$10,000 Closing Credit¹
#812588, Listing Office: Daniel Gale Sothebys Intl Rlty
Great Neck Estates Housing Market Report January 2025•Nassau County, New York
Housing Prices in Great Neck Estates, NY
How much do homes in Great Neck Estates, NY cost?
Housing Market Conditions
Is Great Neck Estates, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Great Neck Estates is a Buyer's Market
Difference Since December 2024
Last month, Great Neck Estates was a Seller's Market.
Insight
Great Neck Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,330,000$831/SqFt
-$620,000
-31.8%
Based on all homes sold in January 2025
Insight
Homes in Great Neck Estates have sold for 31.8% less than they did a month ago.
Summary: The median home sold price in Great Neck Estates was $1,330,000 in January 2025, down 31.8% from last month, and the median price per square foot was $831.
Median Sold Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Great Neck Estates | $1.9M | $1.3M | -31.8% |
| Kensington | $3.5M | $2.3M | -34.2% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $1.1M | $1.1M | 0.0% |
| 33 Bedrooms | - | - | N/A |
| 44 Bedrooms | - | $1.4M | N/A |
| 55+ Bedrooms | $2.6M | - | N/A |
Summary: Great Neck Estates housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Great Neck Estates, NY
How many homes are available in Great Neck Estates, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 21Last MonthJan 2025 | ||
| 242 months agoDec 2024 | -12.5 % Change MoMDec – Jan |
Summary: The Great Neck Estates real estate market had 21 homes for sale in Jan 2025, a 12.5 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 72 months agoDec 2024 | -71.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 14 | 12 | -14.3% |
| 33 Bedrooms | 0 | 0 | 0.0% |
| 44 Bedrooms | 1 | 3 | +200.0% |
| 55+ Bedrooms | 8 | 5 | -37.5% |
Summary: Great Neck Estates housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -14.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +200.0%. The inventory for 5 bedroom homes decreased by -37.5%.
Asking Price vs. Sold Price
How much do homes in Great Neck Estates, NY cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Great Neck Estates, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Great Neck Estates in January 2025, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.
Days on Market for Great Neck Estates, NY
How long does it take to sell a home in Great Neck Estates, NY?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Great Neck Estates are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 2 homes were sold in Great Neck Estates; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 4 DaysLast MonthJan 2025 | ||
| 78 Days1 month agoDec 2024 | -94.9 % Change MoMDec – Jan |
Summary: Homes in Great Neck Estates had an average listing age of 4 days in Jan 2025, down by 94.9% compared to the previous month.
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Newest Listings in Great Neck Estates, NY
What homes are available in Great Neck Estates, NY?
#810932, Listing Office: Lin Pan Realty Group LLC
$10,000 Closing Credit¹
#808510, Listing Office: Compass Greater NY LLC
$10,000 Closing Credit¹
#807741, Listing Office: S Sharf Realty Inc
$3,563 Closing Credit¹
#806668, Listing Office: Edna Mashaal Realty LLC
$10,000 Closing Credit¹
#L3593554, Listing Office: Compass Greater NY LLC
Video tour
$10,000 Closing Credit¹
#L3593412, Listing Office: Compass Greater NY LLC
$10,000 Closing Credit¹
#L3591172, Listing Office: Compass Greater NY LLC
Video tour
$10,000 Closing Credit¹
#L3590990, Listing Office: Compass Greater NY LLC
$10,000 Closing Credit¹
#L3572084, Listing Office: BERKSHIRE HATHAWAY
Video tour
$10,000 Closing Credit¹
#L3569442, Listing Office: Compass Greater NY LLC
Video tour
$10,000 Closing Credit¹
#L3562116, Listing Office: Compass Greater NY LLC
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MLS Disclaimers and Copyright
Based on information from OneKey MLS, for the period 12/01/2024 - 02/01/2025
Listings courtesy of OneKey MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 2/2/2025, 7:12:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.