Cities with the most expensive homes in the Glens Falls metro area
Cities with the most expensive homes in the Glens Falls metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights affordability plays a huge role for buyers.
The typical home value in the United States was a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Glens Falls metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
#21. Hudson Falls, NY
- Typical home value: $212,746
- 1-year price change: +4.4%
- 5-year price change: +44.1%
#20. Warrensburg, NY
- Typical home value: $218,430
- 1-year price change: +2.4%
- 5-year price change: +45.9%
#19. Stony Creek, NY
- Typical home value: $225,821
- 1-year price change: -5.7%
- 5-year price change: +34.8%
#18. Glens Falls, NY
- Typical home value: $232,090
- 1-year price change: +3.2%
- 5-year price change: +45.7%
#17. Athol, NY
- Typical home value: $232,900
- 1-year price change: -0.3%
- 5-year price change: +45.4%
#16. Thurman, NY
- Typical home value: $258,938
- 1-year price change: -0.4%
- 5-year price change: +47.0%
#15. North Creek, NY
- Typical home value: $263,340
- 1-year price change: +8.3%
- 5-year price change: +58.0%
#14. Johnsburg, NY
- Typical home value: $273,837
- 1-year price change: +3.7%
- 5-year price change: +52.7%
#13. Bakers Mills, NY
- Typical home value: $284,113
- 1-year price change: +3.8%
- 5-year price change: +58.2%
#12. Lake Luzerne, NY
- Typical home value: $299,440
- 1-year price change: +3.8%
- 5-year price change: +57.1%
#11. Pottersville, NY
- Typical home value: $300,239
- 1-year price change: +5.4%
- 5-year price change: +54.3%
#10. Queensbury, NY
- Typical home value: $342,223
- 1-year price change: +4.6%
- 5-year price change: +46.6%
#9. North River, NY
- Typical home value: $344,943
- 1-year price change: +3.9%
- 5-year price change: +54.2%
#8. Chestertown, NY
- Typical home value: $359,856
- 1-year price change: +5.1%
- 5-year price change: +47.5%
#7. Brant Lake, NY
- Typical home value: $403,353
- 1-year price change: +7.7%
- 5-year price change: +50.1%
#6. Hague, NY
- Typical home value: $432,902
- 1-year price change: +7.8%
- 5-year price change: +60.9%
#5. Lake George, NY
- Typical home value: $506,751
- 1-year price change: +7.9%
- 5-year price change: +61.9%
#4. Adirondack, NY
- Typical home value: $587,978
- 1-year price change: +10.5%
- 5-year price change: +65.8%
#3. Diamond Point, NY
- Typical home value: $668,200
- 1-year price change: +5.4%
- 5-year price change: +63.0%
#2. Bolton Landing, NY
- Typical home value: $673,054
- 1-year price change: +7.1%
- 5-year price change: +72.1%
#1. Silver Bay, NY
- Typical home value: $1,122,040
- 1-year price change: +13.3%
- 5-year price change: +73.2%
This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.
