Great Neck Village Home Prices & Values

$855,500 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 7.9% 1-year change
  • 0.9% 1-year forecast

The median home value in Great Neck Village is $855,500. Great Neck Village home values have gone up 7.9% over the past year and Zillow predicts they will rise 0.9% within the next year. The median list price per square foot in Great Neck Village is $443, which is lower than the Great Neck average of $484. The median price of homes currently listed in Great Neck Village is $718,000 while the median price of homes that sold is $790,000.

Foreclosures will be a factor impacting home values in the next several years. In Great Neck Village 2.2 homes are foreclosed (per 10,000). This is greater than the Great Neck value of 0.8 and also lower than the national value of 4.4

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Relative ZHVI
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Great Neck Village Market Overview

Data through Jul 31, 2014
  • $855,500 ZHVI
  • 0.9% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $718,000 Median listing price
  • No recent data Median sale price
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Great Neck Village Market Health

Data through Jul 31, 2014
  • 3.9/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Kings Point $2,522,000 Great Neck Estates $1,417,300 Munsey Park $1,414,700
Lake Success $1,189,700 Thomaston $919,900 Great Neck Plaza $773,300
Douglaston-Little Neck $765,200 University Gardens $748,300 Glen Oaks $557,200

Listings & Sales

Data through Jul 31, 2014
  • $443 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 37.5% Listings with price cut
16.3%
Sold below listing
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Great Neck Village Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$3,932 Great Neck Village
$4,339 Great Neck
$1,318 United States
  • 6.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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