Market Intelligence · NY / Great Neck

Great Neck, NY 11023 Housing Market

The typical home value in Great Neck is $1,536,126, up 3.3% over the past year. The median list price stands at $1,972,000, with homes spending a median of 59 days on market as of August 2026.

Updated August 2026Median value$1499K

The median home value in Great Neck, NY 11023 is $1.5M as of August 2026, up 3.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 11023 range

$1.38M to $1.62M

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

+3.3% over 12 months

Typical home value in 11023 over the last 12 months: $1.45M in Aug 2025 to $1.5M in Aug 2026 (+3.3%).

Aug 2025$1.45M

Aug 2026$1.5M

The numbers

What is the 11023 housing market like?

Typical home value

$1.5M

Up3.3%YoY

Median list price

$1.97M

Down5.6%MoM

Days on market

59

Up20.4%MoM

Homes for sale

26

Down3.7%MoM

Price cuts

18.2%

Up16.1%MoM

New listings

8

Flat0.0%MoM

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

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The comparison

How do 11023 home prices compare?

  • 11023$1,499,262
  • Great Neck$1,570,384
  • New York$332,241
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Great Neck: 4 ZIPs; New York: 1,561 ZIPs; United States: 26,265 ZIPs).

Context

Great Neck's market shows modest momentum, with values gaining 3.3% annually while 26 homes are currently listed for sale. New listings number 8, suggesting a steady flow of inventory onto the market. However, 18.2% of listings have seen a price cut, indicating some sellers are adjusting to buyer realities. The median time to sell remains 59 days, which reflects a market where both buyers and sellers are taking their time to find alignment.

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