In Islip, NY the housing median value is much higher than the US House Median Value. This suggests that the housing market in Islip, NY is more expensive than other areas of the country. In addition, house appreciation in Islip, NY has been greater than the US average over the past year with a rate of 9.96% compared to 8.27%. This illustrates that Islip, NY's housing market is volatile and experiencing growth.
The median home cost in Islip is $669,800. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Islip is up 13.1%.
Average Age of Homes
- The median age of Islip real estate is 52 years old
The Rental Market in Islip
- Renters make up 22.2% of the Islip population
- 0.9% of houses and apartments in Islip, 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.