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Analyzing Price Trends for Great Neck, NY in January 2026

Published on Monday, January 5, 2026
The Allstar Team
RE/MAX City Square
Focus areas include Bay Terrace, Bayside, Bellerose, Briarwood, Bushwick, East Meadow, Elmhurst, Elmont, Floral Park, Forest Hills, Fresh Meadows, Glen Oaks, Glendale, Great Neck, Howard Beach, Jamaica Estates, Kew Gardens Hills and Kew Gardens, along with surrounding towns, communities and neighborhoods.
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Understanding price trends is crucial for making smart real estate decisions in Great Neck, NY. This January 2026, sellers and buyers should pay close attention to figures that empower their next steps. Affordable homes in Great Neck, NY this January 2026 may be within reach as the market maintains strong fundamentals.

The Allstar Team has your interests at the center of every strategy. Whether you are planning to buy or ready to learn how to sell your house fast in Great Neck, NY, keep reading for a grounded look at current numbers. Want more detail? Visit our Great Neck, NY price trends resource for personalized updates.

Key Pricing Metrics

This month, the median list price stands steady at $1,350,000 -- a sign the local market rewards serious sellers and well-prepared buyers. The average price per square foot registers at $501 in January 2026, reinforcing value as an important consideration when comparing properties in Great Neck, NY.

  • Active listings: 87
  • Closed sales: 23
  • Average days on market: 63
  • Month supply: 3.6

Market Dynamics and Advice

Is it a good time to buy in Great Neck, NY? With a list-to-sale price ratio of 96.7 percent, buyers may negotiate successfully but should expect most homes to sell near asking price. For January 2026, a monthly price shift of only 1.8 percent underscores remarkable stability. This matters for any buyer or seller seeking predictability.

Closed Sales and Inventory Flow

January sees twenty-nine new listings join the market. These fresh options keep transaction energy high and widen opportunities for both sides. The Allstar Team can guide you to make the most informed offer possible.

Why Stability Benefits Both Sides

A moderate 3.6 months of inventory is healthy for Great Neck, NY. Both sides retain agency, and sellers benefit from only rare concessions -- just 7 percent of closed deals involved such incentives this January.

Price It Right, Move With Clarity

Use January 2026 data with The Allstar Team to decide when to list, buy, or hold in Great Neck, NY. Our approach turns data into advantage.

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Comparing Market Segments

The multifamily segment stands out: These properties averaged just forty-one days from list to close. Buyers and investors viewing this trend can act decisively for January 2026 opportunities in Great Neck, NY.

With all the right numbers present, The Allstar Team encourages every client to approach their next transaction fully prepared. Find your next address or maximize your listing with strategies tailored to Great Neck, NY's January 2026 market.

The Allstar Team
Written by The Allstar Team
RE/MAX City Square
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