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Overview to Long Island Home Prices Near Record Highs Again

From Great Neck to Middle Island, potential buyers watching And the craziest part is it doesn't have a bedroom. CBS News New York's John Dias reports. For video licensing inquiries, contact: ... Bidding wars, competition among buyers and low inventory are driving up demand for Last fall, the average mortgage rate rose to its highest level since 2000.
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Long Island Home Prices Near Record Highs Again
Why are Long Island home prices sky-high?
Long Island median home prices hit record high at $700,000
Long Island home prices surge
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Last Updated: May 22, 2026
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