Centre Island, NY housing market
The median sale price was $13,450,000 in February 2026.
Home values, sales, trends and how Centre Island compares with the towns next door — updated as new data is published.
Centre Island at a glance
Only 2 sales in February 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 45% in 5 years
The federal house price index for the ZIP code around Centre Island rose 45% over the past 5 years, slower than across New York (52%). Last year prices rose 9.3%.
Show as a table
| Year | Change that year | Since 2000 | New York since 2000 |
|---|---|---|---|
| 2025 | +9.3% | +173% | +189% |
| 2024 | +4.2% | +149% | +173% |
| 2023 | +16% | +139% | +154% |
| 2022 | +5.8% | +106% | +135% |
| 2021 | +3.8% | +95% | +108% |
| 2020 | +1.8% | +87% | +90% |
| 2019 | +2.8% | +84% | +84% |
| 2018 | +5.9% | +79% | +78% |
| 2017 | +10% | +69% | +68% |
| 2016 | −6.9% | +54% | +61% |
| 2015 | +7.6% | +65% | +56% |
| 2014 | −1.2% | +53% | +52% |
| 2013 | +1.5% | +55% | +48% |
| 2012 | −1% | +53% | +47% |
| 2011 | −2% | +55% | +51% |
| 2010 | −6.6% | +58% | +54% |
| 2009 | +0.4% | +69% | +59% |
| 2008 | −3.8% | +68% | +69% |
| 2007 | −7.2% | +75% | +73% |
| 2006 | +9.6% | +88% | +73% |
| 2005 | +16% | +72% | +62% |
| 2004 | +11% | +48% | +43% |
| 2003 | +6% | +33% | +28% |
| 2002 | +11% | +25% | +18% |
| 2001 | +12% | +12% | +8.3% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 11771, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
1 new home permitted in 2025
Builders were permitted 1 new home in Centre Island in 2025, worth about $1.9 million to build. Over the past 10 years, Centre Island has permitted 1 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $1.9 million |
| 2025 | 1 | 1 | 0 | $1.9 million |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 1 | 1 | 0 | $639,000 |
| 2001 | 1 | 1 | 0 | $1.8 million |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Centre Island and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Centre Island | — | +9.3%† | $2,490 | 1 | $218,036 |
| Bayville | $864K | +4.4% | $2,480 | 1 | $149,191 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $2,490
HUD's Fair Market Rent for a two-bedroom in Centre Island is $2,490 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,810 · 4 bedrooms $3,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (11771; Nassau-Suffolk, NY HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Centre Island
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, February 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.