Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 27,048, 8,664 total housing units (homes and apartments), and a median house value of $794,468, West Islip house prices are not only among the most expensive in New York, West Islip real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in West Islip, accounting for 96.72% of the town's housing units. Other types of housing that are prevalent in West Islip include row houses and other attached homes ( 1.82%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in West Islip. Owner-occupied housing accounts for 95.80% of West Islip's homes, and 80.00% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. West Islip's housing was primarily built during this period, from the '40s through the '60s. A full 71.79% of the town's housing hails from this era. Other housing ages represented in West Islip include homes built between 1970-1999 ( 18.21%) and housing constructed between 2000 and later ( 5.30%). There's also some housing in West Islip built before 1939 ( 4.70%).
West Islip's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in West Islip during the period has been just 5.61%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, West Islip's appreciation rate, at 8.58%, has been at or slightly above the national average. In the latest quarter, West Islip's appreciation rate has been 3.75%, which annualizes to a rate of 15.86%.
Relative to New York, our data show that West Islip's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within West Islip differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in West Islip - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best West Islip real estate investment or home purchase decisions.
$794,468
for New york
for nation
8,664
$5,050 / per month