West Islip, New York Housing Market Prices
West Islip Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 32% above the New York median$625,000
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Median rent 69% above the New York median$2,743
Housing Market Overview
| Metric | West Islip | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $625,000 | $471,885 | $248,835 |
| Price Trend (Annual %) | 8.6% | 7.1% | 7.5% |
| Median Gross Rent | $2,743 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 8.4% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in West Islip is about 32% higher than in New York. Rent is about 69% higher than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in West Islip, up about 8.6% and 8.4% a year respectively. Home prices are changing faster.
Median rent in West Islip rose about 124.5% between 2015 and 2024, from $1,222 to $2,743. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in West Islip.
Buying the median-priced home in West Islip costs roughly 19.0 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in West Islip. The price-to-rent ratio in New York is about 24.3.
| Metric | West Islip | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $625,000 | $471,885 | $248,835 |
| Median Household Income | $178,823 | $86,556 | $80,455 |
| Price-to-Income Ratio | 3.5 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in West Islip rose about 68.5%, while median household income rose about 62.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | West Islip | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 93.0% | 48.8% | 58.5% |
| Rental Rate | 4.9% | 41.1% | 31.2% |
| Vacancy Rate | 2.1% | 10.1% | 10.2% |
| Median Tenure (years) | 21.0 | 17.0 | 15.0 |
| Median Year Moved In | 2005 | 2009 | 2011 |
West Islip has a homeownership rate of 93.0%, higher than the New York average of 48.8%. Its housing vacancy rate is 2.1%, compared with 10.1% in New York.
Housing Stock
| Metric | West Islip | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.11 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1961 | 1960 | 1978 |
| Median Number of Rooms | 7.3 | 5.0 | 5.5 |
The typical housing unit in West Islip was built around 1961. On average, 3.1 people live in a home with about 7.3 rooms, staying for about 21.0 years on average.
Frequently Asked Questions
Common questions about the housing market in West Islip, New York.
What is the median home price in West Islip, New York?
The median home price in West Islip, New York is $625,000, higher than the New York average of $471,885.
What is the average home price in West Islip, New York?
The typical home price in West Islip, New York, reported as the median sale price, is $625,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in West Islip, New York?
The median gross rent in West Islip, New York is $2,743 per month, higher than the New York average of $1,621.
What was the median gross rent in West Islip in 2020?
In 2020, the median gross rent in West Islip, New York was $2,064 per month.
What is the price-to-rent ratio in West Islip, New York?
The price-to-rent ratio in West Islip, New York is about 19.0, meaning it would take roughly 19.0 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in West Islip.
Are home prices or rent rising faster in West Islip, New York?
Both home prices and rent are rising in West Islip, up about 8.6% and 8.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in West Islip, New York?
93.0% of households in West Islip, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in West Islip, New York?
The housing vacancy rate in West Islip, New York is 2.1%, lower than the New York average of 10.1%.
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