Similar to the surrounding areas, it is a lot more expensive compared to the United States as a whole. Compared to the city of New York however, it's somewhat less expensive.
Home prices
The cost of the median home in South Valley Stream is $472,700. In comparison to nearby areas it is about $20,160 (4%) lower.It is about $255,200 (117%) higher in comparison to the country as a whole, and in comparison to the city of New York it is about $133,300 (21%) lower.
Rents
The median rent in South Valley Stream is $1,584 a month. It is approximately $210 (11%) lower compared to its nearby areas.It is about $522 (49%) higher in comparison to the country as a whole, and is roughly $141 (9%) higher compared to the city of New York.
Nearby places
Valley Stream
Valley Stream is South Valley Stream's neighbor to the northeast. Its housing prices are a bit less expensive. The price of the median home in Valley Stream is $427,100, which comes out to $45,600 (10%) lower than South Valley Stream. Rents there are a little more expensive. Valley Stream's median rent is $1,728 per month, which is $144 (8%) higher than South Valley Stream.
Woodmere
Woodmere is South Valley Stream's neighbor to the south. Its real estate prices are substantially more expensive. The median home in Woodmere costs $706,200, which comes out to $233,500 (33%) higher than South Valley Stream. Rent there is a little more expensive. In Woodmere the median monthly rent is $2,006, which is $422 (21%) higher than South Valley Stream.
Hewlett
Hewlett is approximately 1 mile southeast of South Valley Stream. Its real estate prices are pretty similar. The median home in Hewlett costs $464,300, which works out to $8,400 (1%) lower than South Valley Stream. Rent there is a little more expensive. The median monthly rent in Hewlett is $1,718, which works out to $134 (7%) higher than South Valley Stream.
North Valley Stream
North Valley Stream is roughly 1 mile north from South Valley Stream. Real estate prices there are a little less expensive. North Valley Stream's median home cost is $412,600, which comes out to $60,100 (14%) lower than South Valley Stream. Rent there is somewhat more expensive. The median rent in North Valley Stream is $1,781 per month, which is $197 (11%) higher than South Valley Stream.
Lynbrook
Lynbrook is approximately 2 miles east from South Valley Stream. Its real estate prices are fairly similar. The cost of the median home in Lynbrook is $454,100, which is $18,600 (4%) lower than South Valley Stream. Rent there is somewhat more expensive. In Lynbrook the median monthly rent is $1,735, which is $151 (8%) higher than South Valley Stream.
