$7,125 Closing Credit*
$599,999
10,019 SqFt
3 Beds
•2 Full Baths
Listing Office: ARVY Realty
Is Central Islip, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Central Islip was a Seller's Market.
Key Takeaway
Central Islip is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Islip, NY
How much do homes in Central Islip, NY cost?
Median Sold Price
$500,000
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since November 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 November 2024, up 13.6% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $233.7K | $259.5K | +11.0% |
| 2 Bedrooms | $397K | $427.5K | +7.7% |
| 3 Bedrooms | $460K | $510K | +10.9% |
| 4 Bedrooms | $501K | $540K | +7.8% |
| 5+ Bedrooms | $544K | $605K | +11.2% |
Summary: Central Islip housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 11.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Central Islip | $440K | $500K | +13.6% |
| Islip Terrace | $532.5K | $600K | +12.7% |
| Bohemia | $615K | $645K | +4.9% |
| North Great River | $597.5K | $625K | +4.6% |
| Ronkonkoma | $529.8K | $552K | +4.2% |
Housing Supply in Central Islip, NY
How many homes are available in Central Islip, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 119 | 112 | -5.9% |
Summary: The Central Islip real estate market had 112 homes for sale in November 2024, a 5.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 27 | 24 | -11.1% |
| 3 Bedrooms | 33 | 28 | -15.2% |
| 4 Bedrooms | 30 | 30 | 0.0% |
| 5+ Bedrooms | 25 | 24 | -4.0% |
Summary: The Central Islip housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 11 | -57.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Islip, you could pay more than the asking price. 81.8% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Central Islip in November 2024, down by 57.7% month-over-month. Of the 11 sold homes, 18% were sold under asking, 0% were sold at asking, and 82% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 32 Days | -10.9% |
Summary: Homes in Central Islip had an average of 32 days on market in Nov 2024, down by 10.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Central Islip are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Central Islip; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% 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.