Home prices
The price of the median home in Hempstead is $321,200. This is roughly $216,140 (40%) lower in comparison to the surrounding areas.It is approximately $103,700 (47%) higher in comparison to the US as a whole, and is approximately $284,800 (46%) lower in comparison to the city of New York.
Rents
Hempstead's median monthly rent is $1,450. Compared to other places in this area this is roughly $1,194 (45%) lower.It is approximately $388 (36%) higher compared to the rest of the country, and it is is very similar compared to the city of New York.
Nearby places
Uniondale
Uniondale is Hempstead's neighbor to the northeast. Its real estate prices are a bit more expensive. The median home cost in Uniondale is $361,000, which is $39,800 (11%) higher than Hempstead. Rents there are a bit more expensive. In Uniondale the median monthly rent is $1,933, which is $483 (24%) higher than Hempstead.
West Hempstead
West Hempstead is Hempstead's neighbor to the west. The real estate prices there are a little more expensive. West Hempstead's median home value is $461,300, which is $140,100 (30%) higher than Hempstead. Its rents are a bit more expensive. West Hempstead's median monthly rent is $1,923, which is $473 (24%) higher than Hempstead.
South Hempstead
South Hempstead is Hempstead's neighbor to the south. The housing prices there are somewhat more expensive. South Hempstead's median home price is $434,500, which works out to $113,300 (26%) higher than Hempstead. Rent there is substantially more expensive. South Hempstead's median rent is $2,522 a month, which works out to $1,072 (42%) higher than Hempstead.
Garden City
Garden City is Hempstead's neighbor to the northwest. The housing prices there are substantially more expensive. The median home in Garden City is valued at $860,000, which comes out to $538,800 (62%) higher than Hempstead. Its rents are substantially more expensive. Garden City's median rent is $3,342 a month, which works out to $1,892 (56%) higher than Hempstead.
Garden City South
Garden City South is approximately 1 mile west from Hempstead. Housing prices there are a lot more expensive. The median home in Garden City South costs $569,900, which comes out to $248,700 (43%) higher than Hempstead. Its rents are a lot more expensive. In Garden City South the median monthly rent is $3,501, which works out to $2,051 (58%) higher than Hempstead.
