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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



South Glens Falls, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

South Glens Falls, NY Housing Market Trends

With a population of 3,750, 1,683 total housing units (homes and apartments), and a median house value of $278,444, South Glens Falls real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in South Glens Falls, accounting for 50.88% of the village's housing units. Other types of housing that are prevalent in South Glens Falls include duplexes, homes converted to apartments or other small apartment buildings ( 27.88%), large apartment complexes or high rise apartments ( 19.60%), and a few row houses and other attached homes ( 1.64%).

People in South Glens Falls primarily live in small (one, two or no bedroom) single-family detached homes. South Glens Falls has a mixture of owner-occupied and renter-occupied housing.

The housing in South Glens Falls was primarily built before 1939 ( 39.60%), making the housing stock in South Glens Falls some of the oldest overall in America, although there is a range of ages of homes in South Glens Falls. The next most important housing age is between 1940-1969 ( 28.56%), followed by between 2000 and later ( 18.36%). There's also some housing in South Glens Falls built between 1970-1999 ( 13.48%).

South Glens Falls Home Appreciation Rates

South Glens Falls's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in South Glens Falls during the period has been just 5.14%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, South Glens Falls's appreciation rate, at 6.27%, has been at or slightly above the national average. In the latest quarter, South Glens Falls's appreciation rate has been -0.27%, which annualizes to a rate of -1.07%.

Notably, South Glens Falls's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that South Glens Falls's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.

Average Home Values

Median Home Value

$278,444

South Glens Falls, NY Home Prices
> $1,351,000
$1,013,001 - $1,351,000
$676,001 - $1,013,000
$541,001 - $676,000
$405,001 - $541,000
$270,001 - $405,000
$135,001 - $270,000
$68,001 - $135,000
$0 - $68,000
1.7%
1.7%
0.0%
0.0%
0.9%
0.9%
2.9%
2.9%
5.1%
5.1%
35.7%
35.7%
47.2%
47.2%
4.9%
4.9%
1.5%
1.5%
0% 100.0%
% of Homes
Average

for New york

Average

for nation

Number of Homes And Apartments:

1,683

South Glens Falls Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,705 / per month

Homeownership Rate

Owners
Renters
47.7%
47.7%
52.3%
52.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.6%
4.6%
95.4%
95.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
18.4%
18.4%
13.5%
13.5%
28.6%
28.6%
39.6%
39.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
50.9%
50.9%
1.6%
1.6%
27.9%
27.9%
19.6%
19.6%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.4%
2.4%
13.7%
13.7%
36.0%
36.0%
36.3%
36.3%
11.7%
11.7%
0.0%
0.0%
0% 100.0%
% of Homes

Popular Neighborhoods in South Glens Falls

Zip Codes in South Glens Falls, NY