Great Neck Plaza, NY

Buyer's market-32.5% YoY

Housing market overview · Updated weekly

$482,500median sale price

Homes sold

8

Last 12 weeks

Days on market

57

Average pace

Active listings

34

4.3 months supply

Sale-to-list

94.2%

Below asking

The Great Neck Plaza housing market is currently classified as a buyer's market with a median sale price of $482,500. Prices have fallen 32.5% compared to last year, with homes spending an average of 57 days on market, indicating 4.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Great Neck Plaza

There are currently 34 homes listed for sale in Great Neck Plaza, New York. The median listing price is $559K.

Active listings

34

Homes on market

Median list price

$559K

Avg. days on market

57

Days until sale

New this week

12

Newly listed

Price drops:8.8%of listings
Sale-to-list:94.2%

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Frequently asked questions

What is the average home price in Great Neck Plaza?

The median home sale price in Great Neck Plaza is $482,500, down 32.5% from last year.

How long do homes stay on market in Great Neck Plaza?

Homes typically spend 57 days on market before going under contract.

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

With 4.3 months of supply, Great Neck Plaza is currently a buyer's market.

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