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 6.49% for the week of 2024-12-05, compared to the national average of 6.69% for the same period.

The average rate for the prior week (2024-11-27) was 6.41% and one month ago for the week of 2024-10-31, the average rate was 6.42%.

Glens Falls's average rate one year ago was 6.82%.

For refis of the same type during the week of 2024-12-05, the average rate was 6.99%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-12-05 6.69%
Glens Falls 30 Year Fixed Rate 2024-12-05 6.49%
Glens Falls 30 Year Fixed Rate Refi 2024-12-05 6.99%
Glens Falls 15 Year Fixed Rate 2024-12-05 6.16%
Glens Falls 15 Year Fixed Rate Refi 2024-12-05 6.06%
Glens Falls 30 Year FHA 2024-12-05 6.4%
Glens Falls 30 Year FHA Refi 2024-12-05 6.56%
Glens Falls 30 Year USDA 2024-12-05 6.23%
Glens Falls 30 Year USDA Refi 2024-12-05 6.43%
Glens Falls 30 Year VA 2024-12-05 6.41%
Glens Falls 30 Year VA Refi 2024-12-05 6.14%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
HOMESTEAD FUNDING CORP. 140 6.48% $3,947
Glens Falls National Bank and Trust Company 120 5.56% $3,801
SEFCU SERVICES, LLC 66 5.49% $4,503
QUICKEN LOANS, LLC 53 6.91% $6,916
UNITED WHOLESALE MORTGAGE, LLC 27 6.93% $7,304
TrustCo Bank 26 6.48% $2,671
HUDSON RIVER COMMUNITY 19 6.96% $2,065
Community Bank 18 6.93% $1,460
Saratoga National Bank and Trust Company 15 5.99% $3,489
TD Bank 14 6.94% $2,473
GUARANTEED RATE, INC. 12 6.66% $6,339
Farm Credit East, ACA 11 7.56% $4,820
JPMorgan Chase Bank 11 7.43% $6,421
M&T Bank 9 6.58% $4,701
Evolve Bank & Trust 9 7.15% $5,417
NBT Bank 8 5.94% $4,801
MOVEMENT MORTGAGE, LLC 7 7.05% $4,898
NEWREZ LLC 6 6.79% $9,173
KeyBank 6 6.60% $3,682
Premium Mortgage Corporation 6 7.38% $6,358
Berkshire Bank 5 6.20% $4,358
U.S. Bank 5 6.48% $6,293
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.47% $5,868
LOANDEPOT.COM, LLC 5 7.15% $9,103
SUNMARK FEDERAL CREDIT UNION 5 6.48% $6,881
Citibank 4 5.44% $5,995
Bethpage Federal Credit Union 4 6.97% $5,157
1ST PRIORITY MORTGAGE, INC. 4 6.41% $5,930
USAA Federal Savings Bank 4 7.03% $7,697
PLAZA HOME MORTGAGE, INC. 4 7.13% $7,431
CROSSCOUNTRY MORTGAGE, LLC 3 6.96% $8,044
Bank of America 3 6.96% $5,667
Citizens Bank 3 5.92% $4,217
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 7.46% $8,034
HUNT MORTGAGE CORPORATION 3 7.25% $5,671
NAVY FEDERAL CREDIT UNION 3 6.54% $6,325
Wells Fargo Bank 3 7.08% $6,657
Webster Bank 2 6.00% $21,860
ROYAL UNITED MORTGAGE LLC 2 6.88% $9,520
BETTER MORTGAGE CORPORATION 2 6.50% $17,540
AMERICAN FINANCING CORPORATION 2 6.31% $7,961
Mr. Cooper ( Nationstar Mortgage ) 2 7.24% $11,439
21ST MORTGAGE CORPORATION 2 7.98% $6,236
Morgan Stanley Private Bank 2 6.09% $6,383
EMM LOANS LLC 2 6.81% $6,575
Plains Commerce Bank 2 7.06% $5,945
CONTOUR MORTGAGE CORPORATION 1 6.38% $4,578
Chemung Canal Trust Company 1 4.75% $4,151
NJ LENDERS CORP. 1 6.50% $5,522
OceanFirst Bank 1 7.25% $7,812
OWNERSCHOICE FUNDING, INCORPORATED 1 6.38% $4,772
PENNYMAC LOAN SERVICES, LLC 1 6.50% $7,449
BOND STREET MORTGAGE, LLC 1 7.63% $16,555
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.38% $10,461
Baxter Credit Union 1 6.88% $10,971
Raymond James Bank 1 5.25% $3,739
RELIANCE FIRST CAPITAL, LLC 1 7.99% $11,111
RESIDENTIAL HOME FUNDING CORP. 1 7.00% $8,470
AMERICU Credit Union 1 5.50% $6,246
Shamrock Home Loans, Inc. 1 7.50% $11,020
AMERICAN FINANCIAL NETWORK, INC. 1 6.75% $7,172
TCT 1 5.63% $3,624
Ally Bank 1 7.38% $4,271
Third Federal Savings and Loan Association of Cleveland 1 6.19% $595
AFFINITY 1 5.75% $2,964
A&D Mortgage LLC 1 9.25% $7,887
Univest Bank and Trust Co. 1 7.75% $18,581
Adirondack Bank 1 6.00% $3,867
FREEDOM MORTGAGE CORPORATION 1 7.25% $0
HOME TOWN FUNDING, INC. 1 5.75% $3,686
FM Home Loans, LLC 1 6.50% $6,241
HSBC BANK USA, NATIONAL ASSOCIATION 1 5.48% $4,216
HUDSON VALLEY CREDIT UNION 1 6.13% $3,200
US MORTGAGE CORPORATION 1 6.99% $8,338
First Savings Bank 1 7.50% $5,716
First Citizens Community Bank 1 6.88% $7,726
First-Citizens Bank & Trust Company 1 5.13% $5,316
Discover Bank 1 6.74% $0
NATIONWIDE MORTGAGE BANKERS, INC. 1 8.00% $5,007
NBKC BANK 1 6.13% $7,907

