$3,551 Closing Credit*
$299,000
2 Beds
•1 Full Bath
Listing Office: Coldwell Banker American Homes
Is Central Islip, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Central Islip has remained a Seller's Market.
Key Takeaway
Central Islip is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Islip, NY
How much do homes in Central Islip, NY cost?
Median Sold Price
$500,000
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$60,000(+13.6%)
Key Takeaway
Homes in Central Islip have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Central Islip was $500,000 in October 2024, up 13.6% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $250K | +13.6% |
| 2 Bedrooms | $397K | $430K | +8.3% |
| 3 Bedrooms | $460K | $505K | +9.8% |
| 4 Bedrooms | $500K | $540K | +8.0% |
| 5+ Bedrooms | $543K | $600K | +10.5% |
Summary: Central Islip housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Islip Terrace | $516K | $607.5K | +17.7% |
| Central Islip | $440K | $500K | +13.6% |
| Bohemia | $587.5K | $651K | +10.8% |
| Ronkonkoma | $525K | $540K | +2.9% |
Housing Supply in Central Islip, NY
How many homes are available in Central Islip, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 122 | 124 | +1.6% |
Summary: The Central Islip real estate market had 124 homes for sale in October 2024, a 1.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 30 | 26 | -13.3% |
| 3 Bedrooms | 34 | 35 | +2.9% |
| 4 Bedrooms | 30 | 35 | +16.7% |
| 5+ Bedrooms | 24 | 24 | 0.0% |
Summary: The Central Islip housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 25 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Islip, you could pay more than the asking price. 68% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Central Islip in October 2024, up by 25.0% month-over-month. Of the 25 sold homes, 24% were sold under asking, 8% were sold at asking, and 68% were sold over asking.
Days on Market for Central Islip, NY
How long does it take to sell a home in Central Islip, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 44 Days | -3.3% |
Summary: Homes in Central Islip had an average of 44 days on market in Oct 2024, down by 3.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Islip are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in Central Islip; 80% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.