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Foreclosure Homes in New Hempstead, NY

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Top Reasons To Live In New Hempstead, NY In 2024

New Hempstead is located in Rockland, New York, with an estimated municipal population of 5,410 residents. All of the best foreclosed homes for sale in New Hempstead are located in the following zip code areas on Foreclosure.com: 10977. The estimated population per square kilometer (.62 miles) in New Hempstead is 734.


Cost Of Living In New Hempstead, NY

So, about how much do homes cost in New Hempstead? The most recent median value of resident-owned homes in New Hempstead is 513,578. An estimated 91 percent of households in New Hempstead own their homes, with an average family size of 4.3. The median household income in New Hempstead is 117,070, with59.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Hempstead, the median commute time of resident workers (in minutes) is 38.1. And last, but certainly not least, are you looking for homes to rent in New Hempstead? If so, the average rent price paid by renters in New Hempstead is 2,205, according to recent statistics.


Diversity And Demographics In New Hempstead, New York

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to New Hempstead, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in New Hempstead is 31.8, split between 50.5 percent male versus 49.5 female. The percentage of residents who report being married in New Hempstead is 59.3, with an average family size of 4.3.

The percentage of residents who report their race in New Hempstead is as follows:

White 72.1%
Black / African American 18.7%
Asian 5.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.4%
Other 3.7%

Looking for family-friendly neighborhoods in and/or near New Hempstead? Or maybe you are searching for 55+ active adult communities in and/or near New Hempstead?

The percentage of residents who report their age in New Hempstead is as follows:

Under 10 18%
Aged 10-19 16.7%
20s 13.1%
30s 12.6%
40s 10.6%
50s 13.5%
60s 7.7%
70s 4.5%
80+ 3.4%

Best Schools In New Hempstead, New York

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in New Hempstead with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in New Hempstead.


Pros And Cons Of Living In New Hempstead, New York

How do you know that living in -- or moving to -- New Hempstead is right where you need to be? Perhaps you grew up in New Hempstead or already live nearby; therefore, the decision to buy a home in New Hempstead is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to New Hempstead for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in New Hempstead:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like New Hempstead.


Reasons To Move To New Hempstead, New York, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in New Hempstead can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in New Hempstead, meanwhile, can field multiple offers from more qualified buyers.

New Hempstead, NY Foreclosures


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