How much do homes in Great Neck Plaza, NY cost?

Median List Price

$448,000

Based on all homes listed in the last 12 months.

Difference Since July 2020

+$68,000(+17.9%)

Key Takeaway

The list price of homes in Great Neck Plaza has increased by 17.9% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSJul 2020Jul 2021%
1 $298K$299.4K0.5%
2 $548K$550K0.4%
3 $823.5K$746.5K-9.4%
4 $1.2M$1.3M+8.0%
5+ -$1.2MN/A

Median List Price Compared To Nearby Cities

Russell Gardens
+66.3%
Kensington
+34.2%
Great Neck Plaza
+17.9%
Thomaston
+7.9%
Great Neck Estates
+1.9%

How many homes are available in Great Neck Plaza, NY?

Number of Homes For Sale

Jun 2021Jul 2021%
157166+5.7%

Homes For Sale By Bedroom Count

# BEDSJun 2021Jul 2021%
1 6866-2.9%
2 6677+16.7%
3 1415+7.1%
4 87-12.5%
5+ 110.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Jul 2020Jul 2021%
219 Days130 Days-40.7%

Breakdown of Home Sale Times

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Key Takeaway

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About Great Neck Plaza, NY

Homes for sale in Great Neck Plaza, NY have reached 166. The inventory of homes for sale in Great Neck Plaza, NY between June 2021 and July 2021 increased by 5.7%. In July 2021, listings were on the market for 130 days. During the same period, the median list price in this real estate market was $448,000. Listing prices have changed in this real estate market between June 2021 and July 2021: 1 bedroom properties became 0.5% more expensive, 2 bedrooms properties became 0.4% more expensive, the cost of 3 bedrooms properties went down by 9.4%, the cost of 4 bedrooms properties went up by 8%, 5 bedrooms properties became 0% more expensive. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 2.9%, number of 2 bedrooms homes increased by 16.7%, 3 bedrooms homes inventory increased by 7.1%, the quantity of 4 bedrooms homes went down by 12.5%, the quantity of 5 bedrooms homes have not changed. Great Neck Plaza, NY housing market in July 2021 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 9 sold below.

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