The median home in Great Neck, New York is valued at $1,422,139, up 9.3% year over year. Typical monthly rent is $4,856, producing a price-to-rent ratio of 24.4x — well above the national average of 18x. Great Neck is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$1,422,139

+9.3%

Rent$4,856/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Great Neck.

Income (annual)

Down Payment

$284,428 on $1,422,139

Example: $75,000 household income. Change it above to see your own.

Out of reach150.1% of income

Need $402,000/yr to afford.

PITI$9,380

P/I150.1%

Afford$265K

Gap-$1.16M

P&I $7,191Tax $2,038Ins $150

Renting $4,524/mo cheaper ($4,856 rent)6.50% 30yr, 20% down, county tax + NY ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New York

Compare Great Neck with other housing markets across New York.

Sagaponack$7.21M Water Mill$4.54M Bridgehampton$4.44M Wainscott$3.78M Sands Point$3.18M Amagansett$2.97M Old Westbury$2.85M Quogue$2.77M

Full New York-Newark-Jersey City, NY-NJ-PA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.

View New York-Newark-Jersey City, NY-NJ-PA metro

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.

Great Neck, NY