4 days on Rocket
$4,928 Closing Credit¹
#833109, Listing Office: LAFFEY REAL ESTATE
Great Neck Plaza Housing Market Report February 2025•Nassau County, New York
Housing Prices in Great Neck Plaza, NY
How much do homes in Great Neck Plaza, NY cost?
Housing Market Conditions
Is Great Neck Plaza, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Great Neck Plaza is a Buyer's Market
Difference Since February 2024
Since last year, Great Neck Plaza has remained a Buyer's Market.
Insight
Great Neck Plaza is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$442,500$474/SqFt
+$22,500
+5.4%
Based on all homes sold in the last 12 months
Insight
Homes in Great Neck Plaza have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Great Neck Plaza was $442,500 in February 2025, up 5.4% from last year, and the median price per square foot was $474.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Great Neck Plaza | $420K | $442.5K | +5.4% |
| Thomaston | $1.1M | $1.1M | -3.8% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $296K | $352K | +18.9% |
| 22 Bedrooms | $560K | $540K | -3.6% |
| 33 Bedrooms | $755K | $807.5K | +7.0% |
| 44 Bedrooms | $1.9M | $1.7M | -11.7% |
| 55+ Bedrooms | - | $1.6M | N/A |
Summary: Great Neck Plaza housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +18.9%. The home price for 2 bedroom homes decreased by -3.6%. The home price for 3 bedroom homes increased by +7.0%. The home price for 4 bedroom homes decreased by -11.7%. The home price for 5 bedroom homes did not change.
How does Great Neck Plaza, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Great Neck Plaza, NY
Housing supply in Great Neck Plaza, NY
How many homes are available in Great Neck Plaza, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 44Last MonthFeb 2025 | ||
| 512 months agoJan 2025 | -13.7 % Change MoMJan – Feb |
Summary: The Great Neck Plaza real estate market had 44 homes for sale in Feb 2025, a 13.7 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthFeb 2025 | ||
| 112 months agoJan 2025 | -54.5 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 22 | 20 | -9.1% |
| 22 Bedrooms | 22 | 17 | -22.7% |
| 33 Bedrooms | 4 | 5 | +25.0% |
| 44 Bedrooms | 2 | 1 | -50.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Great Neck Plaza housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -9.1%. The inventory for 2 bedroom homes decreased by -22.7%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Great Neck Plaza, NY cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price5 Homes
Insight
If you're buying a home in Great Neck Plaza, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Great Neck Plaza in February 2025, down by 54.5% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Great Neck Plaza, NY
How long does it take to sell a home in Great Neck Plaza, NY?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days4 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Great Neck Plaza has remained consistent over time.
Summary: During February 2025, 5 homes were sold in Great Neck Plaza; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 47 DaysThis YearFeb 2025 | ||
| 84 Days1 year agoFeb 2024 | -44.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Great Neck Plaza had an average listing age of 47 days in Feb 2025, down by 44.3% compared to the previous year.
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Newest Listings in Great Neck Plaza, NY
What homes are available in Great Neck Plaza, NY?
7 days on Rocket
$8,301 Closing Credit¹
#831466, Listing Office: LAFFEY REAL ESTATE
7 days on Rocket
$8,170 Closing Credit¹
#832245, Listing Office: Keller Williams Rty Gold Coast
$10,000 Closing Credit¹
#832050, Listing Office: Edna Mashaal Realty LLC
$1,781 Closing Credit¹
#831999, Listing Office: Keller Williams Rlty Landmark
$5,463 Closing Credit¹
#829776, Listing Office: Douglas Elliman Real Estate
$5,083 Closing Credit¹
#828776, Listing Office: Douglas Elliman Real Estate
$3,183 Closing Credit¹
#826476, Listing Office: Douglas Elliman Real Estate
$6,983 Closing Credit¹
#817720, Listing Office: S Sharf Realty Inc
$7,600 Closing Credit¹
#L3592928, Listing Office: OAM.Com
$5,558 Closing Credit¹
#826847, Listing Office: Proagent Realty Gold Coast LLC
$8,301 Closing Credit¹
#824011, Listing Office: Charles Realty Group LLC
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MLS Disclaimers and Copyright
Based on information from OneKey MLS, for the period 03/01/2023 - 03/01/2025
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.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/14/2025, 8:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.