$10,000 Closing Credit*
$1,349,000
3,149 SqFt
4 Beds
•2 Full Baths, 1 Partial
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 October 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
$650,000
$400/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+4.0%)
Key Takeaway
Homes in Hewlett have sold for 4% more than they did a year ago.
Summary: The median home sold price in Hewlett was $650,000 in October 2024, up 4% from last year, and the median price per square foot was $400.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $162.5K | +12.1% |
| 2 Bedrooms | $302.5K | $374.2K | +23.7% |
| 3 Bedrooms | $596.2K | $682.5K | +14.5% |
| 4 Bedrooms | $765K | $795K | +3.9% |
| 5+ Bedrooms | $925K | $970K | +4.9% |
Summary: Hewlett housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 23.7%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Town of Hempstead | $635K | $698.9K | +10.1% |
| Woodmere | $950K | $990K | +4.2% |
| Hewlett | $625K | $650K | +4.0% |
Housing Supply in Hewlett, NY
How many homes are available in Hewlett, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 57 | -5.0% |
Summary: The Hewlett real estate market had 57 homes for sale in October 2024, a 5.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 2 | -66.7% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 18 | 15 | -16.7% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Hewlett housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hewlett, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Hewlett in October 2024, down by 50.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 53 Days | +6.1% |
Summary: Homes in Hewlett had an average of 53 days on market in Oct 2024, up by 6.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hewlett are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Hewlett; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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.