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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



West Islip, NY Real Estate Market

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 Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

West Islip, NY Housing Market Trends

With a population of 27,048, 8,664 total housing units (homes and apartments), and a median house value of $816,173, West Islip house prices are not only among the most expensive in New York, West Islip real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in West Islip, accounting for 96.72% of the town's housing units. Other types of housing that are prevalent in West Islip include row houses and other attached homes ( 1.82%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in West Islip. Owner-occupied housing accounts for 95.80% of West Islip's homes, and 80.00% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. West Islip's housing was primarily built during this period, from the '40s through the '60s. A full 71.79% of the town's housing hails from this era. Other housing ages represented in West Islip include homes built between 1970-1999 ( 18.21%) and housing constructed between 2000 and later ( 5.30%). There's also some housing in West Islip built before 1939 ( 4.70%).

West Islip Home Appreciation Rates

Real estate appreciation rates in West Islip's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.82% during the period.

Appreciation rates are so strong in West Islip that despite a nationwide downturn in the housing market, West Islip real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, West Islip appreciation rates continue to be some of the highest in America, at 8.55%, which is higher than appreciation rates in 76.17% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in West Islip. West Islip appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.77%.

Relative to New York, our data show that West Islip's latest annual appreciation rate is higher than 70% 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 West Islip differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in West 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 West Islip real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$816,173

West Islip, NY Home Prices
> $1,327,000
$995,001 - $1,327,000
$663,001 - $995,000
$531,001 - $663,000
$398,001 - $531,000
$266,001 - $398,000
$133,001 - $266,000
$67,001 - $133,000
$0 - $67,000
6.8%
6.8%
10.6%
10.6%
41.2%
41.2%
29.8%
29.8%
7.0%
7.0%
3.0%
3.0%
0.6%
0.6%
0.8%
0.8%
0.2%
0.2%
0% 100.0%
% of Homes
Very High

for New york

Very High

for nation

Number of Homes And Apartments:

8,664

West Islip Appreciation Rates

Rent & Ownership

Average Market Rent:

$5,257 / per month

Homeownership Rate

Owners
Renters
95.8%
95.8%
4.2%
4.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
1.6%
1.6%
98.4%
98.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
5.3%
5.3%
18.2%
18.2%
71.8%
71.8%
4.7%
4.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
96.7%
96.7%
1.8%
1.8%
0.7%
0.7%
0.7%
0.7%
0.1%
0.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.3%
0.3%
2.1%
2.1%
6.7%
6.7%
42.2%
42.2%
37.8%
37.8%
10.9%
10.9%
0% 100.0%
% of Homes