Living in Lake Success
Key metrics and insights for homebuyers and sellers evaluating Lake Success, Nassau, NY 11020.
How far is Lake Success from New York City by train?
From Great Neck Station on the LIRR Port Washington Branch, scheduled weekday AM-peak service takes about 25 minutes to Penn Station, 31 minutes to Grand Central Madison (MTA LIRR timetable data).
Is Lake Success walkable?
Lake Success has a Walk Score of 48 out of 100, which Walk Score rates "Car-Dependent".
Nearby Long Island Rail Road stations and typical weekday AM-peak travel times to the Manhattan and Brooklyn terminals. Many Lake Success residents use whichever station best fits their branch and schedule.
AM-peak travel times on scheduled LIRR service to Penn Station, Grand Central Madison, and Atlantic Terminal (Brooklyn). Based on MTA LIRR public timetable data.
Lake Success Market Data
Current market conditions and pricing trends for Lake Success, Nassau, NY.
Single-family, condo and co-op homes are measured separately — these medians are never blended together. Based on 50 recorded closings in ZIP 11020 between Sep 10, 2025 and Sep 10, 2026 — a settled trailing twelve months, ending about a month back so late-recorded closings are counted rather than missed. Days on market are medians, not averages. A property type with fewer than 8 closed sales in that window is left out rather than published on a sample too thin to mean anything.
Based on information from OneKey® MLS, for the period October 6, 2025 through October 3, 2026. Source: OneKey MLS (recorded LI sales, trailing 12mo) + actual tax. Based on 243 recorded sales. Property tax values shown are algorithmic estimates calculated from official NY State ORPS / NYC Department of Finance assessment data aggregated by school district (Long Island) or ZIP code (NYC). These figures are an educational baseline and do not represent a guaranteed or binding tax bill. Actual taxes vary based on individual assessed value, applicable exemptions (STAR, Senior, Veteran), historical grievances, village overlays, and special district levies. Verify exact tax with the Nassau County Assessor / Suffolk County Comptroller / NYC Department of Finance before any financial commitment.
Across 9 years of county-clerk records, 78 homes in the Great Neck school district were bought by a company and resold within two years. Over the whole period the typical one was bought for $858,420 and resold for $1,300,000, a median of 12 months later.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +6.7%, so most of the difference is not the market carrying the house.
What these homes resold for moved from a median of $1,475,000 in 2017 to $1,300,000 in 2025, down about 12% over the period.
The pandemic years cut against the intuition that investors moved in. Companies bought 13.5% of homes here in 2019, then 11.0% in 2020 and 12.3% in 2021. In the two years when buyers competed hardest, companies won a smaller share, not a larger one.
Since then it has reversed. Company buying reached 18.2% in 2025, the highest of the period — above its pre-pandemic level, while the market cooled.
In 2025, 7 homes in the Great Neck school district were resold by a company that had bought them within two years — too few to quote a typical price from.
Companies bought 18.2% of the 292 homes sold in the Great Neck school district that year (53 of them).
In 2024, 5 homes in the Great Neck school district were resold by a company that had bought them within two years — too few to quote a typical price from.
Companies bought 14.9% of the 343 homes sold in the Great Neck school district that year (51 of them).
In 2023, 12 homes in the Great Neck school district were resold by a company that had bought them within the previous two years. They were bought for a median of $857,000 and resold for a median of $1,315,000. Measured house by house, the typical resale was 44% above what that same buyer had paid, a median of 14 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +2.2%, so most of the difference is not the market carrying the house. 8% resold for less than they paid.
Companies bought 15.5% of the 330 homes sold in the Great Neck school district that year (51 of them).
In 2022, 11 homes in the Great Neck school district were resold by a company that had bought them within the previous two years. They were bought for a median of $875,000 and resold for a median of $1,275,000. Measured house by house, the typical resale was 23% above what that same buyer had paid, a median of 16 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +11.2%, so most of the difference is not the market carrying the house.
Companies bought 10.8% of the 424 homes sold in the Great Neck school district that year (46 of them).
In 2021, 6 homes in the Great Neck school district were resold by a company that had bought them within two years — too few to quote a typical price from.
Companies bought 12.3% of the 561 homes sold in the Great Neck school district that year (69 of them).
In 2020, 15 homes in the Great Neck school district were resold by a company that had bought them within the previous two years. They were bought for a median of $845,000 and resold for a median of $995,000. Measured house by house, the typical resale was 12% above what that same buyer had paid, a median of 9.7 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +10.6%, which accounts for a good part of the difference here. 7% resold for less than they paid.
