
13 W Mill Dr Apt 4A
Great Neck, NY 11021
Lorber Hoffman RE Group LLC
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Housing market overview · Updated monthly ·
$1.10Mmedian sale price
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.)
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
| Metric | Value |
|---|---|
| Median sale price | $1.10M |
| Median list price | $1.22M |
| Year-over-year price change | +115.7% |
| Average days on market | 52 days |
| Active inventory | 35 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 95.5% |
| Median price per sq ft | $778/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 14 |
| Listings with a price cut | 20.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How the Great Neck, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.20M | $821/sq ft | 5 | 5 days |
| Condo / Co-op | $302,500 | $515/sq ft | 2 | 156 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.
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.

Great Neck, NY 11021
Lorber Hoffman RE Group LLC

Great Neck, NY 11021
LAFFEY REAL ESTATE

Great Neck, NY 11021
Daniel Gale Sothebys Intl Rlty

Great Neck, NY 11023
Keller Williams Rty Gold Coast

Great Neck, NY 11020

Great Neck, NY 11021
Coldwell Banker American Homes

Great Neck, NY 11020
Keller Williams Realty Greater

Great Neck, NY 11024
Integrity Core Realty

Great Neck, NY 11021
1 Home Realty

Great Neck, NY 11023
Owner Entry.com

Great Neck, NY 11021
Winzone Realty Inc

Great Neck, NY 11024
S Sharf Realty Inc
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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
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
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
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.
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
GREAT NECK NORTH HIGH SCHOOL
Grades 9-12 · 1,163 students
GREAT NECK SOUTH MIDDLE SCHOOL
Grades 6-8 · 827 students
LAKEVILLE ELEMENTARY SCHOOL
Grades 1-5 · 763 students
GREAT NECK NORTH MIDDLE SCHOOL
Grades 6-8 · 729 students
E M BAKER SCHOOL
Grades K-5 · 643 students
SADDLE ROCK SCHOOL
Grades K-5 · 547 students
JOHN F KENNEDY SCHOOL
Grades PK-5 · 446 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Great Neck side-by-side with any other U.S. city using our market-comparison tool.
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.
The median home sale price in Great Neck is $1.10M, up 115.7% from last year.
Homes typically spend 52 days on market before going under contract.
The median household income is $137,095 per year.
With 5.0 months of supply, Great Neck is currently a buyer's market.
There are currently 35 homes listed for sale in Great Neck, NY.
The Zillow Home Value Index (ZHVI) for Great Neck is $1.49M, representing the typical home value in the area.
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.
The median single-family home price in Great Neck, NY is $1.20M (about $821 per square foot).
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