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 Aug 15 2026
This week the median list price for New Hyde Park, NY 11040 is $1,062,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 66. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

New Hyde Park, NY 11040

Sat Aug 15 2026
This week the median list price for New Hyde Park, NY 11040 is $1,062,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 66. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the New Hyde Park market.
Median List Price $1,062,000
Median Price of New Listings $950,000
Per Square Foot $649
Average Days on Market 52
Median Days on Market 42
Price Decreased 38%
Price Increased 0%
Relisted 6%
Inventory 66
Median Rent
Market Action 41
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,699,000 2,611 6,500 - 8,000 sqft 5 4 64 1 3 42
$1,119,000 1,627 6,500 - 8,000 sqft 4 2.5 74 1 2 45
$949,000 1,600 0 - 4,500 sqft 4 2 79 3 1 21
$799,000 1,318 4,500 - 6,500 sqft 3 1.8 83 2 2 42