$9,488 Closing Credit*
$799,000
1,814 SqFt
4 Beds
•2 Full Baths
Listing Office: Douglas Elliman Real Estate
Is Hewlett, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Hewlett has remained a Buyer's Market.
Key Takeaway
Hewlett is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hewlett, NY
How much do homes in Hewlett, NY cost?
Median Sold Price
$653,750
$404/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$12,750(+2.0%)
Key Takeaway
Homes in Hewlett have sold for 2% more than they did a year ago.
Summary: The median home sold price in Hewlett was $653,750 in December 2024, up 2% from last year, and the median price per square foot was $404.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132.5K | $162.5K | +22.6% |
| 2 Bedrooms | $280K | $415K | +48.2% |
| 3 Bedrooms | $602.5K | $697.5K | +15.8% |
| 4 Bedrooms | $765K | $775K | +1.3% |
| 5+ Bedrooms | $905K | $997.4K | +10.2% |
Summary: Hewlett housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.6%, 2 bedroom homes increased by 48.2%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Town of Hempstead | $640.2K | $709.7K | +10.8% |
| Woodmere | $950K | $1.0M | +9.5% |
| Hewlett | $641K | $653.7K | +2.0% |
Housing Supply in Hewlett, NY
How many homes are available in Hewlett, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 52 | 46 | -11.5% |
Summary: The Hewlett real estate market had 46 homes for sale in December 2024, a 11.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 14 | 9 | -35.7% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Hewlett housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hewlett, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Hewlett in December 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Hewlett, NY
How long does it take to sell a home in Hewlett, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 97 Days | 19 Days | -80.2% |
Summary: Homes in Hewlett had an average of 19 days on market in Dec 2024, down by 80.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hewlett are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Hewlett; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.