Much like its nearby areas, it's substantially more expensive compared to the rest of the nation. Compared to the city of New York however, it's a little less expensive.
Home prices
The median home price in Hewlett is $464,300. In comparison to nearby areas this is approximately $18,980 (3%) lower.In comparison to the rest of the country it is approximately $246,800 (113%) higher, and is roughly $141,700 (23%) lower in comparison to the city of New York.
Rents
In Hewlett the median rent is $1,718 per month. Compared to the surrounding areas this is approximately $128 (6%) lower.It is approximately $656 (61%) higher compared to the entire country, and compared to the city of New York it is approximately $275 (19%) higher.
Nearby places
East Rockaway
East Rockaway is Hewlett's neighbor to the east. Its housing prices are fairly similar. The median home in East Rockaway costs $470,600, which comes out to $6,300 (1%) higher than Hewlett. Rents there are similar. The median rent in East Rockaway is $1,679 per month, which comes out to $39 (2%) lower than Hewlett.
Woodmere
Woodmere is Hewlett's neighbor to the west. The real estate prices there are significantly more expensive. The value of the median home in Woodmere is $706,200, which comes out to $241,900 (34%) higher than Hewlett. Rent there is a little more expensive. In Woodmere the median monthly rent is $2,006, which works out to $288 (14%) higher than Hewlett.
Lynbrook
Lynbrook is Hewlett's neighbor to the northeast. Its real estate prices are fairly similar. The median home in Lynbrook is valued at $454,100, which is $10,200 (2%) lower than Hewlett. The rent there is fairly similar. The median monthly rent in Lynbrook is $1,735, which is very similar to Hewlett.
South Valley Stream
South Valley Stream is about 1 mile northwest from Hewlett. Its real estate prices are similar. The median home in South Valley Stream is valued at $472,700, which works out to $8,400 (1%) higher than Hewlett. Rent there is somewhat less expensive. In South Valley Stream the median rent is $1,584 per month, which comes out to $134 (8%) lower than Hewlett.
Bay Park
Bay Park is approximately 1 mile southeast from Hewlett. Its housing prices are a lot less expensive. Bay Park's median home price is $312,800, which works out to $151,500 (48%) lower than Hewlett. The rent there is somewhat more expensive. In Bay Park the median monthly rent is $2,227, which comes out to $509 (22%) higher than Hewlett.
