$8,313 Closing Credit*
$700,000
1,848 SqFt
3 Beds
•2 Full Baths
Listing Office: Leatherman Homes
Is North Hempstead, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, North Hempstead was a Seller's Market.
Key Takeaway
North Hempstead is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in North Hempstead, NY
How much do homes in North Hempstead, NY cost?
Median Sold Price
$989,881
$542/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$89,738(+10.0%)
Key Takeaway
Homes in North Hempstead have sold for 10% more than they did a year ago.
Summary: The median home sold price in North Hempstead was $989,881 in October 2024, up 10% from last year, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $321.5K | +12.8% |
| 2 Bedrooms | $575K | $575K | 0.0% |
| 3 Bedrooms | $848.5K | $966K | +13.8% |
| 4 Bedrooms | $994.1K | $1.0M | +8.7% |
| 5+ Bedrooms | $1.6M | $1.9M | +24.2% |
Summary: North Hempstead housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 24.2%.
Median Sold Price Compared To Nearby Cities
| North Hills | $1.5M | $1.7M | +15.0% |
| North Hempstead | $900.1K | $989.8K | +10.0% |
| Williston Park | $755K | $830K | +9.9% |
| Mineola | $660K | $682K | +3.3% |
Housing Supply in North Hempstead, NY
How many homes are available in North Hempstead, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,022 | 1,008 | -1.4% |
Summary: The North Hempstead real estate market had 1,008 homes for sale in October 2024, a 1.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 88 | 90 | +2.3% |
| 2 Bedrooms | 113 | 115 | +1.8% |
| 3 Bedrooms | 242 | 243 | 0.4% |
| 4 Bedrooms | 307 | 284 | -7.5% |
| 5+ Bedrooms | 272 | 276 | +1.5% |
Summary: The North Hempstead housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 1.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 166 | 145 | -12.7% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
58 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Hempstead, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.
Summary: A total of 145 homes were sold or pending in North Hempstead in October 2024, down by 12.7% month-over-month. Of the 145 sold homes, 52% were sold under asking, 8% were sold at asking, and 40% were sold over asking.
Days on Market for North Hempstead, NY
How long does it take to sell a home in North Hempstead, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 57 Days | -13.3% |
Summary: Homes in North Hempstead had an average of 57 days on market in Oct 2024, down by 13.3% compared to last year.
Breakdown of Home Sale Times
71 Homes Were Sold
Under 30 Days
51 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Hempstead are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 145 homes were sold in North Hempstead; 49% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally