The Hempstead housing market is somewhat competitive. The median sale price of a home in Hempstead was $655K last month, up 8.3% since last year. The median sale price per square foot in Hempstead is $430, up 8.6% since last year.
What is the housing market like in Hempstead today?
In March 2024, Hempstead home prices were up 8.3% compared to last year, selling for a median price of $655K. On average, homes in Hempstead sell after 35 days on the market compared to 49 days last year. There were 1,088 homes sold in March this year, down from 1,150 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$655,000
+8.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Hempstead, NY
$655,000
+8.3%
United States
To compare other locations to the Hempstead and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Levittown add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Hempstead housing market?
Hempstead is somewhat competitive. Homes sell in 35 days.
0
100
57
Somewhat Competitive
Redfin Compete Score™
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 homes
can sell for about 4% above list price and go pending in around 18 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.7%
+1.6 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Hempstead, NY
99.7%
+1.6 pt
United States
Home offer insights for Hempstead
Explore recent offers and recently sold homes in Hempstead
Recent offers
Offer Not Accepted|
12 Weeks Ago
~$950K Offer
Sold for $950K
6bd | 3ba | ~3,000sqft
Over List Price
0%
Days on Market
25
Competing Offers
2
Down Payment
~20%
Jessica Oelcher
Hempstead Redfin Agent
Buyer came in with a strong offer but seller chose an all cash offer with no contingencies.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Norman J Levy Lakeside School
Public • K-6
555
Students
7 reviews
10/10
McVey Elementary School
Public • K-5
690
Students
7 reviews
10/10
Birch School
Public • K-7
546
Students
8 reviews
9/10
Parkway School
Public • K-5
492
Students
4 reviews
9/10
Covert Avenue School
Public • PreK-6
729
Students
6 reviews
Only showing 5 of
100+ elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Risk Factor
Flood Factor - Major
37% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hempstead has a major risk of flooding. 49,008 properties in Hempstead are likely to be
severely affected
by flooding over the next 30 years. This represents 37% of all properties in Hempstead. Flood risk is increasing faster than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
Hempstead has a moderate risk of wildfire. There are 24,463 properties in Hempstead that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in Hempstead.