How does Hempstead rank among Houston-area communities on price, supply and pace?
Built from Allen Markel's own listing data · Texas Premier Realty ·
Short answer
Among 39 Houston-area communities with enough sales to compare, Hempstead ranks 26 of 39 on median sale price, last 6 months; 15 of 39 on median price per square foot, last 6 months; 2 of 39 on months of inventory. A rank of 1 means the highest value in the group, which does not mean better. The table shows every measure.
Rank on each measure
How Hempstead ranks among communities with at least 60 closed sales in the last 12 months: Median sale price, last 6 months: $298,000 (ranked 26 of 39, 1 = highest); Median price per square foot, last 6 months: $165 (ranked 15 of 39, 1 = highest); Months of inventory: 9.0 (ranked 2 of 39, 1 = highest); Average cumulative days listed, active homes: 136 (ranked 4 of 39, 1 = highest); Active homes with a price cut: 42% (ranked 31 of 39, 1 = highest); Closed sales, last 12 months: 108 (ranked 37 of 39, 1 = highest).
What a rank means
A rank compares a community with the others in the group; it says nothing about whether a particular home is a fit. Communities at either end of a measure are not better or worse, only different, and the right one depends on your budget, timeline and what you want to own. Every buyer and seller in Hempstead is weighing a different set of trade-offs, and waiting to decide is often the costliest choice. When you are ready to look at weighing communities for a specific address or plan, talk to us to find the right option for your circumstances.
| Measure | Value |
|---|---|
| Median sale price, last 6 months | $298,000 (ranked 26 of 39, 1 = highest) |
| Median price per square foot, last 6 months | $165 (ranked 15 of 39, 1 = highest) |
| Months of inventory | 9.0 (ranked 2 of 39, 1 = highest) |
| Average cumulative days listed, active homes | 136 (ranked 4 of 39, 1 = highest) |
| Active homes with a price cut | 42% (ranked 31 of 39, 1 = highest) |
| Closed sales, last 12 months | 108 (ranked 37 of 39, 1 = highest) |
Common follow-up questions
Which communities are in the comparison?
Cities on this site with at least 60 closed sales in the last 12 months and a median sale price on their community page.
Does a rank of 1 mean better?
No. It means the highest value on that measure, whether that is good or bad depends on what you are looking for.
Sources
Talk it through with Allen
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Related questions
What is the median home price in Hempstead?
Homes that sold in Hempstead over the last six months had a median sale price of $298,000, about $165 per square foot, on 58 closed sales.
Read answerHow many homes are for sale in Hempstead and in which price bands?
Hempstead has 75 homes for sale right now, which is about 9.0 months of supply at the recent pace of sales. By price band that is 42 Under $300K, 13 $300K to $500K, 10 $500K to $750K and 13 $750K+.
Read answerHow long does it take to sell a home in Hempstead?
In Hempstead, homes that sold in the last 12 months averaged between 62 and 238 cumulative days on the market, depending on the month, and the 78 homes for sale now have been listed for an average of…
Read answerIs Hempstead a buyer's market or a seller's market?
By months of inventory, Hempstead is a buyer's market right now: 9.0 months of supply, with 75 homes for sale against 58 sales in the last six months.
Read answerHow many homes sell in Hempstead each month?
About 108 homes closed in Hempstead in the 12 months to August 2026, an average of 9 a month, with 12 in February the busiest month and 7 in September the quietest.
Read answerWhat is the price per square foot for homes in Hempstead?
Homes that sold in Hempstead in the last six months went for a median of $165 per square foot.
Read answer
Answers describe transactions and public data. They are not legal, tax or financial advice.