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Sarah Mitchell

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Compass Real Estate · Great Neck, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Great Neck, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Great Neck, NY Housing Market & Real Estate

Buyer's market+115.7% YoY

Housing market overview · Updated monthly ·

$1.10Mmedian sale price

How is the Great Neck, NY housing market right now?

The median home sale price in Great Neck, NY is $1.10M, up 115.7% year-over-year. Homes sell in an average of 52 days with 35 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Great Neck a buyer's or seller's market?

Buyer's market5.0 months of supply52 avg. days on market

Great Neck, NY is currently a buyer's market, based on 5.0 months of supply and homes selling in about 52 days. How we determine this →

Homes sold

7

Last 12 weeks

Days on market

52

Average pace

Active listings

35

5.0 months supply

Sale-to-list

95.5%

Below asking

What does the Great Neck housing market data show?

Current housing market statistics for Great Neck, NY
MetricValue
Median sale price$1.10M
Median list price$1.22M
Year-over-year price change+115.7%
Average days on market52 days
Active inventory35 listings
Months of supply5.0 months
Sale-to-list price ratio95.5%
Median price per sq ft$778/sq ft
Homes sold (latest month)7
New listings (latest month)14
Listings with a price cut20.0%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Great Neck by property type?

How the Great Neck, NY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Great Neck, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.20M$821/sq ft55 days
Condo / Co-op$302,500$515/sq ft2156 days

Source: Redfin · Updated monthly

The Great Neck housing market is currently classified as a buyer's market with a median sale price of $1.10M. Prices have risen 115.7% compared to last year, with homes spending an average of 52 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 10.9x provides context for how home values compare to local earning capacity.

Homes for sale in Great Neck

There are currently 35 homes listed for sale in Great Neck, New York. The median listing price is $1.2M. Featured listings range from $320,000 to $12,000,000.

1 bedroom coop for sale at 13 W Mill Dr Apt 4A Great Neck 11021 - $320,000
New Listing
21
$320,000

13 W Mill Dr Apt 4A

Great Neck, NY 11021

1 bd1 ba650 sqft$492/ft²
coop

Lorber Hoffman RE Group LLC

View photos & details
1 bedroom coop for sale at 4 Maple Dr Apt 6O Great Neck 11021 - $323,000
New Listing
28
$323,000

4 Maple Dr Apt 6O

Great Neck, NY 11021

1 bd1 ba
coop

LAFFEY REAL ESTATE

View photos & details
3 bedroom house for sale at 3 Walnut Pl Great Neck 11021 - $875,000
New Listing
$875,000

3 Walnut Pl

Great Neck, NY 11021

3 bd1 ba1,008 sqft$868/ft²
House2,178 sqft lot

Daniel Gale Sothebys Intl Rlty

View photos & details
4 bedroom house for sale at 76 Baker Hill Rd Great Neck 11023 - $1,150,000
New Listing
18
$1,150,000

76 Baker Hill Rd

Great Neck, NY 11023

4 bd3 ba2,119 sqft$543/ft²
House10,498 sqft lot

Keller Williams Rty Gold Coast

View photos & details
5 bedroom multi-family for sale at 51 Summer Ave Great Neck 11020 - $1,250,000
New Listing
$1,250,000

51 Summer Ave

Great Neck, NY 11020

5 bd2 ba
Multi-family6,000 sqft lot
View photos & details
3 bedroom house for sale at 24 Welwyn Rd Great Neck 11021 - $1,299,000
New Listing
25
$1,299,000

24 Welwyn Rd

Great Neck, NY 11021

3 bd3 ba1,880 sqft$691/ft²
House8,102 sqft lot

Coldwell Banker American Homes

View photos & details
4 bedroom house for sale at 30 Highland Pl Great Neck 11020 - $1,399,999
38
$1,399,999

30 Highland Pl

Great Neck, NY 11020

4 bd3 ba1,949 sqft$718/ft²
House1,699 sqft lot

Keller Williams Realty Greater

View photos & details
4 bedroom house for sale at 2 Pickwood Ln Great Neck 11024 - $1,580,000
New Listing
38
$1,580,000

