Is Island Park, NY 11558 a buyer’s or seller’s market?

The Island Park housing market right now

In the three months ending August 31, 2026, 24% of homes in Island Park, NY 11558 sold above their list price, the typical home went under contract in 61 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 53%, homes sold more slowly (29 days then) and the median sale price rose 25% to $784,660. Overall, Island Park is less competitive than a year ago, which gives buyers more room.

Within Nassau County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell less often over asking than in 83%. On our competition score, Island Park ranks #487 of 649 NY ZIP codes with enough sales (score 46 out of 100).

Nearby, buyers who want less competition could look at Point Lookout 11569 (0% sold over asking) or Atlantic Beach 11509 (0% sold over asking), while Malverne 11565 (75% sold over asking) and Wantagh 11793 (74% sold over asking) are even more competitive.