42 Mead Street, Hempstead, NY 11550

42 Mead Street, Hempstead, NY 11550

$799,999 · 3 bed · 2 bath · 1,888 sq ft · built 1931 · MLS# 973388 · Active

Welcome To 42 Mead Street. This Traditional Colonial Home Boasts 3 Bedrooms, 1 1/5 Full Bathrooms. The First Floor features a Living Room, Dining Room, 1/5 Bath. Continued on the 2nd Floor, You Will Find 3 Bedroom, and Full Bath. Expansive Attic Space, 2 Car Detached Garages. Full Basement OSE. A Newly Installed Water Tank, And An Outdoor Jacuzzi. Real Estate Taxes Without STAR Exemption.

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 $799,999 list price sits in the luxury single-family tier for the Hempstead Union Free School District.

ZIP 11550 has about 3.3 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 $18,579 a year, this home's property tax runs roughly 43% above 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 11, 2026 2:30 am. 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

After topping out near $725K around September 2024, Hempstead's median sale price has settled back to about $645K, and homes are taking longer to find buyers. If the easing persists, conditions could move further toward a balanced market.