Much like its nearby areas, it is significantly more expensive compared to the entire nation. However compared to the city of New York, it is a bit less expensive.
Home prices
The median home in West Hempstead is valued at $461,300. In comparison to the surrounding areas it is roughly $7,920 (1%) higher.Compared to the rest of the country it is roughly $243,800 (112%) higher, and compared to the city of New York is roughly $144,700 (23%) lower.
Rents
In West Hempstead the median monthly rent is $1,923. This is approximately $273 (12%) lower in comparison to the surrounding areas.It is about $861 (81%) higher compared to the nation as a whole, and is about $480 (33%) higher compared to the city of New York.
Nearby places
Garden City South
Garden City South is West Hempstead's neighbor to the north. Its housing prices are somewhat more expensive. The median home cost in Garden City South is $569,900, which is $108,600 (19%) higher than West Hempstead. The rent there is significantly more expensive. In Garden City South the median monthly rent is $3,501, which is $1,578 (45%) higher than West Hempstead.
Franklin Square
Franklin Square is West Hempstead's neighbor to the west. Its housing prices are pretty similar. The cost of the median home in Franklin Square is $476,100, which works out to $14,800 (3%) higher than West Hempstead. Rent there is a bit less expensive. Franklin Square's median monthly rent is $1,761, which works out to $162 (9%) lower than West Hempstead.
Hempstead
Hempstead is West Hempstead's neighbor to the east. The real estate prices there are substantially less expensive. The median home in Hempstead costs $321,200, which is $140,100 (43%) lower than West Hempstead. The rent there is significantly less expensive. Hempstead's median rent is $1,450 a month, which works out to $473 (32%) lower than West Hempstead.
South Hempstead
South Hempstead is West Hempstead's neighbor to the southeast. Its housing prices are somewhat less expensive. The median home in South Hempstead costs $434,500, which comes out to $26,800 (6%) lower than West Hempstead. Rent there is a bit more expensive. The median rent in South Hempstead is $2,522 a month, which works out to $599 (23%) higher than West Hempstead.
Malverne
Malverne is roughly 1 mile southwest from West Hempstead. Real estate prices there are pretty similar. The median home in Malverne costs $465,200, which is very similar to West Hempstead. Rents there are somewhat less expensive. In Malverne the median rent is $1,745 per month, which comes out to $178 (10%) lower than West Hempstead.