Housing in Hempstead, NY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$636,000

Median List Price

$664,999

Price Per Sq Ft

$397

Days on Market

55

Active Inventory

57

Months of Supply

3.6

Seller's market

Zillow Home Value

$619,722

ZHVI — January 2026

Zillow Rent Index

$3,631

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 14.6%List Price 14.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

43.8%

Off Market in 2 Weeks

10.5%

Sale-to-List Ratio

94.8%

Buyer's market

Sold Above Asking
43.8%
Under Contract in 2 Wks
10.5%
Listings with Price Drops
21.1%

Market Activity

Source: Redfin

Homes Sold

16

New Listings

24

Pending Sales

19

Homes Sold 33.3%New Listings 22.6%Pending 13.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$397

Median List $/SF

$410

Sale $/SF 8.5%List $/SF 3.5%Mar 24Jan 26

Hempstead vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Hempstead is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$442,100

Median Rent

$1,649

Total Housing Units

18,836

Vacancy Rate

8.1%

Owner Occupied

45.8%

Renter Occupied

54.3%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,914

Housing Types

Single Family
47.6%
Multi-Family
51.9%
Mobile Home
0.5%

The current median sale price in Hempstead, NY is $636,000 according to Redfin data. Homes spend a median of 55 days on the market. 43.8% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $397. Zillow's observed rent index is $3,631/month. About 45.8% of housing units are owner-occupied. The median year homes were built is 1957. There are 18,836 total housing units.