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Foreclosure Homes in Hempstead, NY

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Hempstead, NY Foreclosures

How much do homes sell for in Hempstead, NY?
The average home price is currently $625,862.
In Hempstead, NY, how many homes are available?
There are currently 127 active home listings available in Hempstead.
What’s the average rental cost in Hempstead, NY?
The average rental price in Hempstead is $2,595.
What is the most expensive home in Hempstead?
The most expensive home sold in Hempstead had a price of $11,273,456.
What is currently the cheapest priced home in Hempstead, NY?
The cheapest home for sale in Hempstead is priced at $12,758.

Living in Hempstead, NY

Hempstead, NY, is a thriving suburban town located in Nassau County. It is characterized by its rich cultural diversity, and offers a vibrant community lifestyle, complete with parks, convenient shopping, and excellent transportation links to New York City. Educational opportunities and family-friendly amenities make it an attractive place for both families and young professionals.

Current Market Conditions in Hempstead, NY

The Hempstead real estate market is currently experiencing steady growth, with rising home values attributed to the area's desirable location and amenities. The demand for housing remains robust as buyers seek more affordable alternatives to nearby urban centers.

Average home prices have appreciated, and there is an influx of new developments catering to the diverse needs of potential homeowners. Rental prices have also increased due to the area's attractiveness for commuters.

Home Value Estimator For Hempstead, NY

There are currently 8,237 real estate properties in Hempstead, NY, with a median automated valuation model (AVM) price of $605,508.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hempstead, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hempstead, NY, is $625,862.00, with the most expensive house in Hempstead, NY, topping out at $11,273,456.00 and the cheapest home in Hempstead, NY, clocking in at $12,758.00. In other words, there’s something for every potential homebuyer or savvy investor in Hempstead, NY!

Rent Prices In Hempstead, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hempstead, NY, is on a rollercoaster ride. The average rent price in Hempstead, NY, is $2,595.00. Indeed, when looking to rent in Hempstead, NY, you can expect to pay as little as $1,400.00 or as much as $5,240.00, with the average rent median estimated to be $2,590.00. The good news is that finding an affordable and desirable property to rent in Hempstead, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hempstead, NY Foreclosures

Market Trend for Hempstead, NY

Total Listings Available: 127

Market Values:

Home Prices from $12,758 to $11,273,456

Average Sales Price: $625,862

Rental Values:

Rental from $1,400 to $5,240

Average Rent Value: $2,595 / month

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