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Featured local agent — Islip Terrace, NY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Islip Terrace, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Islip Terrace, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Islip Terrace, NY Housing Market & Real Estate

Seller's market+1.0% YoY

Housing market overview · Updated monthly ·

$656,000median sale price

How is the Islip Terrace, NY housing market right now?

The median home sale price in Islip Terrace, NY is $656,000, up 1.0% year-over-year. Homes sell in an average of 76 days with 6 active listings. The market is currently a seller's market. (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 Islip Terrace a buyer's or seller's market?

Seller's market2.0 months of supply76 avg. days on market

Islip Terrace, NY is currently a seller's market, based on 2.0 months of supply and homes selling in about 76 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

76

Average pace

Active listings

6

2.0 months supply

Sale-to-list

103.5%

Above asking

What does the Islip Terrace housing market data show?

Current housing market statistics for Islip Terrace, NY
MetricValue
Median sale price$656,000
Median list price$744,000
Year-over-year price change+1.0%
Average days on market76 days
Active inventory6 listings
Months of supply2.0 months
Sale-to-list price ratio103.5%
Median price per sq ft$369/sq ft
Homes sold (latest month)3
New listings (latest month)6
Listings with a price cut16.7%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Islip Terrace by property type?

How the Islip Terrace, NY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Islip Terrace, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$656,000$369/sq ft376 days

Source: Redfin · Updated monthly

The Islip Terrace housing market is currently classified as a seller's market with a median sale price of $656,000. Prices have risen 1.0% compared to last year, with homes spending an average of 76 days on market, indicating 2.0 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 4.3x provides context for how home values compare to local earning capacity.

Homes for sale in Islip Terrace

There are currently 6 homes listed for sale in Islip Terrace, New York. The median listing price is $744K.

Active listings

6

Homes on market

Median list price

$744K

Avg. days on market

76

Days until sale

New this week

6

Newly listed

Price drops:16.7%of listings
Sale-to-list:103.5%

Who lives in Islip Terrace?

Population

5,223

Median income

$155,741/yr

Median age

41.9 years

Owner-occupied

91.0%

College grads

33.7%

Avg commute

30.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Islip Terrace?

Zillow home value

$662,347

Price-to-income

4.3x

Source: Zillow Research

What is it like to live in Islip Terrace?

Islip Terrace is a community of approximately 5K residents with a median age of 41.9 years.The median household income is $155,741, which reflects a relatively affluent area with strong earning potential. 33.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 91.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Islip Terrace offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Islip Terrace?

4 schools tracked · 2,634 students

The largest public schools serving Islip Terrace, 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.

EAST ISLIP HIGH SCHOOL

Grades 9-12 · 1,178 students

Public

EAST ISLIP MIDDLE SCHOOL

Grades 6-8 · 786 students

Public

CONNETQUOT ELEMENTARY SCHOOL

Grades PK-2 · 364 students

Public

RUTH C KINNEY ELEMENTARY SCHOOL

Grades 3-5 · 306 students

Public

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 Islip Terrace, NY?

Want a head-to-head view? Compare Islip Terrace side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Islip Terrace?

The median home sale price in Islip Terrace is $656,000, up 1.0% from last year.

How long do homes stay on market in Islip Terrace?

Homes typically spend 76 days on market before going under contract.

What is the median income in Islip Terrace?

The median household income is $155,741 per year.

Is Islip Terrace a buyer's or seller's market?

With 2.0 months of supply, Islip Terrace is currently a seller's market.

What is the Zillow home value estimate for Islip Terrace?

The Zillow Home Value Index (ZHVI) for Islip Terrace is $662,347, representing the typical home value in the area.

How much does a single-family home cost in Islip Terrace?

The median single-family home price in Islip Terrace, NY is $656,000 (about $369 per square foot).

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