance of space and city amenities, with parks, shopping, and restaurants nearby.
2. Fremont
Typical $1M Home in 2025:
- 3 bed / 2 bath single-family
- Around 1,200–1,400 sq ft
- Mid-century home in Mission Valley or Irvington districts
- Excellent schools in certain zones (Mission San Jose area is higher-priced)
Lifestyle & Value: Strong family appeal, great schools, and convenient commute to Silicon Valley.
3. Sunnyvale
Typical $1M Home in 2025:
- 2 bed / 1 bath condo or townhome
- 1,000–1,200 sq ft
- Close to tech campuses, well-maintained complexes with amenities
Lifestyle & Value: Walkable, tech-centric, high demand area with strong appreciation potential.
4. Mountain View
Typical $1M Home in 2025:
- 2 bed / 1 bath condo or townhome
- 950–1,100 sq ft
- Modern units near Castro Street or Caltrain
Lifestyle & Value: Vibrant urban feel with great restaurants and nightlife, close to Google and Shoreline Park.
5. Santa Clara
Typical $1M Home in 2025:
- 3 bed / 2 bath single-family
- Around 1,200 sq ft
- 1950s–1960s ranch-style homes near Levi’s Stadium or Santa Clara University
Lifestyle & Value: Central location and relatively more affordable than neighboring Cupertino or Sunnyvale.
6. Cupertino
Typical $1M Home in 2025:
- 2 bed / 1 bath condo or small townhome
- 900–1,000 sq ft
- Excellent school districts (Cupertino Union, Fremont Union High)
Lifestyle & Value: Education-focused, safe, and family-friendly, but limited inventory at this price point.
7. Palo Alto
Typical $1M Home in 2025:
- 1 bed / 1 bath condo
- 700–900 sq ft
- Downtown or near Stanford
Lifestyle & Value: Prestigious location, walkable amenities, but very limited space for the price.
8. San Francisco
Typical $1M Home in 2025:
- 1–2 bed condo
- 800–1,100 sq ft
- Located in areas like SOMA, Mission Bay, or Inner Richmond
Lifestyle & Value: Urban energy, access to cultural events, and high rental potential.
Final Thoughts
In the Bay Area, $1 million can mean very different things — from a spacious home in Fremont to a compact condo in Palo Alto. Understanding each city’s trade-offs in size, location, and amenities can help you make the most of your budget.
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