Hempstead, NY Home Values & Market Trends
Real estate market trends reflect that there have been 299 transactions over the past year in Hempstead. The median value for residential home transactions that occurred over the previous year is $641,679. The number of current listings in Hempstead is 508, and the percentage of properties for sale in the city is 508.00%. Hempstead, NY currently has 341 properties in foreclosure, 3 bank owned properties, 13 properties headed for auction, and 508 properties for sale.
Hempstead, NY Real Estate Market Overview
Housing Market Summary for Hempstead, NY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $607.4K | $645K | 6.18% |
| Median Sold Price | $675.9K | $584.5K | -13.53% |
| Homes For Sale | 412 | 507 | 23.06% |
| Homes Sold | 90 | 67 | -25.56% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hempstead, NY
Browse Homes in Hempstead, NY
Hempstead home values range from $221,975 to $1,819,199. The median estimated value of a home in Hempstead is $641,679. The median list price of a home is 649,000, and the total count of properties in the city is 1,259.
- Pre-ForeclosurePre-foreclosure homes account for 25.81% of all residential properties in Hempstead, NY with 11550 containing 338 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Hempstead, NY; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,514,383 in 11550 to the lowest home value of $293,412 in 11550.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hempstead, NY ranges from the highest value of $579,900 in 11550 to the lowest value of $515,900 in 11550. Bank owned homes and properties account for 0.24% of properties in Hempstead, NY. There are 2 zips within Hempstead, NY; 11550 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions11550 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Hempstead, NY. Auction homes and other auction properties account for 1.03% of all properties in Hempstead, NY. There are 2 zips within Hempstead, NY; of those zips, the median estimated home value for homes going to auction ranges from $918,996 in 11550 to the lowest value of $300,000 in 11550.
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Guide for Hempstead, NY
New York Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
