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Buyers are drawn to Hempstead for Hofstra University, one of Long Island's largest employers and educational anchors, and for direct LIRR service from Hempstead station to Grand Central Madison and Penn Station in Manhattan. The Rosa Parks Hempstead Transit Center adds a major regional bus hub, and a multi-million dollar downtown revitalization effort is reshaping the village core. Compared to many other Nassau County communities, Hempstead also offers relatively attainable home prices for buyers who want Long Island schools and commuter rail access without the highest price tags.
Sellers across Hempstead benefit from a competitive market where nearly 60% of homes sell above asking price and the average home sells for more than its list price. Homes in Hempstead Gardens and Plymouth Hempstead Gardens have seen strong demand, while well-located homes near the LIRR station in Hempstead Village continue to draw commuter-focused buyers.
With Hofstra University, LIRR access, and an active downtown revitalization effort all continuing, Hempstead should remain a steady draw for buyers seeking Nassau County access at a relative discount. Expect days on market to stay short and competition to remain strong, even as price growth moderates from recent years.
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The terms are often used similarly in everyday searches, but there is an important distinction. A real estate agent is a licensed real estate professional, while REALTOR is a trademarked term that refers specifically to real estate professionals who are members of the National Association of REALTORS.
Find A Black Agent helps buyers, sellers, investors, and relocating clients connect with licensed Black real estate professionals across the country. Some FABA agents are REALTORS, while others may not be members of the National Association of REALTORS.
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