Home Insurance in New Hyde Park, New York
The median home value in New Hyde Park is $722,900, 6% higher than the Nassau County median.
The typical home in New Hyde Park was built around 1951. About 80% of homes were built before 1960, about 14 points above Nassau County's 66%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In New Hyde Park, the housing stock is 89% single-family homes, 1% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In New Hyde Park, about 60% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 87% of occupied homes in New Hyde Park are owner-occupied.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 82% of homes in New Hyde Park are primarily heated with natural gas.
Nassau County had 40,437 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Very High). See the full Nassau County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in New York is $1,801 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $722,900 |
|---|---|
| Median year built | 1951 |
| Owner-occupied share | 87% |
| Share of owner-occupied homes with a mortgage | 60% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Nassau County | 40,437 |
| Home insurance premium | $1,801 - statewide average (NAIC, 2023 data) |
Nearby towns
- Stewart Manor
- Floral Park
- South Floral Park
- Garden City
- Lake Success
- Mineola
- Williston Park
- North Hills
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)