Great Neck, NY Home Values & Market Trends
Real estate market trends reflect that there have been 314 transactions over the past year in Great Neck. The median value for residential home transactions that occurred over the previous year is $1,798,000. The number of current listings in Great Neck is 510, and the percentage of properties for sale in the city is 510.00%. Great Neck, NY currently has 103 properties in foreclosure, 1 bank owned properties, 4 properties headed for auction, and 510 properties for sale.
Great Neck, NY Real Estate Market Overview
Housing Market Summary for Great Neck, NY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.8M | $1.8M | 4.57% |
| Median Sold Price | $1.6M | $1.6M | 1.61% |
| Homes For Sale | 349 | 506 | 44.99% |
| Homes Sold | 139 | 77 | -44.60% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Great Neck, NY
Browse Homes in Great Neck, NY
Great Neck home values range from $505,940 to $35,000,000. The median estimated value of a home in Great Neck is $1,798,000. The median list price of a home is 1,799,999.5, and the total count of properties in the city is 791.
- Pre-ForeclosurePre-foreclosure homes account for 12.39% of all residential properties in Great Neck, NY with 11023 containing 29 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Great Neck, NY; of those zips, the estimated home value for pre-foreclosure homes ranges from $4,728,933 in 11021 to the lowest home value of $739,929 in 11024.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Great Neck, NY ranges from the highest value of $1,649,000 in 11021 to the lowest value of $1,649,000 in 11021. Bank owned homes and properties account for 0.13% of properties in Great Neck, NY. There are 4 zips within Great Neck, NY; 11021 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions11024 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Great Neck, NY. Auction homes and other auction properties account for 0.51% of all properties in Great Neck, NY. There are 4 zips within Great Neck, NY; of those zips, the median estimated home value for homes going to auction ranges from $6,504,557 in 11021 to the lowest value of $1,040,417 in 11021.
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Guide for Great Neck, NY
New York Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
