Great Neck Gardens, NY is a desirable area for housing due to its high median value of $1,028,900. Compared to the US median house value of $338,100, Great Neck Gardens' houses are significantly more expensive but also hold their value better. The 1 year appreciation rate for US houses is 8.27%, while the 1 year appreciation rate in Great Neck Gardens is 7.99%. This shows that the housing market in Great Neck Gardens is stable and can provide a good investment opportunity for potential buyers.
The median home cost in Great Neck Gardens is $1,028,900. Home appreciation the last 10 years has been 70.5%. Home Appreciation in Great Neck Gardens is up 11.6%.
Average Age of Homes
- The median age of Great Neck Gardens real estate is 69 years old
The Rental Market in Great Neck Gardens
- Renters make up 0.0% of the Great Neck Gardens population
- 0.0% of houses and apartments in Great Neck Gardens, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.