Why Live in Hempstead
Hempstead is a historic transportation hub with a rich history in health care and higher education. The neighborhood features a spiderweb of roads and the Hempstead Branch of the Long Island Rail Road, making it a bustling center for commuters. The 2022 master plan aims to transform downtown into a walkable business district with retail shops, eateries, and amenities. Major medical institutions like NYU Langone Hospital and Hofstra University, Long Island's largest private college, contribute to the area's strong health care and education sectors. The Village Green downtown is set to become a focal point with plans for an amphitheater, ice rink, splash pad, and historical kiosks. Kennedy Memorial Park offers a skate park, playground, sports fields, and indoor facilities, while Hempstead Golf & Country Club provides an 18-hole course, swimming pool, tennis courts, and bowling alley. Shopping options include large grocers like CTown Supermarkets and Bravo Supermarkets, with a concentration of retail around Hempstead Village Commons. Fulton Avenue is lined with locally owned eateries, and Roosevelt Field, a 10-minute drive north, offers extensive indoor shopping. Commuters benefit from the Hempstead Long Island Rail Road station and Rosa Parks Transit Center, with JFK International Airport 12 miles west. Residential areas feature quiet streets with ranch-style, Cape Cod-influenced, and colonial homes. However, residents have raised concerns about water quality and gang violence, prompting calls for federal intervention and ongoing crime reduction efforts.
Home Trends in Hempstead, NY
On average, homes in Hempstead, NY sell after 53 days on the market compared to the national average of 50 days. The median sale price for homes in Hempstead, NY over the last 12 months is $639,500, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$639,500
Median Single Family Sale Price
$660,000
Median Townhouse Sale Price
$732,000
Median 2 Bedroom Sale Price
$324,500
Median 1 Bedroom Sale Price
$225,000
Average Price Per Sq Ft
$450
Number of Homes for Sale
44
Last 12 months Home Sales
166
Median List Price
$629,999
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
7%