Glens Falls VA Loan Rates, Closing Costs & Stats
GLENS FALLS, NY
A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.
The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.
For additional benefits of VA loans, click here.
Glens Falls's 23 lenders originated 80 VA loans during 2024. The total origination value was $23,100,000, with an average VA loan value of $288,750.
Glens Falls VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Glens Falls
averaged
7.09%
for the week of 2025-05-23, compared to the national average (all VA variants) of
6.52% for the same period.
Glens Falls's average VA mortgage closing costs are $5,720.
The average rate for the prior week (2025-05-16) was
6.57% and
one month ago for the week of 2025-04-18, the
average rate was 6.95%.
The average rate one year ago was 6.76%.
For refis of the same type during the week of 2025-05-23, the average rate
was 7.33%.
Glens Falls VA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Glens Falls level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| QUICKEN LOANS, LLC | 14 | 6.11% | $8,363 |
| NAVY FEDERAL CREDIT UNION | 11 | 6.09% | $6,241 |
| Mortgage Research Center, LLC | 11 | 6.57% | $8,465 |
| NEWREZ LLC | 6 | 6.90% | $8,051 |
| HOMESTEAD FUNDING CORP. | 4 | 6.72% | $5,368 |
| UNITED WHOLESALE MORTGAGE, LLC | 4 | 6.28% | $5,987 |
| Barrington Bank & Trust Company, N.A. | 3 | 6.58% | $6,522 |
| FREEDOM MORTGAGE CORPORATION | 3 | 6.25% | $18,725 |
| LOANDEPOT.COM, LLC | 2 | 6.31% | $16,774 |
| Premium Mortgage Corporation | 2 | 6.00% | $4,080 |
| PLANET HOME LENDING, LLC | 2 | 5.87% | $3,474 |
| JPMorgan Chase Bank | 2 | 5.69% | $1,108 |
| US MORTGAGE CORPORATION | 1 | 6.75% | $6,640 |
| AMERICAN FINANCIAL NETWORK, INC. | 1 | 7.63% | $5,576 |
| CMG MORTGAGE, INC. | 1 | 6.50% | $6,819 |
| MOVEMENT MORTGAGE, LLC | 1 | 7.13% | $14,899 |
| M&T Bank | 1 | 6.75% | $4,921 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 1 | 6.75% | $4,013 |
| RELIANCE FIRST CAPITAL, LLC | 1 | 6.13% | $6,779 |
| SEFCU SERVICES, LLC | 1 | 6.25% | $10,837 |
| The Federal Savings Bank | 1 | 7.75% | $6,736 |
| USAA Federal Savings Bank | 1 | 5.75% | $11,134 |
| 1ST PRIORITY MORTGAGE, INC. | 1 | 7.13% | $5,117 |
The top Glens Falls VA lender as defined by loan originations is QUICKEN LOANS, LLC, with
14 VA loans originated. Their average total fees are
$8,363, which is $2,122
higher than the next largest lender,
NAVY FEDERAL CREDIT UNION.
The lowest fee Glens Falls VA lenders (with over 10 loans originated) are
NAVY FEDERAL CREDIT UNION ($6,241), QUICKEN LOANS, LLC ($8,363), Mortgage Research Center, LLC ($8,465), .
