Real Estate Market Update for Hempstead, NY
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 21% from one year earlier, and up 2% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 280-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 63%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 300-thousand dollars. The number of units sold increased 45% year-over-year, and decreased 6% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Hempstead, NY
Area Information for Hempstead, NY
  • Population: 764,518
  • Median Age: 40.84 yr
  • Median Commute Time: 33 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 6,446/sq mi
  • Population Change Since 2000: 1.11%
  • Closest Airport: John F Kennedy International
  • Closest College: Molloy College
  • Closest Jr. College: Nassau Community College
  • Median Household Income: $93,055
  • Annual Residential Turnover: 6%
  • Median Home Sales Price: $376,000
  • Closest Major Sports Team: New York Islanders
  • Change Avg. Household Income Since 2000: 34.7%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Hempstead, NY
Median Age: 40.84 Married: 43% Number of Households: 248,340 Households with Children: 85,475
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Hempstead, NY

      School Name Distance Type Grades School Rating Parent Rating
      Little Red Train Private School 0.3 mi Private PRESCHOOL-K 0 0
      Barack Obama Elementary School 0.3 mi Public 1-5 1 0
      California Avenue Elementary School 0.5 mi Public K-5 2 0
      St Martin De Porres Marianist School 0.5 mi Catholic PRESCHOOL-8 0 0
      Hempstead Early Childhood Center 0.6 mi Public 1-5 0 0
      Jackson Main Elementary School 0.7 mi Public 1-5 1 0
      Jackson Annex School 0.7 mi Public 1-5 0 0
      Alverta B Gray Schultz Middle School 0.8 mi Public 6-8 0 0
      Northern Parkway Elementary School 0.8 mi Public K-5 2 0
      Prospect Elementary School 0.9 mi Public K-5 0 0
      Pat Kam School & Early Childhood Center 0.9 mi Private PRESCHOOL-5 0 0
      Hanc - Middle & High School 1.0 mi Private 7-12 0 3
      Lawrence Road Middle School 1.1 mi Public 6-8 2 5
      Franklin School 1.1 mi Public 1-5 0 0
      Academy Charter School 1.2 mi Public K-6 3 0
      Uniondale High School 1.2 mi Public 9-12 2 3
      Walnut Street Elementary School 1.3 mi Public K-5 2 0
      Crescent School 1.3 mi Private PRESCHOOL-12 0 0
      Evergreen Charter School 1.4 mi Public K-5 3 0
      Turtle Hook Middle School 1.4 mi Public 6-8 1 0
      Smith Street Elementary School 1.4 mi Public K-5 2 0
      Marshall School 1.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Hempstead High School 1.4 mi Public 9-12 1 2
      Sacred Heart Academy 1.5 mi Catholic 9-12 0 4
      Kellenberg Memorial High School 1.5 mi Catholic 6-12 0 4
      David Paterson School 1.5 mi Public - 0 0
      Fulton School 1.5 mi Public 1-5 1 0
      Barnum Woods School 1.7 mi Public K-5 4 0
      William S Covert School 1.9 mi Public K-5 4 0
      St Thomas The Apostle School 2.0 mi Catholic PRESCHOOL-8 0 0
      George Washington School 2.4 mi Public 1-5 3 0
      Chestnut Street School 2.5 mi Public K-2 0 0
      Woodland Middle School 2.5 mi Public 6-8 4 0
      Mcvey Elementary School 2.6 mi Public K-5 5 0
      Hanc - West Hempstead 2.8 mi Private K-6 0 0
      West Hempstead High School 2.9 mi Public 9-12 3 4
      East Meadow High School 3.0 mi Public 9-12 4 4
      West Hempstead Middle School 3.0 mi Public 6-8 2 0
      Big Chiff Nursery School & Camp 3.2 mi Private PRESCHOOL-K 0 0
      Cornwell Avenue School 3.4 mi Public 1-5 3 0
      Meadowbrook Elementary School 3.7 mi Public K-5 4 0
      Parkway School 3.9 mi Public K-5 5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Hempstead, NY
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.