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Short Sale Listings in Great Neck Estates, NY

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View this home at W Terrace Rd Great Neck Estates NY 11021
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W Terrace Rd
Great Neck Estates, NY 11021
Single-Family
2
|
2,128
AUCTION: 04-18-2024
Single-Family
2
|
2,128
Displaying 1 - 1 of 1
 

Top Reasons To Live In Great Neck Estates, NY In 2024

Great Neck Estates is located in Nassau, New York, with an estimated municipal population of 2,879 residents. All of the best foreclosed homes for sale in Great Neck Estates are located in the following zip code areas on Foreclosure.com: 11021 11022. The estimated population per square kilometer (.62 miles) in Great Neck Estates is 1,451.


Cost Of Living In Great Neck Estates, NY

So, about how much do homes cost in Great Neck Estates? The most recent median value of resident-owned homes in Great Neck Estates is 1,382,983. An estimated 89.6 percent of households in Great Neck Estates own their homes, with an average family size of 3.43. The median household income in Great Neck Estates is 147,750, with66.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Great Neck Estates, the median commute time of resident workers (in minutes) is 37.1. And last, but certainly not least, are you looking for homes to rent in Great Neck Estates? If so, the average rent price paid by renters in Great Neck Estates is 1,865, according to recent statistics.


Diversity And Demographics In Great Neck Estates, New York

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Great Neck Estates, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Great Neck Estates is 45.5, split between 50.9 percent male versus 49.1 female. The percentage of residents who report being married in Great Neck Estates is 67.8, with an average family size of 3.43.

The percentage of residents who report their race in Great Neck Estates is as follows:

White 79.9%
Black / African American 0%
Asian 14.8%
American Indian / Alaskan Native 3.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.9%
Other 0%

Looking for family-friendly neighborhoods in and/or near Great Neck Estates? Or maybe you are searching for 55+ active adult communities in and/or near Great Neck Estates?

The percentage of residents who report their age in Great Neck Estates is as follows:

Under 10 13.6%
Aged 10-19 16.6%
20s 6.9%
30s 7.6%
40s 12.7%
50s 15.3%
60s 12.8%
70s 7.3%
80+ 7.3%

Best Schools In Great Neck Estates, New York

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Great Neck Estates with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Great Neck Estates.


Pros And Cons Of Living In Great Neck Estates, New York

How do you know that living in -- or moving to -- Great Neck Estates is right where you need to be? Perhaps you grew up in Great Neck Estates or already live nearby; therefore, the decision to buy a home in Great Neck Estates is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Great Neck Estates for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Great Neck Estates:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Great Neck Estates.


Reasons To Move To Great Neck Estates, New York, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Great Neck Estates can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Great Neck Estates, meanwhile, can field multiple offers from more qualified buyers.

Great Neck Estates, NY Short Sale Listings


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