The lowest rate Glens Falls VA lenders (with over 10 loans originated) are
NAVY FEDERAL CREDIT UNION (6.09%), QUICKEN LOANS, LLC (6.11%), Mortgage Research Center, LLC (6.57%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Glens Falls (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $229,000 (14.7%) | $406,240 (11.1%) | 0.00 | 987 |
| 2018-02-01 | $233,950 (17.3%) | $417,556 (11.8%) | 0.00 | 974 |
| 2018-03-01 | $234,900 (12.4%) | $415,955 (10.1%) | 0.00 | 959 |
| 2018-04-01 | $238,925 (8.7%) | $423,114 (9.8%) | 0.00 | 979 |
| 2018-05-01 | $246,100 (7.1%) | $422,523 (5.7%) | 0.00 | 1,059 |
| 2018-06-01 | $247,900 (7.3%) | $419,911 (1.4%) | 0.00 | 1,147 |
| 2018-07-01 | $248,050 (7.9%) | $420,522 (-0.1%) | 0.00 | 1,129 |
| 2018-08-01 | $249,900 (8.7%) | $424,509 (1.0%) | 0.00 | 1,143 |
| 2018-09-01 | $249,900 (9.1%) | $420,356 (2.3%) | 0.00 | 1,131 |
| 2018-10-01 | $249,300 (8.7%) | $419,158 (3.0%) | 0.00 | 1,080 |
| 2018-11-01 | $241,200 (4.9%) | $399,157 (-3.1%) | 0.00 | 995 |
| 2018-12-01 | $234,900 (2.2%) | $397,464 (-3.2%) | 0.00 | 937 |
| 2019-01-01 | $235,000 (2.6%) | $404,783 (-0.4%) | 0.00 | 859 |
| 2019-02-01 | $238,625 (2.0%) | $410,742 (-1.6%) | 0.00 | 811 |
| 2019-03-01 | $243,243 (3.6%) | $428,294 (3.0%) | 0.00 | 840 |
| 2019-04-01 | $249,450 (4.4%) | $453,835 (7.3%) | 0.00 | 894 |
| 2019-05-01 | $252,450 (2.6%) | $442,236 (4.7%) | 0.00 | 884 |
| 2019-06-01 | $259,900 (4.8%) | $457,560 (9.0%) | 0.00 | 987 |
| 2019-07-01 | $259,447 (4.6%) | $443,689 (5.5%) | 0.00 | 1,032 |
| 2019-08-01 | $259,245 (3.7%) | $445,866 (5.0%) | 0.00 | 1,042 |
| 2019-09-01 | $259,614 (3.9%) | $451,069 (7.3%) | 0.00 | 1,040 |
| 2019-10-01 | $254,909 (2.3%) | $450,131 (7.4%) | 0.00 | 1,029 |
| 2019-11-01 | $257,450 (6.7%) | $453,808 (13.7%) | 0.00 | 889 |
| 2019-12-01 | $249,900 (6.4%) | $432,070 (8.7%) | 0.00 | 820 |
| 2020-01-01 | $249,900 (6.3%) | $419,225 (3.6%) | 0.00 | 746 |
| 2020-02-01 | $247,900 (3.9%) | $427,645 (4.1%) | 0.00 | 706 |
| 2020-03-01 | $249,800 (2.7%) | $432,321 (0.9%) | 0.00 | 692 |
| 2020-04-01 | $249,450 (0.0%) | $450,203 (-0.8%) | 0.00 | 662 |
| 2020-05-01 | $269,950 (6.9%) | $481,595 (8.9%) | 0.00 | 653 |
| 2020-06-01 | $274,800 (5.7%) | $489,863 (7.1%) | 0.00 | 644 |
| 2020-07-01 | $275,700 (6.3%) | $495,334 (11.6%) | 0.00 | 606 |
| 2020-08-01 | $269,000 (3.8%) | $480,096 (7.7%) | 0.00 | 566 |
| 2020-09-01 | $274,975 (5.9%) | $486,302 (7.8%) | 0.00 | 541 |
| 2020-10-01 | $279,000 (9.5%) | $495,104 (10.0%) | 0.00 | 515 |
