ZIP Code 11023 — Great Neck, NY Home Prices (2026)
The typical home in ZIP 11023 (Great Neck, New York) is worth about $1,536,000 at roughly $686 per square foot — 3% more affordable than the Great Neck median and 422% more expensive than the typical U.S. home.
How 11023 compares
ZIP 11023 is one of the more affordable ZIP codes in Great Neck: its typical home value of $1,536,000 ranks #3 of the 4 Great Neck ZIP codes we track (the citywide range runs from $1,122,000 in 11021 to $2,426,000 in 11024). Per square foot it costs about $686, against $695 for Great Neck as a whole, $247 for New York, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 11023 | $1,536,000 | $686 |
| Great Neck, NY | $1,586,000 | $695 |
| New York | $338,000 | $247 |
| United States | $294,000 | $195 |
Home value by size in 11023
Using this ZIP’s rate of about $686 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $686,000 |
| 1,500 sq ft | $1,029,000 |
| 2,000 sq ft | $1,372,000 |
| 2,500 sq ft | $1,715,000 |
| 3,000 sq ft | $2,058,000 |
Salary needed to buy a home in ZIP 11023
To buy the typical $1,536,000 home in ZIP 11023 with 20% down, you need a household income of roughly $418,000 a year (about $9,750 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $497,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $76,800 | $12,120/mo | $519,000/yr |
| 10% (+PMI) | $153,600 | $11,590/mo | $497,000/yr |
| 20% | $307,200 | $9,750/mo | $418,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 11023
At about $686 per square foot, here is roughly how much home different budgets get you in ZIP 11023:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $750k | 1090 sq ft | below the local median — condos, smaller or older homes |
| $1.00M | 1460 sq ft | below the local median — condos, smaller or older homes |
| $1.50M | 2190 sq ft | around the typical home here |
| $2.00M | 2920 sq ft | above the median — larger homes or the pricier ZIPs |
| $3.00M | 4370 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 11023 home.
Estimate a specific home in 11023
The estimator below is pre-set to ZIP 11023 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Great Neck ZIP codes by home value
Where 11023 sits among Great Neck’s 4 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 11024 | $2,426,000 | $1009 |
| 2 | 11020 | $1,636,000 | $703 |
| 3 | 11023 (this page) | $1,536,000 | $686 |
| 4 | 11021 | $1,122,000 | $584 |
ZIP 11023 home prices: frequently asked
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See the full Great Neck home values page, all New York cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.