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Market Intelligence · NY / Great Neck

Great Neck, NY 11023 Housing Market

In Great Neck, NY 11023, the typical home value is $1,501,257, up 3.1% over the past year as of September 2026. The median list price is $1,611,000, and homes have a median days on market of 76. Sellers are entering a high-priced market that is still rising, but not fast.

Updated September 2026Median value$1501K

The median home value in Great Neck, NY 11023 is $1.5M as of September 2026, up 3.1% 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 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

+3.1% over 12 months

Typical home value in 11023 over the last 12 months: $1.46M in Sep 2025 to $1.5M in Sep 2026 (+3.1%).

Sep 2025$1.46M

Sep 2026$1.5M

The numbers

What is the 11023 housing market like?

Typical home value

$1.5M

Up3.1%YoY

Median list price

$1.61M

Down18.3%MoM

Days on market

76

Up28.8%MoM

Homes for sale

24

Down7.7%MoM

Price cuts

15.2%

Down16.6%MoM

New listings

6

Down25.0%MoM

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

The outlook

11023 housing market forecast 2027

+2.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 11023 to rise 2.2% by September 2027.

Over the 12 months through September 2026, typical home values in 11023 rose 3.1%, per the Zillow Home Value Index.

Will home prices drop in 11023?

Zillow's forecast does not call for a drop: it expects typical home values in 11023 to rise 2.2% by September 2027, after a 3.1% 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 11023 home prices compare?

  • 11023$1,501,257
  • 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

Great Neck, NY 11023 had 24 homes for sale as of September 2026, with 6 new listings entering the market. The median list price was $1,611,000, while the typical home value was $1,501,257, up 3.1% over the past year. A median days on market of 76 points to a slower pace than a rapid seller's market. With 15.2% of listings taking a price cut, buyers have some room to test asking prices. For a seller, pricing should be realistic from the start because condition, timing, and patience matter.

Monthly payment

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20% · $300,251

Common questions

What people ask us.

How much is a home in 11023 worth?

The typical home value is $1,501,257, up 3.1% over the past year as of September 2026.

How long do homes take to sell in 11023?

The median days on market is 76 as of September 2026.

Are sellers cutting prices in 11023?

Yes, 15.2% of listings had a price cut as of September 2026, while there were 24 homes for sale and 6 new listings.

Discover

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