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Foreclosure Homes in South Hempstead, NY

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Long-beach-rd-South-hempstead-NY-11550
Preforeclosure
$433,208 EMV

Long Beach Rd
South Hempstead, NY 11550

| 2 Bath | 1,728 Sq. Ft.

Mead-ter-South-hempstead-NY-11550
Tax Lien
$415,905 EMV

Mead Ter
South Hempstead, NY 11550

| 1.5 Bath | 1,547 Sq. Ft.

Christie-st-South-hempstead-NY-11550
Tax Lien
$280,500 EMV

Christie St
South Hempstead, NY 11550

Georgia-st-South-hempstead-NY-11550
Tax Lien
$366,360 EMV

Georgia St
South Hempstead, NY 11550

| 1 Bath | 1,270 Sq. Ft.

Central-ave-South-hempstead-NY-11550
Tax Lien
$359,465 EMV

Central Ave
South Hempstead, NY 11550

| 1 Bath | 1,302 Sq. Ft.

Woodland-dr-South-hempstead-NY-11550
Tax Lien
$365,415 EMV

Woodland Dr
South Hempstead, NY 11550

| 2 Bath | 1,206 Sq. Ft.

May-st-South-hempstead-NY-11550
Tax Lien
$360,789 EMV

May St
South Hempstead, NY 11550

| 1 Bath | 1,050 Sq. Ft.

Displaying 1 - 7 of 7
 

Home Value Estimator For South Hempstead, NY

There are currently 740 real estate properties in South Hempstead, NY, with a median automated valuation model (AVM) price of $559,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in South Hempstead, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in South Hempstead, NY, is $573,986.00, with the most expensive house in South Hempstead, NY, topping out at $995,000.00 and the cheapest home in South Hempstead, NY, clocking in at $323,100.00. In other words, there’s something for every potential homebuyer or savvy investor in South Hempstead, NY!


Rent Prices In South Hempstead, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in South Hempstead, NY, is on a rollercoaster ride. The average rent price in South Hempstead, NY, is $2,635.00. Indeed, when looking to rent in South Hempstead, NY, you can expect to pay as little as $1,500.00 or as much as $3,200.00, with the average rent median estimated to be $2,640.00. The good news is that finding an affordable and desirable property to rent in South Hempstead, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in South Hempstead, NY

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the South Hempstead, NY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in South Hempstead, NY and much more. Save thousands at closing with home foreclosure listings in South Hempstead, NY — up to 75% off market value!


Top Reasons To Live In South Hempstead, NY In 2021

South Hempstead is located in Nassau, New York, with an estimated municipal population of 3,184 residents. All of the best foreclosed homes for sale in South Hempstead are located in the following zip code areas on Foreclosure.com: 11550 11570. The estimated population per square kilometer (.62 miles) in South Hempstead is 2,125.


Cost Of Living In South Hempstead, NY

So, about how much do homes cost in South Hempstead? The most recent median value of resident-owned homes in South Hempstead is 427,660. An estimated 88.7 percent of households in South Hempstead own their homes, with an average family size of 3.6. The median household income in South Hempstead is 121,597, with55.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in South Hempstead, the median commute time of resident workers (in minutes) is 36.9. And last, but certainly not least, are you looking for homes to rent in South Hempstead? If so, the average rent price paid by renters in South Hempstead is 2,522, according to recent statistics.


Diversity And Demographics In South 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 South 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 South Hempstead is 34.1, split between 46.2 percent male versus 53.8 female. The percentage of residents who report being married in South Hempstead is 57.7, with an average family size of 3.6.

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

White 60.8%
Black / African American 22.3%
Asian 0.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.1%
Other 11.3%

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

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

Under 10 14.2%
Aged 10-19 12.6%
20s 15.9%
30s 11%
40s 15.5%
50s 11.9%
60s 10.8%
70s 7.5%
80+ 0.6%

Best Schools In South 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 South Hempstead with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in South Hempstead.


Pros And Cons Of Living In South Hempstead, New York

How do you know that living in -- or moving to -- South Hempstead is right where you need to be? Perhaps you grew up in South Hempstead or already live nearby; therefore, the decision to buy a home in South Hempstead is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to South 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 South 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 South Hempstead.


Reasons To Move To South Hempstead, New York, In 2021

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

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