The housing market in New Hyde Park, NY is thriving. The median value of a house in this area is $798,900, which is more than twice the US median house value of $338,100. In the last year there has been an 8.27% appreciation in the US housing market, while in New Hyde Park the appreciation rate rose 7.99%, showing that demand for housing continues to remain strong. It's clear that owning a home or investing in property here can be a great financial decision for any investor or homeowner.
The median home cost in New Hyde Park is $798,900. Home appreciation the last 10 years has been 70.5%. Home Appreciation in New Hyde Park is up 11.6%.
Average Age of Homes
- The median age of New Hyde Park real estate is 65 years old
The Rental Market in New Hyde Park
- Renters make up 17.6% of the New Hyde Park population
- 0.0% of houses and apartments in New Hyde Park, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.