| 2020-11-01 | $279,400 (8.5%) | $531,156 (17.0%) | 0.00 | 457 |
| 2020-12-01 | $279,381 (11.8%) | $559,659 (29.5%) | 0.00 | 409 |
| 2021-01-01 | $280,000 (12.0%) | $574,280 (37.0%) | 0.00 | 349 |
| 2021-02-01 | $269,450 (8.7%) | $600,716 (40.5%) | 0.00 | 298 |
| 2021-03-01 | $295,000 (18.1%) | $618,094 (43.0%) | 0.00 | 274 |
| 2021-04-01 | $290,750 (16.6%) | $635,376 (41.1%) | 0.00 | 252 |
| 2021-05-01 | $275,000 (1.9%) | $591,361 (22.8%) | 0.00 | 278 |
| 2021-06-01 | $293,950 (7.0%) | $622,867 (27.2%) | 0.00 | 283 |
| 2021-07-01 | $297,000 (7.7%) | $552,146 (11.5%) | 0.00 | 325 |
| 2021-08-01 | $299,900 (11.5%) | $554,855 (15.6%) | 0.00 | 312 |
| 2021-09-01 | $289,225 (5.2%) | $528,851 (8.8%) | 0.00 | 317 |
| 2021-10-01 | $275,000 (-1.4%) | $515,798 (4.2%) | 0.00 | 312 |
| 2021-11-01 | $277,000 (-0.9%) | $500,414 (-5.8%) | 0.00 | 288 |
| 2021-12-01 | $269,000 (-3.7%) | $493,300 (-11.9%) | 0.00 | 241 |
| 2022-01-01 | $259,000 (-7.5%) | $508,738 (-11.4%) | 0.00 | 211 |
| 2022-02-01 | $264,500 (-1.8%) | $541,679 (-9.8%) | 0.00 | 205 |
| 2022-03-01 | $295,000 (0.0%) | $559,162 (-9.5%) | 0.00 | 186 |
| 2022-04-01 | $299,450 (3.0%) | $539,240 (-15.1%) | 0.00 | 201 |
| 2022-05-01 | $298,000 (8.4%) | $551,723 (-6.7%) | 0.00 | 257 |
| 2022-06-01 | $294,450 (0.2%) | $537,852 (-13.7%) | 0.00 | 293 |
| 2022-07-01 | $295,000 (-0.7%) | $506,465 (-8.3%) | 0.00 | 355 |
| 2022-08-01 | $299,675 (-0.1%) | $547,939 (-1.3%) | 0.00 | 354 |
| 2022-09-01 | $299,900 (3.7%) | $578,256 (9.3%) | 0.00 | 353 |
| 2022-10-01 | $299,900 (9.1%) | $613,149 (18.9%) | 0.00 | 347 |
| 2022-11-01 | $299,900 (8.3%) | $654,793 (30.9%) | 0.00 | 338 |
| 2022-12-01 | $299,900 (11.5%) | $633,962 (28.5%) | 0.00 | 310 |
| 2023-01-01 | $289,450 (11.8%) | $671,363 (32.0%) | 0.00 | 256 |
| 2023-02-01 | $302,500 (14.4%) | $678,604 (25.3%) | 0.00 | 231 |
| 2023-03-01 | $302,750 (2.6%) | $690,229 (23.4%) | 0.00 | 201 |
| 2023-04-01 | $299,950 (0.2%) | $725,328 (34.5%) | 0.00 | 180 |
| 2023-05-01 | $335,725 (12.7%) | $753,538 (36.6%) | 0.00 | 186 |
| 2023-06-01 | $314,450 (6.8%) | $711,551 (32.3%) | 0.00 | 226 |
| 2023-07-01 | $336,900 (14.2%) | $726,081 (43.4%) | 0.00 | 238 |
| 2023-08-01 | $349,900 (16.8%) | $627,192 (14.5%) | 0.00 | 269 |
| 2023-09-01 | $349,900 (16.7%) | $616,603 (6.6%) | 0.00 | 274 |
| 2023-10-01 | $349,975 (16.7%) | $606,057 (-1.2%) | 0.00 | 281 |
| 2023-11-01 | $349,450 (16.5%) | $630,001 (-3.8%) | 0.00 | 272 |
