Why Live in Hyde Park
Hyde Park in Niagara Falls is a neighborhood that balances affordability with proximity to notable attractions. Situated between the iconic Niagara Falls to the west and expansive green spaces to the east, Hyde Park offers residents a mix of historic homes, including ranch-style and Colonial Revival houses, many featuring columned porches and large yards. The neighborhood's tree-lined streets and organized layout add to its charm. Hyde Park is known for its affordability, with home prices generally ranging from $100,000 to $200,000, and lower utility costs due to nearby hydroelectric facilities. The area is safer than the national average, making it an appealing choice for families and individuals alike. Hyde Park is home to New York’s largest city park outside of Manhattan, offering amenities such as a skate park, golf course, stadium, ice pavilion, and an Olympic-sized pool. The park also hosts a large bocce league and the annual Hyde Park Summer Bash. Local dining options include Hyde Park Café and Stadium Grill, while The Niagara Chocolate Company offers sweet treats. Fashion Outlets of Niagara Falls, just 3 miles away, provides extensive shopping options. The Niagara Frontier Transportation Authority ensures convenient travel with bus and metro rail systems connecting to Buffalo and downtown Niagara Falls.
Frequently Asked Questions
Is Hyde Park a good place to live?
Hyde Park is a good place to live. Hyde Park is considered very car-dependent and somewhat bikeable with minimal transit options. Hyde Park is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Hyde Park has 5 parks for recreational activities. It is sparse in population with 2.0 people per acre and a median age of 42. The average household income is $63,814 which is below the national average. College graduates make up 20.9% of residents. A majority of residents in Hyde Park are home owners, with 33.6% of residents renting and 66.4% of residents owning their home. A
local real estate agent serving Hyde Park can help you decide if this neighborhood is the right one for you. Learn more on our
Hyde Park neighborhood guide.
Is Hyde Park, NY a safe neighborhood?
Hyde Park, NY is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Hyde Park?
The median home price in Hyde Park is $154,900. If you put a 20% down payment of $31,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $790 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $34K a year to afford the median home price in Hyde Park. The average household income in Hyde Park is $64K.
What are the best public schools in Hyde Park?
The best public schools that serve Hyde Park are:
What are the most popular zip codes in Hyde Park, Niagara Falls, NY?
What are the most popular neighborhoods near Hyde Park, Niagara Falls, NY?
Are home prices dropping in Hyde Park?
Yes, home prices in Hyde Park are down 7% in the last 12 months.
Home Trends in Hyde Park, NY
On average, homes in Hyde Park, Niagara Falls sell after 37 days on the market compared to the national average of 52 days. The median sale price for homes in Hyde Park, Niagara Falls over the last 12 months is $149,900, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$149,900
Median Single Family Sale Price
$149,900
Average Price Per Sq Ft
$136
Number of Homes for Sale
8
Last 12 months Home Sales
74
Median List Price
$154,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-8%
