Home prices
The median home in New Square costs $493,300. Compared to the surrounding areas this is roughly $58,020 (10%) lower.In comparison to the rest of the country it is approximately $275,800 (126%) higher, and in comparison to the city of New York it is approximately $112,700 (18%) lower.
Rents
The median rent in New Square is $1,350 per month. In comparison to its nearby areas it is roughly $196 (12%) lower.It is about $288 (27%) higher in comparison to the rest of the country, and it is approximately $93 (6%) lower compared to the city of New York.
Nearby places
Hillcrest
Hillcrest is New Square's neighbor to the south. Its real estate prices are a bit less expensive. The median home value in Hillcrest is $376,200, which works out to $117,100 (31%) lower than New Square. Its rents are somewhat more expensive. In Hillcrest the median rent is $1,573 per month, which is $223 (14%) higher than New Square.
New Hempstead
New Hempstead is New Square's neighbor to the northwest. Housing prices there are pretty similar. The cost of the median home in New Hempstead is $514,400, which works out to $21,100 (4%) higher than New Square. Its rents are significantly more expensive. In New Hempstead the median monthly rent is $2,205, which comes out to $855 (38%) higher than New Square.
New City
New City is New Square's neighbor to the northeast. The real estate prices there are similar. The value of the median home in New City is $489,600, which is very similar to New Square. Rents there are somewhat more expensive. In New City the median rent is $1,643 per month, which works out to $293 (17%) higher than New Square.
Spring Valley
Spring Valley is about 1 mile southwest of New Square. Housing prices there are substantially less expensive. The median home price in Spring Valley is $295,500, which comes out to $197,800 (66%) lower than New Square. Its rents are fairly similar. Spring Valley's median monthly rent is $1,343, which is very similar to New Square.
Kaser
Kaser is roughly 2 miles southwest of New Square. Its real estate prices are significantly more expensive. The median home cost in Kaser is $1,080,900, which is $587,600 (54%) higher than New Square. The rent there is a lot less expensive. The median monthly rent in Kaser is $965, which comes out to $385 (39%) lower than New Square.
