138 Mason Street, Hempstead, NY 11550
$759,000 · 5 bed · 3 bath · 1,521 sq ft · built 1957 · MLS# 1062420 · Active
Spacious and inviting, this well-designed 5-bedroom, 3-bath home offers comfortable living and effortless entertaining. The kitchen features a center island and opens to the dining area, creating a welcoming space for everyday meals and gatherings. Enjoy a private, fenced backyard ideal for relaxing or outdoor entertaining. Conveniently located near shopping and local amenities; this home combines comfort, functionality, and convenience. Welcome home!
Single-family homes in the Hempstead Union Free School District sold for a median of $660,000 (typically $575,000–$725,000) across 114 recorded sales between Oct 14, 2025 and Sep 24, 2026, up 7.3% on the 12 months before. This home's $759,000 list price sits in the upper single-family tier for the Hempstead Union Free School District.
ZIP 11550 has about 3.4 months of single family inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.
At about $8,155 a year, this home's property tax runs roughly 37% below the $13,000 typical for Hempstead Union Free School District. Nassau assessments run on a multi-year cycle, so the assessed value behind this bill can lag what the home actually sells for today. A sale does not automatically reset it, and exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.
OneKey MLS (recorded LI sales, trailing 12mo) + actual tax

Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 14, 2026 8:15 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Hempstead Market Trend
In Hempstead, the median sale price has risen about 7%: $645K for July through September 2026, against $600K for July through September 2025. Over the past 2 years, the three-month median peaked near $725K around September 2024. Homes took longer to sell: about 48 days on market, against 40 a year earlier.
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Looking for off-market opportunities or a property attorney's read on this listing? Contact Joseph DeVito — Lic. R.E. Associate Broker + NY-licensed real estate attorney.
