$4,750,000
1.40 Acres
Land
Listing Office: S Sharf Realty Inc
Is Town of North Hempstead, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Town of North Hempstead was a Seller's Market.
Key Takeaway
Town of North Hempstead is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Town of North Hempstead, NY
How much do homes in Town of North Hempstead, NY cost?
Median Sold Price
$985,000
$541/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$91,065(+10.2%)
Key Takeaway
Homes in Town of North Hempstead have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Town of North Hempstead was $985,000 in November 2024, up 10.2% from last year, and the median price per square foot was $541.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $286K | $316K | +10.5% |
| 2 Bedrooms | $550K | $570K | +3.6% |
| 3 Bedrooms | $846K | $956.6K | +13.1% |
| 4 Bedrooms | $991K | $1.0M | +8.6% |
| 5+ Bedrooms | $1.5M | $2.0M | +27.2% |
Summary: Town of North Hempstead housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 27.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Manhasset | $1.3M | $1.6M | +16.6% |
| Town of North Hempstead | $893.9K | $985K | +10.2% |
| Port Washington | $994.5K | $1.0M | +7.3% |
| Roslyn Heights | $1.2M | $1.1M | -9.1% |
Housing Supply in Town of North Hempstead, NY
How many homes are available in Town of North Hempstead, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 961 | 931 | -3.1% |
Summary: The Town of North Hempstead real estate market had 931 homes for sale in November 2024, a 3.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 86 | 80 | -7.0% |
| 2 Bedrooms | 111 | 114 | +2.7% |
| 3 Bedrooms | 239 | 227 | -5.0% |
| 4 Bedrooms | 274 | 268 | -2.2% |
| 5+ Bedrooms | 251 | 242 | -3.6% |
Summary: The Town of North Hempstead housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 3.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 155 | 112 | -27.7% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Town of North Hempstead, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.
Summary: A total of 112 homes were sold or pending in Town of North Hempstead in November 2024, down by 27.7% month-over-month. Of the 112 sold homes, 54% were sold under asking, 13% were sold at asking, and 34% were sold over asking.
Days on Market for Town of North Hempstead, NY
How long does it take to sell a home in Town of North Hempstead, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 51 Days | -30.9% |
Summary: Homes in Town of North Hempstead had an average of 51 days on market in Nov 2024, down by 30.9% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Town of North Hempstead are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 112 homes were sold in Town of North Hempstead; 53% of homes were sold within 30 days, 31% 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 
Copyright © 2024 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Columbia Greene Northern Dutchess Multiple Listing Service. All rights reserved.