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Market Intelligence · NY / Nassau County

Great Neck, NY home prices and housing market

4 ZIP markets liveData updated September 2026Typical value$1.57M1-yr changeUp5.5%

The typical home value in Great Neck, NY is $1.57M as of September 2026, up 5.5% from a year ago, based on the Zillow Home Value Index. In the typical Great Neck ZIP code, the median list price is $1.8M and homes spend a median of 60 days on market as of September 2026 (Realtor.com).

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The coverage

Great Neck, by the numbers.

Typical home valueZillow ZHVI, September 2026
$1.57M
1-yr changeMedian across Great Neck ZIPs
+5.5%
ZIP markets live5 tracked in Great Neck
4
County
Nassau County

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12-month value trend

+5.5% over 12 months

Typical home value in Great Neck over the last 12 months: $1.48M in Sep 2025 to $1.57M in Sep 2026 (+5.5%).

Sep 2025$1.48M

Sep 2026$1.57M

Median Zillow home value index across Great Neck's ZIP codes.

Context

The typical home value in Great Neck is $1,566,247 as of September 2026, up 5.5% over the past year. That is a solid annual gain, and it suggests demand for homes here has held up. Sellers have some support on pricing, with a median list price of $1,795,500 across the city. Inventory sits at 147 homes for sale, with 26 new listings coming on in September 2026. Homes are taking a median of 60 days to sell, and 11.3% of listings have taken a price cut, so buyers are not rushing and overpriced homes are getting adjusted. For a Great Neck homeowner, the market favors sellers who price realistically from the start rather than testing the top of the range.

The numbers

What is the housing market like in Great Neck, NY?

Typical home value

$1.57M

Up5.5%YoY

Median list price

$1.8M

Days on market

60

Homes for sale

147

Price cuts

11.3%

New listings

26

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Great Neck's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Great Neck, NY home prices over time

Typical home values in Great Neck, NY are up 5.5% over the past year, from $1.48M in September 2025 to $1.57M in September 2026.

Typical home value in Great Neck, NY, September of each year
MonthTypical value1-yr change
September 2026$1,566,247+5.5%
September 2025$1,484,566No prior year

Typical value is the median Zillow Home Value Index across Great Neck ZIP codes, taken in September of each year so every row compares the same month.

Market balance

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

Great Neck, NY leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 60 days on market and 11% of listings with a price cut in the typical Great Neck ZIP code, and 26 new listings against 147 active listings across Great Neck, as of September 2026 (Realtor.com).

The outlook

Great Neck housing market forecast 2027

+2.7%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 4 Great Neck ZIP codes, points to typical home values rising 2.7% by September 2027.

Over the 12 months through September 2026, typical home values in Great Neck rose 5.5%, per the Zillow Home Value Index.

Will home prices drop in Great Neck?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Great Neck shows typical home values rising 2.7% by September 2027, after a 5.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 4 Great Neck ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Great Neck?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 5 Great Neck ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Great Neck, NY home prices.

How much is a home in Great Neck worth?

The typical home value in Great Neck is $1,566,247 as of September 2026, up 5.5% over the past year. This is a citywide figure, so an individual home may be worth more or less.

How long does it take to sell a home in Great Neck?

Homes in Great Neck are spending a median of 60 days on the market as of September 2026. Pricing matters, since 11.3% of listings have had a price cut.

How competitive is the Great Neck housing market?

There were 147 homes for sale in Great Neck as of September 2026, with 26 new listings added that month. The median list price across the city is $1,795,500.

Are home prices going up or down in Great Neck, NY?

Typical home values in Great Neck, NY are up 5.5% over the past year, based on the Zillow Home Value Index as of September 2026.

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

Great Neck, NY leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 60 days on market and 11% of listings with a price cut in the typical Great Neck ZIP code, and 26 new listings against 147 active listings across Great Neck, as of September 2026 (Realtor.com).

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