GLENS FALLS Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Glens Falls averaged 6.75% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2023-03-09) was 7.08% and one month ago for the week of 2023-02-09, the average rate was 6.27%.

Glens Falls's average rate one year ago was 3.57%.

For refis of the same type during the week of 2023-03-16, the average rate was 7.25%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-03-16 6.6%
Glens Falls 30 Year Fixed Rate 2023-03-16 6.75%
Glens Falls 30 Year Fixed Rate Refi 2023-03-16 7.25%
Glens Falls 15 Year Fixed Rate 2023-03-16 6.25%
Glens Falls 15 Year Fixed Rate Refi 2023-03-16 6.75%
Glens Falls 30 Year FHA 2023-03-16 6.27%
Glens Falls 30 Year FHA Refi 2023-03-16 6.4%
Glens Falls 30 Year USDA 2023-03-16 6.28%
Glens Falls 30 Year USDA Refi 2023-03-16 6.27%
Glens Falls 30 Year VA 2023-03-16 6.46%
Glens Falls 30 Year VA Refi 2023-03-16 5.97%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GLENS FALLS, NY.

GLENS FALLS Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the GLENS FALLS, NY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
HOMESTEAD FUNDING CORP. 180 5.00% $3,889
Glens Falls National Bank and Trust Company 164 4.38% $4,859
QUICKEN LOANS, LLC 86 4.85% $6,787
SEFCU SERVICES, LLC 54 3.94% $4,020
HUDSON RIVER COMMUNITY 47 4.88% $1,968
TrustCo Bank 35 4.36% $2,189
UNITED WHOLESALE MORTGAGE, LLC 31 5.80% $6,434
TD Bank 27 4.36% $4,114
CCFCU FUNDING, LLC 22 4.10% $3,945
HOME POINT FINANCIAL CORPORATION 22 5.36% $7,786
Evolve Bank & Trust 18 5.24% $5,355
CALIBER HOME LOANS, INC. 17 4.10% $7,041
Wells Fargo Bank 16 4.98% $5,557
M&T Bank 16 4.24% $4,728
NBT Bank 16 4.59% $4,369
Citizens Bank 15 4.04% $4,632
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 14 5.52% $6,672
Community Bank 13 5.38% $662
GUARANTEED RATE, INC. 12 5.11% $6,412
Flagstar Bank, FSB 11 3.68% $5,174
LOANDEPOT.COM, LLC 10 4.35% $6,981
Bank of America 9 4.07% $10,562
MOVEMENT MORTGAGE, LLC 9 4.45% $4,778
Farm Credit East, ACA 9 5.79% $5,726
SUNMARK FEDERAL CREDIT UNION 9 3.83% $3,251
Premium Mortgage Corporation 9 4.86% $6,463
JPMorgan Chase Bank 8 5.06% $9,232
KeyBank 8 5.09% $4,607
U.S. Bank 7 5.54% $7,148
NEWREZ LLC 7 4.68% $5,265
Mr. Cooper ( Nationstar Mortgage ) 7 3.78% $6,796
NBKC BANK 6 5.02% $5,099
Chemung Canal Trust Company 6 4.38% $5,847
ROYAL UNITED MORTGAGE LLC 6 5.48% $7,330
PLAZA HOME MORTGAGE, INC. 6 4.46% $7,346
NAVY FEDERAL CREDIT UNION 5 5.50% $3,205
Saratoga National Bank and Trust Company 5 4.50% $3,191
Morgan Stanley Private Bank 4 3.80% $5,435
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 5.50% $8,120
INLAND BANK & TRUST 4 6.72% $7,284
