Hempstead, TX 77445 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hempstead, TX—77445

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$276,000

1.9% YoY Growth

Household Income

$63,600

41.4% YoY Growth

Days on Market

37.0% Longer YoY

Home Price Forecast

0.9%

Median Rent

$1,280

23.0% YoY Growth

1-Bed Rent

$740

22.9% YoY Growth

2-Bed Rent

$925

4.6% YoY Growth

3-Bed Rent

$1,900

12.2% YoY Growth

Home Price Trends — Hempstead, TX

As of Dec '25, the median home price in Hempstead, TX is $276,000, with a year-over-year change of -1.9%. This indicates that home prices in Hempstead, TX are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$276,000	-1.9%
Single Family	$276,000	-1.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hempstead, TX

As of July '25, Rentcast reports the average rent in Hempstead, TX is $1,550, with a year-over-year rent change of 23.0%. Per bedroom, the median rent as of July '25 in Hempstead, TX is 1-bedrooms: $922, 2-bedrooms: $1,130, 3-bedrooms: $2,030, 4-bedrooms: $1,980. The most common rental property sizes in Hempstead, TX are 2-bedroom and 3-bedroom, accounting for 49.4% and 37.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,280	$1,550
Studio Rent	N/A	N/A
1 Bed Rent	$740	$922
2 Bed Rent	$925	$1,130
3 Bed Rent	$1,900	$2,030
4 Bed Rent	$770	$1,980

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% of Rental Stock

Studio

3.5%

1 Bedroom

7.9%

2 Bedrooms

49.4%

3 Bedrooms

37.4%

4 Bedrooms

1.8%

Property Listings — Hempstead, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in Hempstead, TX is 85. This is a increase of 40.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$336,000	-1.0%
Listing Count	82	13.0%
Listings as % of Homes	1.4%	13.0%
Days on Market	96	37.0%

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Demographics — Hempstead, TX

As of the latest ACS Survey released in 2023, Hempstead, TX has a population of 14,900, which has increased by 10.5% over the past 5 years. Hempstead, TX is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 12.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,900	10.5%
% Under 18	24.0%	-15.8%
% Seniors	16.0%	19.4%
% WFH	4.3%	168.7%
% w/ College Degree	12.8%	-28.1%

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As of the latest ACS Survey released in 2023, Hempstead, TX is a predominantly hispanic area, with 34.1% of the population identifying as hispanic. The hispanic population has grown by 11.4% in the last 5 years. The second most common race or ethnicity in Hempstead, TX is black, making up 31.8% of the population. Foreign-born residents account for 12.5% of the population in Hempstead, TX, and this percentage has decreased by 8.1% 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	31.7%	-10.5%
% Black	31.8%	0.3%
% Hispanic	34.1%	11.4%
% Asian	0.1%	-80.0%
% Foreign Born	12.5%	-8.1%

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Mortgage and Risk — Hempstead, TX

According to HUD data as of 2023, there were 241 mortgage originations in Hempstead, TX, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Hempstead, TX. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	241
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	4.0%
% Second Loans	1.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Hempstead, TX

As of 2024, the percent of homes in Hempstead, TX under the Section 8 program is 4.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Hempstead, TX, because HUD payments exceed market rent, while 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	69
Total Units Section 8	69
% Rentals under Section 8	4.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$310	$740	$1,050
2 Bedroom	$335	$925	$1,260
3 Bedroom	-$220	$1,900	$1,680
4 Bedroom	$1,350	$770	$2,120

Hempstead, TX—77445

Key Metrics at a Glance

Home Price Trends — Hempstead, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hempstead, TX

% of Rental Stock

Property Listings — Hempstead, TX

Demographics — Hempstead, TX

Race and Ethnicity

Mortgage and Risk — Hempstead, TX

Mortgages

Rentals and Section 8 — Hempstead, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Hempstead, TX

Home Price to Income Ratio

Hempstead, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Prairie View

Waller, TX

Chappell Hill, TX

Bellville, TX

Washington, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$276,000
Median Household Income	$63,600

Hempstead, TX—77445

Key Metrics at a Glance

Home Price Trends — Hempstead, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hempstead, TX

% of Rental Stock

Property Listings — Hempstead, TX

Demographics — Hempstead, TX

Race and Ethnicity

Mortgage and Risk — Hempstead, TX

Mortgages

Rentals and Section 8 — Hempstead, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Hempstead, TX

Home Price to Income Ratio

Hempstead, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Prairie View

Waller, TX

Chappell Hill, TX

Bellville, TX

Washington, TX

Frequently Asked Questions

What is the average home price in Hempstead, TX 77445?

How have home prices in Hempstead, TX 77445 changed over the past year?

What is the home price projection for Hempstead, TX 77445?

What are the demographics of Hempstead, TX 77445?

How long does it take homes to sell in Hempstead, TX 77445?

What is the average rent price in Hempstead, TX 77445?