$6,413 Closing Credit*
$540,000
1,994 SqFt
7 Beds
•3 Full Baths
Listing Office: Empire Home Realty of L I Inc
Is Islandia, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Islandia has remained a Buyer's Market.
Key Takeaway
Islandia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Islandia, NY
How much do homes in Islandia, NY cost?
Median Sold Price
$575,000
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$167,000(+40.9%)
Key Takeaway
Homes in Islandia have sold for 40.9% more than they did a year ago.
Summary: The median home sold price in Islandia was $575,000 in November 2024, up 40.9% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $325K | +16.1% |
| 2 Bedrooms | $540K | $637K | +18.0% |
| 3 Bedrooms | $408K | $517.5K | +26.8% |
| 4 Bedrooms | $562.5K | $590K | +4.9% |
| 5+ Bedrooms | $557.5K | $550K | -1.3% |
Summary: Islandia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 26.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Islandia | $408K | $575K | +40.9% |
| Islip | $539.9K | $602.9K | +11.7% |
Housing Supply in Islandia, NY
How many homes are available in Islandia, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Summary: The Islandia real estate market had 19 homes for sale in November 2024, a 13.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Islandia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Islandia, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Islandia in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Islandia, NY
How long does it take to sell a home in Islandia, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 30 Days | +90.6% |
Summary: Homes in Islandia had an average of 30 days on market in Nov 2024, up by 90.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Islandia has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Islandia; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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.