What is the median home value in the Village of Great Neck Estates, NY?
The median value of owner-occupied homes in the Village of Great Neck Estates, NY is $1,638,700 (±$168,971), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In the Village of Great Neck Estates, the median home value went from $1,357,100 in 2015–2019 to $1,638,700 in 2020–2024 (+20.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $1,638,700 (±$168,971)
- Owner-occupied homes
- 876 (±89)
- Most common range
- $1,000,000 or more
Home values in the Village of Great Neck Estates
| Value | Village of Great Neck Estates | Nassau County | New York | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.7% (±1.1 points) | 1.1% | 3.9% | 5.3% |
| $50,000 to $99,999 | 0.0% (±4.7 points) | 1.1% | 5.6% | 6.1% |
| $100,000 to $149,999 | 0.0% (±4.7 points) | 0.5% | 6.7% | 6.8% |
| $150,000 to $199,999 | 0.7% (±1.1 points) | 0.8% | 8.3% | 9.0% |
| $200,000 to $299,999 | 1.0% (±1.5 points) | 2.4% | 13.2% | 17.8% |
| $300,000 to $499,999 | 5.9% (±4.7 points) | 14.1% | 19.7% | 26.9% |
| $500,000 to $999,999 | 11.9% (±5.5 points) | 63.4% | 30.1% | 20.9% |
| $1,000,000 or more | 79.8% (±7.1 points) | 16.6% | 12.6% | 7.1% |
The most common range is $1,000,000 or more, 79.8% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
The Village of Great Neck Estates against Nassau County, its state and the nation
| Village of Great Neck Estates | Nassau County | New York | United States | |
|---|---|---|---|---|
| Median home value | $1,638,700 (±$168,971) | $684,700 (±$2,833) | $423,800 (±$1,627) | $332,700 |
| Owner-occupied homes | 876 (±89) | 375,466 (±2,322) | 4,196,985 (±19,607) | 84,210,142 |
In the Village of Great Neck Estates, the median home value is higher than in Nassau County ($684,700).
It is also higher than in New York ($423,800).
It is higher than the national figure ($332,700).
In Nassau County, the Village of Great Neck Estates ranks 19 of 64 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 28 of 530.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in the Village of Great Neck Estates have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $1,357,100 (±$317,534) | $1,638,700 (±$168,971) | +20.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near the Village of Great Neck Estates
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Village of Great Neck Estates | — | $1,638,700 (±$168,971) | — |
| Village of Saddle Rock | 0.7 mi | $1,733,600 (±$239,979) | Not measurably different |
| Village of Great Neck Plaza | 0.7 mi | $416,100 (±$33,632) | Lower |
| Village of Russell Gardens | 0.9 mi | $1,528,400 (±$61,951) | Not measurably different |
| University Gardens | 1.0 mi | $794,500 (±$158,489) | Lower |
| Village of Kensington | 1.0 mi | $1,550,500 (±$209,963) | Not measurably different |
| Village of Great Neck | 1.2 mi | $968,500 (±$61,817) | Lower |
| Great Neck Gardens | 1.2 mi | $1,289,200 (±$235,191) | Lower |
| Village of Thomaston | 1.3 mi | $1,084,000 (±$48,191) | Lower |
Nearby places with a measurably lower figure: Village of Great Neck Plaza, NY ($416,100), University Gardens, NY ($794,500), Village of Great Neck, NY ($968,500).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Nassau County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 13 | Village of Kings Point | $1,981,000 (±$276,355) |
| 14 | Village of Flower Hill | $1,975,500 (±$325,262) |
| 15 | Village of Muttontown | $1,914,800 (±$191,941) |
| 16 | Village of Roslyn Estates | $1,761,000 (±$143,329) |
| 17 | Village of Saddle Rock | $1,733,600 (±$239,979) |
| 18 | Village of Oyster Bay Cove | $1,714,700 (±$58,476) |
| 19 | Village of Great Neck Estates | $1,638,700 (±$168,971) |
| 20 | Village of Laurel Hollow | $1,636,700 (±$81,392) |
| 21 | Village of Lattingtown | $1,633,900 (±$200,790) |
| 22 | Village of Woodsburgh | $1,625,000 (±$249,008) |
| 23 | Village of Lawrence | $1,623,200 (±$292,444) |
| 24 | Village of Plandome Heights | $1,618,000 (±$83,943) |
| 25 | Village of Lake Success | $1,555,000 (±$91,157) |
Showing 13 of 64 places in Nassau County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Village of Great Neck Estates
What is the average home value in the Village of Great Neck Estates, NY?
The Census Bureau publishes the median: $1,638,700 (±$168,971) for owner-occupied homes in the Village of Great Neck Estates (2020–2024 American Community Survey).
Have home values in the Village of Great Neck Estates gone up?
In the Village of Great Neck Estates, the median home value went from $1,357,100 in 2015–2019 to $1,638,700 in 2020–2024 (+20.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in the Village of Great Neck Estates sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Great Neck Estates village, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Great Neck Estates village, New York
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Great Neck Estates village, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Great Neck Estates village, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Great Neck Estates village, New York (place:30191, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in the Village of Great Neck Estates at a glance
- Income and affordability in the Village of Great Neck Estates
- Homeowner costs in the Village of Great Neck Estates
- Property taxes in the Village of Great Neck Estates
- Types of homes in the Village of Great Neck Estates
- Age of homes in the Village of Great Neck Estates
- Heating fuel in the Village of Great Neck Estates
- Commute and cars in the Village of Great Neck Estates
- Crime reported to police in the Village of Great Neck Estates
- Population growth in the Village of Great Neck Estates
- How long people stay in the Village of Great Neck Estates
- New York landlord and tenant rules
- Housing across Nassau County
- New York places ranked by median home value
- Housing data for every place in New York