Real estate prices keep shooting higher and higher. Not only in the state of Colorado but nationwide too. According to a new Zillow report, 550 cities in the United States are considered to be million-dollar cities. What does that mean?

What is a million-dollar city?

Million-dollar cities are towns that have home prices that exceed the value of $1 million. The Zillow report shows that the United States added 59 new cities to the list in just one year.


Colorado has not had any movement when it comes to adding or subtracting million-dollar cities to the state in 2024. While the real estate market in the Denver metro area still seems expensive, Colorado doesn't have any metro areas that have the most million-dollar cities.

Colorado's million-dollar cities


Colorado has a total of 21 million-dollar cities in the state. Most are cities where you would expect to see million-dollar homes regularly. Places like Aspen, Telluride, Steamboat Springs, and Crested Butte, just to name a few.

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These cities in Colorado are all million-dollar cities:

  • Aspen
  • Avon
  • Basalt
  • Bow Mar
  • Breckenridge
  • Carbondale
  • Cherry Hills Village
  • Columbine Valley
  • Crested Butte
  • Edwards
  • Foxfield
  • Franktown
  • Genesee
  • Mountain Village
  • Niwot
  • Placerville
  • Snowmass Village
  • Steamboat Springs
  • Telluride
  • Vail

The states that have the least amount of million-dollar cities include Georgia, Kansas, Maine, Michigan, Rhode Island, and Wisconsin with one. States that have no million-dollar cities are Mississippi, New Mexico, Alabama, North Dakota, South Dakota, Nebraska, Iowa, and Indiana. See the full report on

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