Home prices
The median home value in New Hempstead is $514,400. This is roughly $144,820 (21%) lower in comparison to its surrounding areas.Compared to the entire nation it is about $296,900 (136%) higher, and it is approximately $91,600 (15%) lower compared to the city of New York.
Rents
In New Hempstead the median rent is $2,205 per month. Compared to nearby areas this is roughly $734 (49%) higher.In comparison to the nation as a whole it is approximately $1,143 (107%) higher, and compared to the city of New York it is about $762 (52%) higher.
Nearby places
New Square
New Square is New Hempstead's neighbor to the southeast. Its housing prices are pretty similar. The median home in New Square costs $493,300, which comes out to $21,100 (4%) lower than New Hempstead. Rents there are significantly less expensive. New Square's median rent is $1,350 a month, which works out to $855 (63%) lower than New Hempstead.
Wesley Hills
Wesley Hills is New Hempstead's neighbor to the northwest. Its housing prices are somewhat more expensive. The median home in Wesley Hills is valued at $666,000, which works out to $151,600 (22%) higher than New Hempstead. Its rents are a little less expensive. Wesley Hills's median monthly rent is $1,719, which is $486 (28%) lower than New Hempstead.
Hillcrest
Hillcrest is New Hempstead's neighbor to the southeast. The real estate prices there are a lot less expensive. The median home value in Hillcrest is $376,200, which is $138,200 (36%) lower than New Hempstead. Rents there are substantially less expensive. In Hillcrest the median monthly rent is $1,573, which is $632 (40%) lower than New Hempstead.
Viola
Viola is New Hempstead's neighbor to the southwest. Housing prices there are a little more expensive. Viola's median home value is $679,700, which comes out to $165,300 (24%) higher than New Hempstead. The rent there is somewhat less expensive. Viola's median monthly rent is $1,747, which comes out to $458 (26%) lower than New Hempstead.
Kaser
Kaser is about 2 miles southwest from New Hempstead. Its real estate prices are significantly more expensive. The median home in Kaser costs $1,080,900, which is $566,500 (52%) higher than New Hempstead. The rent there is a lot less expensive. Kaser's median monthly rent is $965, which comes out to $1,240 (128%) lower than New Hempstead.