TCT 4 5.03% $3,292
HUNT MORTGAGE CORPORATION 3 5.29% $10,988
CROSSCOUNTRY MORTGAGE, LLC 3 5.88% $9,366
Citibank 3 4.88% $7,842
ABSOLUTE HOME MORTGAGE CORPORATION 3 5.29% $5,436
PENTAGON FEDERAL CREDIT UNION 3 3.71% $14,792
PHH Mortgage Corporation 3 4.13% $5,858
Quik Fund, Inc 2 7.25% $9,398
A&D Mortgage LLC 2 6.12% $15,747
Ally Bank 2 5.88% $7,301
ARC HOME LLC 2 5.13% $14,094
Berkshire Bank 2 3.25% $4,034
EMBRACE HOME LOANS, INC. 2 3.93% $4,484
FREEDOM MORTGAGE CORPORATION 2 5.81% $7,702
GUARANTEED RATE AFFINITY, LLC 2 5.68% $8,024
Mortgage Research Center, LLC 2 5.81% $5,263
Northpointe Bank 2 5.25% $5,793
PNC Bank 2 5.38% $6,296
Stifel Bank and Trust 2 3.44% $4,295
TEACHERS 2 4.06% $4,999
US MORTGAGE CORPORATION 2 6.00% $12,054
Valley National Bank 2 3.81% $7,688
Webster Bank 2 4.31% $7,104
Nassau Educators Federal Credit Union 1 3.63% $3,491
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.99% $16,632
First Republic Bank 1 2.55% $4,481
FIRST NEW YORK 1 3.50% $2,653
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION 1 4.75% $7,608
ENVOY MORTGAGE, LTD 1 5.63% $10,428
Atlantic Union Bank 1 5.99% $7,363
NP, Inc. 1 5.63% $8,473
OceanFirst Bank 1 5.50% $6,459
PARAGON HOME LOANS INC. 1 6.00% $7,199
Peapack-Gladstone Bank 1 6.00% $4,975
Empower Federal Credit Union 1 5.13% $4,440
People's United Bank 1 3.50% $4,370
East Coast Capital Corp. 1 3.75% $6,290
Discover Bank 1 6.74% $0
AMERICU Credit Union 1 5.88% $2,860
CONTOUR MORTGAGE CORPORATION 1 4.88% $7,229
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.38% $6,037
Columbia Bank 1 6.25% $4,465
1ST PRIORITY MORTGAGE, INC. 1 7.00% $13,148
Quontic Bank 1 9.13% $43,747
RELIANCE FIRST CAPITAL, LLC 1 3.75% $7,269
Republic Bank & Trust Company 1 4.88% $6,149
Rhinebeck Bank 1 5.25% $3,707
CLIFFCO, INC. 1 7.75% $22,338
Santander Bank, N.A. 1 3.00% $4,514
City National Bank 1 2.91% $7,556
Carrington Mortgage Services, LLC 1 3.88% $6,685
WINGS FINANCIAL 1 4.13% $5,541
BMO Harris Bank 1 4.63% $16,377
BETTER MORTGAGE CORPORATION 1 3.63% $3,527
Bethpage Federal Credit Union 1 5.50% $3,668
21ST MORTGAGE CORPORATION 1 4.75% $6,173
The Camden National Bank 1 2.88% $4,869
The Federal Savings Bank 1 5.75% $14,705
TOTAL MORTGAGE SERVICES, LLC 1 5.88% $4,212
Baxter Credit Union 1 6.63% $6,715
Ulster Savings Bank 1 5.38% $2,124
GuardHill Financial Corp. 1 6.00% $5,821
GREENWAY MORTGAGE FUNDING CORP. 1 3.38% $18,229
MID-ISLAND MORTGAGE CORP. 1 5.63% $4,734
GHS Federal Credit Union 1 5.25% $3,370
United Nations Federal Credit Union 1 4.38% $3,515
FM Home Loans, LLC 1 3.63% $5,502
First Savings Bank 1 5.75% $4,754
Firstrust Savings Bank 1 4.00% $8,361

