Glens Falls, NY Housing Market

Cool Market

Metro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Glens Falls, NY metro area.

Data period: May 2026

Market snapshot

Median sale price
$341K
Median days on market
42 days
Months of supply
4.5
Active inventory
354
Homes sold
78
Sale-to-list ratio
99.3%
Listings with price drop
23.2%
Data month
May 2026

Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.

Rental Investor Snapshot

Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.

Market temperature
Balanced
Buyer leverage
Medium
Pricing signal vs. U.S. median
Easier buy-in vs. U.S. median (price only)
Investor fit (heuristic)
Buy-in vs. U.S. · Negotiation · BRRRR

Watch-outs

  • Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.

Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.

Cool Market

Buyer activity is slowing, creating more negotiating room.

Glens Falls, NY market summary

The Glens Falls, NY metro area housing market is cooling down. As of May 2026, the median home sale price is $341K, up 24.8% year-over-year. Homes are spending a median of 42 days on the market, 50.0% longer than a year ago.

There are 354 homes for sale — 9.5% fewer than last year. With 4.5 months of supply, this is a balanced market. 214 new listings were added during this period, down 1.8% year-over-year.

Homes are selling for 99.3% of their list price on average, suggesting room for negotiation. 38.5% of homes sell above their asking price. 23.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

67

Contributing Factors

Months of Supply 4.5
Days on Market 42
Price Drops 23.2%
Sale-to-List Ratio 99.3%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $450K) 24.3%
Days on Market (National: 42) 0.0%
Inventory (National: 1,460,440) 100.0%

vs. New York Median

Median Price (New York: $621K) 45.1%
Days on Market (New York: 42) 0.0%

Investor takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 24% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.

Glens Falls, NY market trends

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Detailed market metrics

Median list price

$350K

Price per sq ft

$208

Sale-to-list ratio

99.3%

Months of supply

4.5

Sold above list

38.5%

Price drops

23.2%

New listings

214

1.8% YoY

Pending sales

155

Off market in 2 weeks

61.9%

Glens Falls, NY housing market FAQs

What is the median home price in Glens Falls, NY?

For the latest published month, the median sale price in Glens Falls, NY is $341K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.

Is Glens Falls, NY a buyer's or seller's market?

With about 4.5 months of supply, the market is often closer to balanced — neither extreme scarcity nor extreme surplus.

How long do homes stay on the market in Glens Falls, NY?

For the latest published month, the median days on market in Glens Falls, NY is 42 days — half of homes went pending faster and half slower.

Is Glens Falls, NY good for rental property investors?

Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Glens Falls, NY can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.

How should investors analyze a rental property in Glens Falls, NY?

Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Glens Falls, NY deals.

National context

Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.

Underwrite a Glens Falls, NY deal with real numbers

Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.