Hempstead, NY Housing Market
The Hempstead housing market is somewhat competitive. Homes in Hempstead receive 7 offers on average and sell in around 36 days. The median sale price of a home in Hempstead was $540K last month, up 12.5% since last year. The median sale price per square foot in Hempstead is $365, up 7.2% since last year.
Hempstead Housing Market Trends
In April 2024, Hempstead home prices were up 12.5% compared to last year, selling for a median price of $540K. On average, homes in Hempstead sell after 36 days on the market compared to 32 days last year. There were 21 homes sold in April this year, up from 21 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Hempstead housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 35 days.
- Hot homescan sell for about 4% above list price and go pending in around 21 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 15 days.
- Hot homescan sell for about 7% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 23 days.
- Hot homescan sell for about 4% above list price and go pending in around 14 days.
Hempstead Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Hempstead from outside metros.
- Peoria homebuyers searched to move into Hempstead more than any other metro followed by Walla Walla and Lincoln.
- 69% of Hempstead homebuyers searched to stay within the Hempstead metropolitan area.
- Miami was the most popular destination among Hempstead homebuyers followed by Philadelphia and Washington.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 5 | ||
2 | 5 | ||
3 | 3 | ||
4 | 1 | ||
5 | 1 | ||
6 | 1 | ||
7 | 0 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 6,427 | ||
2 | 4,068 | ||
3 | 3,393 | ||
4 | 3,037 | ||
5 | 2,791 | ||
6 | 2,083 | ||
7 | 1,825 | ||
8 | 1,664 | ||
9 | 1,615 | ||
10 | 1,436 |
View houses in Hempstead that sold recently
Recently sold homes
- $600,000 Last Sold Price5 beds3 baths2,050 sq ft114 E Graham Ave, Hempstead, NY 11550Listing by RE/MAX City SquareList Price$549,000Sale to List9% over listDays on Market85 days114 E Graham Ave, Hempstead, NY 11550
- $660,000 Last Sold Price4 beds2 baths1,291 sq ft83 Patterson Ave, Hempstead, NY 11550Listing by eXp RealtyList Price$670,000Sale to List1% under listDays on Market92 days83 Patterson Ave, Hempstead, NY 11550
- $600,000 Last Sold Price3 beds2.5 baths—sq ft31 Clarendon Rd, Hempstead, NY 11550Listing by Voro LLCList Price$599,000Sale to List0% over listDays on Market89 days31 Clarendon Rd, Hempstead, NY 11550
- $660,000 Last Sold Price6 beds2.5 baths—sq ft17 Hope St, Hempstead, NY 11550Listing by Signature Premier PropertiesList Price$550,000Sale to List20% over listDays on Market71 days17 Hope St, Hempstead, NY 11550
- $940,000 Last Sold Price4 beds3 baths—sq ft84 Sunset Dr, Hempstead, NY 11550Listing by Charles Rutenberg Realty IncList Price$949,000Sale to List1% under listDays on Market122 days84 Sunset Dr, Hempstead, NY 11550
- $615,000 Last Sold Price4 beds2.5 baths1,700 sq ft19 Hoff Ct, Hempstead, NY 11550Listing by Exit Realty UnitedList Price$639,000Sale to List4% under listDays on Market344 days19 Hoff Ct, Hempstead, NY 11550
- $720,000 Last Sold Price6 beds3 baths—sq ft33 Mason St, Hempstead, NY 11550Listing by Blackstone RealtyList Price$699,000Sale to List3% over listDays on Market123 days33 Mason St, Hempstead, NY 11550
- $280,000 Last Sold Price2 beds1 bath—sq ft20 Wendell Unit 10E, Hempstead, NY 11550Listing by Premium Group Realty CorpList Price$280,000Sale to List0% over listDays on Market110 days20 Wendell Unit 10E, Hempstead, NY 11550
See all recently sold homes in Hempstead.
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Schools in Hempstead
- Elementary
- Middle
- High
GreatSchools Rating
6/10 David Paterson School Public • 1-6 | 495 Students | 1 reviews |
6/10 Barack Obama Elementary School Public • 1-6 | 389 Students | 4 reviews |
6/10 Grand Avenue Elementary School Public • PreK-5 | 317 Students | 1 reviews |
5/10 Joseph McNeil School Public • 1-6 | 665 Students | 5 reviews |
4/10 Jackson Main Elementary School Public • 1-5 | 419 Students | N/A |
Climate's impact on Hempstead housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Hempstead.
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Wind Factor - Major
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Wind likelihood over time
Heat Factor - Major
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Transportation in Hempstead
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