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Market Intelligence · NY / Great Neck

Great Neck, NY 11024 Housing Market

The typical home in Great Neck, NY 11024 is valued at $2,462,856, up 9.1% over the past year as of September 2026. The median list price sits at $3,625,000, and homes spend a median of 58 days on the market.

Updated September 2026Median value$2463K

The median home value in Great Neck, NY 11024 is $2.46M as of September 2026, up 9.1% 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 11024 range

$2.27M to $2.66M

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

+9.1% over 12 months

Typical home value in 11024 over the last 12 months: $2.26M in Sep 2025 to $2.46M in Sep 2026 (+9.1%).

Sep 2025$2.26M

Sep 2026$2.46M

The numbers

What is the 11024 housing market like?

Typical home value

$2.46M

Up9.1%YoY

Median list price

$3.63M

Up8.7%MoM

Days on market

58

Down4.9%MoM

Homes for sale

24

Up4.3%MoM

Price cuts

0.0%

New listings

4

Flat0.0%MoM

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

The outlook

11024 housing market forecast 2027

+3.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 11024 to rise 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in 11024 rose 9.1%, per the Zillow Home Value Index.

Will home prices drop in 11024?

Zillow's forecast does not call for a drop: it expects typical home values in 11024 to rise 3.1% by September 2027, after a 9.1% 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 11024 home prices compare?

  • 11024$2,462,856
  • 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's 11024 market shows strong appreciation, with the typical home value reaching $2,462,856, a gain of 9.1% over the past year as of September 2026. Inventory is limited, with 24 homes for sale and only 4 new listings. The median list price of $3,625,000 sits well above the typical value, reflecting the higher end of this market. Homes take a median of 58 days to sell, and 0.0% of listings have taken a price cut. For a seller, the numbers point to firm pricing power and steady demand, so well-priced homes are moving without discounting.

Monthly payment

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20% · $492,571

Common questions

What people ask us.

How much is a home in 11024 worth?

The typical home value in 11024 is $2,462,856 as of September 2026, up 9.1% over the past year.

How fast are homes selling in 11024?

Homes in 11024 spend a median of 58 days on the market as of September 2026, and 0.0% of listings have had a price cut.

How much competition is there among sellers in 11024?

There are 24 homes for sale in 11024 as of September 2026, with 4 new listings added. The median list price is $3,625,000.

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