Market Intelligence Report — NY-020

Glens Falls, NY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NY-08
As of the latest 2026 data
Accelerated

Median Listing

$425K
+11.8% YoY

Pending Ratio

0.71
-6.5% YoY

Active Inventory

426
+9.5% YoY

Median DOM

59 Days
+1.7% YoY

Primary Intelligence Tool — Sold Score™

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The Glens Falls market is currently in an Accelerated condition, characterized by a pending ratio of 0.71, indicating strong demand absorption relative to available inventory. This market dynamic persists despite a year-over-year decline in the pending ratio, reflecting sustained activity.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.4%+0.2 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

124,373-0.6% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Glens Falls market right now.

Active listings have expanded by 9.5% year-over-year, accompanied by a 15.8% increase in new listings over the same period, suggesting a replenishment of supply. Median listing prices have risen 11.8% year-over-year to $424,900, although a recent month-over-month decline of 4.1% is observed. Median days on market remain relatively stable with a 1.7% year-over-year increase, while the share of price reductions saw a marginal year-over-year decrease of 0.1%.

Historical Analysis

Market Trends

Median Price

$425K-4.1% MoM

Active Inventory

426+9.5% YoY

Days on Market

59+1.7% YoY

Sold Score™

74-6.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

74
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio of 0.71 signals that demand continues to absorb available inventory at a rapid pace, placing pressure on the remaining supply. This environment suggests that properties are moving quickly through the market pipeline, often necessitating timely offers. The sustained demand indicates reduced negotiating leverage for those seeking to impose price discipline, favoring swift transactions.

Luxury Segment

The average listing price has grown significantly by 19.6% year-over-year to $808,992, outpacing the 11.8% year-over-year rise in the median listing price. Concurrently, the median price per square foot has seen a 3.2% year-over-year decline to $241. This divergence, with average prices increasing substantially while median price per square foot softens, indicates a potential segment of the market where larger, more expensive properties are being listed, but not necessarily at higher per-square-foot valuations, suggesting some luxury-tier price sensitivity or shifting composition of high-end inventory. No distinct luxury-segment signal in this dataset.

Supply Dynamics

426 active listings represent the current floor, with new supply arriving at roughly 176 per month.

Pricing Pressure
15.1%

of active listings carry a price reduction, -0.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -3.2% year-over-year.

Absorption
0.71

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Glens Falls, NY? Buyer Demand Index is running at 71%.

Demand in Glens Falls, NY is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
71%
Median Days on Market
59 days
Inventory YoY
+10%

Demand is strong in Glens Falls, NY. Check your Sold Score before you price — conditions this favorable don't hold forever.

See how fast my home should sell

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Metro Demographics

Metro Area
Glens Falls, NY
CBSA Code
24020
State
NY

ZIPs in Glens Falls, NY

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Glens Falls?+

    As of the latest 2026 data, the Glens Falls metro is classified as Accelerated. Pending ratio is 0.71 with median days on market at 59.

  • Are home prices dropping in Glens Falls?+

    Median listing price is $425K, +11.8% year over year. 15.1% of active listings carry a price reduction.

  • How fast are homes selling in Glens Falls?+

    The typical listing sits 59 days on market, a +1.7% change YoY. New listings are arriving at 176 per month.

  • What's happening in the Glens Falls luxury market?+

    The average listing price has grown significantly by 19.6% year-over-year to $808,992, outpacing the 11.8% year-over-year rise in the median listing price. Concurrently, the median price per square foot has seen a 3.2% year-over-year decline to $241. This divergence, with average prices increasing substantially while median price per square foot softens, indicates a potential segment of the market where larger, more expensive properties are being listed, but not necessarily at higher per-square-foot valuations, suggesting some luxury-tier price sensitivity or shifting composition of high-end inventory. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Glens Falls real estate expert?+

    Primpted maintains a vetted registry of Glens Falls agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 24020 · 36mo history