Housing Prices in Great Neck Estates, NY
How much do homes in Great Neck Estates, NY cost?
Median List Price
$1,988,500
$646/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Great Neck Estates has increased by 20.7% since last year.
Summary: The median home list price in Great Neck Estates was $1,988,500 in May 2024, up 20.7% from the previous year, and the median price per square foot was $646.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.2M | $1.2M | -1.0% |
| 3 Bedrooms | $1.2M | $1.5M | +27.4% |
| 4 Bedrooms | $1.4M | $1.9M | +38.9% |
| 5+ Bedrooms | $1.9M | $2.5M | +33.2% |
Summary: Great Neck Estates housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 27.4%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes increased by 33.2%.
Median List Price Compared To Nearby Cities
| Great Neck Estates | $1.6M | $1.9M | +20.7% |
| Kensington | $1.8M | $2.0M | +15.0% |
| North Hempstead | $899K | $998.7K | +11.1% |
| Great Neck | $948K | $1.0M | +10.6% |
| Great Neck Plaza | $439K | $437K | -0.5% |
Housing Supply in Great Neck Estates, NY
How many homes are available in Great Neck Estates, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Summary: The Great Neck Estates real estate market had 23 homes for sale in May 2024, a 27.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The Great Neck Estates housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 36.4%.
Days on Market for Great Neck Estates, NY
How long does it take to sell a home in Great Neck Estates, NY?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 163 Days | 119 Days | -26.9% |
Summary: Homes in Great Neck Estates had an average listing age of 119 days in May 2024, down by 26.9% compared to the previous year.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.