In-depth Real Estate Data: Major Markets

Hempstead Research, Pricing, and Statistics

From May 26th, 2024 through November 22nd, 2024

Units Sold:

44

Average Sold Price:

$862,148

Average Sold Discount:

6%

Average Price Reduction:

4%

Average DOM:

157

The Hempstead market area offers a diverse range of homes, with 21 properties currently for sale. Prices range from $65,000 to $1,199,000, with an average list price of $487,521. Homes vary in size from 680 to 4,454 sq ft, providing options for different lifestyles and budgets.

Active Listings

22

Average List Price

$478,114

Typical List Price

$266k to $597k

Homes Listed per Price Range

A visual list price spectrum representation

$200kto$366k$366kto$532k$532kto$698k$698kto$863k$863kto$1.0M$1.0Mto$1.2M
202493722

Sold Listings

44

Average Selling Price

$862,148

Typical Selling Price

$170k to $433k

Homes Sold per Price Range

A visual sold price spectrum representation

$31kto$774k$774kto$1.5M$1.5Mto$2.3M$2.3Mto$3.0M$3.0Mto$3.7M$3.7Mto$4.5M$4.5Mto$5.2M$5.2Mto$6.0M$6.0Mto$6.7M$6.7Mto$7.5M$7.5Mto$8.2M$8.2Mto$9.0M$9.0Mto$9.7M$9.7Mto$10.4M$10.4Mto$11.2M$11.2Mto$11.9M$11.9Mto$12.7M$12.7Mto$13.4M$13.4Mto$14.2M$14.2Mto$14.9M
20243722112

Average Sold Price per Sq Ft

$222

Typical Sold Price per Sq Ft

$166 to $239

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$104to$1,318$1,318to$2,532$2,532to$3,745$3,745to$4,959$4,959to$6,173$6,173to$7,386
20241712

Average Days to Sell

157

Typical Days to Sell

18 to 216

Days on the Market Distribution

The number of homes sold in each DOM range

to112112to225225to337337to449449to562562to674674to786786to898898to931
202422115322

Average Price Reduction

4%

Typical Price Reduction

0% to 4%

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

0%to2%2%to5%5%to7%7%to9%9%to11%11%to14%14%to16%16%to18%18%to20%20%to23%23%to25%25%to27%27%to30%30%to32%32%to34%34%to36%36%to39%39%to41%41%to43%43%to45%
20245644541111112

Average Discount from Original List

6%

Typical Sold Discount from Original List

0% to 11%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-20%to-14%-14%to-8%-8%to-2%-2%to4%4%to10%10%to16%16%to22%22%to28%28%to34%34%to40%40%to40%
20242220762212

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-20%to-17%-17%to-14%-14%to-11%-11%to-8%-8%to-5%-5%to-2%-2%to1%1%to4%4%to7%7%to10%10%to13%13%to16%16%to19%19%to22%22%to25%25%to28%28%to31%31%to34%34%to37%37%to40%
2024221197451112

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.