GLENS FALLS Average Closing Costs & Other Stats

GLENS FALLS, NY's 109 lenders originated 2,847 loans during 2022. The total origination value was $856,405,000, with an average loan value of $300,810.

GLENS FALLS's average closing costs are $4,642.

The top GLENS FALLS lender as defined by loan originations is HOMESTEAD FUNDING CORP., with 180 loans originated. Their average total fees are $3,889, which is $970 lower than the next largest lender, Glens Falls National Bank and Trust Company.

The lowest fee GLENS FALLS lenders (with over 10 loans originated) are Community Bank ($662), HUDSON RIVER COMMUNITY ($1,968), TrustCo Bank ($2,189), HOMESTEAD FUNDING CORP. ($3,889) and CCFCU FUNDING, LLC ($3,945).

The lowest rate GLENS FALLS lenders (with over 10 loans originated) are Flagstar Bank, FSB (3.68%), SEFCU SERVICES, LLC (3.94%), Citizens Bank (4.04%), CCFCU FUNDING, LLC (4.10%) and CALIBER HOME LOANS, INC. (4.10%).

GLENS FALLS, NY Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Glens Falls National Bank and Trust Company $124,980,000 $127,965,000 2.4% 14.9%
Community Bank $5,945,000 $74,005,000 1,144.8% 8.6%
The Adirondack Trust Company $20,745,000 $68,635,000 230.9% 8.0%
HOMESTEAD FUNDING CORP. $113,925,000 $65,045,000 -42.9% 7.6%
QUICKEN LOANS, LLC $82,685,000 $39,550,000 -52.2% 4.6%
M&T Bank $27,470,000 $39,200,000 42.7% 4.6%
KeyBank $30,900,000 $34,490,000 11.6% 4.0%
Pioneer Bank $1,295,000 $26,380,000 1,937.1% 3.1%
Chemung Canal Trust Company $5,535,000 $25,605,000 362.6% 3.0%
TrustCo Bank $38,120,000 $25,015,000 -34.4% 2.9%
NBT Bank $15,320,000 $23,700,000 54.7% 2.8%
HUDSON RIVER COMMUNITY $22,625,000 $17,130,000 -24.3% 2.0%
SEFCU SERVICES, LLC $28,995,000 $16,910,000 -41.7% 2.0%
UNITED WHOLESALE MORTGAGE, LLC $18,440,000 $16,885,000 -8.4% 2.0%
Citizens Bank $21,625,000 $16,870,000 -22.0% 2.0%
TD Bank $10,930,000 $14,175,000 29.7% 1.7%
TCT $16,555,000 $13,555,000 -18.1% 1.6%
HOME POINT FINANCIAL CORPORATION $17,755,000 $9,855,000 -44.5% 1.2%
Bank of America $9,425,000 $9,070,000 -3.8% 1.1%
CALIBER HOME LOANS, INC. $6,605,000 $8,480,000 28.4% 1.0%
JPMorgan Chase Bank $12,905,000 $8,350,000 -35.3% 1.0%
STATE EMPLOYEES FEDERAL CREDIT UNION $3,990,000 $7,375,000 84.8% 0.9%
CCFCU FUNDING, LLC $14,040,000 $7,340,000 -47.7% 0.9%
Wells Fargo Bank $18,000,000 $6,590,000 -63.4% 0.8%
Evolve Bank & Trust $6,410,000 n/a 0.7%
SUNMARK FEDERAL CREDIT UNION $13,380,000 $6,005,000 -55.1% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,495,000 $5,720,000 4.1% 0.7%
GUARANTEED RATE, INC. $6,180,000 $5,465,000 -11.6% 0.6%
Ballston Spa National Bank $7,755,000 $5,320,000 -31.4% 0.6%
Mortgage Research Center, LLC $4,545,000 $5,040,000 10.9% 0.6%
Premium Mortgage Corporation $6,965,000 $4,435,000 -36.3% 0.5%
NAVY FEDERAL CREDIT UNION $5,670,000 $4,225,000 -25.5% 0.5%
LOANDEPOT.COM, LLC $7,540,000 $4,150,000 -45.0% 0.5%
Flagstar Bank, FSB $21,755,000 $3,980,000 -81.7% 0.5%
U.S. Bank $3,590,000 $3,830,000 6.7% 0.4%
Saratoga National Bank and Trust Company $5,365,000 $3,815,000 -28.9% 0.4%
