What is the median home price in Hempstead?
Built from Allen Markel's own listing data · Texas Premier Realty ·
Short answer
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. Over the 12 months to August 2026, the monthly median ran from $243,500 in August to $373,000 in March. A median is the middle sale, so half of the homes sold for more and half for less.
What the median sale price is
The headline figure is the median sale price of the 58 homes that closed in Hempstead in the last six months: $298,000. The 12 monthly medians to August 2026 ranged from $243,500 to $373,000, and the most recent full month (August) came in at $243,500. On median sale price, Hempstead is in the middle of the pack (ranked 26 of 39 communities with enough sales to compare). The median moves with the mix of homes that happen to close in a month, so one month says less than the six-month view.
How to use it
Homes for sale now are spread across price bands, with the largest group in the Under $300K range (42 of 78 active listings). A buyer comparing a listing with the median should compare against its own band and size, and a seller should price against the newest closings nearby, not the citywide middle. 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 a price for a home in this market 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 |
| Closed sales, last 6 months | 58 |
| Median price per square foot, last 6 months | $165 |
| Lowest monthly median (August) | $243,500 |
| Highest monthly median (March) | $373,000 |
| Latest full month (August) | $243,500 |
Common follow-up questions
Is the median the same as the average price in Hempstead?
No. The median is the middle sale: half of homes sold for more and half for less. It is less affected by a few very high or very low sales.
How often does this change?
The figures are refreshed from our listing data as sales close, so the number on the community page can move from week to week.
Sources
Talk it through with Allen
A short call can turn a general answer into one for your address, your timeline and your numbers.
Related questions
How 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 answerHow common are price cuts in Hempstead?
About 42% of the 78 homes for sale in Hempstead right now have had at least one price cut.
Read answer
Answers describe transactions and public data. They are not legal, tax or financial advice.