Companies bought 11.0% of the 373 homes sold in the Great Neck school district that year (41 of them).
In 2019, 6 homes in the Great Neck school district were resold by a company that had bought them within two years — too few to quote a typical price from.
Companies bought 13.5% of the 393 homes sold in the Great Neck school district that year (53 of them).
In 2018, 10 homes in the Great Neck school district were resold by a company that had bought them within the previous two years. They were bought for a median of $800,000 and resold for a median of $1,320,000. Measured house by house, the typical resale was 69% above what that same buyer had paid, a median of 12 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +3.9%, so most of the difference is not the market carrying the house. 10% resold for less than they paid.
Companies bought 11.2% of the 430 homes sold in the Great Neck school district that year (48 of them).
In 2017, 6 homes in the Great Neck school district were resold by a company that had bought them within two years — too few to quote a typical price from.
Companies bought 11.9% of the 444 homes sold in the Great Neck school district that year (53 of them).
Source: property transfers recorded with the county clerk, which cover every sale rather than only those listed for sale. Filings reach the state months after closing, so these figures run to December 2025 and describe what has already happened rather than the market today.
Between 2017 and December 2025, 435 homes in the Great Neck school district passed between family members rather than being sold — about 15 for every 100 that sold on the open market.
90% of them recorded no price at all, so they appear in no market statistic, no listing history and no sold comparable. They are counted here because the transfer itself is filed with the county clerk, whether or not money changed hands.
Counted from the reason recorded on each transfer with the county clerk, not from the price. Transfers filed only to add or remove a name on the deed are excluded — those are paperwork, not a change of owner. Where a filing gives no reason it is not counted, so these are minimum counts rather than a complete rate, and they run to December 2025.
Of the 2 homes for sale in Lake Success today, none is asking less than it originally asked, against 35.4% across Nassau.
Measured from the OneKey MLS feed, updated daily. A home counts as reduced when its current asking price is below the price it was first listed at — not against an estimate or against other homes.
What This Means for Sellers
Lake Success is showing balanced conditions, which means pricing strategy is more important than ever. Overpriced homes will sit while correctly priced properties still move. This is where having an agent who understands both the legal and market dynamics becomes critical.
What This Means for Buyers
Buyers in Lake Success have room to make measured decisions right now — neither side holds a decisive edge. Come pre-approved and ready to move on the right home, but you can generally negotiate on price and terms without the frenzy of a hot market.
Measured across ZIP 11020, which also covers Great Neck.
The listings that did not sell asked a median of $1,999,999 — 27% above the $1,577,750 median of the homes that closed. Counted over the trailing twelve months: every listing that closed, expired, was withdrawn or was terminated. Listings still active or under contract are not counted on either side. If the feed does not retain every withdrawn listing, the real figure is higher than the one shown, never lower.
Based on information from OneKey® MLS, for the period September 10, 2025 through September 10, 2026.
Flood informationLake Success: FEMA flood dataMedian NFIP cost, single-family homes, ZIP 11020: $730 a year (Aug 2026)
Median yearly cost by FEMA zone: moderate- to low-risk zones (X, B, C) $730 (41 policies).
Cost trend, Nassau County
Median yearly cost of single-family NFIP policies taking effect each month.
In Nassau County, the typical monthly median yearly cost of single-family NFIP policies taking effect in June through August 2026 was $1,600, 8% higher than the typical month in June through August 2025 ($1,470). Based on 8,380 and 8,745 policies.
FEMA flood-loss ratings
FEMA's National Risk Index rates each census tract's expected yearly losses from flooding against every census tract in the country. For the 1 census tract in Lake Success (village):
Coastal flooding
- No expected annual losses 1
Inland flooding (heavy rain, streams)
- Relatively Moderate 1
Check a specific address
Look up the FEMA flood zone for any address: FEMA Flood Map Service Center · FloodSmart (FEMA).
Flood data for Nassau County: costs by ZIP, trend and FEMA ratings →Calculated from FEMA policy data (as of Sep 8, 2026) and FEMA's NFIP residential penetration rates; ratings are FEMA's own labels from the National Risk Index (December 2025). Yearly cost is premium plus FEMA fees, single-family NFIP policies only; the insured share is residential NFIP contracts as a share of all residential buildings. Private flood insurance is not included. Not a flood-zone determination, insurance advice or a quote. Each building is priced individually.
What It's Like Living in Lake Success
Lake Success is one of Nassau's most established residential communities, offering a distinctive blend of suburban character and metropolitan accessibility. Located in the 11020 zip code, the community is served by the Great Neck Union Free School District.
