Not sure what the housing market is where you live, but you can't get a house here, unless you make an offer 35% over asking and have cash on hand. Could you get a house for < million? Perhaps but it'll be "a fixer upper" to put it humorously. You're more likely looking at a trailer, and those have 5 year waiting period.

You understand that this is very unusual right? I mean, mere seconds of googling can show you that the average house price in the U.S. is about 270K, not 570K, and the average purchase price is not 35% over-asking unless there is a sudden epidemic of people under-asking and misvaluing their own homes.