Similar to its nearby areas, it is significantly more expensive compared to the entire country. It's close to average compared to the city of New York.
Home prices
The median home cost in New Hyde Park is $580,300. This is is very similar compared to its surrounding areas.Compared to the country as a whole it is about $362,800 (166%) higher, and in comparison to the city of New York is roughly $25,700 (4%) lower.
Rents
New Hyde Park's median monthly rent is $1,659. Compared to the surrounding areas this is approximately $120 (6%) lower.Compared to the rest of the country it is about $597 (56%) higher, and it is about $216 (14%) higher in comparison to the city of New York.
Nearby places
Stewart Manor
Stewart Manor is New Hyde Park's neighbor to the south. Its real estate prices are similar. The median home in Stewart Manor is valued at $606,500, which works out to $26,200 (4%) higher than New Hyde Park. Rents there are somewhat less expensive. Stewart Manor's median monthly rent is $1,531, which comes out to $128 (8%) lower than New Hyde Park.
North New Hyde Park
North New Hyde Park is New Hyde Park's neighbor to the north. Housing prices there are somewhat more expensive. North New Hyde Park's median home price is $621,000, which is $40,700 (6%) higher than New Hyde Park. Its rents are somewhat more expensive. North New Hyde Park's median rent is $1,948 per month, which works out to $289 (14%) higher than New Hyde Park.
Floral Park
Floral Park is New Hyde Park's neighbor to the southwest. The housing prices there are similar. Floral Park's median home cost is $593,900, which is $13,600 (2%) higher than New Hyde Park. Its rents are fairly similar. In Floral Park the median monthly rent is $1,733, which works out to $74 (4%) higher than New Hyde Park.
Garden City Park
Garden City Park is approximately 1 mile northeast from New Hyde Park. Its real estate prices are a little more expensive. The median home in Garden City Park is valued at $636,700, which comes out to $56,400 (8%) higher than New Hyde Park. Its rents are a bit more expensive. The median monthly rent in Garden City Park is $2,006, which works out to $347 (17%) higher than New Hyde Park.
South Floral Park
South Floral Park is roughly 1 mile southwest of New Hyde Park. Its housing prices are a little less expensive. The median home in South Floral Park is valued at $467,300, which works out to $113,000 (24%) lower than New Hyde Park. Rents there are pretty similar. South Floral Park's median monthly rent is $1,676, which comes out to $17 (1%) higher than New Hyde Park.
