Islip Terrace, NY—11752
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Islip Terrace, NY
As of Oct '25, the median home price in Islip Terrace, NY is $638,000, with a year-over-year change of 3.6%. This indicates that home prices in Islip Terrace, NY are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $638,000 | 3.6% |
| Single Family | $640,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $637,000 | 3.7% |
4 Bed | $693,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Islip Terrace, NY
As of July '25, Rentcast reports the average rent in Islip Terrace, NY is $3,070, with a year-over-year rent change of 24.8%. Per bedroom, the median rent as of July '25 in Islip Terrace, NY is studios: $2,080, 1-bedrooms: $2,280, 2-bedrooms: $2,400, 3-bedrooms: $2,950. The most common rental property sizes in Islip Terrace, NY are 2-bedroom and 3-bedroom, accounting for 35.9% and 25.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,290 | $3,070 |
| Studio Rent | $2,080 | $2,080 |
| 1 Bed Rent | $2,290 | $2,280 |
| 2 Bed Rent | $2,400 | $2,400 |
| 3 Bed Rent | $2,950 | $2,950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Islip Terrace, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Islip Terrace, NY is 44. This is a increase of 28.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $675,000 | 12.0% |
Listing Count | 22 | 48.0% |
| Listings as % of Homes | 0.4% | 48.0% |
Days on Market | 44 | 28.0% |
Demographics — Islip Terrace, NY
As of the latest ACS Survey released in 2023, Islip Terrace, NY has a population of 8,990, which has decreased by -6.0% over the past 5 years. Islip Terrace, NY is a moderately popular place for families, as children make up 18.8% of the population. The area has a moderately educated workforce, with 31.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,990 | -6.0% |
% Under 18 | 18.8% | -13.4% |
% Seniors | 16.9% | 14.2% |
% WFH | 8.1% | 224.0% |
% w/ College Degree | 31.9% | 10.4% |
As of the latest ACS Survey released in 2023, Islip Terrace, NY is a predominantly white area, with 72.0% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Islip Terrace, NY is hispanic, making up 20.3% of the population. Foreign-born residents account for 12.9% of the population in Islip Terrace, NY, and this percentage has increased by 37.2% 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 | 72.0% | -9.4% |
% Black | 2.5% | 13.6% |
% Hispanic | 20.3% | 41.0% |
% Asian | 1.4% | -51.7% |
% Foreign Born | 12.9% | 37.2% |
Mortgage and Risk — Islip Terrace, NY
According to HUD data as of 2023, there were 139 mortgage originations in Islip Terrace, NY, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Islip Terrace, NY. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 139 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Islip Terrace, NY
Islip Terrace, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $2,290 | $2,600 |
| 2 Bedroom | $600 | $2,400 | $3,000 |
| 3 Bedroom | $940 | $2,950 | $3,890 |
| 4 Bedroom | N/A | N/A | $4,170 |
Affordability — Islip Terrace, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $638,000 |
| Median Household Income | $149,000 |