Citibank $4,025,000 $3,775,000 -6.2% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $2,595,000 $3,300,000 27.2% 0.4%
Berkshire Bank $5,620,000 $3,130,000 -44.3% 0.4%
Farm Credit East, ACA $4,150,000 $2,940,000 -29.2% 0.3%
PLAZA HOME MORTGAGE, INC. $3,970,000 $2,820,000 -29.0% 0.3%
Valley National Bank $2,035,000 $2,795,000 37.3% 0.3%
PENTAGON FEDERAL CREDIT UNION $1,155,000 $2,675,000 131.6% 0.3%
MOVEMENT MORTGAGE, LLC $875,000 $2,585,000 195.4% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $7,390,000 $2,440,000 -67.0% 0.3%
The National Bank of Coxsackie $1,415,000 $2,225,000 57.2% 0.3%
FREEDOM MORTGAGE CORPORATION $4,595,000 $2,210,000 -51.9% 0.3%
NEWREZ LLC $9,760,000 $2,195,000 -77.5% 0.3%
Morgan Stanley Private Bank $4,980,000 $2,150,000 -56.8% 0.3%
Webster Bank $385,000 $2,145,000 457.1% 0.3%
NBKC BANK $1,630,000 $2,135,000 31.0% 0.2%
CAPITAL COMMUNICATIONS Federal Credit Union $3,215,000 $2,080,000 -35.3% 0.2%
FIRST NEW YORK $1,000,000 $1,810,000 81.0% 0.2%
BMO Harris Bank $1,655,000 n/a 0.2%
Republic Bank & Trust Company $1,505,000 n/a 0.2%
HUNT MORTGAGE CORPORATION $695,000 $1,430,000 105.8% 0.2%
GUARANTEED RATE AFFINITY, LLC $400,000 $1,360,000 240.0% 0.2%
Quontic Bank $595,000 $1,335,000 124.4% 0.2%
Carrington Mortgage Services, LLC $2,520,000 $1,235,000 -51.0% 0.1%
Stifel Bank and Trust $425,000 $1,190,000 180.0% 0.1%
The Federal Savings Bank $1,580,000 $1,130,000 -28.5% 0.1%
ABSOLUTE HOME MORTGAGE CORPORATION $950,000 $1,095,000 15.3% 0.1%
ROYAL UNITED MORTGAGE LLC $805,000 $1,060,000 31.7% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,090,000 $1,055,000 -3.2% 0.1%
1ST PRIORITY MORTGAGE, INC. $1,985,000 $1,035,000 -47.9% 0.1%
Columbia Bank $955,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $955,000 $945,000 -1.0% 0.1%
Unity Bank $935,000 n/a 0.1%
INLAND BANK & TRUST $920,000 n/a 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $545,000 $895,000 64.2% 0.1%
PHH Mortgage Corporation $295,000 $855,000 189.8% 0.1%
GREENWAY MORTGAGE FUNDING CORP. $845,000 n/a 0.1%
CONTOUR MORTGAGE CORPORATION $940,000 $835,000 -11.2% 0.1%
People's United Bank $810,000 n/a 0.1%
21ST MORTGAGE CORPORATION $580,000 $790,000 36.2% 0.1%
North American Savings Bank, F.S.B. $335,000 $765,000 128.4% 0.1%
A&D Mortgage LLC $750,000 n/a 0.1%
US MORTGAGE CORPORATION $725,000 n/a 0.1%
City National Bank $2,475,000 $685,000 -72.3% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $640,000 $680,000 6.3% 0.1%
The Camden National Bank $165,000 $675,000 309.1% 0.1%
CLIFFCO, INC. $345,000 $645,000 87.0% 0.1%
GuardHill Financial Corp. $645,000 n/a 0.1%
Advisors Mortgage Group, L.L.C. $260,000 $625,000 140.4% 0.1%
EMBRACE HOME LOANS, INC. $1,095,000 $620,000 -43.4% 0.1%
TEACHERS $1,360,000 $610,000 -55.1% 0.1%
Firstrust Savings Bank $605,000 n/a 0.1%
AMERICAN ADVISORS GROUP $705,000 $595,000 -15.6% 0.1%
BETTER MORTGAGE CORPORATION $2,990,000 $585,000 -80.4% 0.1%
American Broadcast Employees Federal Credit Union $575,000 n/a 0.1%
NP, Inc. $370,000 $575,000 55.4% 0.1%
ARC HOME LLC $1,095,000 $570,000 -47.9% 0.1%
