2 days on Rocket
$10,000 Closing Credit¹
#833910, Listing Office: Rodeo Realty Inc
New Hempstead Housing Market Report February 2025•Rockland County, New York
Housing Prices in New Hempstead, NY
How much do homes in New Hempstead, NY cost?
Housing Market Conditions
Is New Hempstead, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Hempstead is a Seller's Market
Difference Since February 2024
Since last year, New Hempstead has remained a Seller's Market.
Insight
New Hempstead is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$900,000$411/SqFt
+$17,500
+2.0%
Based on all homes sold in the last 12 months
Insight
Homes in New Hempstead have sold for 2% more than they did a year ago.
Summary: The median home sold price in New Hempstead was $900,000 in February 2025, up 2% from last year, and the median price per square foot was $411.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| New City | $686K | $760K | +10.8% |
| Wesley Hills | $900K | $975K | +8.3% |
| Monsey | $871.2K | $920K | +5.6% |
| New Hempstead | $882.5K | $900K | +2.0% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $730K | $739K | +1.2% |
| 44 Bedrooms | $908.5K | $900K | -0.9% |
| 55+ Bedrooms | $980K | $995K | +1.5% |
Summary: New Hempstead housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +1.2%. The home price for 4 bedroom homes decreased by -0.9%. The home price for 5 bedroom homes increased by +1.5%.
How does New Hempstead, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
New Hempstead, NY
Housing supply in New Hempstead, NY
How many homes are available in New Hempstead, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthFeb 2025 | ||
| 152 months agoJan 2025 | +6.7 % Change MoMJan – Feb |
Summary: The New Hempstead real estate market had 16 homes for sale in Feb 2025, a 6.7 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthFeb 2025 | ||
| 12 months agoJan 2025 | +200.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 2 | 3 | +50.0% |
| 44 Bedrooms | 6 | 5 | -16.7% |
| 55+ Bedrooms | 7 | 8 | +14.3% |
Summary: New Hempstead housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes increased by +14.3%.
Asking Price vs. Sold Price
How much do homes in New Hempstead, NY cost?
Over Asking Price3 Homes
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in New Hempstead, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in New Hempstead in February 2025, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for New Hempstead, NY
How long does it take to sell a home in New Hempstead, NY?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in New Hempstead has remained consistent over time.
Summary: During February 2025, 3 homes were sold in New Hempstead; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 34 DaysThis YearFeb 2025 | ||
| 20 Days1 year agoFeb 2024 | +67.9 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in New Hempstead had an average listing age of 34 days in Feb 2025, up by 67.9% compared to the previous year.
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Newest Listings in New Hempstead, NY
What homes are available in New Hempstead, NY?
Coming soon
$10,000 Closing Credit¹
#830477, Listing Office: Howard Hanna Rand Realty
$10,000 Closing Credit¹
#829463, Listing Office: eXp Realty
#828654, Listing Office: Keller Williams Hudson Valley
$10,000 Closing Credit¹
#825856, Listing Office: Fuerst & Fuerst Inc
$10,000 Closing Credit¹
#821804, Listing Office: Keller Williams Hudson Valley
$10,000 Closing Credit¹
#821699, Listing Office: Keller Williams Hudson Valley
$10,000 Closing Credit¹
#807517, Listing Office: Howard Hanna Rand Realty
$9,998 Closing Credit¹
#H6326703, Listing Office: KBS Realty
$10,000 Closing Credit¹
#H6329222, Listing Office: Keller Williams Hudson Valley
$10,000 Closing Credit¹
#H6326073, Listing Office: Rodeo Realty Inc
$10,000 Closing Credit¹
#H6315100, Listing Office: Rodeo Realty Inc
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MLS Disclaimers and Copyright
Based on information from OneKey MLS, for the period 03/01/2023 - 03/01/2025
Listings courtesy of OneKey MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/13/2025, 9:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.