Market Overview
Home Prices in Glens Falls, NY
The median home value in Glens Falls, NY is $276,582 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.1% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Glens Falls are priced33% below average. Glens Falls is part of the Glens Falls, NY metro area.
Over the past five years, Glens Falls home values have risen by approximately31.3%, reflecting strong long-term appreciation in this market.
Price History
Glens Falls Home Price Trend
City Comparison
Glens Falls vs. National Median
At $276,582, homes in Glens Falls cost 33% below the national median of $410,000. This makes Glens Falls a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Glens Falls?
20% Down Payment
$55,316
on $276,582
Monthly P&I
$1,442/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,831/mo
incl. taxes & insurance
Income Needed
$73,240
gross annual (30% rule)
10% Down Option
$27,658
+ PMI applies
Loan Amount (20% dn)
$221,266
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Glens Falls, NY?
The median home value in Glens Falls is $276,582 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.1% year-over-year.
How much have home prices changed in Glens Falls?
Over the past year, home values in Glens Falls have increased by 5.1%. Over five years, prices have risen approximately 31.3%.
How much do I need to earn to buy a home in Glens Falls?
To comfortably afford the median home price of $276,582 with a 20% down payment ($55,316) at today's rates (6.8%), you'd need a gross annual income of approximately $73,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Glens Falls compare to the national average home price?
The national median home value is approximately $410,000. At $276,582, homes in Glens Falls are 33% below the national average.
What metro area is Glens Falls part of?
Glens Falls is part of the Glens Falls, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.