Is North Hempstead, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Hempstead is a neutral's market

Buyer's
Market

Difference Since December 2020

Since last year, North Hempstead has remained a Neutral 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.

How much do homes in North Hempstead, NY cost?

Median Sold Price

$848,091

$446/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$17,229(+2.1%)

Key Takeaway

Homes in North Hempstead have sold for 2.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $275K$275K
0.0%
2 $530K$545K
+2.8%
3 $775.4K$795K
+2.5%
4 $877.6K$923.5K
+5.2%
5+ $1.5M$1.5M
-0.7%

Median Sold Price Compared To Nearby Cities

North Hills
+22.9%
East Williston
+13.7%
Mineola
+13.7%
Williston Park
+10.2%
North Hempstead
+2.1%

How many homes are available in North Hempstead, NY?

Number of Homes For Sale

Nov 2021Dec 2021%
1,4931,390-6.9%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 153140
-8.5%
2 187173
-7.5%
3 335307
-8.4%
4 448415
-7.4%
5+ 370355
-4.1%

Number of Homes Sold

Nov 2021Dec 2021%
209216+3.3%

Asking Price vs. Sold Price

145 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

51 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Hempstead, you may be able to get a good deal. 67.1% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
79 Days73 Days-6.6%

Breakdown of Home Sale Times

80 Homes Were Sold
Under 30 Days

76 Homes Were Sold
In 30 - 90 Days

60 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Hempstead are selling fast, if you're buying plan to act quickly.

66 Primrose Dr, New Hyde Park, NY 11040

66 Primrose Dr, New Hyde Park, NY 11040

$1,088,000~$4,100/mo.*
4 Beds • 3 Baths1,578 SqFt
#3371492Listing Office:
Re/Max TeamMLS logo
12 Peachtree Ln, Roslyn, NY 11576

12 Peachtree Ln, Roslyn, NY 11576

$2,350,000~$8,850/mo.*
4 Beds • 6 Baths3,855 SqFt
#3371392Listing Office:
Daniel Gale Sothebys Intl RltyMLS logo
17 Fairfield Ave, Mineola, NY 11501

17 Fairfield Ave, Mineola, NY 11501

$879,989~$3,300/mo.*
5 Beds • 2 Baths2,100 SqFt
#3371385Listing Office:
Douglas Elliman Real EstateMLS logo
2 Grosvenor Pl, Great Neck, NY 11021

2 Grosvenor Pl, Great Neck, NY 11021

$1,768,000~$6,650/mo.*
5 Beds • 5 Baths3,900 SqFt
#3371367Listing Office:
Edna Mashaal Realty LlcMLS logo
4611 Westminster Rd, Great Neck, NY 11020

4611 Westminster Rd, Great Neck, NY 11020

$999,000~$3,750/mo.*
3 Beds • 3 Baths1,450 SqFt
#3371301Listing Office:
Voro LlcMLS logo
43 Hanover Ct Unit 43, Manhasset, NY 11030

43 Hanover Ct Unit 43, Manhasset, NY 11030

$1,495,000~$5,600/mo.*
3 Beds • 3 Baths2,935 SqFt
#3371236Listing Office:
Compass Greater Ny LlcMLS logo
291 Wellington Rd, Mineola, NY 11501

291 Wellington Rd, Mineola, NY 11501

$599,000~$2,250/mo.*
2 Beds • 1 Bath1,601 SqFt
#3371010Listing Office:
Douglas Elliman Real EstateMLS logo
151 Mill Spring Rd, Manhasset, NY 11030

151 Mill Spring Rd, Manhasset, NY 11030

$1,998,000~$7,500/mo.*
4 Beds • 4 Baths3,129 SqFt
#3371177Listing Office:
Compass Greater Ny LlcMLS logo
19 Barstow Rd Unit E, Great Neck, NY 11021

19 Barstow Rd Unit E, Great Neck, NY 11021

$375,000~$1,400/mo.*
2 Beds • 2 Baths
#3371164Listing Office:
Island Advantage Realty LlcMLS logo
21 Barstow Rd Unit 3J, Great Neck, NY 11021

21 Barstow Rd Unit 3J, Great Neck, NY 11021

$448,000~$1,700/mo.*
2 Beds • 1 Bath
#3371139Listing Office:
Daniel Gale Sothebys Int'LMLS logo
26 Van Nostrand Ave, Great Neck, NY 11024

26 Van Nostrand Ave, Great Neck, NY 11024

$799,000~$3,000/mo.*
4 Beds • 2 Baths
#3371130Listing Office:
Winzone Realty IncMLS logo
99 Pond View Dr Unit 141, Port Washington, NY 11050

99 Pond View Dr Unit 141, Port Washington, NY 11050

$719,000~$2,700/mo.*
2 Beds • 2 Baths
#3371042Listing Office:
Daniel Gale Sothebys Intl RltyMLS logo

About North Hempstead, NY

North Hempstead, NY has 1,390 homes on the market. The number of listings in North Hempstead, NY decreased by 6.9% between November 2021 and December 2021. In December 2021 median list price was $848,091 and the average listing age was 73 days. This housing market listing prices have changed between November 2021 and December 2021: 1 bedroom properties did not move, prices of 2 bedrooms properties increased by 2.8%, prices of 3 bedrooms properties increased by 2.5%, 4 bedrooms properties became 5.2% more expensive, 5 bedrooms properties became 0.7% more cheaper. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 8.5%, 2 bedrooms homes inventory decreased by 7.5%, volume of 3 bedrooms homes went down by 8.4%, 4 bedrooms homes inventory decreased by 7.4%, number of 5 bedrooms homes decreased by 4.1%. In December 2021 more than 51 listings in North Hempstead, NY were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 145 were sold below.

MLS Disclaimers and Copyright

Based on information from OneKey MLS, and Brooklyn MLS for the period 01/01/2020 - 01/01/2022

Broker ReciprocityThe 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 source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2022, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/23/2022, 11:55:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2022 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/23/2022, 11:55:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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