Zip 11023 (Great Neck, NY) Housing


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In the affluent town of Great Neck, NY (zip code 11023), the median housing value is $1,190,300. This is well above the US median housing value of $338,100 and indicates that this particular area is in high demand. Despite the 1 year US house appreciation rate of 8.27%, Great Neck's corresponding rise was slightly lower at 7.99%. This suggests that although there may be some growth in housing prices in this area, it is not as strong as other parts of the country.

The median home cost in Great Neck (zip 11023) is $1,190,300. Home appreciation the last 10 years has been 70.5%. Home Appreciation in Great Neck (zip 11023) is up 11.6%.

Average Age of Homes
- The median age of Great Neck (zip 11023) real estate is 65 years old
The Rental Market in Great Neck (zip 11023)
- Renters make up 16.1% of the Great Neck (zip 11023) population
- 0.2% of houses and apartments in Great Neck (zip 11023), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingGreat Neck, New YorkUnited States
  3,282.0139,647,020.0
  6842
  $1,190,300$338,100
  11.6%16.6%
  34.0%57.0%
  70.5%101.1%
  $18.84$10.98
  $10,001$2,690
  76.1%57.4%
  8.0%11.2%
  15.8%31.4%
  Vacant Housing
  0.2%1.9%
  0.0%0.4%
  1.5%0.7%
  2.8%0.4%
  0.0%3.6%
  3.6%4.1%
  Value of Owner-Occupied Housing
  0.9%2.6%
  0.0%2.4%
  0.0%2.8%
  0.4%3.9%
  0.4%4.5%
  1.9%11.3%
  3.6%13.0%
  4.3%20.1%
  3.7%13.6%
  1.0%8.3%
  5.3%9.7%
  30.2%3.9%
  31.0%2.2%
  10.5%0.8%
  6.6%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  5.1%13.6%
  5.1%13.6%
  2.2%13.6%
  6.7%13.2%
  4.8%14.8%
  2.2%13.6%
  25.8%10.0%
  9.5%4.7%
  32.1%12.2%
Commute