What is the median home value in the Village of Hempstead, NY?

The median value of owner-occupied homes in the Village of Hempstead, NY is $459,500 (±$13,873), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In the Village of Hempstead, the median home value went from $321,200 in 2015–2019 to $459,500 in 2020–2024 (+43.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$459,500 (±$13,873)
Owner-occupied homes
8,119 (±592)
Most common range
$300,000 to $499,999

Home values in the Village of Hempstead

Owner-occupied homes by value, 2020–2024
ValueVillage of HempsteadNassau CountyNew YorkUnited States
Less than $50,0004.0% (±1.4 points)1.1%3.9%5.3%
$50,000 to $99,9991.3% (±1.0 points)1.1%5.6%6.1%
$100,000 to $149,9991.2% (±0.9 points)0.5%6.7%6.8%
$150,000 to $199,9992.1% (±1.5 points)0.8%8.3%9.0%
$200,000 to $299,9998.2% (±2.8 points)2.4%13.2%17.8%
$300,000 to $499,99945.1% (±5.4 points)14.1%19.7%26.9%
$500,000 to $999,99936.1% (±4.5 points)63.4%30.1%20.9%
$1,000,000 or more1.9% (±1.0 points)16.6%12.6%7.1%

The most common range is $300,000 to $499,999, 45.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

The Village of Hempstead against Nassau County, its state and the nation

Estimate (90% margin of error)
Village of HempsteadNassau CountyNew YorkUnited States
Median home value$459,500 (±$13,873)$684,700 (±$2,833)$423,800 (±$1,627)$332,700
Owner-occupied homes8,119 (±592)375,466 (±2,322)4,196,985 (±19,607)84,210,142

In the Village of Hempstead, the median home value is lower than in Nassau County ($684,700).

It is also higher than in New York ($423,800).

It is higher than the national figure ($332,700).

In Nassau County, the Village of Hempstead ranks 63 of 64 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 139 of 530.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in the Village of Hempstead have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$321,200 (±$8,414)$459,500 (±$13,873)+43.1%Up after inflation
Median owner cost with a mortgage$2,957 (±$96)$3,339 (±$118)+12.9%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near the Village of Hempstead

Nearest places with a published estimate, compared with the Village of Hempstead
PlaceDistanceMedian home valueCompared with this place
Village of Hempstead—$459,500 (±$13,873)—
Uniondale1.6 mi$539,000 (±$26,838)Higher
South Hempstead1.6 mi$601,000 (±$52,572)Higher
West Hempstead1.7 mi$653,600 (±$16,344)Higher
Village of Garden City2.0 mi$1,075,900 (±$48,240)Higher
Garden City South2.2 mi$740,400 (±$53,752)Higher
Lakeview2.4 mi$565,300 (±$42,396)Higher
Roosevelt2.6 mi$477,400 (±$26,164)Not measurably different
Village of Rockville Centre3.0 mi$818,700 (±$22,866)Higher

Nearby places with a measurably higher figure: Uniondale, NY ($539,000), South Hempstead, NY ($601,000), West Hempstead, NY ($653,600).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Nassau County, place by place

RankPlaceMedian home value
57Village of Lynbrook$611,900 (±$15,448)
58Village of South Floral Park$603,400 (±$48,932)
59Village of Roslyn$597,600 (±$275,152)
60Village of Island Park$574,500 (±$61,985)
61Village of Farmingdale$559,700 (±$31,208)
62Village of Freeport$505,900 (±$19,523)
63Village of Hempstead$459,500 (±$13,873)
64Village of Great Neck Plaza$416,100 (±$33,632)

Showing 8 of 64 places in Nassau County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Village of Hempstead

What is the average home value in the Village of Hempstead, NY?

The Census Bureau publishes the median: $459,500 (±$13,873) for owner-occupied homes in the Village of Hempstead (2020–2024 American Community Survey).

Have home values in the Village of Hempstead gone up?

In the Village of Hempstead, the median home value went from $321,200 in 2015–2019 to $459,500 in 2020–2024 (+43.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in the Village of Hempstead sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Hempstead village, New York (place:33139, in state:36).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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