Home Values

Hewlett Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$449,900

  • 2.2% 1-year change
  • 0.8% 1-year forecast

The median home value in Hewlett is $449,900. Hewlett home values have gone up 2.2% over the past year and Zillow predicts they will rise 0.8% within the next year. The median rent price in Hewlett is $2,600, which is higher than the New York Metro median of $2,495.

Foreclosures will be a factor impacting home values in the next several years. In Hewlett 4.5 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.2 and also greater than the national value of 3.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Hewlett is 16.2%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Hewlett homeowners underwater on their mortgage is 4.5%, which is lower than New York Metro at 13.1%.

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Relative ZHVI
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Hewlett Market Overview

Data through Mar 31, 2015
  • $449,900 ZHVI
  • 0.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Hewlett Market Health

Data through Mar 31, 2015
  • 5.1/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 4.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 16.2% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

4.5 homes(Feb 28, 2015) Hewlett
1.2 homes New York Metro
3 homes United States
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Nearby Cities

Name Median ZHVI
Hewlett Harbor $1,174,300
Lawrence $1,026,000
Woodmere $574,800
Name Median ZHVI
Cedarhurst $557,300
East Rockaway $396,600
Lynbrook $389,400
Name Median ZHVI
Malverne $388,600
Island Park $353,000
Valley Stream $352,200

Listings & Sales

  • No data
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Hewlett Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $2,637 Hewlett
    $2,355 New York Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,600 Rent list price
  • No data Rent list price / sq ft
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