South Hempstead, NY Foreclosures
How much do homes sell for in South Hempstead, NY?
The average home price is currently $660,425.
In South Hempstead, NY, how many homes are available?
There are currently 7 active home listings available in South Hempstead.
What’s the average rental cost in South Hempstead, NY?
The average rental price in South Hempstead is $2,591.
What is the most expensive home in South Hempstead?
The most expensive home sold in South Hempstead had a price of $3,146,458.
What is currently the cheapest priced home in South Hempstead, NY?
The cheapest home for sale in South Hempstead is priced at $14,482.
Living in South Hempstead, NY
South Hempstead, NY, is a quaint village in Nassau County with a warm community spirit and a suburban atmosphere. The village features ample access to parks and recreational areas, along with a variety of local amenities that cater to families and residents. With its ideal location, South Hempstead combines the charm of small-town living with proximity to urban conveniences.
Current Market Conditions in South Hempstead, NY
The real estate market in South Hempstead has shown steady growth over the past year, with home values increasing as more buyers seek properties in this desirable village. The demand for family homes has particularly risen, as buyers are attracted to the area's community-focused lifestyle and excellent schools. The current market is competitive, with properties often receiving multiple offers, indicating a strong interest in the local housing market.
In comparison to the previous year, the number of homes sold in South Hempstead has increased, reflecting a positive trend in buyer activity and investment in the area. The homes are primarily single-family residences, catering to families looking for spacious living.
Home Value Estimator For South Hempstead, NY
There are currently 762 real estate properties
in South Hempstead, NY,
with a median automated valuation model (AVM) price
of $655,403.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in South 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 South Hempstead, NY,
is $660,425.00, with the most expensive house
in South Hempstead, NY, topping out
at $3,146,458.00 and the cheapest home
in South Hempstead, NY,
clocking in at $14,482.00. In other words, there’s
something for every potential homebuyer
or savvy investor in South Hempstead, NY!
Rent Prices
In South Hempstead, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in South Hempstead, NY, is on
a rollercoaster ride. The
average rent price in South Hempstead, NY,
is $2,591.00. Indeed, when looking to rent in
South Hempstead, NY, you can expect to pay as little
as $1,500.00 or as much
as $3,200.00,
with the average rent median estimated to
be $2,600.00. The good news is that finding
an affordable and desirable property to rent in South 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.
Learn more on Foreclosure homes
