What is the median home value in the Village of Great Neck, NY?
The median value of owner-occupied homes in the Village of Great Neck, NY is $968,500 (±$61,817), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In the Village of Great Neck, the median home value went from $843,700 in 2015–2019 to $968,500 in 2020–2024 (+14.8%).
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
- $968,500 (±$61,817)
- Owner-occupied homes
- 2,432 (±338)
- Most common range
- $1,000,000 or more
Home values in the Village of Great Neck
| Value | Village of Great Neck | Nassau County | New York | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.0% (±1.7 points) | 1.1% | 3.9% | 5.3% |
| $50,000 to $99,999 | 1.3% (±1.4 points) | 1.1% | 5.6% | 6.1% |
| $100,000 to $149,999 | 0.0% (±1.7 points) | 0.5% | 6.7% | 6.8% |
| $150,000 to $199,999 | 0.9% (±1.5 points) | 0.8% | 8.3% | 9.0% |
| $200,000 to $299,999 | 6.1% (±3.3 points) | 2.4% | 13.2% | 17.8% |
| $300,000 to $499,999 | 4.6% (±2.4 points) | 14.1% | 19.7% | 26.9% |
| $500,000 to $999,999 | 40.9% (±8.1 points) | 63.4% | 30.1% | 20.9% |
| $1,000,000 or more | 46.2% (±7.9 points) | 16.6% | 12.6% | 7.1% |
The most common range is $1,000,000 or more, 46.2% 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 against Nassau County, its state and the nation
| Village of Great Neck | Nassau County | New York | United States | |
|---|---|---|---|---|
| Median home value | $968,500 (±$61,817) | $684,700 (±$2,833) | $423,800 (±$1,627) | $332,700 |
| Owner-occupied homes | 2,432 (±338) | 375,466 (±2,322) | 4,196,985 (±19,607) | 84,210,142 |
In the Village of Great Neck, 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 ranks 41 of 64 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 64 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 have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $843,700 (±$36,406) | $968,500 (±$61,817) | +14.8% | 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
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Village of Great Neck | — | $968,500 (±$61,817) | — |
| Great Neck Gardens | 0.7 mi | $1,289,200 (±$235,191) | Higher |
| Village of Kensington | 0.9 mi | $1,550,500 (±$209,963) | Higher |
| Village of Saddle Rock | 1.0 mi | $1,733,600 (±$239,979) | Higher |
| Village of Kings Point | 1.1 mi | $1,981,000 (±$276,355) | Higher |
| Village of Great Neck Plaza | 1.1 mi | $416,100 (±$33,632) | Lower |
| Village of Great Neck Estates | 1.2 mi | $1,638,700 (±$168,971) | Higher |
| Village of Thomaston | 1.4 mi | $1,084,000 (±$48,191) | Higher |
| Village of Plandome Heights | 1.5 mi | $1,618,000 (±$83,943) | Higher |
Nearby places with a measurably lower figure: Village of Great Neck Plaza, NY ($416,100).
Nearby places with a measurably higher figure: Great Neck Gardens, NY ($1,289,200), Village of Kensington, NY ($1,550,500), Village of Saddle Rock, NY ($1,733,600).
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 |
|---|---|---|
| 35 | Village of Thomaston | $1,084,000 (±$48,191) |
| 36 | Village of Garden City | $1,075,900 (±$48,240) |
| 37 | Village of East Williston | $1,068,500 (±$51,902) |
| 38 | Village of Port Washington North | $1,058,900 (±$85,487) |
| 39 | Village of Atlantic Beach | $996,600 (±$127,285) |
| 40 | Village of Sea Cliff | $986,900 (±$189,040) |
| 41 | Village of Great Neck | $968,500 (±$61,817) |
| 42 | Village of Bellerose | $863,400 (±$25,248) |
| 43 | Village of Cedarhurst | $861,900 (±$87,062) |
| 44 | Village of Rockville Centre | $818,700 (±$22,866) |
| 45 | Village of Stewart Manor | $799,700 (±$35,251) |
| 46 | Village of Floral Park | $789,600 (±$23,237) |
| 47 | Village of Williston Park | $739,800 (±$33,502) |
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
What is the average home value in the Village of Great Neck, NY?
The Census Bureau publishes the median: $968,500 (±$61,817) for owner-occupied homes in the Village of Great Neck (2020–2024 American Community Survey).
Have home values in the Village of Great Neck gone up?
In the Village of Great Neck, the median home value went from $843,700 in 2015–2019 to $968,500 in 2020–2024 (+14.8%).
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 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 village, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Great Neck village, New York
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Great Neck village, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Great Neck 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 village, New York (place:30169, 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
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- New York landlord and tenant rules
- Housing across Nassau County
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