With a median home price of $1,563,750 and a median recorded property tax of $19,400 annually, Lake Success pairs an established housing stock with direct access to New York City. The commute to Manhattan averages approximately 25 min via the Long Island Rail Road.
Joseph's Insider Guide to Lake Success
Direct answers informed by 5,000+ closed transactions across Nassau, Suffolk, Queens and Brooklyn — not the canned content you'd find on any listing portal.
Is Lake Success a good place to live for commuters?
The LIRR connects Lake Success to Penn Station and Grand Central Madison in approximately 25 min. Peak express service, station parking and walk-to-station distance vary by address, and those three factors decide what a commute actually looks like day to day.
What are property tax trends in Lake Success, NY?
Lake Success homeowners pay a median of approximately $19,400 a year in property taxes — the median of the tax figures actually recorded on homes sold here, not an estimate. The bill funds school-district, county, town, and special-district services. Taxes are assessed parcel by parcel, so two similar homes on the same street can carry very different bills — confirm the actual assessment on a specific address before relying on it.
Is now a good time to buy or sell in Lake Success?
Lake Success is currently a Balanced Market, with homes selling in about 32 days. Prices have moved -1% year-over-year. Timing decisions depend on your specific situation — contact Joseph for a no-cost strategy session tailored to your property and goals.
What makes Lake Success different from other Nassau communities?
Lake Success is a long-established community served by the Great Neck Union Free School District. Prices and activity vary by property type, school district, condition and price band; the figures above show where this market stands now.
What should buyers know before making an offer in Lake Success?
School district boundaries in Lake Success often run street by street — two blocks can mean a different school zone, so confirming a home's exact attendance zone before you make an offer matters. As an Associate Broker who is also an attorney, Joseph reads title and contract details differently than most agents — and when the facts of a deal are in front of him, he knows what's worth asking about. (Not a substitute for your own attorney's representation.)
Is Lake Success walkable for everyday living?
Lake Success has a Walk Score of 48/100, measured at a single point near the centre of Lake Success. Walkability varies street by street, so check the score for a specific address; the LIRR provides Manhattan access in approximately 25 min.
Planning a Move to Lake Success?
Get the Lake Success Relocation Guide — schools, commute options, live market data, and insider neighborhood details compiled by an Associate Broker who is also an attorney.
Explore Lake Success
The latest from Lake Success — local news, community events, and neighborhood highlights.
Schools in Lake Success, NY
Lake Success is served by the Great Neck Union Free School District. Attendance zones on Long Island are assigned street by street, so a Lake Success mailing address does not by itself determine which school a home is zoned for.
- Elementary
- Early Childhood Center E M Baker School John F Kennedy School Lakeville Elementary School Saddle Rock School
- Middle
- Great Neck North Middle School Great Neck South Middle School
- High
- Great Neck North High School Great Neck South High School
These are the schools recorded on homes sold in this district over the last 12 months — the district may also serve neighbouring communities. Zones can change and run street by street — we confirm the exact assignment for any home before you offer.
Median home value is the New York State ORPS assessment-roll median for the district. Typical annual tax and effective rate are the median recorded tax bill and that bill divided by the median sale price, across 271 recent sales carrying a reported tax figure — an observed cost ratio, not an official millage rate. District boundaries can cross town and postal lines, so always verify the district for a specific address.
See every Nassau school district, its schools and its tax rates →
Lake Success Schools — Frequently Asked Questions
What school district serves Lake Success?
Lake Success is served by the Great Neck Union Free School District. District boundaries on Long Island often run street by street, so we confirm the district and attendance zone for a specific address before you make an offer.
What schools are zoned for Lake Success?
Lake Success is served by the Great Neck Union Free School District, which records these schools on homes sold in the district — elementary: Early Childhood Center, E M Baker School, John F Kennedy School, Lakeville Elementary School, Saddle Rock School; middle: Great Neck North Middle School, Great Neck South Middle School; high: Great Neck North High School, Great Neck South High School. Districts with more than one school at a level assign students by street, so confirm a specific address before relying on it.
What high school do Lake Success students attend?
The Great Neck Union Free School District, which serves Lake Success, operates Great Neck North High School and Great Neck South High School. Which one a home is assigned to depends on its street, so confirm the address before relying on it.
School district boundaries on Long Island often run street by street, so a Lake Success mailing address doesn't guarantee a given school. We confirm a home's exact attendance zone before you make an offer.
Lake Success on the Map
Explore Lake Success and nearby areas. Zoom in to see neighborhoods, schools, transit, and local amenities.