WINGS FINANCIAL $555,000 n/a 0.1%
Discover Bank $455,000 $550,000 20.9% 0.1%
Ally Bank $530,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $525,000 $510,000 -2.9% 0.1%
RELIANCE FIRST CAPITAL, LLC $2,010,000 $500,000 -75.1% 0.1%
PNC Bank $1,855,000 $485,000 -73.9% 0.1%
First Savings Bank $650,000 $480,000 -26.2% 0.1%
Bethpage Federal Credit Union $1,060,000 $435,000 -59.0% 0.1%
AMERICAN FINANCING CORPORATION $1,300,000 $430,000 -66.9% 0.1%
Quik Fund, Inc $420,000 n/a 0.0%
FM Home Loans, LLC $415,000 n/a 0.0%
East Coast Capital Corp. $580,000 $405,000 -30.2% 0.0%
Northpointe Bank $305,000 $400,000 31.1% 0.0%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,475,000 $395,000 -73.2% 0.0%
SIRVA MORTGAGE, INC. $365,000 n/a 0.0%
Empower Federal Credit Union $210,000 $360,000 71.4% 0.0%
AMERICU Credit Union $185,000 $350,000 89.2% 0.0%
PARAGON HOME LOANS INC. $515,000 $345,000 -33.0% 0.0%
United Nations Federal Credit Union $345,000 n/a 0.0%
Peapack-Gladstone Bank $335,000 n/a 0.0%
USAA Federal Savings Bank $1,375,000 $320,000 -76.7% 0.0%
CORNING $310,000 n/a 0.0%
Santander Bank, N.A. $465,000 $295,000 -36.6% 0.0%
Ulster Savings Bank $285,000 n/a 0.0%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $275,000 n/a 0.0%
ENVOY MORTGAGE, LTD $235,000 $265,000 12.8% 0.0%
OceanFirst Bank $265,000 n/a 0.0%
EMM LOANS LLC $255,000 n/a 0.0%
GHS Federal Credit Union $255,000 n/a 0.0%
Rhinebeck Bank $255,000 n/a 0.0%
The Upstate National Bank $405,000 $255,000 -37.0% 0.0%
TOTAL MORTGAGE SERVICES, LLC $440,000 $255,000 -42.0% 0.0%
FINANCE OF AMERICA REVERSE LLC $65,000 $245,000 276.9% 0.0%
HARTFORD FUNDING, LTD. $235,000 n/a 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,195,000 $225,000 -89.7% 0.0%
Rondout Savings Bank $225,000 n/a 0.0%
SILVER HILL FUNDING, LLC $225,000 n/a 0.0%
Axos Bank $125,000 $215,000 72.0% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $315,000 $195,000 -38.1% 0.0%
GUIDANCE RESIDENTIAL, LLC $185,000 n/a 0.0%
Service Federal Credit Union $175,000 n/a 0.0%
UNITED MORTGAGE CORP. $370,000 $175,000 -52.7% 0.0%
Capital Bank $165,000 n/a 0.0%
Equity Prime Mortgage LLC $265,000 $165,000 -37.7% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $165,000 n/a 0.0%
Atlantic Union Bank $185,000 $155,000 -16.2% 0.0%
Lee Bank $155,000 n/a 0.0%
Nassau Educators Federal Credit Union $505,000 $155,000 -69.3% 0.0%
Baxter Credit Union $145,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $145,000 n/a 0.0%
LAKEVIEW LOAN SERVICING, LLC $145,000 n/a 0.0%
First Republic Bank $3,640,000 $125,000 -96.6% 0.0%
AMERICAN HERITAGE LENDING, INC. $115,000 n/a 0.0%
AFFINITY $255,000 $105,000 -58.8% 0.0%
PLANET HOME LENDING, LLC $105,000 n/a 0.0%
PROPONENT Federal Credit Union $105,000 n/a 0.0%
MID-ISLAND MORTGAGE CORP. $565,000 $95,000 -83.2% 0.0%
SUFFOLK $75,000 n/a 0.0%
BayCoast Bank $65,000 n/a 0.0%
HUDSON VALLEY CREDIT UNION $1,015,000 $65,000 -93.6% 0.0%
MID-HUDSON VALLEY $65,000 n/a 0.0%
Bank of England $930,000 $45,000 -95.2% 0.0%
STAR USA FEDERAL CREDIT UNION $35,000 n/a 0.0%
GREENWOOD $25,000 n/a 0.0%