GLENS FALLS Average Closing Costs & Other Stats

GLENS FALLS, NY's 80 lenders originated 1,994 loans during 2023. The total origination value was $462,230,000, with an average loan value of $231,810.

GLENS FALLS's average closing costs are $4,778.

The top GLENS FALLS lender as defined by loan originations is HOMESTEAD FUNDING CORP., with 140 loans originated. Their average total fees are $3,947, which is $146 higher 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 ($1,460), HUDSON RIVER COMMUNITY ($2,065), TD Bank ($2,473), TrustCo Bank ($2,671) and Saratoga National Bank and Trust Company ($3,489).

The lowest rate GLENS FALLS lenders (with over 10 loans originated) are SEFCU SERVICES, LLC (5.49%), Glens Falls National Bank and Trust Company (5.56%), Saratoga National Bank and Trust Company (5.99%), TrustCo Bank (6.48%) and HOMESTEAD FUNDING CORP. (6.48%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Glens Falls National Bank and Trust Company $127,965,000 $124,345,000 -2.8% 26.9%
HOMESTEAD FUNDING CORP. $65,045,000 $53,455,000 -17.8% 11.6%
SEFCU SERVICES, LLC $16,910,000 $21,820,000 29.0% 4.7%
Berkshire Bank $3,130,000 $19,760,000 531.3% 4.3%
QUICKEN LOANS, LLC $39,550,000 $18,770,000 -52.5% 4.1%
TrustCo Bank $25,015,000 $15,680,000 -37.3% 3.4%
UNITED WHOLESALE MORTGAGE, LLC $16,885,000 $15,140,000 -10.3% 3.3%
NBT Bank $23,700,000 $11,070,000 -53.3% 2.4%
The Adirondack Trust Company $68,635,000 $10,760,000 -84.3% 2.3%
TD Bank $14,175,000 $9,935,000 -29.9% 2.1%
Citizens Bank $16,870,000 $9,565,000 -43.3% 2.1%
STATE EMPLOYEES FEDERAL CREDIT UNION $7,375,000 $8,690,000 17.8% 1.9%
HUDSON RIVER COMMUNITY $17,130,000 $6,675,000 -61.0% 1.4%
GUARANTEED RATE, INC. $5,465,000 $6,180,000 13.1% 1.3%
Saratoga National Bank and Trust Company $3,815,000 $5,975,000 56.6% 1.3%
Community Bank $74,005,000 $5,815,000 -92.1% 1.3%
SUNMARK FEDERAL CREDIT UNION $6,005,000 $5,335,000 -11.2% 1.2%
M&T Bank $39,200,000 $4,365,000 -88.9% 0.9%
JPMorgan Chase Bank $8,350,000 $4,305,000 -48.4% 0.9%
Evolve Bank & Trust $6,410,000 $4,185,000 -34.7% 0.9%
Mortgage Research Center, LLC $5,040,000 $4,035,000 -19.9% 0.9%
NEWREZ LLC $2,195,000 $3,900,000 77.7% 0.8%
Farm Credit East, ACA $2,940,000 $3,300,000 12.2% 0.7%
TCT $13,555,000 $3,250,000 -76.0% 0.7%
Citibank $3,775,000 $2,895,000 -23.3% 0.6%
Ballston Spa National Bank $5,320,000 $2,675,000 -49.7% 0.6%
HUNT MORTGAGE CORPORATION $1,430,000 $2,675,000 87.1% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $2,440,000 $2,670,000 9.4% 0.6%
KeyBank $34,490,000 $2,655,000 -92.3% 0.6%
USAA Federal Savings Bank $320,000 $2,515,000 685.9% 0.5%
LOANDEPOT.COM, LLC $4,150,000 $2,500,000 -39.8% 0.5%
