Much like nearby areas, it is substantially more expensive compared to the US as a whole. However compared to the city of New York, it's a bit less expensive.
Home prices
The median home in Cedarhurst costs $571,200. Compared to the surrounding areas this is roughly $27,140 (4%) lower.It is approximately $353,700 (162%) higher compared to the nation as a whole, and is approximately $34,800 (5%) lower compared to the city of New York.
Rents
In Cedarhurst the median monthly rent is $1,767. Compared to other places in this area this is about $48 (2%) higher.It is about $705 (66%) higher compared to the US as a whole, and it is approximately $324 (22%) higher compared to the city of New York.
Nearby places
Woodmere
Woodmere is Cedarhurst's neighbor to the north. Its real estate prices are somewhat more expensive. The median home in Woodmere is valued at $706,200, which comes out to $135,000 (19%) higher than Cedarhurst. Rents there are a bit more expensive. Woodmere's median monthly rent is $2,006, which comes out to $239 (11%) higher than Cedarhurst.
Inwood
Inwood is Cedarhurst's neighbor to the west. The real estate prices there are a lot less expensive. Inwood's median home value is $421,900, which comes out to $149,300 (35%) lower than Cedarhurst. Its rents are a bit less expensive. Inwood's median rent is $1,509 per month, which is $258 (17%) lower than Cedarhurst.
Lawrence
Lawrence is Cedarhurst's neighbor to the south. The housing prices there are substantially more expensive. The median home in Lawrence costs $926,600, which comes out to $355,400 (38%) higher than Cedarhurst. Rent there is fairly similar. The median monthly rent in Lawrence is $1,779, which is very similar to Cedarhurst.
Hewlett
Hewlett is about 1 mile northeast from Cedarhurst. Real estate prices there are a little less expensive. The median home in Hewlett costs $464,300, which works out to $106,900 (23%) lower than Cedarhurst. Its rents are fairly similar. In Hewlett the median rent is $1,718 per month, which is $49 (2%) lower than Cedarhurst.
South Valley Stream
South Valley Stream is approximately 2 miles north of Cedarhurst. Housing prices there are a little less expensive. The median home value in South Valley Stream is $472,700, which comes out to $98,500 (20%) lower than Cedarhurst. The rent there is a bit less expensive. South Valley Stream's median monthly rent is $1,584, which comes out to $183 (11%) lower than Cedarhurst.