GLENS FALLS's top lender by overall market share is Glens Falls National Bank and Trust Company, with 14.9% market share. In second place, with 8.6%, is Community Bank, having originated $74,005,000 in loans. In third place, with 8.0%, is The Adirondack Trust Company, having originated $68,635,000 in loans. In fourth place, with 7.6%, is HOMESTEAD FUNDING CORP., having originated $65,045,000 in loans. In fifth place, with 4.6%, is QUICKEN LOANS, LLC, having originated $39,550,000 in loans.


GLENS FALLS Housing Market Trends (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 (14.6%) $405,911 (10.8%) 0.00 987
2018-02-01 $233,950 (17.3%) $417,556 (11.6%) 0.00 974
2018-03-01 $234,900 (10.8%) $416,303 (10.0%) 0.00 957
2018-04-01 $239,450 (8.9%) $423,829 (9.9%) 0.00 977
2018-05-01 $247,475 (7.6%) $423,181 (5.7%) 0.00 1,057
2018-06-01 $249,000 (7.8%) $420,519 (1.5%) 0.00 1,145
2018-07-01 $248,625 (8.1%) $421,138 (0.0%) 0.00 1,127
2018-08-01 $249,950 (8.7%) $425,130 (1.2%) 0.00 1,141
2018-09-01 $249,900 (9.1%) $421,090 (2.4%) 0.00 1,128
2018-10-01 $249,475 (8.9%) $419,936 (3.2%) 0.00 1,077
2018-11-01 $241,850 (5.2%) $399,886 (-2.8%) 0.00 992
2018-12-01 $235,000 (2.2%) $398,182 (-2.9%) 0.00 935
2019-01-01 $235,225 (2.7%) $405,571 (-0.1%) 0.00 857
2019-02-01 $239,000 (2.2%) $411,420 (-1.5%) 0.00 810
2019-03-01 $243,671 (3.7%) $428,684 (3.0%) 0.00 840
2019-04-01 $249,450 (4.2%) $453,835 (7.1%) 0.00 894
2019-05-01 $252,450 (2.0%) $442,142 (4.5%) 0.00 884
2019-06-01 $259,900 (4.4%) $458,352 (9.0%) 0.00 985
2019-07-01 $259,347 (4.3%) $444,425 (5.5%) 0.00 1,030
2019-08-01 $259,245 (3.7%) $446,607 (5.1%) 0.00 1,040
2019-09-01 $259,614 (3.9%) $451,822 (7.3%) 0.00 1,038
2019-10-01 $254,909 (2.2%) $450,881 (7.4%) 0.00 1,027
2019-11-01 $257,000 (6.3%) $454,860 (13.8%) 0.00 886
2019-12-01 $249,900 (6.3%) $433,245 (8.8%) 0.00 817
2020-01-01 $249,900 (6.2%) $420,401 (3.7%) 0.00 743
2020-02-01 $248,000 (3.8%) $428,122 (4.1%) 0.00 706
2020-03-01 $249,350 (2.3%) $433,636 (1.2%) 0.00 688
2020-04-01 $249,450 (0.0%) $451,684 (-0.5%) 0.00 658
2020-05-01 $269,900 (6.9%) $482,845 (9.2%) 0.00 648
2020-06-01 $270,225 (4.0%) $491,002 (7.1%) 0.00 640
2020-07-01 $274,950 (6.0%) $496,344 (11.7%) 0.00 602
2020-08-01 $265,000 (2.2%) $481,324 (7.8%) 0.00 561
2020-09-01 $272,400 (4.9%) $487,966 (8.0%) 0.00 536
2020-10-01 $278,950 (9.4%) $497,172 (10.3%) 0.00 509
2020-11-01 $277,350 (7.9%) $532,840 (17.1%) 0.00 453
2020-12-01 $279,006 (11.7%) $561,733 (29.7%) 0.00 406
2021-01-01 $279,900 (12.0%) $575,874 (37.0%) 0.00 345
2021-02-01 $269,450 (8.7%) $601,637 (40.5%) 0.00 298
2021-03-01 $294,950 (18.3%) $621,006 (43.2%) 0.00 271
2021-04-01 $284,950 (14.2%) $639,814 (41.7%) 0.00 249
2021-05-01 $274,700 (1.8%) $594,918 (23.2%) 0.00 274
2021-06-01 $289,175 (7.0%) $626,647 (27.6%) 0.00 280
2021-07-01 $282,000 (2.6%) $561,392 (13.1%) 0.00 309
2021-08-01 $299,450 (13.0%) $560,508 (16.5%) 0.00 305
2021-09-01 $289,000 (6.1%) $528,485 (8.3%) 0.00 317
2021-10-01 $275,000 (-1.4%) $515,049 (3.6%) 0.00 313
2021-11-01 $275,000 (-0.9%) $499,385 (-6.3%) 0.00 289
2021-12-01 $268,750 (-3.7%) $492,800 (-12.3%) 0.00 243
2022-01-01 $259,000 (-7.5%) $508,051 (-11.8%) 0.00 212
2022-02-01 $265,250 (-1.6%) $541,297 (-10.0%) 0.00 205
2022-03-01 $295,000 (0.0%) $560,745 (-9.7%) 0.00 186
2022-04-01 $299,900 (5.3%) $539,240 (-15.7%) 0.00 201
2022-05-01 $298,000 (8.5%) $554,739 (-6.8%) 0.00 257
2022-06-01 $296,500 (2.5%) $543,245 (-13.3%) 0.00 293
2022-07-01 $299,000 (6.0%) $507,593 (-9.6%) 0.00 355
2022-08-01 $299,675 (0.1%) $547,939 (-2.2%) 0.00 354
2022-09-01 $299,900 (3.8%) $577,233 (9.2%) 0.00 353
2022-10-01 $299,900 (9.1%) $613,149 (19.1%) 0.00 347
2022-11-01 $299,900 (9.1%) $654,793 (31.1%) 0.00 338
2022-12-01 $299,900 (11.6%) $634,188 (28.7%) 0.00 310
2023-01-01 $290,725 (12.3%) $671,363 (32.1%) 0.00 256
2023-02-01 $302,500 (14.0%) $678,604 (25.4%) 0.00 231
GLENS FALLS's median listing price for 2023-02-01 was $302,500, a difference of $37,250 (14.0%) versus the prior year and $11,775 versus the prior month.

