Great Neck Plaza, NY is an affluent community located in Nassau County that offers a high quality of life. The median value of homes in Great Neck Plaza is $427,100, which is considerably higher than the US House Median Value of $338,100. Despite this difference, the appreciation for homes in Great Neck Plaza was slightly lower than the national average over the last year at 7.99%. This indicates that housing prices in Great Neck Plaza remain relatively stable and provide a level of financial security for those looking to invest in real estate.
The median home cost in Great Neck Plaza is $427,100. Home appreciation the last 10 years has been 70.5%. Home Appreciation in Great Neck Plaza is up 11.6%.
Average Age of Homes
- The median age of Great Neck Plaza real estate is 60 years old
The Rental Market in Great Neck Plaza
- Renters make up 46.5% of the Great Neck Plaza population
- 1.4% of houses and apartments in Great Neck Plaza, 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.