Great Neck, NY

Leaning buyer's-31.5% YoY

Housing market overview · Updated weekly

$685,000median sale price

Homes sold

9

Last 12 weeks

Days on market

115

Average pace

Active listings

31

3.4 months supply

Sale-to-list

93.9%

Below asking

The Great Neck housing market is currently classified as a leaning buyer's with a median sale price of $685,000. Prices have fallen 31.5% compared to last year, with homes spending an average of 115 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Great Neck

There are currently 31 homes listed for sale in Great Neck, New York. The median listing price is $720K.

Active listings

31

Homes on market

Median list price

$720K

Avg. days on market

115

Days until sale

New this week

12

Newly listed

Price drops:9.7%of listings
Sale-to-list:93.9%

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Frequently asked questions

What is the average home price in Great Neck?

The median home sale price in Great Neck is $685,000, down 31.5% from last year.

How long do homes stay on market in Great Neck?

Homes typically spend 115 days on market before going under contract.

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

With 3.4 months of supply, Great Neck is currently a leaning buyer's.

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