Central Islip, NY—11722
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Central Islip, NY
As of Oct '25, the median home price in Central Islip, NY is $551,000, with a year-over-year change of 3.8%. This indicates that home prices in Central Islip, NY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $551,000 | 3.8% |
| Single Family | $560,000 | 2.9% |
| Condos | $443,000 | 9.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $462,000 | 5.2% |
3 Bed | $548,000 | 4.0% |
4 Bed | $589,000 | 3.2% |
| 5 Bed | $645,000 | 4.0% |
% of Housing Stock
Rental Trends — Central Islip, NY
As of July '25, Rentcast reports the average rent in Central Islip, NY is $3,130, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Central Islip, NY is studios: $2,090, 1-bedrooms: $2,940, 2-bedrooms: $3,250, 3-bedrooms: $4,250. The most common rental property sizes in Central Islip, NY are 1-bedroom and 3-bedroom, accounting for 33.2% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,130 |
| Studio Rent | $2,100 | $2,090 |
| 1 Bed Rent | $2,900 | $2,940 |
| 2 Bed Rent | $3,240 | $3,250 |
| 3 Bed Rent | $3,500 | $4,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Central Islip, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Central Islip, NY is 36. This is a increase of 6.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $582,000 | 4.0% |
Listing Count | 122 | 67.0% |
| Listings as % of Homes | 0.7% | 67.0% |
Days on Market | 36 | 6.0% |
Demographics — Central Islip, NY
As of the latest ACS Survey released in 2023, Central Islip, NY has a population of 38,400, which has increased by 18.2% over the past 5 years. Central Islip, NY is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,400 | 18.2% |
% Under 18 | 25.5% | 6.2% |
% Seniors | 10.4% | -1.0% |
% WFH | 6.7% | 318.8% |
% w/ College Degree | 18.4% | 5.7% |
As of the latest ACS Survey released in 2023, Central Islip, NY is a predominantly hispanic area, with 61.3% of the population identifying as hispanic. The hispanic population has grown by 33.8% in the last 5 years. The second most common race or ethnicity in Central Islip, NY is black, making up 19.2% of the population. Foreign-born residents account for 37.4% of the population in Central Islip, NY, and this percentage has increased by 9.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 16.1% | -29.4% |
% Black | 19.2% | -28.4% |
% Hispanic | 61.3% | 33.8% |
% Asian | 1.9% | -40.6% |
% Foreign Born | 37.4% | 9.0% |
Mortgage and Risk — Central Islip, NY
According to HUD data as of 2023, there were 358 mortgage originations in Central Islip, NY, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Central Islip, NY. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 358 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Central Islip, NY
Central Islip, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 744 |
Total Units Section 8 | 610 |
% Rentals under Section 8 | 27.8% |
% Occupied Section 8 | 86.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$650 | $2,900 | $2,250 |
| 2 Bedroom | -$640 | $3,240 | $2,600 |
| 3 Bedroom | -$130 | $3,500 | $3,370 |
| 4 Bedroom | N/A | N/A | $3,610 |
Affordability — Central Islip, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $551,000 |
| Median Household Income | $110,000 |