Cove Neck, NY Housing Market

Homes for sale

The median sale price of a home in Cove Neck was $1.6M last month, up 0.6% since last year.

Trends
Demand
Migration
Schools
Climate

Cove Neck Housing Market Trends

What is the housing market like in Cove Neck today?

In April 2022, Cove Neck home prices were up 0.6% compared to last year, selling for a median price of $1.6M.

$5.42M

Sale Price

$1.14K

Sale $/Sq. Ft.

Under List Price

1.4%

Days on Market

165

Down Payment

—

Total Homes Sold

To compare other locations to the Cove Neck and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Cove Neck's median sale price is 1175% higher than the national average. Overall cost of living in Cove Neck is 36% higher than the national average. Learn which home features in Cove Neck add value to a home.

Work with the best agents in Cove Neck

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Cove Neck Migration & Relocation Trends

In Dec '24 - Feb '25, 30% of Cove Neck homebuyers searched to move out of Cove Neck, while 70% looked to stay within the metropolitan area.

Where are people moving to Cove Neck from?

Across the nation, 3% of homebuyers searched to move into Cove Neck from outside metros.
San Francisco homebuyers searched to move into Cove Neck more than any other metro followed by Seattle and Los Angeles.

Where are people from Cove Neck moving to?

70% of Cove Neck homebuyers searched to stay within the Cove Neck metropolitan area.
Miami was the most popular destination among Cove Neck homebuyers followed by Philadelphia and Boston.

Number of People Moving to Cove Neck

least

most

People are moving to Cove Neck from

Inbound		Net inflow
Metros		Dec '24 - Feb '25
1	San Francisco, CA	198
2	Seattle, WA	74
3	Los Angeles, CA	64
4	Spokane, WA	18
5	Vineyard Haven, MA	11
6	Champaign, IL	5
7	Lafayette, IN	4
8	Taos, NM	3
9	Visalia, CA	3
10	The Dalles, OR	3

People are leaving Cove Neck for

Outbound		Net outflow
Metros		Dec '24 - Feb '25
1	Miami, FL	5,524
2	Philadelphia, PA	4,297
3	Boston, MA	3,510
4	Orlando, FL	2,469
5	Atlanta, GA	1,894
6	Washington, DC	1,883
7	Albany, NY	1,663
8	Hartford, CT	1,471
9	Myrtle Beach, SC	1,351
10	Tampa, FL	1,214

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Cove Neck that sold recently

Recently sold homes

SOLD SEP 17, 2024
$5,425,000
—beds
7 baths
5,803 sq ft
1 Cove Neck Rd, Oyster Bay, NY 11771
List Price
—
Sale to List
—
Days on Market
—
1 Cove Neck Rd, Oyster Bay, NY 11771

Schools in Cove Neck

Learn about schools in the Cove Neck area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Cove Neck housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Cove Neck.

Wind Factor - Severe

74% of properties are at major risk of a severe wind event over the next 30 years

Heat Factor - Major

100% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Cove Neck

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