Bank of America $9,070,000 $2,355,000 -74.0% 0.5%
NAVY FEDERAL CREDIT UNION $4,225,000 $2,345,000 -44.5% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,720,000 $2,070,000 -63.8% 0.4%
FIRST NEW YORK $1,810,000 $2,005,000 10.8% 0.4%
Webster Bank $2,145,000 $1,990,000 -7.2% 0.4%
A&D Mortgage LLC $750,000 $1,970,000 162.7% 0.4%
Premium Mortgage Corporation $4,435,000 $1,930,000 -56.5% 0.4%
Morgan Stanley Private Bank $2,150,000 $1,830,000 -14.9% 0.4%
Barrington Bank & Trust Company, N.A. $945,000 $1,815,000 92.1% 0.4%
MOVEMENT MORTGAGE, LLC $2,585,000 $1,790,000 -30.8% 0.4%
PLAZA HOME MORTGAGE, INC. $2,820,000 $1,720,000 -39.0% 0.4%
FINANCE OF AMERICA REVERSE LLC $245,000 $1,580,000 544.9% 0.3%
Bethpage Federal Credit Union $435,000 $1,455,000 234.5% 0.3%
NATIONWIDE EQUITIES CORPORATION $1,365,000 n/a 0.3%
U.S. Bank $3,830,000 $1,365,000 -64.4% 0.3%
Pioneer Bank $26,380,000 $1,275,000 -95.2% 0.3%
1ST PRIORITY MORTGAGE, INC. $1,035,000 $1,255,000 21.3% 0.3%
ABSOLUTE HOME MORTGAGE CORPORATION $1,095,000 $1,240,000 13.2% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $3,300,000 $1,145,000 -65.3% 0.2%
Chemung Canal Trust Company $25,605,000 $1,085,000 -95.8% 0.2%
21ST MORTGAGE CORPORATION $790,000 $1,075,000 36.1% 0.2%
The National Bank of Coxsackie $2,225,000 $1,020,000 -54.2% 0.2%
PENNYMAC LOAN SERVICES, LLC $1,000,000 n/a 0.2%
Discover Bank $550,000 $980,000 78.2% 0.2%
Wells Fargo Bank $6,590,000 $980,000 -85.1% 0.2%
ROYAL UNITED MORTGAGE LLC $1,060,000 $970,000 -8.5% 0.2%
Carrington Mortgage Services, LLC $1,235,000 $965,000 -21.9% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $680,000 $960,000 41.2% 0.2%
North American Savings Bank, F.S.B. $765,000 $955,000 24.8% 0.2%
Univest Bank and Trust Co. $915,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $500,000 $910,000 82.0% 0.2%
BETTER MORTGAGE CORPORATION $585,000 $830,000 41.9% 0.2%
Adirondack Bank $770,000 n/a 0.2%
FREEDOM MORTGAGE CORPORATION $2,210,000 $745,000 -66.3% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,055,000 $725,000 -31.3% 0.2%
Plains Commerce Bank $690,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $620,000 $660,000 6.5% 0.1%
First National Bank of Scotia $645,000 n/a 0.1%
Flagstar Bank, FSB $3,980,000 $600,000 -84.9% 0.1%
TRIAD FINANCIAL SERVICES, INC. $510,000 $595,000 16.7% 0.1%
CLIFFCO, INC. $645,000 $540,000 -16.3% 0.1%
LIMA ONE CAPITAL, LLC $515,000 n/a 0.1%
US MORTGAGE CORPORATION $725,000 $485,000 -33.1% 0.1%
NJ LENDERS CORP. $445,000 n/a 0.1%
FM Home Loans, LLC $415,000 $435,000 4.8% 0.1%
Shamrock Home Loans, Inc. $425,000 n/a 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $895,000 $420,000 -53.1% 0.1%
