Housing in Hempstead, TX

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$243,500

Median List Price

$267,750

Price Per Sq Ft

$141

Days on Market

127

Active Inventory

26

Months of Supply

8.7

Buyer's market

Zillow Home Value

$275,055

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 8.2%List Price 16.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

10.0%

Sale-to-List Ratio

94.2%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
10.0%
Listings with Price Drops
15.4%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

6

Pending Sales

10

Homes Sold 50.0%New Listings 40.0%Pending 42.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$141

Median List $/SF

$158

Sale $/SF 4.7%List $/SF 0.6%Mar 24Jan 26

Hempstead vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 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

$145,700

Median Rent

$1,282

Total Housing Units

2,061

Vacancy Rate

7.4%

Owner Occupied

33.4%

Renter Occupied

66.6%

Median Property Tax

$2,971

per year

Monthly Cost (w/ Mortgage)

$838

Housing Types

Single Family
43.6%
Multi-Family
47.9%
Mobile Home
8.5%

The current median sale price in Hempstead, TX is $243,500 according to Redfin data. Homes spend a median of 127 days on the market. 0.0% of homes sold above asking price. The market has 8.7 months of supply. The median price per square foot is $141. The median rent is $1,282 per month (Census ACS). About 33.4% of housing units are owner-occupied. The median year homes were built is 1988. There are 2,061 total housing units.