New York City's most expensive home prices are found in the Manhattan borough, particularly within the Upper East Side district. This area consistently tops price rankings due to its affluent demographics, limited housing supply, and proximity to iconic landmarks and amenities. According to a 2023 report by the New York Association of Realtors, the Upper East Side had a median home price of $2,250,000, significantly higher than Manhattan’s borough-wide average of $1,575,000. Data from Zillow corroborates this, showing the Upper East Side’s median price per square foot exceeding $1,200, compared to Brooklyn’s $840 and Queens’ $700. High demand from investors and luxury buyers, coupled with strict zoning laws restricting new construction, drives prices upward. Additionally, the area’s concentration of high-income professionals and its status as a cultural and commercial hub further solidify its position as the most expensive district. Meanwhile, Brooklyn Heights, while expensive, trails behind with a median price of $1,900,000, reflecting its slightly lower density of ultra-luxury properties. These trends highlight Manhattan’s Upper East Side as the pinnacle of New York City’s real estate market.