Home Values

West Hempstead Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$404,000

  • 3.7% 1-year change
  • 0.0% 1-year forecast

The median home value in West Hempstead is $404,000. West Hempstead home values have gone up 3.7% over the past year and Zillow predicts they will rise 0.0% within the next year. The median rent price in West Hempstead is $1,900, which is lower than the New York Metro median of $2,515.

Foreclosures will be a factor impacting home values in the next several years. In West Hempstead 1.8 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 2.0 and also lower than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in West Hempstead is 30.0%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of West Hempstead homeowners underwater on their mortgage is 8.4%, which is lower than New York Metro at 12.4%.

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Relative ZHVI
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West Hempstead Market Overview

Data through May 31, 2015
  • $404,000 ZHVI
  • 0.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $413,824 Median sale price (Apr 30, 2015)
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West Hempstead Market Health

Data through May 31, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 8.4% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 30.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2 West Hempstead
2 New York Metro
4 United States
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Nearby Cities

Name Median ZHVI
Garden City $783,600
Rockville Centre $604,800
Stewart Manor $473,500
Name Median ZHVI
Garden City South $465,100
New Hyde Park $464,900
Lynbrook $389,400
Name Median ZHVI
Malverne $388,600
Franklin Square $387,500
Town of Hempstead $260,600

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $254 Median sale price / sq ft
  • No data Listings with price cut
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West Hempstead Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,527 West Hempstead
    $2,357 New York Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,900 Rent list price
  • $1.33 Rent list price / sq ft (Apr 30, 2015)
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