RESIDENTIAL HOME FUNDING CORP. $420,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $410,000 n/a 0.1%
CONTOUR MORTGAGE CORPORATION $835,000 $410,000 -50.9% 0.1%
The Federal Savings Bank $1,130,000 $410,000 -63.7% 0.1%
EMM LOANS LLC $255,000 $400,000 56.9% 0.1%
BOND STREET MORTGAGE, LLC $375,000 n/a 0.1%
PLANET HOME LENDING, LLC $105,000 $375,000 257.1% 0.1%
School Systems FCU $375,000 n/a 0.1%
Empower Federal Credit Union $360,000 $370,000 2.8% 0.1%
COMMUNITY RESOURCE FEDERAL CREDIT UNION $340,000 n/a 0.1%
Baxter Credit Union $145,000 $335,000 131.0% 0.1%
HSBC BANK USA, NATIONAL ASSOCIATION $335,000 n/a 0.1%
Bank of England $45,000 $330,000 633.3% 0.1%
AMERICU Credit Union $350,000 $305,000 -12.9% 0.1%
DIGITAL Federal Credit Union $305,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $2,675,000 $295,000 -89.0% 0.1%
LENDINGHOME FUNDING CORPORATION $285,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $430,000 $280,000 -34.9% 0.1%
AMERICAN HERITAGE LENDING, INC. $115,000 $275,000 139.1% 0.1%
OWNERSCHOICE FUNDING, INCORPORATED $275,000 n/a 0.1%
Third Federal Savings and Loan Association of Cleveland $265,000 n/a 0.1%
ALLIED MORTGAGE GROUP, INC. $245,000 n/a 0.1%
HUDSON VALLEY CREDIT UNION $65,000 $245,000 276.9% 0.1%
The Upstate National Bank $255,000 $245,000 -3.9% 0.1%
AMWEST FUNDING CORP. $235,000 n/a 0.1%
OceanFirst Bank $265,000 $235,000 -11.3% 0.1%
THE MONEY SOURCE INC. $235,000 n/a 0.1%
Raymond James Bank $225,000 n/a 0.0%
CARDINAL FINANCIAL $395,000 $215,000 -45.6% 0.0%
First Citizens Community Bank $215,000 n/a 0.0%
Ally Bank $530,000 $205,000 -61.3% 0.0%
NBKC BANK $2,135,000 $195,000 -90.9% 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $225,000 $195,000 -13.3% 0.0%
DEEPHAVEN MORTGAGE LLC $185,000 n/a 0.0%
First Savings Bank $480,000 $175,000 -63.5% 0.0%
Rondout Savings Bank $225,000 $165,000 -26.7% 0.0%
AFFINITY $105,000 $155,000 47.6% 0.0%
NORTHERN CREDIT UNION $155,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $155,000 n/a 0.0%
TOTAL MORTGAGE SERVICES, LLC $255,000 $155,000 -39.2% 0.0%
UTILITIES EMPLOYEES CREDIT UNION $155,000 n/a 0.0%
Fifth Third Bank $145,000 n/a 0.0%
HOME TOWN FUNDING, INC. $145,000 n/a 0.0%
Salisbury Bank and Trust Company $145,000 n/a 0.0%
PNC Bank $485,000 $140,000 -71.1% 0.0%
Hometown Equity Mortgage, LLC $135,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $145,000 $125,000 -13.8% 0.0%
Truist $115,000 n/a 0.0%
Centier Bank $95,000 n/a 0.0%
First-Citizens Bank & Trust Company $85,000 n/a 0.0%
Connexus Credit Union $65,000 n/a 0.0%
TEACHERS $610,000 $65,000 -89.3% 0.0%
Signature Federal Credit Union $45,000 n/a 0.0%
TRADEMARK $45,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $40,000 n/a 0.0%

