Market Intelligence · NY / Great Neck

Great Neck, NY 11020 Housing Market

The typical home value in Great Neck, NY 11020 is $1,631,237, up 7.8% over the past year as of September 2026. Homes here list at a median price of $1,980,000, and they typically spend 43 days on the market before selling.

Updated September 2026Median value$1631K

The median home value in Great Neck, NY 11020 is $1.63M as of September 2026, up 7.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 11020 range

$1.5M to $1.76M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+7.8% over 12 months

Sep 2025$1.51M

Low $1.51MHigh $1.63M

Sep 2026$1.63M

The numbers

What is the 11020 housing market like?

As of September 2026

Typical home value

$1.63M

7.8%YoY

Median list price

$1.98M

4.2%MoM

Days on market

43.3%MoM

Homes for sale

4.5%MoM

Price cuts

18.6%

53.1%MoM

New listings

50.0%MoM

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

The outlook

11020 housing market forecast 2027

+2.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 11020 to rise 2.7% by September 2027.

Over the 12 months through September 2026, typical home values in 11020 rose 7.8%, per the Zillow Home Value Index.

Will home prices drop in 11020?

Zillow's forecast does not call for a drop: it expects typical home values in 11020 to rise 2.7% by September 2027, after a 7.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 11020 home prices compare?

11020$1,631,237
Great Neck$1,566,247
New York$329,626
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Great Neck: 4 ZIPs; New York: 1,561 ZIPs; United States: 26,262 ZIPs).

Context

The market in 11020 is small but steady, with 23 homes for sale and only 4 new listings coming on as of September 2026. The median list price of $1,980,000 sits well above the typical home value of $1,631,237, which suggests sellers are aiming high. Homes move in 43 days on median, and 18.6% of listings have taken a price cut, a sign that some of those asking prices are getting tested. Values are still climbing, up 7.8% over the past year. For a seller, the lesson is simple: price with discipline, because buyers here will wait out an overreach.

Monthly payment

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Home price

Down payment20% · $326,247

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Common questions

What people ask us.

How much is a home in 11020 worth?

The typical home value in 11020 is $1,631,237 as of September 2026, up 7.8% over the past year. The median list price is higher at $1,980,000.

How fast do homes sell in 11020?

Homes in 11020 spend a median of 43 days on the market as of September 2026. Inventory is limited, with 23 homes for sale and 4 new listings.

Are sellers cutting prices in 11020?

Yes, 18.6% of listings in 11020 had a price cut as of September 2026. That share suggests pricing accurately at the start matters.

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Nearby ZIP markets.

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