GLENS FALLS's median listing price comes in at 0% of the national average.

GLENS FALLS's average listing price for 2023-02-01 was $678,604, a difference of $137,307 (25.4%) versus the prior year and $7,241 versus the prior month.

For the 2023-02-01 period, GLENS FALLS had 231 MLS listings, a difference of -25 listings (-10%) versus the prior month and 26 listings (13%) 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 1,758 sqft
2018-02-01 0 days 1,744 sqft
2018-03-01 0 days 1,757 sqft
2018-04-01 0 days 1,772 sqft
2018-05-01 0 days 1,776 sqft
2018-06-01 0 days 1,776 sqft
2018-07-01 0 days 1,773 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 1,792 sqft
2018-12-01 0 days 1,731 sqft
2019-01-01 0 days 1,730 sqft
2019-02-01 0 days 1,749 sqft
2019-03-01 0 days 1,755 sqft
2019-04-01 0 days 1,765 sqft
2019-05-01 0 days 1,656 sqft
2019-06-01 0 days 1,701 sqft
2019-07-01 0 days 1,707 sqft
2019-08-01 0 days 1,719 sqft
2019-09-01 0 days 1,729 sqft
2019-10-01 0 days 1,720 sqft
2019-11-01 0 days 1,740 sqft
2019-12-01 0 days 1,725 sqft
2020-01-01 0 days 1,736 sqft
2020-02-01 0 days 1,715 sqft
2020-03-01 0 days 1,695 sqft
2020-04-01 0 days 1,729 sqft
2020-05-01 0 days 1,758 sqft
2020-06-01 0 days 1,754 sqft
2020-07-01 0 days 1,762 sqft
2020-08-01 0 days 1,752 sqft
2020-09-01 0 days 1,758 sqft
2020-10-01 0 days 1,800 sqft
2020-11-01 0 days 1,823 sqft
2020-12-01 0 days 1,824 sqft
2021-01-01 0 days 1,870 sqft
2021-02-01 0 days 1,807 sqft
2021-03-01 0 days 1,821 sqft
2021-04-01 0 days 1,881 sqft
2021-05-01 0 days 1,800 sqft
2021-06-01 0 days 1,827 sqft
2021-07-01 0 days 1,762 sqft
2021-08-01 0 days 1,758 sqft
2021-09-01 0 days 1,682 sqft
2021-10-01 0 days 1,736 sqft
2021-11-01 0 days 1,728 sqft
2021-12-01 0 days 1,774 sqft
2022-01-01 0 days 1,905 sqft
2022-02-01 0 days 1,720 sqft
2022-03-01 0 days 1,742 sqft
2022-04-01 0 days 1,700 sqft
2022-05-01 0 days 1,596 sqft
2022-06-01 0 days 1,607 sqft
2022-07-01 0 days 1,568 sqft
2022-08-01 0 days 1,589 sqft
2022-09-01 0 days 1,614 sqft
2022-10-01 0 days 1,634 sqft
2022-11-01 0 days 1,641 sqft
2022-12-01 0 days 1,666 sqft
2023-01-01 0 days 1,636 sqft
2023-02-01 0 days 1,662 sqft
GLENS FALLS's median listing age (time on market) for 2023-02-01 was 0 days.

GLENS FALLS's median square footage for active listings during the 2023-02-01 period was 1,662 sqft. One year prior, the average listing was 1,720 sqft.

