Home prices
The median home value in Island Park is $399,300. Compared to the surrounding areas it is approximately $84,060 (17%) lower.It is about $181,800 (83%) higher compared to the United States as a whole, and in comparison to the city of New York it is approximately $206,700 (34%) lower.
Rents
Island Park's median rent is $1,689 per month. Compared to other places in this area it is roughly $418 (19%) lower.Compared to the United States as a whole it is roughly $627 (59%) higher, and in comparison to the city of New York is roughly $246 (17%) higher.
Nearby places
Long Beach
Long Beach is approximately 1 mile southwest of Island Park. The real estate prices there are a little more expensive. The median home cost in Long Beach is $508,800, which is $109,500 (21%) higher than Island Park. Rent there is somewhat more expensive. The median monthly rent in Long Beach is $1,874, which comes out to $185 (9%) higher than Island Park.
Bay Park
Bay Park is approximately 1 mile north from Island Park. The housing prices there are a little less expensive. The median home in Bay Park is valued at $312,800, which works out to $86,500 (27%) lower than Island Park. Its rents are somewhat more expensive. In Bay Park the median monthly rent is $2,227, which works out to $538 (24%) higher than Island Park.
Oceanside
Oceanside is approximately 2 miles northeast of Island Park. The real estate prices there are a bit more expensive. The median home value in Oceanside is $472,100, which works out to $72,800 (15%) higher than Island Park. The rent there is a little less expensive. The median rent in Oceanside is $1,581 a month, which comes out to $108 (6%) lower than Island Park.
Lido Beach
Lido Beach is approximately 2 miles southeast from Island Park. The real estate prices there are substantially more expensive. Lido Beach's median home cost is $652,500, which comes out to $253,200 (38%) higher than Island Park. Rents there are substantially more expensive. The median rent in Lido Beach is $3,173 per month, which is $1,484 (46%) higher than Island Park.
East Rockaway
East Rockaway is about 2 miles north of Island Park. The housing prices there are somewhat more expensive. The value of the median home in East Rockaway is $470,600, which works out to $71,300 (15%) higher than Island Park. Its rents are fairly similar. In East Rockaway the median monthly rent is $1,679, which is very similar to Island Park.