| 2023-12-01 | $345,000 (15.0%) | $612,156 (-3.4%) | 0.00 | 253 |
| 2024-01-01 | $338,925 (17.1%) | $622,448 (-7.3%) | 0.00 | 225 |
| 2024-02-01 | $334,950 (10.7%) | $684,447 (0.9%) | 0.00 | 217 |
| 2024-03-01 | $349,900 (15.6%) | $710,366 (2.9%) | 0.00 | 218 |
| 2024-04-01 | $363,950 (21.3%) | $727,879 (0.4%) | 0.00 | 232 |
| 2024-05-01 | $377,000 (12.3%) | $713,780 (-5.3%) | 0.00 | 260 |
| 2024-06-01 | $339,900 (8.1%) | $684,250 (-3.8%) | 0.00 | 297 |
| 2024-07-01 | $354,450 (5.2%) | $675,835 (-6.9%) | 0.00 | 341 |
| 2024-08-01 | $352,450 (0.7%) | $657,440 (4.8%) | 0.00 | 386 |
| 2024-09-01 | $354,950 (1.4%) | $639,424 (3.7%) | 0.00 | 403 |
| 2024-10-01 | $359,925 (2.8%) | $670,942 (10.7%) | 0.00 | 397 |
| 2024-11-01 | $349,950 (0.1%) | $658,477 (4.5%) | 0.00 | 358 |
| 2024-12-01 | $343,000 (-0.6%) | $635,424 (3.8%) | 0.00 | 306 |
| 2025-01-01 | $368,000 (8.6%) | $623,990 (0.3%) | 0.00 | 257 |
| 2025-02-01 | $363,675 (8.6%) | $624,414 (-8.8%) | 0.00 | 234 |
| 2025-03-01 | $394,500 (12.8%) | $645,381 (-9.2%) | 0.00 | 230 |
| 2025-04-01 | $396,324 (8.9%) | $617,202 (-15.2%) | 0.00 | 242 |
Glens Falls's median listing price comes in at 0% of the national average.
Glens Falls's average listing price for 2025-04-01 was $617,202, a difference of $-110,677 (-15.2%) versus the prior year and $-28,179 versus the prior month.
For the 2025-04-01 period, Glens Falls had 242 MLS listings, a difference of 12 listings (5%) versus the prior month and 10 listings (4%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Glens Falls (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,760 sqft |
| 2018-02-01 | 0 days | 1,742 sqft |
| 2018-03-01 | 0 days | 1,748 sqft |
| 2018-04-01 | 0 days | 1,767 sqft |
| 2018-05-01 | 0 days | 1,773 sqft |
| 2018-06-01 | 0 days | 1,776 sqft |
| 2018-07-01 | 0 days | 1,772 sqft |
| 2018-08-01 | 0 days | 1,776 sqft |
| 2018-09-01 | 0 days | 1,776 sqft |
| 2018-10-01 | 0 days | 1,800 sqft |
| 2018-11-01 | 0 days | 1,789 sqft |
| 2018-12-01 | 0 days | 1,730 sqft |
| 2019-01-01 | 0 days | 1,730 sqft |
| 2019-02-01 | 0 days | 1,747 sqft |
| 2019-03-01 | 0 days | 1,755 sqft |
| 2019-04-01 | 0 days | 1,768 sqft |
| 2019-05-01 | 0 days | 1,656 sqft |
| 2019-06-01 | 0 days | 1,701 sqft |
| 2019-07-01 | 0 days | 1,706 sqft |
| 2019-08-01 | 0 days | 1,717 sqft |
| 2019-09-01 | 0 days | 1,728 sqft |
| 2019-10-01 | 0 days | 1,717 sqft |
| 2019-11-01 | 0 days | 1,738 sqft |
| 2019-12-01 | 0 days | 1,723 sqft |
| 2020-01-01 | 0 days | 1,736 sqft |
