Photo: Joe Mabel · CC BY-SA 3.0224 homes sold in Hempstead in the last year, at a typical $645K
Redfin reports Hempstead’s sales by ZIP code, so these figures are for ZIP 11550, which takes in Hempstead and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hempstead homes are listed.
Every place Hempstead homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Hempstead.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
9% of Hempstead’s sales are condos, at $372K less than a house
195 houses and 20 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.
typical sale · 195 sold in 12 months
- Per square foot
- $432NY $316
- Days to sell
- 49
- Sold over asking
- 53%
typical sale · 20 sold in 12 months
- Per square foot
- $351NY $832
- Days to sell
- 35
- Sold over asking
- 33%
Fewer homes sell than a decade ago, at 2.5 times the 2016 price
224 sales in the last year, against 369 in 2019 and a low of 151 in 2012. The typical sale went from $259K in 2016 to $645K.
Source: Redfin Data Center, MLS sales; for ZIP 11550, which takes in Hempstead and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $650K buys in Hempstead
Check a listing against what Hempstead homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Hempstead are more common than before the pandemic, but 58% fewer homes come up for sale
We read every month of home sales in ZIP 11550 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 224 sales.
If you’re buying in Hempstead
- Shop in April. It brings about 39 new listings a month, close to the busiest month, with fewer bidding wars (33% over asking).
- Bid near asking. Buyers paid 99.9% of the list price on average; 51% paid over.
- You’ll usually have time. Only 4% of homes go under contract within two weeks; the typical one takes 48 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 40 a month), but July is the most competitive: 38% of July sales close over asking. March and April offer nearly as much choice with fewer homes bid up (35%). January has the least competition (33%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than New York
| Hempstead now | 2017–19 | 2021 peak | NY now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 51% | 29% | 43% | 41% |
| Gone within two weeksShare of homes under contract within 14 days | 4% | 5% | 9% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 20% |
| Price paid vs. askingAverage sale price ÷ list price | 99.9% | 97.7% | 99.3% | 101% |
| Days to sellMedian days from listing to contract | 48 | 76 | 42 | 41 |
68 homes for sale on a typical day
That’s 58% fewer than in 2017–19 and well under 2012’s 249.
Since 2019, houses are up 81%, condos 68%
A house typically sold for $654K in the last year (195 sales), a condo for $282K (20).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 11550, which takes in Hempstead and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in May
The month with the most choice. January has the fewest, about 31.
Best time to buySchools
The schools grade for Hempstead, from test results, graduation and how much students grow.
Schools in HempsteadTypical commute
The average one-way trip to work for people who live in Hempstead.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Garden City for far more
The busier markets within 25 miles of Hempstead, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Hempstead (ZIP 11550) | 224 | $645K | $418 | 51% | 48 |
| Garden City | 211 | $1.4M | $687 | 51% | 21 |
| Uniondale | 109 | $705K | $508 | 57% | 36 |
| West Hempstead | 109 | $785K | $482 | 47% | 30 |
| Roosevelt | 86 | $670K | $428 | 59% | 53 |
| Lakeview | 47 | $760K | $422 | 36% | 60 |
| Garden City South | 26 | $902K | $511 | 35% | 35 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Hempstead, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hempstead. People who follow the town see it, and so do people comparing Hempstead with their own town. No commission, no listing fee.
Questions about buying a home in Hempstead
What do homes sell for in Hempstead, NY?
224 homes sold in the year to May 2026 at a typical $645K, $418 a square foot. Houses sold for about $654K, condos for about $282K.
Is Hempstead a buyer’s or seller’s market?
A seller’s market: 60 homes were for sale in May 2026 and 20 sold, about 3 months of supply. Buyers paid 99.9% of asking on average.
When is the best time to buy in Hempstead?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Hempstead?
Zillow, Redfin, Realtor.com and Homes.com all carry Hempstead’s MLS listings; the search links above open each one filtered to Hempstead.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 11550, which takes in Hempstead and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).