GLENS FALLS's top lender by overall market share is Glens Falls National Bank and Trust Company, with 26.9% market share. In second place, with 11.6%, is HOMESTEAD FUNDING CORP., having originated $53,455,000 in loans. In third place, with 4.7%, is SEFCU SERVICES, LLC, having originated $21,820,000 in loans. In fourth place, with 4.3%, is Berkshire Bank, having originated $19,760,000 in loans. In fifth place, with 4.1%, is QUICKEN LOANS, LLC, having originated $18,770,000 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%) $406,313 (11.1%) 0.00 987
2018-02-01 $234,200 (17.4%) $417,478 (11.7%) 0.00 975
2018-03-01 $234,900 (11.4%) $415,878 (10.0%) 0.00 960
2018-04-01 $239,450 (8.9%) $423,031 (9.7%) 0.00 980
2018-05-01 $246,700 (7.3%) $422,541 (5.6%) 0.00 1,060
2018-06-01 $249,000 (7.6%) $420,023 (1.4%) 0.00 1,147
2018-07-01 $248,475 (8.1%) $420,452 (-0.1%) 0.00 1,129
2018-08-01 $249,925 (8.7%) $424,436 (1.0%) 0.00 1,144
2018-09-01 $249,900 (9.1%) $420,483 (2.3%) 0.00 1,131
2018-10-01 $249,300 (8.7%) $419,158 (2.9%) 0.00 1,080
2018-11-01 $241,825 (5.2%) $399,486 (-3.0%) 0.00 996
2018-12-01 $234,950 (2.2%) $397,818 (-3.1%) 0.00 938
2019-01-01 $235,000 (2.6%) $405,155 (-0.3%) 0.00 860
2019-02-01 $239,000 (2.1%) $411,129 (-1.5%) 0.00 812
2019-03-01 $243,671 (3.7%) $428,517 (3.0%) 0.00 841
2019-04-01 $249,450 (4.2%) $453,835 (7.3%) 0.00 894
2019-05-01 $252,450 (2.3%) $442,236 (4.7%) 0.00 884
2019-06-01 $259,900 (4.4%) $457,560 (8.9%) 0.00 987
2019-07-01 $259,447 (4.4%) $443,689 (5.5%) 0.00 1,032
2019-08-01 $259,245 (3.7%) $445,866 (5.1%) 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 (6.5%) $453,808 (13.6%) 0.00 889
2019-12-01 $249,900 (6.4%) $432,070 (8.6%) 0.00 820
2020-01-01 $249,900 (6.3%) $419,152 (3.5%) 0.00 746
2020-02-01 $247,950 (3.7%) $427,479 (4.0%) 0.00 707
2020-03-01 $249,900 (2.6%) $432,151 (0.9%) 0.00 693
2020-04-01 $249,600 (0.1%) $450,413 (-0.8%) 0.00 661
2020-05-01 $270,900 (7.3%) $482,256 (9.1%) 0.00 651
2020-06-01 $274,900 (5.8%) $490,255 (7.2%) 0.00 643
2020-07-01 $276,950 (6.8%) $495,966 (11.8%) 0.00 605
2020-08-01 $269,450 (3.9%) $481,511 (8.0%) 0.00 564
2020-09-01 $275,000 (5.9%) $486,254 (7.8%) 0.00 541
2020-10-01 $279,900 (9.8%) $494,126 (9.8%) 0.00 518
2020-11-01 $279,625 (8.6%) $528,361 (16.4%) 0.00 464
2020-12-01 $280,000 (12.0%) $556,209 (28.7%) 0.00 415
2021-01-01 $289,900 (16.0%) $571,168 (36.3%) 0.00 355
2021-02-01 $283,750 (14.4%) $593,764 (38.9%) 0.00 309
2021-03-01 $299,250 (19.8%) $607,954 (40.7%) 0.00 285
2021-04-01 $297,225 (19.1%) $629,185 (39.7%) 0.00 259
2021-05-01 $275,000 (1.5%) $584,969 (21.3%) 0.00 280
2021-06-01 $298,000 (8.4%) $615,367 (25.5%) 0.00 285
2021-07-01 $299,000 (8.0%) $545,946 (10.1%) 0.00 327
2021-08-01 $299,900 (11.3%) $549,634 (14.2%) 0.00 312
2021-09-01 $289,000 (5.1%) $524,574 (7.9%) 0.00 315
2021-10-01 $275,000 (-1.8%) $512,321 (3.7%) 0.00 310
2021-11-01 $275,000 (-1.7%) $495,920 (-6.1%) 0.00 285
2021-12-01 $269,200 (-3.9%) $489,109 (-12.1%) 0.00 239
2022-01-01 $259,000 (-10.7%) $508,738 (-10.9%) 0.00 211
2022-02-01 $264,500 (-6.8%) $541,679 (-8.8%) 0.00 205
2022-03-01 $295,000 (-1.4%) $559,162 (-8.0%) 0.00 186
2022-04-01 $299,450 (0.8%) $539,240 (-14.3%) 0.00 201
2022-05-01 $298,000 (8.4%) $551,723 (-5.7%) 0.00 257
2022-06-01 $294,450 (-1.2%) $537,852 (-12.6%) 0.00 293
2022-07-01 $295,000 (-1.3%) $506,465 (-7.2%) 0.00 355
2022-08-01 $299,675 (-0.1%) $547,939 (-0.3%) 0.00 354
2022-09-01 $299,900 (3.8%) $578,256 (10.2%) 0.00 353
2022-10-01 $299,900 (9.1%) $613,149 (19.7%) 0.00 347
2022-11-01 $299,900 (9.1%) $654,793 (32.0%) 0.00 338
2022-12-01 $299,900 (11.4%) $633,962 (29.6%) 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 $382,000 (13.8%) $722,450 (-4.1%) 0.00 260
2024-06-01 $349,000 (11.0%) $695,022 (-2.3%) 0.00 296
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
GLENS FALLS's median listing price for 2024-11-01 was $349,950, a difference of $500 (0.1%) versus the prior year and $-9,975 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 2024-11-01 was $658,477, a difference of $28,476 (4.5%) versus the prior year and $-12,465 versus the prior month.

