Hempstead Real Estate Market Trends
Market Overview for Quarter 2, 2024
Median Sale Price
10.7% YoY
Median Price/Sqft
7.6% YoY
No. of Transactions
-9.6% YoY
County Median Sale Price
11.9% YoY
In Q2, the median home sale price in Hempstead was $675K, an increase of 10.7% year-over-year. By contrast, sales activity trended down with 1073 deals closed, representing a decline of -9.6% compared to the same period last year. The median price per square foot in Q2 was $440, a change of 7.6% year-over-year, while the median sale price in Nassau County was $750K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Nassau County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Garden City | $1,300,000 |
| 2 | Rockville Centre | $830,000 |
| 3 | Glen Cove | $810,000 |
| 4 | Long Beach | $765,000 |
| 5 | Lynbrook | $715,000 |
| 6 | Hempstead | $675,000 |
| 7 | Valley Stream | $667,500 |
| 8 | East Rockaway | $620,000 |
Residential Property Types Sold in Hempstead
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $597K | 4.8% | $502 | 8.4% | 44 |
| House | $675K | 9.8% | $437 | 7.6% | 1,029 |
The Q2 median sale price for Hempstead houses was $675K, increasing 9.8% year-over-year. While the median for houses was trending up, condo prices in Hempstead remained flat year-over-year at $597K.
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