2 Pickwood Ln

Great Neck, NY 11024

4 bd3 ba2,060 sqft$767/ft²
House5,489 sqft lot

Integrity Core Realty

View photos & details
4 bedroom house for sale at 3 Ascot Ridge Rd Great Neck 11021 - $2,480,000
New Listing
9
$2,480,000

3 Ascot Ridge Rd

Great Neck, NY 11021

4 bd5 ba3,311 sqft$749/ft²
House9,065 sqft lot

1 Home Realty

View photos & details
5 bedroom house for sale at 120 Baker Hill Rd Great Neck 11023 - $2,626,000
New Listing
25
$2,626,000

120 Baker Hill Rd

Great Neck, NY 11023

5 bd6 ba4,000 sqft$657/ft²
House7,000 sqft lot

Owner Entry.com

View photos & details
7 bedroom house for sale at 18 Robin Way Great Neck 11021 - $3,980,000
New Listing
27
$3,980,000

18 Robin Way

Great Neck, NY 11021

7 bd5 ba6,671 sqft$597/ft²
House15,002 sqft lot

Winzone Realty Inc

View photos & details
6 bedroom house for sale at 150 W Shore Rd Great Neck 11024 - $12,000,000
New Listing
3
$12,000,000

150 W Shore Rd

Great Neck, NY 11024

6 bd5 ba8,126 sqft$1477/ft²
House1.60 acres

S Sharf Realty Inc

View photos & details

Looking to buy in Great Neck?

Get connected with a local real estate expert — free, no obligation.

Active listings

35

Homes on market

Median list price

$1.2M

Avg. days on market

52

Days until sale

New this week

14

Newly listed

Price drops:20.0%of listings
Sale-to-list:95.5%

Who lives in Great Neck?

Population

11,068

Median income

$137,095/yr

Median age

34.4 years

Owner-occupied

70.8%

College grads

58.4%

Avg commute

38.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Great Neck?

Zillow home value

$1.49M

Zillow rent index

$4,908/mo

Price-to-rent ratio

25.4x

Price-to-income

10.9x

Source: Zillow Research

What is it like to live in Great Neck?

Great Neck is a community of approximately 11K residents with a median age of 34.4 years.The median household income is $137,095, which reflects a relatively affluent area with strong earning potential. 58.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 70.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Great Neck offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Great Neck?

9 schools tracked · 6,489 students

The largest public schools serving Great Neck, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

GREAT NECK SOUTH HIGH SCHOOL

Grades 9-12 · 1,322 students

Public

GREAT NECK NORTH HIGH SCHOOL

Grades 9-12 · 1,163 students

Public

GREAT NECK SOUTH MIDDLE SCHOOL

Grades 6-8 · 827 students

Public

LAKEVILLE ELEMENTARY SCHOOL

Grades 1-5 · 763 students

Public

GREAT NECK NORTH MIDDLE SCHOOL

Grades 6-8 · 729 students

Public

E M BAKER SCHOOL

Grades K-5 · 643 students

Public

SADDLE ROCK SCHOOL

Grades K-5 · 547 students

Public

JOHN F KENNEDY SCHOOL

Grades PK-5 · 446 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Great Neck, NY?

Want a head-to-head view? Compare Great Neck side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Great Neck?

Is Great Neck a good real estate investment market?

For investors evaluating Great Neck, the price-to-rent ratio of 25.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 115.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Great Neck's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Great Neck's median home price.

Frequently asked questions

What is the average home price in Great Neck?

The median home sale price in Great Neck is $1.10M, up 115.7% from last year.

How long do homes stay on market in Great Neck?

Homes typically spend 52 days on market before going under contract.

What is the median income in Great Neck?

The median household income is $137,095 per year.

Is Great Neck a buyer's or seller's market?

With 5.0 months of supply, Great Neck is currently a buyer's market.

How many homes are for sale in Great Neck?

There are currently 35 homes listed for sale in Great Neck, NY.

What is the Zillow home value estimate for Great Neck?

The Zillow Home Value Index (ZHVI) for Great Neck is $1.49M, representing the typical home value in the area.

What is the median condo price in Great Neck?

The median condo/co-op sale price in Great Neck, NY is $302,500, compared to $1.20M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Great Neck?

The median single-family home price in Great Neck, NY is $1.20M (about $821 per square foot).

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