Central Islip, NY


Highest Appreciating Central Islip Neighborhoods Since 2000

Central Islip, NY Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Central Islip Housing Market Information

With a population of 34,576, 9,576 total housing units (homes and apartments), and a median house value of $282,703, Central Islip real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Central Islip, accounting for 61.86% of the town's housing units. Other types of housing that are prevalent in Central Islip include large apartment complexes or high rise apartments ( 17.97%), duplexes, homes converted to apartments or other small apartment buildings ( 11.65%), and a few row houses and other attached homes ( 8.05%).

The most prevalent building size and type in Central Islip are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.07% owning and 35.93% renting.

There is a lot of housing in Central Islip built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Central Islip built between 1940-1969 ( 40.31%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.25%). There's also some housing in Central Islip built before 1939 ( 7.98%).

Central Islip Home Appreciation Rates

Homes have actually lost value in Central Islip over the last then years, as home values have seen a decline of 27.66% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Central Islip home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

Appreciation rates are so strong in Central Islip that despite a nationwide downturn in the housing market, Central Islip real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Central Islip appreciation rates continue to be some of the highest in America, at 8.62%, which is higher than appreciation rates in 89.42% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Central Islip. Central Islip appreciation rates in the latest quarter were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New York, our data show that Central Islip's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Central Islip differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Central Islip - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Central Islip real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Central Islip, NY HOME PRICES

Value Range
> $1,174,000 0.1
$881,001 - $1,174,000 0.5
$587,001 - $881,000 3.3
$470,001 - $587,000 4.8
$352,001 - $470,000 15.8
$235,001 - $352,000 51.6
$117,001 - $235,000 20.3
$59,001 - $117,000 1.2
$0 - $59,000 2.4

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
18.1530528536271 34.1189674523008

Number Of Homes And Apartments:

Central Islip Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
66.55% 3.00% 7 8
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,061 / per month

Homeownership Rate

Owners 64.07
Renters 35.93
Vacant 6.48

Housing Market Details


Age of Homes

AGE OF Central Islip HOMES
2000 or Newer 9.2
1970 - 1999 42.5
1940 - 1969 40.3
1939 or Older 8.0

Types of Homes

TYPE OF Central Islip HOMES
Single-Family 61.9
Townhomes 8.0
Small Apt. Buildings 11.7
Apt. Complexes 18.0
Mobile Homes 0.4
Other 0.1

Home Size

SIZE OF Central Islip HOMES
No Bedroom 2.61
1 Bedroom 12.25
2 Bedrooms 21.81
3 Bedrooms 33.94
4 Bedrooms 19.85
5 or more bedrooms 9.55