Dalia Elison's Market Report

New Hyde Park, NY 11040

Single-Family Homes

LuxuryHomeNY | dalia@luxuryhomeNY.com | 516.707.9022


New Hyde Park, NY 11040

Sat May 02 2026
This week the median list price for New Hyde Park, NY 11040 is $1,150,000 with the market action index hovering around 47. This is less than last month's market action index of 52. Inventory has increased to 49. Click here to stay informed with the New Hyde Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

New Hyde Park, NY 11040

Sat May 02 2026
This week the median list price for New Hyde Park, NY 11040 is $1,150,000 with the market action index hovering around 47. This is less than last month's market action index of 52. Inventory has increased to 49. Click here to stay informed with the New Hyde Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the New Hyde Park market.
Median List Price $1,150,000
Median Price of New Listings $971,500
Per Square Foot $646
Average Days on Market 37
Median Days on Market 21
Price Decreased 18%
Price Increased 2%
Relisted 4%
Inventory 49
Median Rent
Market Action 47
Strong Seller's Market

Despite this week’s down tic, the price trend in this zip code remains upward for several weeks. We’re within sight of the market peak, and we’ll assume this week’s change is just randomness unless we see a persistent downward push of the Market Action Index into the Buyer’s zone.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,450,888 2,302 6,500 - 8,000 sqft 4 3 63 1 0 35
$1,214,500 1,905 4,500 - 6,500 sqft 4 3 75 4 1 10
$962,499 1,510 4,500 - 6,500 sqft 4 2 80 4 1 42
$847,499 1,237 0 - 4,500 sqft 4 1.3 83 5 1 10