Home Values

Central Islip Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$225,700

  • 6.5% 1-year change
  • 2.4% 1-year forecast

The median home value in Central Islip is $225,700. Central Islip home values have gone up 6.5% over the past year and Zillow predicts they will rise 2.4% within the next year. The median price of homes currently listed in Central Islip is $246,999 while the median price of homes that sold is $238,176. The median rent price in Central Islip is $1,809, which is lower than the New York Metro median of $2,350.

Foreclosures will be a factor impacting home values in the next several years. In Central Islip 6.1 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.5 and also greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Central Islip is 34.6%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Central Islip homeowners underwater on their mortgage is 34.5%, which is higher than New York Metro at 13.6%.

Read more
Relative ZHVI
- +

Central Islip Market Overview

Data through Nov 30, 2014
  • $225,700 ZHVI
  • 2.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $246,999 Median listing price
  • $238,176 Median sale price (Oct 31, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Central Islip Market Health

Data through Nov 30, 2014
  • 1.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 34.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 34.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

6.1 homes Central Islip
1.5 homes New York Metro
4.2 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Village of the Branch $474,000
Hauppauge $421,900
East Islip $368,200
Name Median ZHVI
Bohemia $337,900
Islip $317,300
Islip Terrace $294,800
Name Median ZHVI
Islandia $292,100
North Bay Shore $241,600
Brentwood $233,600

Listings & Sales

Data through Nov 30, 2014
  • $149 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
31.3%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Central Islip Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,369 Central Islip
    $2,329 New York Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,809 Rent list price
  • $2.05 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading