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Featured local agent — Island Park, NY
Sarah Mitchell
Compass Real Estate · Island Park, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Island Park, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$625,000median sale price
How is the Island Park, NY housing market right now?
The median home sale price in Island Park, NY is $625,000, up 1.6% year-over-year. Homes sell in an average of 29 days with 8 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Island Park a buyer's or seller's market?
Island Park, NY is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 29 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
29
Average pace
Active listings
8
4.0 months supply
Sale-to-list
95.5%
Below asking
What does the Island Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $625,000 |
| Median list price | $849,000 |
| Year-over-year price change | +1.6% |
| Average days on market | 29 days |
| Active inventory | 8 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 95.5% |
| Median price per sq ft | $295/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 5 |
| Listings with a price cut | 12.5% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Island Park by property type?
How the Island Park, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $500,000 | $292/sq ft | 1 | 19 days |
Source: Redfin · Updated monthly
The Island Park housing market is currently classified as a leaning buyer's with a median sale price of $625,000. Prices have risen 1.6% compared to last year, with homes spending an average of 29 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.3x provides context for how home values compare to local earning capacity.
Homes for sale in Island Park
There are currently 8 homes listed for sale in Island Park, New York. The median listing price is $849K.
Active listings
8
Homes on market
Median list price
$849K
Avg. days on market
29
Days until sale
New this week
5
Newly listed
Who lives in Island Park?
Population
4,958
Median income
$104,657/yr
Median age
42.4 years
Owner-occupied
52.3%
College grads
30.1%
Avg commute
35.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Island Park?
Zillow home value
$760,781
Zillow rent index
$3,440/mo
Price-to-rent ratio
18.4x
Price-to-income
7.3x
Source: Zillow Research
What is it like to live in Island Park?
Island Park is a community of approximately 5K residents with a median age of 42.4 years.The median household income is $104,657, which reflects a relatively affluent area with strong earning potential. 30.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 52.3%, showing a blend of owner and renter-occupied properties. The average commute time is 35.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Island Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Island Park?
2 schools tracked · 717 students
The largest public schools serving Island Park, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
FRANCIS X HEGARTY ELEMENTARY SCHOOL
Grades PK-4 · 458 students
ISLAND PARK LINCOLN ORENS MIDDLE SCHOOL
Grades 5-8 · 259 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Island Park, NY?
Want a head-to-head view? Compare Island Park side-by-side with any other U.S. city using our market-comparison tool.
Is Island Park a good real estate investment market?
For investors evaluating Island Park, the price-to-rent ratio of 18.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 1.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Island Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Island Park's median home price.
Frequently asked questions
What is the average home price in Island Park?
The median home sale price in Island Park is $625,000, up 1.6% from last year.
How long do homes stay on market in Island Park?
Homes typically spend 29 days on market before going under contract.
What is the median income in Island Park?
The median household income is $104,657 per year.
Is Island Park a buyer's or seller's market?
With 4.0 months of supply, Island Park is currently a leaning buyer's.
What is the Zillow home value estimate for Island Park?
The Zillow Home Value Index (ZHVI) for Island Park is $760,781, representing the typical home value in the area.
How much does a single-family home cost in Island Park?
The median single-family home price in Island Park, NY is $500,000 (about $292 per square foot).
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