2025 Compare Cities Housing:
Great Neck, NY vs Summit, NJ

Change Cities
Highlights
- The median age of a home in Great Neck is 0.0% younger than the median age of a home in Summit.
 Great Neck, NYSummit, NJUnited States
 Median Home Age68  Unlock42
 Median Home Cost  Unlock$1,053,800$338,100
 Home Appr. Last 12 months11.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock29.3%57.0%
 Home Appr. Last 10 yrs.70.5%  Unlock101.1%
 Property Tax Rate  Unlock$30.0$11.0
 Homes Owned64.4%  Unlock57.4%
 Housing Vacant  Unlock5.9%11.2%
 Homes Rented25.5%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Great Neck, NYSummit, NJUnited States
 Average Rent  Unlock$2,750$1,840
 Studio Apartment$2,060  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,830$1,180
 2 Bedroom Home or Apartment$3,070  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,790$1,860
 4 Bedroom Home or Apartment$4,340  Unlock$2,160
 space1
 Vacant Housing
 Great Neck, NYSummit, NJUnited States
 Vacant For Rent  Unlock0.4%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.4%0.7%
 Vacant Sold0.9%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other4.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Great Neck, NYSummit, NJUnited States
 Less Than $20,000  Unlock0.3%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.1%2.8%
 $60,000 to $79,9990.5%  Unlock3.9%
 $80,000 to $99,999  Unlock0.4%4.5%
 $100,000 to $149,9991.8%  Unlock11.3%
 $150,000 to $199,999  Unlock1.1%13.0%
 $200,000 to $299,9994.5%  Unlock20.1%
 $300,000 to $399,999  Unlock5.0%13.6%
 $400,000 to $499,9991.4%  Unlock8.3%
 $500,000 to $749,999  Unlock28.1%9.7%
 $750,000 to $999,99933.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock18.7%2.2%
 $1,500,000 to $1,999,9994.9%  Unlock0.8%
 $2,000,000 and over  Unlock9.5%1.1%
 space3
 Housing Units By Year Built
 Great Neck, NYSummit, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock2.9%13.6%
 2000 to 20098.1%  Unlock13.6%
 1990 to 1999  Unlock2.4%13.6%
 1980 to 19895.8%  Unlock13.2%
 1970 to 1979  Unlock5.9%14.8%
 1960 to 19691.6%  Unlock13.6%
 1950 to 1959  Unlock28.4%10.0%
 1940 to 194911.6%  Unlock4.7%
 1939 or Earlier  Unlock32.1%12.2%
Reviews for Great Neck    3 Reviews

I basically grew up in Great Neck from ages 7 through 23. My thoughts are as follows. Yes you should be concerned about the quality of the water. My family spent plenty  More

   |    Reply

Over 14 years ago

Great School System and Park  More

   |    Reply

Over 18 years ago

Great community,terrific park system with pools,tennis courts and summer entertainment; 30 minutes to Manhattan by LIRR, universities and colleges within easy driving  More

   |    Reply

Start Your Review of Great Neck

Reviews for Summit    5 Reviews

Over 17 years ago

While there seems to be a good amount of cultural activities and diversity in this area, and it is done with the intention that it makes people feel diverse, when they  More

   |    Reply

Over 19 years ago

A very nice town. If you have lots of money to spend on housing and really want to be in Summit then it is worth it. The water and air quality are terrible. And as a  More

   |    Reply

Summit, NJ is a very expensive place to live. But the town does a great job of making it worth every penny. Community activities, train station, quite neighborhoods,  More

   |    Reply

Start Your Review of Summit


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.