Great Neck, NY Real Estate

According to census data in the year 2000 there were 3,442 housing units in Great Neck. This represents a 0.2% decline from 3,450 in 1990.

Of those housing units, 3,442 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Great Neck is about 73.9%. Great Neck's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.85 people.

The majority of houses, apartments or condos in Great Neck were built after 1951.


Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom14.20%
Two Bedrooms14%
Three Bedrooms31.10%
Four Bedrooms29.90%
Five Bedrooms or more8.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1949
Median Value of occupied units$466,800
Median Price asked for vacant units$420,800

Rented Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1955
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage7.10%
Home Equity Loan9.40%
Simple Mortgage45.20%
Debt Free37.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.9%