ZIP 11550 Housing Market & Real Estate Update (Hempstead, NY) — February 22, 2026
11550 – February 22, 2026 – Hempstead (Nassau County) snapshot: Redfin Jan median sale $650K (+8.1% YoY); Zillow value $624.6K; 79 for-sale.
ZIP 11550 sits around Hempstead in Nassau County, New York, so today’s local read is mostly about resale conditions and what’s actively listed right now. The latest dashboards still point to a competitive (but not frantic) market heading toward spring.
Top takeaways
- Prices are up year over year. Redfin shows a January 2026 median sale price of $650,000 (+8.1% YoY), while Zillow’s typical home value for 11550 is $624,583 (+3.8% YoY).
- Homes are taking a bit longer to move. Redfin reports a 37-day median time on market in January (vs. 32 days a year ago), with 53 homes sold.
- Supply is active, not overflowing. Zillow shows 79 for-sale inventory (as of Jan. 31, 2026), and Zillow’s current search page is showing 64 active results.
- Rentals are pricey and plentiful enough to shop. Zillow reports an average rent of $3,631 in 11550 (as of Jan. 31, 2026) and 47 rentals currently showing in the ZIP.
Market snapshot (sales + leverage)
Redfin continues to rate 11550 as ‘very competitive’ (Compete Score 78). Even with days on market ticking up, the pricing trend remains firm. One useful negotiation clue: Redfin’s sale-to-list is 98.5% for January, and 47.2% of homes sold above list (both down versus last year), which suggests buyers may have slightly more room to negotiate than they did during the fastest parts of the cycle.
Inventory and what it means for buyers
Between Zillow’s inventory metric (79) and the live Zillow results (64), the big picture is that there are options, but not a flood of them. In practical terms, that often means: well-priced listings still move quickly, while homes that need updates (roofing, electrical, plumbing, kitchens) can sit longer and invite price reductions or seller credits.
Rental pulse
If you’re comparing rent vs. buy, Zillow’s rent index for 11550 shows average asking rent around $3,631 with a small month-over-month uptick (+0.5%). With 47 active rental results showing today, tenants can usually find choices across apartments and single-family rentals—just expect competition on the best-priced units.
What’s for sale nearby (no addresses)
Today’s Zillow for-sale feed in 11550 includes a mix of single-family homes plus some multi-family options. If you’re searching, consider running separate filters for (1) multi-family, (2) homes with recent price cuts, and (3) ‘new construction’ to see whether any fresh builds are quietly coming online.
ServiceXTC home-prep corners to watch
For sellers (or buyers planning a quick refresh), the fastest value-add work in this ZIP is usually deferred-maintenance cleanup and safety items. ServiceXTC categories to browse for help: Plumber, Electrician, Roofing contractor, Handyman. (We did not surface ZIP 11550-specific provider pages in this quick pull, so if you’re a local pro, consider adding your listing.)
Sources
Redfin 11550 housing market dashboard; Zillow 11550 home values; Zillow 11550 homes for sale; Zillow 11550 rentals.
What are you seeing right now in Hempstead-area open houses—more price cuts, or still multiple-offer situations?