West Hempstead, NY Home Values & Market Trends
Real estate market trends reflect that there have been 234 transactions over the past year in West Hempstead. The median value for residential home transactions that occurred over the previous year is $682,581.91. The number of current listings in West Hempstead is 43, and the percentage of properties for sale in the city is 43.00%. West Hempstead, NY currently has 167 properties in foreclosure, 3 bank owned properties, 15 properties headed for auction, and 43 properties for sale.
West Hempstead, NY Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 11552 | $ 689,000 $ 429/sqft |
Housing Market Summary for West Hempstead, NY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $649K | $678.7K | 4.57% |
| Median Sold Price | $647.1K | $678.7K | 4.87% |
| Homes For Sale | 31 | 43 | 38.71% |
| Homes Sold | 154 | 122 | -20.78% |
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 West Hempstead, NY
Browse Homes in West Hempstead, NY
West Hempstead home values range from $91,713 to $2,600,088. The median estimated value of a home in West Hempstead is $682,581.91. The median list price of a home is 699,998, and the total count of properties in the city is 6,874.
- Pre-ForeclosurePre-foreclosure homes account for 2.17% of all residential properties in West Hempstead, NY with 11552 containing 149 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within West Hempstead, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,347,385 in 11552 to the lowest home value of $360,000 in 11552.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in West Hempstead, NY ranges from the highest value of $716,393 in 11552 to the lowest value of $480,000 in 11552. Bank owned homes and properties account for 0.04% of properties in West Hempstead, NY. There is 1 zips within West Hempstead, NY; 11552 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions11552 has 15 auction properties, the highest number of properties going to auction in a single zip in the state of West Hempstead, NY. Auction homes and other auction properties account for 0.22% of all properties in West Hempstead, NY. There is 1 zips within West Hempstead, NY; of that zips, the median estimated home value for homes going to auction ranges from $787,492 in 11552 to the lowest value of $91,713 in 11552.
Compare Nearby Cities
More Real Estate Resources for West Hempstead, NY
Guide for West Hempstead, NY
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
