The Great Neck housing market is somewhat competitive. The median sale price of a home in Great Neck was $510K last month, up 34.2% since last year. The median sale price per square foot in Great Neck is $510, down 20.4% since last year.
What is the housing market like in Great Neck today?
In May 2025, Great Neck home prices were up 34.2% compared to last year, selling for a median price of $510K. On average, homes in Great Neck sell after 23 days on the market compared to 36 days last year. There were 5 homes sold in May this year, down from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$510,000
+34.2% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Great Neck, NY
$510,000
+34.2%
United States
To compare other locations to the Great Neck and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Great Neck's median sale price is 78% higher than the national average. Overall cost of living in Great Neck is 36% higher than the national average. Learn which home features in Great Neck add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Great Neck
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How hot is the Great Neck housing market?
Great Neck is somewhat competitive. Homes sell in 38 days.
0
100
61
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 38 days.
Hot homes
can sell for around list price and go pending in around 24 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.3%
-0.45 pt YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Great Neck, NY
97.3%
-0.45 pt
United States
Great Neck Migration & Relocation Trends
In Feb '25 - Apr '25, 31% of Great Neck homebuyers searched to move out of Great Neck, while 69% looked to stay within the metropolitan area.
Where are people moving to Great Neck from?
Across the nation, 3% of homebuyers searched to move into Great Neck from outside metros.
Los Angeles homebuyers searched to move into Great Neck more than any other metro followed by Vineyard Haven and Spokane.
Where are people from Great Neck moving to?
69% of Great Neck homebuyers searched to stay within the Great Neck metropolitan area.
Miami was the most popular destination among Great Neck homebuyers followed by Philadelphia and Boston.
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.
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 Great Neck housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Great Neck.
Flood Factor - Severe
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Great Neck has a severe risk of flooding. 265 properties in Great Neck are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Great Neck. Flood risk is increasing slower than the national average.
12% of properties are at risk of wildfire over the next 30 years
Fire Factor
Great Neck has a moderate risk of wildfire. There are 382 properties in Great Neck that have some risk of being affected by wildfire over the next 30 years. This represents 12% of all properties in Great Neck.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Great Neck has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Great Neck is most at risk from hurricanes. 2,962 properties in Great Neck have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 86 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 102 mph.