In-depth Real Estate Data: Major Markets

Hempstead Research, Pricing, and Statistics

From July 28th, 2024 through January 24th, 2025

Units Sold:

37

Average Sold Price:

$343,471

Average Sold Discount:

9%

Average Price Reduction:

3%

Average DOM:

134

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

27

Average List Price

$550,285

Typical List Price

$229k to $610k

Homes Listed per Price Range

A visual list price spectrum representation

$55kto$479k$479kto$903k$903kto$1.3M$1.3Mto$1.8M$1.8Mto$2.2M$2.2Mto$2.6M
2025131122

Sold Listings

37

Average Selling Price

$343,471

Typical Selling Price

$105k to $270k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$129k$129kto$256k$256kto$383k$383kto$510k$510kto$637k$637kto$764k$764kto$891k$891kto$1.0M$1.0Mto$1.1M$1.1Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.2M$2.2Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.5M
20251017331112

Average Sold Price per Sq Ft

$227

Typical Sold Price per Sq Ft

$156 to $234

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$225$225to$450$450to$674$674to$898$898to$1,122$1,122to$1,346
202511312

Average Days to Sell

134

Typical Days to Sell

13 to 197

Days on the Market Distribution

The number of homes sold in each DOM range

to110110to221221to331331to442442to488
20251713422

Average Price Reduction

3%

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%to12%12%to14%14%to16%16%to18%18%to21%21%to23%23%to25%25%to27%
20252432412

Average Discount from Original List

9%

Typical Sold Discount from Original List

3% to 18%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-23%to-13%-13%to-4%-4%to6%6%to15%15%to24%24%to34%34%to40%
20251196822

Average Discount from Last List

6%

Typical Sold Discount from Last List

0% to 9%

Negotiated Disocunts from Final List Price

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

-23%to-17%-17%to-12%-12%to-7%-7%to-1%-1%to4%4%to10%10%to15%15%to21%21%to26%26%to32%32%to37%37%to40%
20251116105212

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.