Home prices
The median home in North Merrick is valued at $505,100. Compared to other places in this area it is roughly $52,380 (11%) higher.It is roughly $287,600 (132%) higher compared to the rest of the country, and in comparison to the city of New York is roughly $100,900 (16%) lower.
Rents
The median monthly rent in North Merrick is $2,482. Compared to its surrounding areas it is about $712 (40%) higher.It is roughly $1,420 (133%) higher compared to the entire nation, and is approximately $1,039 (72%) higher compared to the city of New York.
Nearby places
North Bellmore
North Bellmore is North Merrick's neighbor to the east. The real estate prices there are similar. The median home in North Bellmore is valued at $482,000, which is $23,100 (4%) lower than North Merrick. The rent there is a lot less expensive. North Bellmore's median monthly rent is $1,625, which works out to $857 (52%) lower than North Merrick.
Roosevelt
Roosevelt is North Merrick's neighbor to the southwest. Real estate prices there are significantly less expensive. The cost of the median home in Roosevelt is $309,100, which comes out to $196,000 (63%) lower than North Merrick. The rent there is substantially less expensive. In Roosevelt the median rent is $1,811 per month, which is $671 (37%) lower than North Merrick.
East Meadow
East Meadow is North Merrick's neighbor to the north. The housing prices there are somewhat less expensive. The median home in East Meadow costs $454,500, which works out to $50,600 (11%) lower than North Merrick. Rent there is a bit less expensive. The median rent in East Meadow is $2,144 a month, which comes out to $338 (15%) lower than North Merrick.
Merrick
Merrick is North Merrick's neighbor to the south. Housing prices there are somewhat more expensive. The median home in Merrick is valued at $573,200, which comes out to $68,100 (11%) higher than North Merrick. Rent there is a bit less expensive. In Merrick the median monthly rent is $2,208, which works out to $274 (12%) lower than North Merrick.
North Wantagh
North Wantagh is roughly 2 miles east of North Merrick. Its housing prices are somewhat less expensive. The price of the median home in North Wantagh is $444,800, which is $60,300 (13%) lower than North Merrick. The rent there is significantly less expensive. The median rent in North Wantagh is $1,060 per month, which is $1,422 (134%) lower than North Merrick.