The housing in Island Park, NY is significantly more valuable than the US median value of $338,100. The median house value in Island Park is $583,400 and has seen a year-on-year appreciation rate of 8.72% which is higher than the national average of 8.27%. This highlights the desirability of Island Park as a place to live and invest in property, with many people willing to pay more for homes there.
The median home cost in Island Park is $583,400. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Island Park is up 12.8%.
Average Age of Homes
- The median age of Island Park real estate is 62 years old
The Rental Market in Island Park
- Renters make up 31.0% of the Island Park population
- 0.0% of houses and apartments in Island Park, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.