| 2020-02-01 | 0 days | 1,716 sqft |
| 2020-03-01 | 0 days | 1,700 sqft |
| 2020-04-01 | 0 days | 1,736 sqft |
| 2020-05-01 | 0 days | 1,759 sqft |
| 2020-06-01 | 0 days | 1,758 sqft |
| 2020-07-01 | 0 days | 1,764 sqft |
| 2020-08-01 | 0 days | 1,754 sqft |
| 2020-09-01 | 0 days | 1,764 sqft |
| 2020-10-01 | 0 days | 1,800 sqft |
| 2020-11-01 | 0 days | 1,836 sqft |
| 2020-12-01 | 0 days | 1,833 sqft |
| 2021-01-01 | 0 days | 1,879 sqft |
| 2021-02-01 | 0 days | 1,822 sqft |
| 2021-03-01 | 0 days | 1,838 sqft |
| 2021-04-01 | 0 days | 1,895 sqft |
| 2021-05-01 | 0 days | 1,800 sqft |
| 2021-06-01 | 0 days | 1,831 sqft |
| 2021-07-01 | 0 days | 1,761 sqft |
| 2021-08-01 | 0 days | 1,760 sqft |
| 2021-09-01 | 0 days | 1,681 sqft |
| 2021-10-01 | 0 days | 1,736 sqft |
| 2021-11-01 | 0 days | 1,731 sqft |
| 2021-12-01 | 0 days | 1,760 sqft |
| 2022-01-01 | 0 days | 1,888 sqft |
| 2022-02-01 | 0 days | 1,720 sqft |
| 2022-03-01 | 0 days | 1,742 sqft |
| 2022-04-01 | 0 days | 1,708 sqft |
| 2022-05-01 | 0 days | 1,592 sqft |
| 2022-06-01 | 0 days | 1,604 sqft |
| 2022-07-01 | 0 days | 1,574 sqft |
| 2022-08-01 | 0 days | 1,589 sqft |
| 2022-09-01 | 0 days | 1,619 sqft |
| 2022-10-01 | 0 days | 1,636 sqft |
| 2022-11-01 | 0 days | 1,642 sqft |
| 2022-12-01 | 0 days | 1,668 sqft |
| 2023-01-01 | 0 days | 1,638 sqft |
| 2023-02-01 | 0 days | 1,662 sqft |
| 2023-03-01 | 0 days | 1,678 sqft |
| 2023-04-01 | 0 days | 1,731 sqft |
| 2023-05-01 | 0 days | 1,741 sqft |
| 2023-06-01 | 0 days | 1,669 sqft |
| 2023-07-01 | 0 days | 1,680 sqft |
| 2023-08-01 | 0 days | 1,674 sqft |
| 2023-09-01 | 0 days | 1,683 sqft |
| 2023-10-01 | 0 days | 1,653 sqft |
| 2023-11-01 | 0 days | 1,658 sqft |
| 2023-12-01 | 0 days | 1,658 sqft |
| 2024-01-01 | 0 days | 1,655 sqft |
| 2024-02-01 | 0 days | 1,674 sqft |
| 2024-03-01 | 0 days | 1,650 sqft |
| 2024-04-01 | 0 days | 1,690 sqft |
| 2024-05-01 | 0 days | 1,737 sqft |
| 2024-06-01 | 0 days | 1,645 sqft |
| 2024-07-01 | 0 days | 1,719 sqft |
| 2024-08-01 | 0 days | 1,739 sqft |
| 2024-09-01 | 0 days | 1,730 sqft |
| 2024-10-01 | 0 days | 1,699 sqft |
| 2024-11-01 | 0 days | 1,673 sqft |
| 2024-12-01 | 0 days | 1,651 sqft |
| 2025-01-01 | 0 days | 1,689 sqft |
| 2025-02-01 | 0 days | 1,669 sqft |
| 2025-03-01 | 0 days | 1,666 sqft |
| 2025-04-01 | 0 days | 1,618 sqft |
Glens Falls's median square footage for active listings during the 2025-04-01 period was 1,618 sqft. One year prior, the average listing was 1,690 sqft.