There are currently 298 real estate properties in Islip, NY, with a median automated valuation model (AVM) price of $572,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Islip, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Islip, NY, is $1,042,795.00, with the most expensive house in Islip, NY, topping out at $13,586,500.00 and the cheapest home in Islip, NY, clocking in at $219,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Islip, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Islip, NY, is on a rollercoaster ride. The average rent price in Islip, NY, is $2,899.00. Indeed, when looking to rent in Islip, NY, you can expect to pay as little as $1,450.00 or as much as $4,840.00, with the average rent median estimated to be $2,730.00. The good news is that finding an affordable and desirable property to rent in Islip, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Islip, NY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Islip, NY and much more. Save thousands at closing with home foreclosure listings in Islip, NY — up to 75% off market value!
Islip is located in Suffolk, New York, with an estimated municipal population of 331,499 residents. All of the best foreclosed homes for sale in Islip are located in the following zip code areas on Foreclosure.com: 11769 11705 11718 11796 11795 11716 11741 11742 11749 11717 11779 11770 11722 11752 11751 11706 11702 11782 11788 11730 11739 00501 11760. The estimated population per square kilometer (.62 miles) in Islip is 1,233.
So, about how much do homes cost in Islip? The most recent median value of resident-owned homes in Islip is 365,955. An estimated 78.5 percent of households in Islip own their homes, with an average family size of 3.82. The median household income in Islip is 98,387, with49.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Islip, the median commute time of resident workers (in minutes) is 31. And last, but certainly not least, are you looking for homes to rent in Islip? If so, the average rent price paid by renters in Islip is 1,730, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Islip, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Islip is 38.4, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Islip is 47.1, with an average family size of 3.82.
The percentage of residents who report their race in Islip is as follows:
|Black / African American||10.2%|
|American Indian / Alaskan Native||0.5%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Islip? Or maybe you are searching for 55+ active adult communities in and/or near Islip?
The percentage of residents who report their age in Islip is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Islip with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Islip.
How do you know that living in -- or moving to -- Islip is right where you need to be? Perhaps you grew up in Islip or already live nearby; therefore, the decision to buy a home in Islip is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Islip for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Islip:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Islip.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Islip can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Islip, meanwhile, can field multiple offers from more qualified buyers.
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