GLENS FALLS, NY Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
12028 Glens Falls, NY $730 $840 $1,040 $1,320 $1,410
12057 Glens Falls, NY $730 $840 $1,040 $1,330 $1,420
12090 Glens Falls, NY $820 $910 $1,110 $1,370 $1,510
12094 Glens Falls, NY $790 $890 $1,090 $1,360 $1,480
12154 Glens Falls, NY $730 $830 $1,010 $1,260 $1,370
12185 Glens Falls, NY $810 $910 $1,110 $1,380 $1,510
12801 Glens Falls, NY $710 $850 $1,060 $1,380 $1,440
12803 Glens Falls, NY $830 $920 $1,120 $1,380 $1,520
12804 Glens Falls, NY $870 $1,030 $1,290 $1,670 $1,750
12808 Glens Falls, NY $670 $800 $990 $1,290 $1,350
12809 Glens Falls, NY $610 $720 $910 $1,180 $1,250
12810 Glens Falls, NY $680 $810 $1,010 $1,310 $1,370
12811 Glens Falls, NY $700 $830 $1,040 $1,350 $1,410
12814 Glens Falls, NY $680 $810 $1,010 $1,310 $1,370
12815 Glens Falls, NY $660 $790 $990 $1,290 $1,340
12816 Glens Falls, NY $660 $790 $990 $1,290 $1,340
12817 Glens Falls, NY $610 $720 $910 $1,180 $1,250
12819 Glens Falls, NY $830 $990 $1,240 $1,610 $1,680
12820 Glens Falls, NY $740 $880 $1,100 $1,430 $1,490
12821 Glens Falls, NY $680 $810 $1,010 $1,320 $1,380
12823 Glens Falls, NY $680 $810 $1,010 $1,320 $1,380
12824 Glens Falls, NY $680 $810 $1,020 $1,330 $1,380
12827 Glens Falls, NY $670 $800 $1,000 $1,300 $1,360
12828 Glens Falls, NY $740 $860 $1,070 $1,360 $1,450
12832 Glens Falls, NY $610 $720 $910 $1,180 $1,250
12834 Glens Falls, NY $700 $840 $1,050 $1,360 $1,420
12835 Glens Falls, NY $750 $840 $1,020 $1,260 $1,380
12836 Glens Falls, NY $640 $760 $950 $1,230 $1,290
12837 Glens Falls, NY $680 $810 $1,020 $1,320 $1,380
12838 Glens Falls, NY $810 $960 $1,200 $1,560 $1,630
12839 Glens Falls, NY $710 $850 $1,060 $1,380 $1,440
12841 Glens Falls, NY $770 $920 $1,160 $1,500 $1,570
12843 Glens Falls, NY $680 $810 $1,010 $1,310 $1,370
12844 Glens Falls, NY $700 $840 $1,050 $1,360 $1,420
12845 Glens Falls, NY $760 $900 $1,130 $1,470 $1,530
12846 Glens Falls, NY $810 $960 $1,200 $1,560 $1,630
12848 Glens Falls, NY $690 $820 $1,030 $1,340 $1,400
12849 Glens Falls, NY $610 $720 $910 $1,180 $1,250
12853 Glens Falls, NY $700 $830 $1,040 $1,350 $1,410
12854 Glens Falls, NY $690 $820 $1,030 $1,340 $1,400
12856 Glens Falls, NY $740 $880 $1,100 $1,430 $1,490
12857 Glens Falls, NY $760 $900 $1,130 $1,470 $1,530
12860 Glens Falls, NY $660 $790 $980 $1,280 $1,330
12861 Glens Falls, NY $710 $850 $1,060 $1,380 $1,440
12862 Glens Falls, NY $690 $820 $1,030 $1,340 $1,390
12865 Glens Falls, NY $700 $830 $1,040 $1,350 $1,410
12870 Glens Falls, NY $680 $810 $1,010 $1,310 $1,370
12873 Glens Falls, NY $730 $870 $1,090 $1,420 $1,480
12874 Glens Falls, NY $650 $770 $960 $1,250 $1,310
12878 Glens Falls, NY $610 $720 $910 $1,180 $1,250
12883 Glens Falls, NY $690 $820 $1,030 $1,340 $1,400
12885 Glens Falls, NY $660 $790 $990 $1,290 $1,340
12886 Glens Falls, NY $690 $820 $1,030 $1,340 $1,390
12887 Glens Falls, NY $690 $820 $1,030 $1,340 $1,400

2022 Average & Median Rent Data Statistics
GLENS FALLS, NY average 1BR rent: $836, median: $825
GLENS FALLS, NY average 2BR rent: $1,043, median: $1,030
GLENS FALLS, NY average 3BR rent: $1,347, median: $1,340

GLENS FALLS, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,370 $402,380,000 $293,708
Cash Out Refi 522 $130,650,000 $250,287
Home Improvement 368 $33,160,000 $90,109
Refi 337 $258,605,000 $767,374
Other 250 $31,610,000 $126,440

Glens Falls's most frequently cited loan purpose was Home Purchase, with 1,370 originations. The 2nd most popular reason was Cash Out Refi, with 522 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 697 $199,195,000 $285,789
5-6% 591 $117,805,000 $199,332
4-5% 590 $281,920,000 $477,831
2.5-3% 305 $57,025,000 $186,967
6-7% 225 $44,555,000 $198,022
<2.5% 116 $20,070,000 $173,017
7-8% 89 $15,125,000 $169,944
Over 8% 31 $3,435,000 $110,806

During 2022, Glens Falls's most frequently originated rate bucket was 3-4%, with 697 originations.

Loan Sizing (GLENS FALLS, NY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,071 $158,735,000 $148,212
$200k-400k 840 $224,260,000 $266,976
$100,000 or less 689 $39,095,000 $56,742
$400k-600k 128 $60,550,000 $473,047
$600k-1000k 65 $47,545,000 $731,462
$Over $1MM 54 $326,220,000 $6,041,111

GLENS FALLS's loan sizing saw the bucket of loans from $100k-200k with 1,071 originations, totaling $158,735,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 999 $253,345,000 $253,599
60-80% 683 $333,665,000 $488,529
20-40% 333 $62,235,000 $186,892
Under 20% 325 $22,565,000 $69,431
40-60% 279 $63,025,000 $225,896
Over 100% 15 $3,645,000 $243,000

GLENS FALLS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 999 originations, totaling $253,345,000 in origination value.