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Featured local agent — Hempstead, TX
Sarah Mitchell
Compass Real Estate · Hempstead, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hempstead, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$123,700median sale price
How is the Hempstead, TX housing market right now?
The median home sale price in Hempstead, TX is $123,700, down 41.4% year-over-year. Homes sell in an average of 145 days with 35 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 Hempstead a buyer's or seller's market?
Hempstead, TX is currently a buyer's market, based on 17.5 months of supply and homes selling in about 145 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
145
Average pace
Active listings
35
17.5 months supply
Sale-to-list
87.1%
Below asking
What does the Hempstead housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $123,700 |
| Median list price | $226,000 |
| Year-over-year price change | -41.4% |
| Average days on market | 145 days |
| Active inventory | 35 listings |
| Months of supply | 17.5 months |
| Sale-to-list price ratio | 87.1% |
| Median price per sq ft | $106/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 5 |
| Listings with a price cut | 34.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Hempstead by property type?
How the Hempstead, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $123,700 | $106/sq ft | 2 | 145 days |
Source: Redfin · Updated monthly
The Hempstead housing market is currently classified as a buyer's market with a median sale price of $123,700. Prices have fallen 41.4% compared to last year, with homes spending an average of 145 days on market, indicating 17.5 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 5.1x provides context for how home values compare to local earning capacity.
Homes for sale in Hempstead
There are currently 35 homes listed for sale in Hempstead, Texas. The median listing price is $226K.
Active listings
35
Homes on market
Median list price
$226K
Avg. days on market
145
Days until sale
New this week
5
Newly listed
Who lives in Hempstead?
Population
5,899
Median income
$58,288/yr
Median age
27.2 years
Owner-occupied
33.4%
College grads
7.7%
Avg commute
32.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Hempstead?
Zillow home value
$294,489
Price-to-income
5.1x
Source: Zillow Research
What is it like to live in Hempstead?
Hempstead is a community of approximately 6K residents with a median age of 27.2 years.The median household income is $58,288, which represents a working-class community with solid middle-income opportunities. 7.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 33.4%, showing a blend of owner and renter-occupied properties. The average commute time is 32.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Hempstead offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hempstead?
5 schools tracked · 2,354 students
The largest public schools serving Hempstead, TX 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.
HEMPSTEAD EL
Grades PK-5 · 812 students
H T JONES EL
Grades PK-5 · 760 students
HEMPSTEAD H S
Grades 9-12 · 447 students
HEMPSTEAD MIDDLE
Grades 6-8 · 323 students
SAFE HAVEN
Grades 6-11 · 12 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 Hempstead, TX?
Want a head-to-head view? Compare 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 Hempstead?
The median home sale price in Hempstead is $123,700, down 41.4% from last year.
How long do homes stay on market in Hempstead?
Homes typically spend 145 days on market before going under contract.
What is the median income in Hempstead?
The median household income is $58,288 per year.
Is Hempstead a buyer's or seller's market?
With 17.5 months of supply, Hempstead is currently a buyer's market.
What is the Zillow home value estimate for Hempstead?
The Zillow Home Value Index (ZHVI) for Hempstead is $294,489, representing the typical home value in the area.
How much does a single-family home cost in Hempstead?
The median single-family home price in Hempstead, TX is $123,700 (about $106 per square foot).
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