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New Hempstead, NY

Full City Profile · New York · Rockland County County

3.6 /5.0
B+ Good
5,431 Population 1,912/sq mi density
$131,293 Median Income $40,030 per capita
$707,300 Home Value $1,095,405 Zillow
$2,409 Median Rent 36.3% income on rent
52°F Avg Temperature 275 sunny days/yr
224 Violent Crime/100K 785 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$131,293 median income, 3.1% unemployment
B+
Affordability
3.6 / 5.0
$707,300 home value, $2,409/mo rent
F
Safety
1.0 / 5.0
224 violent crimes/100K
A+
Education
5.0 / 5.0
53.4% bachelor's degree or higher

Housing Overview

Median Home Value
$707,300
151% above
US avg: $281,900
Median Rent
$2,409/mo
107% above
US avg: $1,163/mo
Homeownership Rate
96.7%
48% above US avg (65.4%)
Total Housing Units
1,609
Median year built: 1964

Home Value by Source

Census Median
$707,300
Zillow (ZHVI)
$1,095,405
Median Sale Price
$1,099,500
Median List Price
$875,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

96.7%
Owner-Occupied
3.3%
Renter-Occupied
97%
3%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $2,409/mo

Market Indicators (Redfin)

Median Days on Market
121 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
23.1%
of listings with price reduction
Price Per Sq Ft
$374
Active Inventory
13
homes for sale

Affordability & Housing Stock

Rent Burden
36.3%
of renters spending 30%+ of income on housing
17% above US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
96.7%

Complete Housing Data

Home Values

Census Median Value$707,300
Zillow Home Value (ZHVI)$1,095,405
Median Sale Price$1,099,500
Median List Price$875,000
Price Per Sq Ft$374

Rent

Census Median Rent$2,409
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market121
Sale-to-List Ratio1.0%
Price Drops23.1%
Homes Sold4
Active Inventory13
Price Per Sq Ft$374

Ownership & Stock

Owner-Occupied96.7%
Renter-Occupied3.3%
Homeownership Rate96.7%
Total Housing Units1,609
Median Year Built1964
Rent Burden36.3%