Is Islandia, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Islandia has remained a Buyer's Market.
Housing Prices in Islandia, NY
How much do homes in Islandia, NY cost?
Median Sold Price
$344,500
$341/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Summary: The median home sold price in Islandia was $344,500 in June 2024, down 0.1% from last month, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $330K | N/A |
2 Bedrooms | $483.7K | $344.5K | -28.8% |
3 Bedrooms | $300K | - | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Islandia housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Islandia, NY
How many homes are available in Islandia, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
25 | 25 | 0.0% |
Summary: The Islandia real estate market had 25 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Islandia housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Islandia in June 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Islandia, NY
How long does it take to sell a home in Islandia, NY?
Average Sale Time
May 2024 | Jun 2024 | CHANGE |
---|---|---|
167 Days | 32 Days | -80.9% |
Summary: Homes in Islandia had an average of 32 days on market in Jun 2024, down by 80.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 3 homes were sold in Islandia; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.