For the 2024-11-01 period, GLENS FALLS had 358 MLS listings, a difference of -39 listings (-10%) versus the prior month and 86 listings (32%) 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 1,762 sqft
2018-02-01 0 days 1,742 sqft
2018-03-01 0 days 1,749 sqft
2018-04-01 0 days 1,767 sqft
2018-05-01 0 days 1,776 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 1,792 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 1,768 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 1,715 sqft
2020-03-01 0 days 1,700 sqft
2020-04-01 0 days 1,736 sqft
2020-05-01 0 days 1,760 sqft
2020-06-01 0 days 1,758 sqft
2020-07-01 0 days 1,769 sqft
2020-08-01 0 days 1,755 sqft
2020-09-01 0 days 1,768 sqft
2020-10-01 0 days 1,800 sqft
2020-11-01 0 days 1,847 sqft
2020-12-01 0 days 1,843 sqft
2021-01-01 0 days 1,888 sqft
2021-02-01 0 days 1,829 sqft
2021-03-01 0 days 1,831 sqft
2021-04-01 0 days 1,889 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 1,748 sqft
2021-09-01 0 days 1,671 sqft
2021-10-01 0 days 1,728 sqft
2021-11-01 0 days 1,728 sqft
2021-12-01 0 days 1,755 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 1,671 sqft
2024-03-01 0 days 1,639 sqft
2024-04-01 0 days 1,690 sqft
2024-05-01 0 days 1,749 sqft
2024-06-01 0 days 1,650 sqft
2024-07-01 0 days 1,719 sqft
2024-08-01 0 days 1,739 sqft
2024-09-01 0 days 1,729 sqft
2024-10-01 0 days 1,698 sqft
2024-11-01 0 days 1,666 sqft
GLENS FALLS's median listing age (time on market) for 2024-11-01 was 0 days.

