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Great Neck village, NY

ZIP 11023 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11023

Median Home Value
$1,143,800
Median Rent
N/A
Affordability Snapshot
$315,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$7,347/mo PITI).

7.5x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

To comfortably buy a median-priced home in ZIP 11023 in Great Neck village, NY, a household would need roughly $315,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $7,347. That is about 108% above the local median household income ($151,544), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
81.7%+25% vs US avg
x
Vacancy Rate
8.3%-20% vs US avg
x
Broadband Access
91.0%+5% vs US avg
x
4+ Bedrooms
16.2%+10% vs US avg
x
Built Pre-1939
14.9%+17% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
17.5%-65% vs US avg
x
Mortgage-Free
41.9%+10% vs US avg
x
$1,143,800
Home Value
N/A
Rent
1953
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached76.0%
  • 1-unit attached0.4%
  • 2-9 units0.4%
  • 10+ units23.2%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,143,800
Median rent$-666,666,666
Owner-occupied81.7%
Vacant8.3%
Price-to-income7.5x
Est. income to buy$315,000