Is Great Neck, NY 11021 a buyer’s or seller’s market?

The Great Neck housing market right now

In the three months ending August 31, 2026, 19% of homes in Great Neck, NY 11021 sold above their list price, the typical home went under contract in 42 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 81 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold about as fast and the median sale price fell 10% to $609,736. Overall, Great Neck is less competitive than a year ago, which gives buyers more room.

Within Nassau County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, Great Neck ranks #460 of 649 NY ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at Point Lookout 11569 (0% sold over asking) or Atlantic Beach 11509 (0% sold over asking), while Malverne 11565 (75% sold over asking) and Wantagh 11793 (74% sold over asking) are even more competitive.