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Foreclosures in Hempstead, NY 11520

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Hempstead, NY Foreclosures

Current Market Conditions in in Hempstead, NY As of April 2026?
Over the past month, Hempstead's real estate market has shown signs of continued growth, with sales prices increasing by approximately 5% compared to the previous month. The inventory remains low, which continues to put upward pressure on pricing. As mortgage rates fluctuate, many potential buyers are rushing to secure properties before further rate increases, leading to heightened competition.
How much do homes sell for in Hempstead, NY?
The average home price is currently $617,324.
In Hempstead, NY, how many homes are available?
There are currently 151 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 $11,214,087.
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, offers a vibrant suburban lifestyle with diverse communities, excellent educational institutions, and abundant recreational activities. It is conveniently located with access to New York City, making it an attractive area for families and young professionals.

Buyer vs Seller Market in Hempstead, NY

The real estate market in Hempstead has been characterized by a steady increase in property values over the past year, primarily driven by its desirable location and lower-than-average housing inventory. The demand for homes has surged as families seek more space and amenities post-pandemic.

Rental properties are also in high demand, resulting in competitive pricing within the rental market. Buyers are particularly interested in single-family homes and condos, leading to quicker sales and multiple offer situations.

Home Value Estimator For Hempstead, NY

There are currently 8,259 real estate properties in Hempstead, NY, with a median automated valuation model (AVM) price of $599,362.00. 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 $617,324.00, with the most expensive house in Hempstead, NY, topping out at $11,214,087.00 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 11520 Foreclosures

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