Islip Terrace, NY Real Estate

According to census data in the year 2000 there were 1,784 housing units in Islip Terrace. This represents a 7% growth from 1,667 in 1990.

Of those housing units, 1,784 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Islip Terrace is about 87.4%. Islip Terrace's vacancy rate, including seasonal lodging, is about 1.6%. Average household size is 3.21 people.

The majority of houses, apartments or condos in Islip Terrace were built after 1961.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom4.40%
Two Bedrooms11.50%
Three Bedrooms47.70%
Four Bedrooms27.70%
Five Bedrooms or more7.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.35
Median year structure was built1961
Median Value of occupied units$170,700
Median Price asked for vacant units$118,100

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1961
Median Monthly Rent asked for vacant units$1,313

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.30%
Home Equity Loan9.90%
Simple Mortgage59.60%
Debt Free21.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs26.3%