People who want to buy a home in New York City always want to know, “How much does a house cost in New York City?” The price of a home can vary a lot depending on where it is, what kind of home it is, and what kind of borough it is in. In 2025, New York City will have a lot of different types of homes to choose from. For example, in Manhattan, there will be expensive brownstones, and in Queens or Staten Island, there will be cheaper single-family homes.
Why the Prices of New York City Homes Go Up and Down
- Location: Manhattan is the most expensive place to live, while Staten Island and the Bronx are less expensive.
- Property Type: The prices of different types of properties, such as co-ops, condos, and single-family homes, are very different.
- Neighborhood Growth: New residents often pay less in areas that are being redeveloped.
- Market Trends: The prices of New York real estate go up and down depending on how much is available, how much is needed, and how high interest rates are.
👉 Look at Housing Market Reports
Cost of a House in New York City by Borough (2025)
- Manhattan: $1.3 million to $2.2 million
- In Brooklyn, prices range from $850,000 to $1.4 million.
- Queens: $700,000 to $1.1 million
- $550,000 to $850,000 in the Bronx
- $500,000 to $750,000 for Staten Island
(Prices are estimates and may change based on the market.)
The Best Places in New York City to Find Cheap Homes
1. The Bronx has the lowest house prices in New York City.
The Bronx has some of the city’s cheapest homes, and it’s not too far from Manhattan. Great for families and people buying their first home.
👉 Look for homes for sale in the Bronx by contacting us
2. Staten Island: Lower Prices and Comfort in the Suburbs
People call Staten Island the city’s suburban getaway because it has bigger homes for less money than other boroughs.
👉 Look at real properties on Staten Island by contacting us
3.Queens: A Good Mix of Price and Lifestyle
Queens has single-family homes and co-ops at reasonable costs, making it a great place for purchasers who seek a variety of options and easy access to airports.
👉 Look through the Queens classifieds
4. Brooklyn: pricey but full of promise
In Brooklyn, houses cost more than in New York City, but some neighborhoods, like East New York and Flatbush, have cheaper options.
Final Reflections
How much does a house in New York City cost? In 2025, prices will be between $500,000 in Staten Island or the Bronx and more than $2 million in Manhattan. Your budget, lifestyle, and long-term investment goals will all play a role in your choice.
📢 Contact Us
Do you want to know what the best price is for a house in New York City? Look at our guides to real estate in New York City. Here
👉 Call MyHavens today to get in touch with trustworthy real estate agents who can help you find the right home in New York City!
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