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New Hyde Park, NY Real Estate


According to census data in the year 2000 there were 3,354 housing units in New Hyde Park. This represents a 3.4% decline from 3,471 in 1990.

Of those housing units, 3,354 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in New Hyde Park is about 82.6%. New Hyde Park's vacancy rate, including seasonal lodging, is about 1.9%. Average household size is 2.89 people.

The majority of houses, apartments or condos in New Hyde Park were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom6.20%
Two Bedrooms15.30%
Three Bedrooms42.90%
Four Bedrooms27.80%
Five Bedrooms or more6.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1950
Median Value of occupied units$245,900
Median Price asked for vacant units$243,000

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1945
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage2.50%
Home Equity Loan5.10%
Simple Mortgage49.30%
Debt Free42.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs25.3%