Market Intelligence · NY / Great Neck

Great Neck, NY 11024 Housing Market

Homes in Great Neck typically value around $2,425,669, up 7.7% over the past year. The median list price stands at $3,333,400, with homes spending a median of 61 days on market.

Updated August 2026Median value$2423K

The median home value in Great Neck, NY 11024 is $2.42M as of August 2026, up 8.5% 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 11024 range

$2.23M to $2.62M

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

+8.5% over 12 months

Typical home value in 11024 over the last 12 months: $2.23M in Aug 2025 to $2.42M in Aug 2026 (+8.5%).

Aug 2025$2.23M

Aug 2026$2.42M

The numbers

What is the 11024 housing market like?

Typical home value

$2.42M

Up8.5%YoY

Median list price

$3.33M

Down1.7%MoM

Days on market

61

Down6.2%MoM

Homes for sale

23

Down8.0%MoM

Price cuts

8.5%

Down19.2%MoM

New listings

4

Up100.0%MoM

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

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The comparison

How do 11024 home prices compare?

  • 11024$2,422,899
  • 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 had 23 homes for sale as of August 2026, with only 4 new listings coming to market in that period. The median time to sell, at 61 days, suggests a measured pace for the neighborhood. Price cuts appear in 8.5% of listings, which is modest given the market conditions. The year-over-year appreciation of 7.7% reflects underlying strength in the area's fundamentals. For sellers, the thin inventory and steady appreciation mean you're likely in a position to wait for the right buyer rather than rush.

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20% · $484,580

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