Central Islip, NY is an area that has seen strong appreciation in housing values over the past year. The median value of a home in Central Islip is currently $334,900, which is just slightly lower than the national median of $338,100. However, this small difference is made up for with an annual house appreciation rate of 9.97%, higher than the US average of 8.27%. This high rate of growth makes Central Islip an ideal location to invest in real estate as it promises good returns and stability when compared to other markets.
The median home cost in Central Islip is $334,900. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Central Islip is up 13.1%.
Average Age of Homes
- The median age of Central Islip real estate is 44 years old
The Rental Market in Central Islip
- Renters make up 34.5% of the Central Islip population
- 1.1% of houses and apartments in Central 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.