HEMPSTEAD
Homes for Sale in GULFPORT, FL
True comps, carrying-cost math, and listings before the portals.
Hempstead's pricing is driven by age and condition more than location premium. With a median year built of 1955 and a range stretching back to 1923, the housing stock spans nearly a century of construction styles, and a buyer's final number depends heavily on what's been updated and what hasn't. At $222.22 per square foot on a median home size of roughly 1,078 square feet, this is a market of modest, efficient floor plans rather than sprawling ones.
A median of 23 days on market signals a community that moves at a steady, unhurried pace — not stale, but not frantic either. Sellers who price realistically for the home's actual condition are seeing reasonable turnaround; sellers hoping to skip renovation and still command top dollar are the ones who sit. For buyers, that pace leaves room to do real diligence before writing an offer.
The 60-Second Overview
HEMPSTEAD market snapshot (as of August 2, 2026): the median sale price is about $312K ($222 per sq ft over the trailing 12 months of closed sales), and a median 23 days on market for closed sales.
HEMPSTEAD is a community of 614 homes in GULFPORT, Pinellas County, built between 1923 and 2019 (median 1955.0), with a median living area of about 1,078 square feet. 56% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Hempstead is a small, established pocket of Gulfport built out largely in the mid-20th century, with 614 homes and a median price of $311,500. It's a community where the age of the structure matters more to the appraisal than any amenity package — because there isn't one.
Who HEMPSTEAD is best for.
Best for
- Buyers comfortable evaluating a home built decades ago on its own merits, not by a subdivision standard.
- Buyers working near the $311,500 median who want a smaller, efficient floor plan over square footage for its own sake.
- Investors or renovators interested in the spread between older original stock and more recently built infill.
Probably not for
- Buyers who want on-site amenities like a pool, clubhouse, or managed common areas as part of the purchase.
- Buyers who want a single, consistent architectural era or build year across the community.
- Buyers unwilling to budget for condition-driven repairs on a pre-1960s structure.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($312K) IS the median in the snapshot above.
Windows contain 0 to 6 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Deemed reliable but not guaranteed.
20% of homes for sale in ZIP 33707 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).
The HEMPSTEAD buying strategy.
If we were buying in HEMPSTEAD today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in HEMPSTEAD.
A Market Built on Condition, Not Concept
There is no HOA-run clubhouse or amenity list attached to Hempstead — current MLS data shows none identified. What you're buying here is the house and the lot, full stop, which means the sales price is a much purer reflection of square footage, updates, and lot condition than it would be in a planned community charging dues for shared infrastructure.
The homestead share sits at 56.5%, meaning a meaningful minority of the housing stock turns over as non-homesteaded property — investment purchases, secondary residences, or homes recently transacted. That mix, combined with a year-built range running from 1923 to 2019, means two houses on the same block can present very differently: one a restored original, one a modern infill or rebuild. Buyers should expect the price-per-square-foot figure to average out a wide spread rather than describe a uniform product.
The location and the amenities are priced into every listing in HEMPSTEAD. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this age-diverse and amenity-free, the work is in the diligence — knowing which era of construction a given house falls into, what that typically means for systems and permitting history, and pricing it against comparable condition rather than just comparable square footage. That's the read we bring to Hempstead.
HEMPSTEAD in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a HEMPSTEAD buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed HEMPSTEAD sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in HEMPSTEAD, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your HEMPSTEAD home worth?
Get a no-obligation home value based on real comparable sales in HEMPSTEAD, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in HEMPSTEAD?
How long do homes in HEMPSTEAD take to sell?
How many homes are in HEMPSTEAD?
What share of HEMPSTEAD is owner-occupied?
When were the homes in HEMPSTEAD built?
Do cash buyers compete in HEMPSTEAD?
Who is the best real estate agent for HEMPSTEAD?
How do I find a top GULFPORT real estate agent who knows HEMPSTEAD?
Can Momentum Realty connect me with an agent for HEMPSTEAD?
Should you buy in HEMPSTEAD?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (5 streets, ZIP 33707)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2004 (36 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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See how HEMPSTEAD fits the bigger picture — live prices, inventory, and Momentum Scores: