Great Neck Estates October First-Time Homebuyer Report

The population of Great Neck Estates is growing about even with the rest of New York, at a 10-year growth rate of -4.8%. It's an average-sized city compared to the rest of the state, with 2,761 residents. Great Neck Estates is made up of homes that are older than most with a median of 63 years. Heading the list of top schools in the city is Glen Cove High School.

Price Range

The median value of homes in Great Neck Estates is $1,183,700, making it one of the most valuable areas in New York. At the same time, the average list price of available homes is presently $1,602,217. The Great Neck Estates market extended a three-week hot streak this week, even as sales remained flat at four homes sold over the last 30 days.

Out of all the listings in Great Neck Estates, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$2.4M   $3.2M   $2.9M  

Typical Dwelling

A two-bedroom condo valued around $563,059 is considered a typical dwelling in Great Neck Estates. If a buyer was looking for a similar home, they would need good credit and a $112,612 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $4,801 and the property tax rate is $23.43 per $1,000 of taxable assessed value.

Get started right now by checking out Great Neck Estates homes for sale or reviewing Great Neck Estates real estate trends.


Data reported through 10/13/2016

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Ask a local expert about this area:
Edna Mashaal Realty Llc
Snapped 10 homes in this area

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