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Featured local agent — South Hempstead, NY
Sarah Mitchell
Compass Real Estate · South Hempstead, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Hempstead, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$760,000median sale price
How is the South Hempstead, NY housing market right now?
The median home sale price in South Hempstead, NY is $760,000. Homes sell in an average of 115 days with 4 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is South Hempstead a buyer's or seller's market?
South Hempstead, NY is currently a buyer's market, based on 4.0 months of supply and homes selling in about 115 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
115
Average pace
Active listings
4
4.0 months supply
Sale-to-list
95.1%
Below asking
What does the South Hempstead housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $760,000 |
| Median list price | $714,500 |
| Average days on market | 115 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 95.1% |
| Median price per sq ft | $260/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 4 |
| Listings with a price cut | 25.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in South Hempstead by property type?
How the South Hempstead, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $760,000 | $260/sq ft | 1 | 115 days |
Source: Redfin · Updated monthly
The South Hempstead housing market is currently classified as a buyer's market with a median sale price of $760,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 115 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in South Hempstead
There are currently 4 homes listed for sale in South Hempstead, New York. The median listing price is $714K.
Active listings
4
Homes on market
Median list price
$714K
Avg. days on market
115
Days until sale
New this week
4
Newly listed
Who lives in South Hempstead?
Population
3,350
Median income
$175,741/yr
Median age
45 years
Owner-occupied
96.3%
College grads
45.3%
Avg commute
33.5 min
Source: U.S. Census Bureau ACS
What are homes worth in South Hempstead?
Zillow home value
$717,655
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in South Hempstead?
South Hempstead is a community of approximately 3K residents with a median age of 45 years.The median household income is $175,741, which reflects a relatively affluent area with strong earning potential. 45.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 96.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, South Hempstead offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve South Hempstead?
1 schools tracked · 283 students
The largest public schools serving South Hempstead, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
WILLIAM S COVERT SCHOOL
Grades K-5 · 283 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near South Hempstead, NY?
Want a head-to-head view? Compare South Hempstead side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in South Hempstead?
The median home sale price in South Hempstead is $760,000, down 0.0% from last year.
How long do homes stay on market in South Hempstead?
Homes typically spend 115 days on market before going under contract.
What is the median income in South Hempstead?
The median household income is $175,741 per year.
Is South Hempstead a buyer's or seller's market?
With 4.0 months of supply, South Hempstead is currently a buyer's market.
What is the Zillow home value estimate for South Hempstead?
The Zillow Home Value Index (ZHVI) for South Hempstead is $717,655, representing the typical home value in the area.
How much does a single-family home cost in South Hempstead?
The median single-family home price in South Hempstead, NY is $760,000 (about $260 per square foot).
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