These 5 metros have the most million-dollar homes: If you're selling, here's what to know about the tax consequences
Million-dollar homes aren't common in the U.S., but you're more likely to find these properties along the coasts.

That's according to a LendingTree study that ranked the country's 50 biggest metropolitan areas by the share of owner-occupied properties worth $1 million or more.

The average share of million-dollar owner-occupied homes in the 50 biggest metros is 4.71%. But in San Jose, California, 52.89% are worth $1 million or more, and in San Francisco, 40.37% are.

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Other metros with the highest share of million-dollar properties included Los Angeles, San Diego, New York, Seattle, Boston, Washington, Miami and Denver.

By comparison, places like Buffalo, New York; Cleveland and Pittsburgh had the smallest share of million-dollar homes, representing less than 1% of owner-occupied properties.