How much do homes cost in NYC?
As of 2025, home prices in New York City remain among the highest in the U.S. The median home price across the five boroughs is around $750,000, but prices vary significantly by location. Manhattan, particularly desirable neighborhoods like Tribeca and Soho, sees median home prices upwards of $1 million, with luxury properties often exceeding tens of millions. In contrast, more affordable boroughs like Queens and The Bronx may see median prices closer to $500,000 to $600,000. Prices continue to be influenced by demand, limited inventory, and the overall economic environment.