Hempstead, NY Real Estate

According to census data in the year 2000 there were 15,563 housing units in Hempstead. This represents a 3% growth from 15,117 in 1990.

Of those housing units, 15,563 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Hempstead is about 43.2%. Hempstead's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 3.41 people.

The majority of houses, apartments or condos in Hempstead were built after 1955.


Housing Size

Housing Units by Size
Studio Type9.30%
One Bedroom27.20%
Two Bedrooms18%
Three Bedrooms25%
Four Bedrooms15%
Five Bedrooms or more5.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.75
Median year structure was built1949
Median Value of occupied units$166,400
Median Price asked for vacant units$122,200

Rented Homes, Apartments and Condos

Average Household Size3.16
Median year structure was built1960
Median Monthly Rent asked for vacant units$791

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage8.20%
Home Equity Loan7.50%
Simple Mortgage60.20%
Debt Free23.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs27.1%