Housing Prices in Great Neck, VA

How much do homes in Great Neck, VA cost?

Median List Price

$475,000

$257/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

+$49,900(+11.7%)

Key Takeaway

The list price of homes in Great Neck has increased by 11.7% since April.

Summary: The median home list price in Great Neck was $475,000 in May 2024, up 11.7% from the previous month, and the median price per square foot was $257.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $254.9K$259.9K
+2.0%
3 $380K$425.1K
+11.9%
4 $621.5K$662K
+6.5%
5+ $1.0M$1.1M
+9.3%

Summary: Great Neck housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 9.3%.

Median List Price Compared To Nearby Neighborhoods

Great Neck
+11.7%
Hilltop
-3.3%
Lynnhaven
-9.7%
Alanton
-21.5%

Housing Supply in Great Neck, VA

How many homes are available in Great Neck, VA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
106121+14.2%

Summary: The Great Neck real estate market had 121 homes for sale in May 2024, a 14.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 2828
0.0%
3 3640
+11.1%
4 3038
+26.7%
5+ 1215
+25.0%

Summary: The Great Neck housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 25%.

Days on Market for Great Neck, VA

How long does it take to sell a home in Great Neck, VA?

Average Listing Age

Apr 2024May 2024CHANGE
57 Days55 Days-4.0%

Summary: Homes in Great Neck had an average listing age of 55 days in May 2024, down by 4% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Great Neck, VA

Nearby Markets to Great Neck, VA