Looking to Buy in Lake Success?
Browse available properties or let Joseph find the right home for you — with the read of an Associate Broker who is also an attorney.
Homes for Sale in Lake Success, NY
18 active listings currently on the market in Lake Success. Data refreshed from the MLS in real time.
Active 9d
Colonial
Active 92d
Other
Active 192d
Other
Active 24d
Colonial
Active 52d
Modern
Active 81d
Contemporary
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 10, 2026 7:45 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Personal-use terms and which listings this site shows: MLS & Data Disclosures
Showing 6 of 18 active listings
View All 18 Listings in Lake SuccessRecently Closed in Lake Success
28 closed sales found. Recent transactions provide real-world context for current market values. For a full Comparative Market Analysis of your property, request a complimentary CMA.
← swipe to view all →
| Address | Type | Beds / Ba | Sq Ft | Closed | Sale Price | $/Sq Ft | DOM |
|---|---|---|---|---|---|---|---|
| Exp Ranch | 5 bd / 3 ba | 2,841 | — | Sign in to view | — | 2d | |
| Colonial | 3 bd / 3 ba | 1,973 | — | Sign in to view | — | 6d | |
| Colonial | 3 bd / 1 ba | 1,360 | — | Sign in to view | — | 16d | |
| Ranch | 3 bd / 1 ba | 1,070 | — | Sign in to view | — | 25d | |
| Colonial | 3 bd / 2 ba | 1,438 | — | Sign in to view | — | 57d | |
| Colonial | 3 bd / 1 ba | 1,424 | — | Sign in to view | — | 8d | |
| Colonial | 5 bd / 4 ba | 3,082 | — | Sign in to view | — | 44d | |
| Colonial | 3 bd / 1 ba | 1,364 | — | Sign in to view | — | 21d | |
| Contemporary | 6 bd / 6 ba | 5,078 | — | Sign in to view | — | 43d | |
| Colonial | 6 bd / 5 ba | 3,691 | — | Sign in to view | — | 18d | |
| Ranch | 4 bd / 4 ba | 4,378 | — | Sign in to view | — | 51d | |
| Colonial | 5 bd / 6 ba | 5,391 | — | Sign in to view | — | 22d |
Source: OneKey MLS — Lake Success closed sales, last 180 days. Verify all figures independently before making decisions.
Get Your Home’s Value →Lake Success Real Estate FAQ
Expert answers to the most common questions about buying and selling in Lake Success.
How much does it cost to buy a home in Lake Success?
Is Lake Success a good place to buy a home, and who is it right for?
What are property taxes like in Lake Success, and can they be lowered?
What is the LIRR commute from Lake Success to Manhattan?
What is the median home price in Lake Success, and is it a buyer's or seller's market right now?
How are the schools in Lake Success?
Why work with Joseph DeVito to buy or sell in Lake Success?
Are sellers cutting prices in Lake Success?
What counts as a price reduction on this page?
Joseph DeVito is a New York Licensed Associate Real Estate Broker and a New York attorney. He does not act as both broker and attorney on the same transaction: here he acts as a real estate broker only, and he is not your attorney. Real estate services provided through Keller Williams Realty Greater Nassau are not legal representation. Everything on this site is general information for educational purposes only. It is not legal advice, it creates no attorney-client relationship, and it should not be relied on as legal advice — for advice about your own situation, consult your own attorney.
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How Lake Success Fits Into the Nassau County Market
Lake Success’s median sale price of about $1.56M sits about 88% above the Nassau County median of about $830K. These are whole-county figures over a settled trailing 12 months — the same data behind our full Nassau County reports.
County medians describe the wider market, not any specific property, and are not a valuation of a home in Lake Success.
Markets Near Lake Success
The closest Nassau communities we track, with their current median sale price, median days on market, and market condition — useful for widening or narrowing a search.
Live OneKey MLS medians from recent closed sales, refreshed daily. Market condition reflects months of supply. Figures describe each market, not any specific home.
Didn't find what you're looking for?
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Buy or Sell in Lake Success, NY With an Associate Broker Who Knows Which Questions to Ask
Joseph DeVito has been part of more than 5,000 closed transactions across Nassau County, Suffolk County, Queens, and Brooklyn. As an Associate Broker who is also an attorney, he reads a deal differently than most agents — and when the facts of your Lake Success deal are in front of him, he knows the contract and title questions worth asking.
Also explore: Buyer Resources · Selling Your Home · All Nassau Communities · Nassau County Housing Market Outlook · Nassau County Days on Market Report · Nassau County School & Tax Breakdown