Market Overview
Home Prices in South Glens Falls, NY
The median home value in South Glens Falls, NY is $315,462 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in South Glens Falls are priced23% below average. South Glens Falls is part of the Albany-Schenectady-Troy, NY metro area.
Over the past five years, South Glens Falls home values have risen by approximately31.8%, reflecting strong long-term appreciation in this market.
Price History
South Glens Falls Home Price Trend
City Comparison
South Glens Falls vs. National Median
At $315,462, homes in South Glens Falls cost 23% below the national median of $410,000. This makes South Glens Falls a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in South Glens Falls?
20% Down Payment
$63,092
on $315,462
Monthly P&I
$1,645/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,089/mo
incl. taxes & insurance
Income Needed
$83,560
gross annual (30% rule)
10% Down Option
$31,546
+ PMI applies
Loan Amount (20% dn)
$252,370
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 South Glens Falls, NY?
The median home value in South Glens Falls is $315,462 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.9% year-over-year.
How much have home prices changed in South Glens Falls?
Over the past year, home values in South Glens Falls have increased by 5.9%. Over five years, prices have risen approximately 31.8%.
How much do I need to earn to buy a home in South Glens Falls?
To comfortably afford the median home price of $315,462 with a 20% down payment ($63,092) at today's rates (6.8%), you'd need a gross annual income of approximately $83,560. This assumes keeping total housing costs at or below 30% of gross income.
How does South Glens Falls compare to the national average home price?
The national median home value is approximately $410,000. At $315,462, homes in South Glens Falls are 23% below the national average.
What metro area is South Glens Falls part of?
South Glens Falls is part of the Albany-Schenectady-Troy, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.