West Hempstead, NY—11552
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Hempstead, NY
As of Oct '25, the median home price in West Hempstead, NY is $763,000, with a year-over-year change of 4.6%. This indicates that home prices in West Hempstead, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $763,000 | 4.6% |
| Single Family | $764,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $646,000 | 5.0% |
3 Bed | $752,000 | 3.9% |
4 Bed | $796,000 | 3.8% |
| 5 Bed | $919,000 | 4.4% |
% of Housing Stock
Rental Trends — West Hempstead, NY
As of July '25, Rentcast reports the average rent in West Hempstead, NY is $3,800, with a year-over-year rent change of 13.1%. Per bedroom, the median rent as of July '25 in West Hempstead, NY is 1-bedrooms: $2,350, 3-bedrooms: $3,580, 4-bedrooms: $4,120. The most common rental property sizes in West Hempstead, NY are 3-bedroom and 2-bedroom, accounting for 37.1% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,650 | $3,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $2,350 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,600 | $3,580 |
| 4 Bed Rent | $4,000 | $4,120 |
% of Rental Stock
Property Listings — West Hempstead, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in West Hempstead, NY is 56. This is a increase of 39.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $767,000 | 5.0% |
Listing Count | 68 | 6.0% |
| Listings as % of Homes | 0.8% | 6.0% |
Days on Market | 56 | 39.0% |
Demographics — West Hempstead, NY
As of the latest ACS Survey released in 2023, West Hempstead, NY has a population of 26,100, which has increased by 3.5% over the past 5 years. West Hempstead, NY is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 47.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,100 | 3.5% |
% Under 18 | 25.5% | 4.9% |
% Seniors | 15.0% | 9.5% |
% WFH | 13.1% | 184.8% |
% w/ College Degree | 47.0% | 24.0% |
As of the latest ACS Survey released in 2023, West Hempstead, NY is a predominantly white area, with 47.8% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in West Hempstead, NY is hispanic, making up 24.4% of the population. Foreign-born residents account for 21.7% of the population in West Hempstead, NY, and this percentage has decreased by 1.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 47.8% | -5.2% |
% Black | 20.1% | -14.5% |
% Hispanic | 24.4% | 31.2% |
% Asian | 5.1% | -5.6% |
% Foreign Born | 21.7% | -1.4% |
Mortgage and Risk — West Hempstead, NY
According to HUD data as of 2023, there were 287 mortgage originations in West Hempstead, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in West Hempstead, NY. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 287 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — West Hempstead, NY
West Hempstead, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,200 | $1,300 | $2,500 |
| 2 Bedroom | N/A | N/A | $2,880 |
| 3 Bedroom | $130 | $3,600 | $3,730 |
| 4 Bedroom | $0 | $4,000 | $4,000 |
Affordability — West Hempstead, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $763,000 |
| Median Household Income | $153,000 |