Hempstead, NY Housing Market
The Hempstead housing market is somewhat competitive. Homes in Hempstead receive 7 offers on average and sell in around 32 days. The median sale price of a home in Hempstead was $550K last month, up 10.0% since last year. The median sale price per square foot in Hempstead is $366, up 12.6% since last year.
Hempstead Housing Market Trends
In March 2024, Hempstead home prices were up 10.0% compared to last year, selling for a median price of $550K. On average, homes in Hempstead sell after 32 days on the market compared to 77 days last year. There were 24 homes sold in March 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 42 days.
- Hot homescan sell for about 2% 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 21 days.
- Hot homescan sell for about 7% above list price and go pending in around 13 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
- Some homes get multiple offers.
- The average homes sell for about 2% above list price and go pending in around 30 days.
- Hot homescan sell for about 3% above list price and go pending in around 17 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 Springfield and Lincoln.
- 70% 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 | Jan '24 - Mar '24 | ||
1 | 6 | ||
2 | 5 | ||
3 | 5 | ||
4 | 2 | ||
5 | 2 | ||
6 | 1 | ||
7 | 1 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 6,754 | ||
2 | 4,058 | ||
3 | 3,185 | ||
4 | 2,755 | ||
5 | 2,367 | ||
6 | 2,152 | ||
7 | 1,814 | ||
8 | 1,636 | ||
9 | 1,547 | ||
10 | 1,491 |
Home offer insights for Hempstead
Recent offers
View houses in Hempstead that sold recently
Recently sold homes
- $185,000 Last Sold Price1 bed1 bath—sq ft32 Cathedral Ave Unit 3B, Hempstead, NY 11550Listing by Garden City Properties IncList Price$185,000Sale to List0% over listDays on Market73 days32 Cathedral Ave Unit 3B, Hempstead, NY 11550
- $540,000 Last Sold Price3 beds1.5 baths—sq ft349 Washington St, Hempstead, NY 11550Listing by Century 21 Realty SpecialistsList Price$510,000Sale to List6% over listDays on Market209 days349 Washington St, Hempstead, NY 11550
- $675,000 Last Sold Price4 beds2.5 baths—sq ft105 Nassau Pkwy, Hempstead, NY 11550Listing by Coldwell Banker American HomesList Price$669,990Sale to List1% over listDays on Market134 days105 Nassau Pkwy, Hempstead, NY 11550
- $500,000 Last Sold Price3 beds3 baths—sq ft21 Sycamore Ave, Hempstead, NY 11550Listing by Real Broker NY LLCList Price$499,999Sale to List0% over listDays on Market159 days21 Sycamore Ave, Hempstead, NY 11550
- $650,000 Last Sold Price3 beds2 baths—sq ft126 Milburn Ave, Hempstead, NY 11550Listing by Goldstar Premier PropertiesList Price$650,000Sale to List0% over listDays on Market61 days126 Milburn Ave, Hempstead, NY 11550
- $780,000 Last Sold Price5 beds3 baths3,200 sq ft65 Nassau Pkwy, Hempstead, NY 11550Listing by Island Group Realty IncList Price$795,000Sale to List2% under listDays on Market196 days65 Nassau Pkwy, Hempstead, NY 11550
- $499,000 Last Sold Price3 beds3 baths—sq ft44 Sunnyside Ave, Hempstead, NY 11550Listing by Madison Homes Realty IncList Price$499,000Sale to List0% over listDays on Market133 days44 Sunnyside Ave, Hempstead, NY 11550
- $715,000 Last Sold Price4 beds2 baths—sq ft481 Olive Blvd, South Hempstead, NY 11550Listing by Howard Hanna CoachList Price$719,000Sale to List1% under listDays on Market214 days481 Olive Blvd, South 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 | 548 Students | 1 reviews |
6/10 Barack Obama Elementary School Public • 1-6 | 418 Students | 4 reviews |
6/10 Grand Avenue Elementary School Public • PreK-5 | 303 Students | 1 reviews |
5/10 Joseph McNeil School Public • 1-6 | 622 Students | 5 reviews |
4/10 Jackson Main Elementary School Public • 1-5 | 426 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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