GLENS FALLS Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Glens Falls averaged 6.61% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

    The average rate for the prior week (2023-09-14) was 6.5% and one month ago for the week of 2023-08-17, the average rate was 6.61%.

    Glens Falls's average rate one year ago was 5.54%.

    For refis of the same type during the week of 2023-09-21, the average rate was 6.65%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-09-21 7.19%
    Glens Falls 30 Year Fixed Rate 2023-09-21 6.61%
    Glens Falls 30 Year Fixed Rate Refi 2023-09-21 6.65%
    Glens Falls 15 Year Fixed Rate 2023-09-21 6.74%
    Glens Falls 15 Year Fixed Rate Refi 2023-09-21 5.09%
    Glens Falls 30 Year FHA 2023-09-21 6.72%
    Glens Falls 30 Year FHA Refi 2023-09-21 6.94%
    Glens Falls 30 Year USDA 2023-09-21 7.22%
    Glens Falls 30 Year USDA Refi 2023-09-21 7.02%
    Glens Falls 30 Year VA 2023-09-21 7.02%
    Glens Falls 30 Year VA Refi 2023-09-21 7.02%
    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%) $420,474 (3.7%) 0.00 743
    2020-02-01 $247,950 (3.7%) $428,289 (4.1%) 0.00 705
    2020-03-01 $249,250 (2.3%) $433,809 (1.2%) 0.00 687
    2020-04-01 $249,450 (0.0%) $451,891 (-0.4%) 0.00 657
    2020-05-01 $269,900 (6.9%) $483,109 (9.3%) 0.00 647
    2020-06-01 $270,000 (3.9%) $491,279 (7.2%) 0.00 639
    2020-07-01 $274,850 (6.0%) $496,632 (11.8%) 0.00 601
    2020-08-01 $265,000 (2.2%) $481,324 (7.8%) 0.00 561
    2020-09-01 $272,400 (4.9%) $488,107 (8.0%) 0.00 536
    2020-10-01 $278,900 (9.4%) $497,489 (10.3%) 0.00 508
    2020-11-01 $277,250 (7.9%) $533,242 (17.2%) 0.00 452
    2020-12-01 $279,000 (11.6%) $562,232 (29.8%) 0.00 405
    2021-01-01 $279,450 (11.8%) $576,498 (37.1%) 0.00 344
    2021-02-01 $269,225 (8.6%) $602,440 (40.7%) 0.00 297
    2021-03-01 $292,425 (17.3%) $621,905 (43.4%) 0.00 270
    2021-04-01 $283,700 (13.7%) $640,329 (41.7%) 0.00 248
    2021-05-01 $274,700 (1.8%) $594,918 (23.1%) 0.00 274
    2021-06-01 $289,175 (7.1%) $626,647 (27.6%) 0.00 280
    2021-07-01 $282,000 (2.6%) $561,392 (13.0%) 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 (3.5%) 0.00 313
    2021-11-01 $275,000 (-0.8%) $499,626 (-6.3%) 0.00 289
    2021-12-01 $268,750 (-3.7%) $492,800 (-12.4%) 0.00 243
    2022-01-01 $259,000 (-7.3%) $508,051 (-11.9%) 0.00 212
    2022-02-01 $267,000 (-0.8%) $541,024 (-10.2%) 0.00 205
    2022-03-01 $295,000 (0.9%) $560,455 (-9.9%) 0.00 187
    2022-04-01 $299,900 (5.7%) $539,240 (-15.8%) 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%) $507,030 (-9.7%) 0.00 355
    2022-08-01 $299,450 (0.0%) $547,286 (-2.4%) 0.00 355
    2022-09-01 $299,900 (3.8%) $576,478 (9.1%) 0.00 354
    2022-10-01 $299,900 (9.1%) $613,149 (19.1%) 0.00 347
    2022-11-01 $299,900 (9.1%) $654,294 (31.0%) 0.00 338
    2022-12-01 $299,900 (11.6%) $633,322 (28.5%) 0.00 310
    2023-01-01 $292,225 (12.8%) $670,025 (31.9%) 0.00 257
    2023-02-01 $302,500 (13.3%) $678,604 (25.4%) 0.00 231
    2023-03-01 $302,750 (2.6%) $690,229 (23.2%) 0.00 201
    2023-04-01 $299,950 (0.0%) $725,328 (34.5%) 0.00 180
    2023-05-01 $335,725 (12.7%) $753,538 (35.8%) 0.00 186
    2023-06-01 $313,700 (5.8%) $707,713 (30.3%) 0.00 228
    2023-07-01 $336,900 (12.7%) $726,081 (43.2%) 0.00 238
    2023-08-01 $349,900 (16.9%) $627,192 (14.6%) 0.00 269
    GLENS FALLS's median listing price for 2023-08-01 was $349,900, a difference of $50,450 (16.9%) versus the prior year and $13,000 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 2023-08-01 was $627,192, a difference of $79,906 (14.6%) versus the prior year and $-98,889 versus the prior month.

    For the 2023-08-01 period, GLENS FALLS had 269 MLS listings, a difference of 31 listings (13%) versus the prior month and -86 listings (-24%) 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 1,741 sqft
    2018-03-01 0 days 1,753 sqft
    2018-04-01 0 days 1,768 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 1,768 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 1,716 sqft
    2020-03-01 0 days 1,696 sqft
    2020-04-01 0 days 1,731 sqft
    2020-05-01 0 days 1,758 sqft
    2020-06-01 0 days 1,755 sqft
    2020-07-01 0 days 1,763 sqft
    2020-08-01 0 days 1,752 sqft
    2020-09-01 0 days 1,759 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 1,874 sqft
    2021-02-01 0 days 1,812 sqft
    2021-03-01 0 days 1,823 sqft
    2021-04-01 0 days 1,889 sqft
    2021-05-01 0 days 1,800 sqft
    2021-06-01 0 days 1,827 sqft
    2021-07-01 0 days 1,761 sqft
    2021-08-01 0 days 1,752 sqft
    2021-09-01 0 days 1,681 sqft
    2021-10-01 0 days 1,736 sqft
    2021-11-01 0 days 1,728 sqft
    2021-12-01 0 days 1,756 sqft
    2022-01-01 0 days 1,880 sqft
    2022-02-01 0 days 1,722 sqft
    2022-03-01 0 days 1,743 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 1,591 sqft
    2022-09-01 0 days 1,622 sqft
    2022-10-01 0 days 1,638 sqft
    2022-11-01 0 days 1,643 sqft
    2022-12-01 0 days 1,668 sqft
    2023-01-01 0 days 1,640 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
    GLENS FALLS's median listing age (time on market) for 2023-08-01 was 0 days.

    GLENS FALLS's median square footage for active listings during the 2023-08-01 period was 1,674 sqft. One year prior, the average listing was 1,591 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.