The Hempstead housing market is very competitive. Homes in Hempstead receive 6 offers on average and sell in around 27 days. The median sale price of a home in Hempstead was $724K last month, up 10.5% since last year. The median sale price per square foot in Hempstead is $465, up 8.9% since last year.
What is the housing market like in Hempstead today?
In October 2024, Hempstead home prices were up 10.5% compared to last year, selling for a median price of $724K. On average, homes in Hempstead sell after 27 days on the market compared to 29 days last year. There were 1,467 homes sold in October this year, down from 1,564 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$724,000
+10.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Hempstead, NY
$724,000
+10.5%
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.
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How hot is the Hempstead housing market?
Hempstead is very competitive. Homes sell in 28 days.
0
100
71
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 28 days.
Hot homes
can sell for about 5% above list price and go pending in around 16 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.1%
+0.9 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
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.
Flood Factor - Moderate
37% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hempstead has a moderate risk of flooding. 48,234 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 25,001 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.
91% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Hempstead has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Hempstead is most at risk from hurricanes. 193,288 properties in Hempstead have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 124 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 145 mph.