Much like its nearby areas, it is substantially more expensive compared to the nation as a whole. Compared to the city of New York however, it is a lot less expensive.
Home prices
The median home price in Islip is $378,600. Compared to nearby areas it is approximately $6,360 (1%) lower.In comparison to the rest of the nation it is roughly $161,100 (74%) higher, and in comparison to the city of New York it is approximately $227,400 (37%) lower.
Rents
In Islip the median rent is $1,620 a month. Compared to nearby areas this is approximately $384 (19%) lower.Compared to the rest of the nation it is roughly $558 (52%) higher, and is roughly $177 (12%) higher compared to the city of New York.
Nearby places
East Islip
East Islip is Islip's neighbor to the east. Its real estate prices are a bit more expensive. The median home in East Islip costs $416,000, which works out to $37,400 (8%) higher than Islip. The rent there is a little more expensive. The median rent in East Islip is $1,914 a month, which works out to $294 (15%) higher than Islip.
Bay Shore
Bay Shore is Islip's neighbor to the west. Its real estate prices are a little less expensive. Bay Shore's median home value is $335,300, which comes out to $43,300 (12%) lower than Islip. Rent there is somewhat less expensive. The median monthly rent in Bay Shore is $1,442, which works out to $178 (12%) lower than Islip.
Islip Terrace
Islip Terrace is Islip's neighbor to the northeast. Its real estate prices are a bit less expensive. The median home in Islip Terrace costs $359,300, which works out to $19,300 (5%) lower than Islip. Rent there is significantly more expensive. In Islip Terrace the median monthly rent is $2,412, which comes out to $792 (32%) higher than Islip.
North Bay Shore
North Bay Shore is Islip's neighbor to the northwest. Real estate prices there are somewhat less expensive. The median home price in North Bay Shore is $298,400, which is $80,200 (26%) lower than Islip. Its rents are somewhat more expensive. In North Bay Shore the median monthly rent is $1,709, which is $89 (5%) higher than Islip.
Brightwaters
Brightwaters is roughly 2 miles southwest of Islip. Housing prices there are a bit more expensive. The median home in Brightwaters costs $515,800, which is $137,200 (26%) higher than Islip. Rents there are significantly more expensive. Brightwaters's median rent is $2,542 per month, which comes out to $922 (36%) higher than Islip.
