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Featured local agent — New Hyde Park, NY
Sarah Mitchell
Compass Real Estate · New Hyde Park, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Hyde Park, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$923,000median sale price
How is the New Hyde Park, NY housing market right now?
The median home sale price in New Hyde Park, NY is $923,000, up 23.9% year-over-year. Homes sell in an average of 279 days with 15 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Hyde Park a buyer's or seller's market?
New Hyde Park, NY is currently a buyer's market, based on 7.5 months of supply and homes selling in about 279 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
279
Average pace
Active listings
15
7.5 months supply
Sale-to-list
102.1%
Above asking
What does the New Hyde Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $923,000 |
| Median list price | $863,000 |
| Year-over-year price change | +23.9% |
| Average days on market | 279 days |
| Active inventory | 15 listings |
| Months of supply | 7.5 months |
| Sale-to-list price ratio | 102.1% |
| Median price per sq ft | $524/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 6 |
| Listings with a price cut | 33.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in New Hyde Park by property type?
How the New Hyde Park, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $923,000 | $524/sq ft | 2 | 279 days |
| Condo / Co-op | $380,000 | $507/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The New Hyde Park housing market is currently classified as a buyer's market with a median sale price of $923,000. Prices have risen 23.9% compared to last year, with homes spending an average of 279 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.7x provides context for how home values compare to local earning capacity.
Homes for sale in New Hyde Park
There are currently 15 homes listed for sale in New Hyde Park, New York. The median listing price is $863K.
Active listings
15
Homes on market
Median list price
$863K
Avg. days on market
279
Days until sale
New this week
6
Newly listed
Who lives in New Hyde Park?
Population
10,208
Median income
$146,571/yr
Median age
43.5 years
Owner-occupied
86.1%
College grads
50.1%
Avg commute
37.9 min
Source: U.S. Census Bureau ACS
What are homes worth in New Hyde Park?
Zillow home value
$986,147
Zillow rent index
$4,111/mo
Price-to-rent ratio
20.0x
Price-to-income
6.7x
Source: Zillow Research
What is it like to live in New Hyde Park?
New Hyde Park is a community of approximately 10K residents with a median age of 43.5 years.The median household income is $146,571, which reflects a relatively affluent area with strong earning potential. 50.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 86.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 37.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, New Hyde Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Hyde Park?
7 schools tracked · 5,482 students
The largest public schools serving New Hyde Park, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
NEW HYDE PARK MEMORIAL HIGH SCHOOL
Grades 7-12 · 1,738 students
HERRICKS HIGH SCHOOL
Grades 9-12 · 1,502 students
DENTON AVENUE SCHOOL
Grades K-5 · 611 students
NEW HYDE PARK ROAD SCHOOL
Grades PK-6 · 488 students
HILLSIDE GRADE SCHOOL
Grades PK-6 · 481 students
MANOR OAKS WILLIAM BOWIE SCHOOL
Grades PK-6 · 342 students
EARLY CHILDHOOD CENTER
Grades PK-K · 320 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near New Hyde Park, NY?
Want a head-to-head view? Compare New Hyde Park side-by-side with any other U.S. city using our market-comparison tool.
Is New Hyde Park a good real estate investment market?
For investors evaluating New Hyde Park, the price-to-rent ratio of 20.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 23.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on New Hyde Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using New Hyde Park's median home price.
Frequently asked questions
What is the average home price in New Hyde Park?
The median home sale price in New Hyde Park is $923,000, up 23.9% from last year.
How long do homes stay on market in New Hyde Park?
Homes typically spend 279 days on market before going under contract.
What is the median income in New Hyde Park?
The median household income is $146,571 per year.
Is New Hyde Park a buyer's or seller's market?
With 7.5 months of supply, New Hyde Park is currently a buyer's market.
What is the Zillow home value estimate for New Hyde Park?
The Zillow Home Value Index (ZHVI) for New Hyde Park is $986,147, representing the typical home value in the area.
What is the median condo price in New Hyde Park?
The median condo/co-op sale price in New Hyde Park, NY is $380,000, compared to $923,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in New Hyde Park?
The median single-family home price in New Hyde Park, NY is $923,000 (about $524 per square foot).
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