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Foreclosures in Great Neck, NY

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Great Neck, NY Foreclosures

How much do homes sell for in Great Neck, NY?
The average home price is currently $1,694,780.
In Great Neck, NY, how many homes are available?
There are currently 1 active home listings available in Great Neck.
What’s the average rental cost in Great Neck, NY?
The average rental price in Great Neck is $4,521.
What is the most expensive home in Great Neck?
The most expensive home sold in Great Neck had a price of $15,955,763.
What is currently the cheapest priced home in Great Neck, NY?
The cheapest home for sale in Great Neck is priced at $10,964.

Living in Great Neck, NY

Great Neck is a charming suburb of New York City offering residents an ideal mix of suburban life and urban convenience. With highly rated schools, beautiful parks, and a variety of cultural and recreational amenities, it's perfect for families and professionals alike. The area boasts excellent transportation options, making a Manhattan commute easy and efficient.

Current Market Conditions in Great Neck, NY

The real estate market in Great Neck is currently experiencing a strong demand, fueled by the area's desirable location, excellent school district, and community amenities. The average home prices have shown a steady increase over the last few months, indicating a competitive market with limited inventory.

Homebuyers are drawn to Great Neck for its spacious homes and family-friendly neighborhoods. Even amidst the rising prices, buyers are willing to pay a premium for properties in this area, as they offer more than just a residence but also a lifestyle.

The demand for homes remains high, often leading to bidding wars as potential homeowners seek to secure their ideal property in this attractive suburb.

Home Value Estimator For Great Neck, NY

There are currently 9,260 real estate properties in Great Neck, NY, with a median automated valuation model (AVM) price of $1,506,001.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Great Neck, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Great Neck, NY, is $1,694,780.00, with the most expensive house in Great Neck, NY, topping out at $15,955,763.00 and the cheapest home in Great Neck, NY, clocking in at $10,964.00. In other words, there’s something for every potential homebuyer or savvy investor in Great Neck, NY!

Rent Prices In Great Neck, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Great Neck, NY, is on a rollercoaster ride. The average rent price in Great Neck, NY, is $4,521.00. Indeed, when looking to rent in Great Neck, NY, you can expect to pay as little as $1,500.00 or as much as $7,520.00, with the average rent median estimated to be $4,480.00. The good news is that finding an affordable and desirable property to rent in Great Neck, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Great Neck, NY Foreclosures

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