Cedarhurst Real Estate
Cedarhurst, NY Community Guide in 2024
As part of the “Five Towns” on Long Island, Cedarhurst is one of the most desirable places to live in New York. Located about 20 miles Southeast of Manhattan, Cedarhurst has a population of about 6,500 residents that call the village home.
Cedarhurst is known for its tight-knit community with plenty of fun events year-round for people of all ages. There’s also incredible dining and shopping options along Central Avenue catering to various nationalities that reflect the demographics in Cedarhurst.
Are you thinking about moving to Cedarhurst this year? This article discusses the top things to do and important housing market information essential for anyone who wants to move to Cedarhurst in the near future.
Things to Do in Cedarhurst, NY
Cedarhurst has seen incredible development over the past 20 years, with a large number of Orthodox Jewish residents moving into the area. As such, there are a wide array of Kosher food options in and around the town offering incredible dining experiences. Additional things to do in Cedarhurst include:
Shopping on Central Avenue
Central Avenue is the main shopping district in Cedarhurst with various stores for people of all ages and styles. You’ll find trendy boutiques, specialty stores, and home decor retailers on Central Avenue with a focus on small and locally-owned businesses.
Art Galleries
Cedarhurst has become known for its collection of art galleries in the village. These galleries typically showcase the work of local, regional, and international artists who present their paintings and sculptures on display. These galleries host exhibitions throughout the year for art enthusiasts to engage with the local creative community and discover new talents.
Dining
In addition to the Jewish and Kosher food options, Cedarhurst also features a number of both casual and upscale restaurants for different dining preferences and occasions. You’ll find falafel, gourmet pizza, and artisanal pastries throughout Cedarhurst along with many other food options.
Cedarhurst Housing Market
Affording a home in Cedarhurst can be difficult for those without excellent credit and income qualifications. In fact, according to Redfin, the average home price for residences in Cedarhurst exceed $1.1 million, showing an increase of 38 percent year-over-year.
Another challenge with living in Cedarhurst is the lack of homes on the market. With only 36 homes on the market in February 2023, there were just 3 homes sold in that same period. Prospective homeowners who can’t afford a home in Cedarhurst currently may need to wait for the housing market to cool off and for more homes to come onto the market.
Additionally, interest rates are a major hurdle for those looking to move to Cedarhurst. Unfortunately, the Federal Reserve recently announced they won’t cut interest rates until inflation subsides, which means it’s uncertain when consumers should expect rates to decrease in the future.
Find out why Kaya Homes is the leader in Long Island real estate and are your go-to realtor in the Lynbrook, Oceanside, Malverne, Hewlett, Valley Stream, East Rockaway, Woodmere, Cedarhurst, Hewlett Harbor, and Freeport area.
by Mottek Group