GLENS FALLS's median square footage for active listings during the 2024-11-01 period was 1,666 sqft. One year prior, the average listing was 1,658 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 MSA $920 $1,040 $1,280 $1,600 $1,710
12057 Glens Falls, NY MSA $810 $900 $1,090 $1,350 $1,480
12090 Glens Falls, NY MSA $870 $970 $1,180 $1,440 $1,590
12094 Glens Falls, NY MSA $870 $980 $1,200 $1,480 $1,610
12154 Glens Falls, NY MSA $870 $970 $1,190 $1,460 $1,590
12185 Glens Falls, NY MSA $860 $960 $1,180 $1,440 $1,580
12801 Glens Falls, NY MSA $810 $910 $1,140 $1,480 $1,530
12803 Glens Falls, NY MSA $880 $990 $1,200 $1,460 $1,610
12804 Glens Falls, NY MSA $940 $1,070 $1,330 $1,730 $1,790
12808 Glens Falls, NY MSA $750 $860 $1,070 $1,380 $1,430
12809 Glens Falls, NY MSA $710 $810 $1,010 $1,310 $1,360
12810 Glens Falls, NY MSA $790 $900 $1,120 $1,450 $1,500
12811 Glens Falls, NY MSA $780 $890 $1,110 $1,440 $1,490
12814 Glens Falls, NY MSA $760 $860 $1,080 $1,400 $1,450
12815 Glens Falls, NY MSA $720 $820 $1,020 $1,320 $1,370
12816 Glens Falls, NY MSA $720 $820 $1,020 $1,320 $1,370
12817 Glens Falls, NY MSA $650 $770 $960 $1,250 $1,300
12819 Glens Falls, NY MSA $930 $1,050 $1,310 $1,700 $1,760
12820 Glens Falls, NY MSA $820 $930 $1,160 $1,500 $1,560
12821 Glens Falls, NY MSA $740 $840 $1,050 $1,350 $1,400
12823 Glens Falls, NY MSA $770 $870 $1,090 $1,410 $1,460
12824 Glens Falls, NY MSA $780 $880 $1,100 $1,430 $1,480
12827 Glens Falls, NY MSA $740 $840 $1,050 $1,360 $1,410
12828 Glens Falls, NY MSA $810 $910 $1,130 $1,420 $1,520
12832 Glens Falls, NY MSA $650 $770 $960 $1,250 $1,300
12834 Glens Falls, NY MSA $810 $910 $1,140 $1,480 $1,530
12835 Glens Falls, NY MSA $810 $900 $1,090 $1,350 $1,480
12836 Glens Falls, NY MSA $770 $870 $1,090 $1,410 $1,460
12837 Glens Falls, NY MSA $790 $900 $1,120 $1,450 $1,500
12838 Glens Falls, NY MSA $810 $920 $1,150 $1,490 $1,540
12839 Glens Falls, NY MSA $790 $900 $1,120 $1,450 $1,500
12841 Glens Falls, NY MSA $860 $970 $1,210 $1,570 $1,620
12843 Glens Falls, NY MSA $770 $880 $1,100 $1,420 $1,470
12844 Glens Falls, NY MSA $770 $880 $1,090 $1,420 $1,470
12845 Glens Falls, NY MSA $860 $980 $1,220 $1,580 $1,640
12846 Glens Falls, NY MSA $910 $1,030 $1,290 $1,670 $1,730
12848 Glens Falls, NY MSA $760 $860 $1,070 $1,390 $1,440
12849 Glens Falls, NY MSA $650 $770 $960 $1,250 $1,300
12853 Glens Falls, NY MSA $780 $890 $1,110 $1,440 $1,490
12854 Glens Falls, NY MSA $760 $860 $1,070 $1,390 $1,440
12856 Glens Falls, NY MSA $820 $930 $1,160 $1,500 $1,560
12857 Glens Falls, NY MSA $800 $900 $1,130 $1,470 $1,520
12860 Glens Falls, NY MSA $740 $840 $1,050 $1,360 $1,410
12861 Glens Falls, NY MSA $750 $850 $1,060 $1,370 $1,420
12862 Glens Falls, NY MSA $820 $930 $1,160 $1,500 $1,560
12865 Glens Falls, NY MSA $780 $880 $1,100 $1,430 $1,480
12870 Glens Falls, NY MSA $780 $890 $1,110 $1,440 $1,490
12873 Glens Falls, NY MSA $750 $850 $1,060 $1,370 $1,420
12874 Glens Falls, NY MSA $770 $870 $1,090 $1,410 $1,460
12878 Glens Falls, NY MSA $650 $770 $960 $1,250 $1,300
12883 Glens Falls, NY MSA $760 $860 $1,070 $1,390 $1,440
12885 Glens Falls, NY MSA $760 $860 $1,070 $1,390 $1,440
12886 Glens Falls, NY MSA $780 $880 $1,100 $1,430 $1,480
12887 Glens Falls, NY MSA $750 $850 $1,060 $1,370 $1,420

