As always, prices lag sales, so we can look to recent sales for an idea of 2014 pricing in different ranges. Sales on the low end of the market have slowed dramatically, down 11.5 percent in December from a year earlier for houses priced below $100,000, according to the National Association of Realtors.
On the flip side, sales of more expensive homes are seeing big gains, up nearly 18 percent for those between $750,000 and $1 million, and up 6.5 percent for those $1 million-plus.
(Read more: 10 insane ways to pimp your megamansion)
As we head into this historically strongest season for housing, it is worth looking at what those higher-priced homes offer in markets across America. CNBC on Thursday kicked off its sneak peak with the latest edition of the Million Dollar Home Challenge. Appropriately, this one is set in markets NFL teams have reigned supreme.
(Read more: Chart of the Day: This old house)
On Thursday, seven reporters fanned out to seven markets, each displaying one home priced at about $1 million. They will not disclose their locations but will document the interiors, exteriors, marketed features and one unique bonus of each home.
Starting on CNBC's "Squawk Box," two homes are being featured. Anchors will guess the locations, and then real estate maven Dolly Lenz will disclose not just where they are but which home gives the better bang for the buck. The winner will move on to the next show. The champion will be crowned on CNBC's "Closing Bell."
Green Bay Packers
Too cold to sit through the Super Bowl at MetLife Stadium in New Jersey? Not a problem if you watch the game in this 6,700-square-foot mansion in Green Bay. This home has a heated four-car garage and a nook to shake the snow off your boots and put away the winter gear.