2022 Average & Median Rent Data Statistics
GLENS FALLS, NY average 1BR rent: $894, median: $885
GLENS FALLS, NY average 2BR rent: $1,112, median: $1,100
GLENS FALLS, NY average 3BR rent: $1,429, median: $1,425

GLENS FALLS, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,062 $337,310,000 $317,618
Home Improvement 301 $27,195,000 $90,349
Cash Out Refi 244 $41,600,000 $170,492
Other 219 $24,955,000 $113,950
Refi 167 $30,865,000 $184,820
NA 1 $305,000 $305,000

Glens Falls's most frequently cited loan purpose was Home Purchase, with 1,062 originations. The 2nd most popular reason was Home Improvement, with 301 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 642 $130,500,000 $203,271
7-8% 379 $121,485,000 $320,541
5-6% 336 $91,600,000 $272,619
Over 8% 229 $43,325,000 $189,192
3-4% 147 $18,085,000 $123,027
4-5% 116 $32,290,000 $278,362
<2.5% 20 $3,500,000 $175,000
2.5-3% 10 $1,010,000 $101,000

During 2023, Glens Falls's most frequently originated rate bucket was 6-7%, with 642 originations.

Loan Sizing (GLENS FALLS, NY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 665 $99,765,000 $150,023
$200k-400k 600 $159,910,000 $266,517
$100,000 or less 568 $31,070,000 $54,701
$400k-600k 102 $48,430,000 $474,804
$600k-1000k 40 $29,440,000 $736,000
$Over $1MM 19 $93,615,000 $4,927,105

GLENS FALLS's loan sizing saw the bucket of loans from $100k-200k with 665 originations, totaling $99,765,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 717 $176,225,000 $245,781
60-80% 355 $163,715,000 $461,169
20-40% 293 $35,565,000 $121,382
Under 20% 273 $14,435,000 $52,875
40-60% 212 $44,740,000 $211,038
Over 100% 23 $6,585,000 $286,304

GLENS FALLS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 717 originations, totaling $176,225,000 in origination value.