The story of this market
The typical home in ZIP 12801 sells for about $266,000, or $199 per square foot.
Prices are up +5.8% from a year ago, so sellers still have some momentum. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,077 a month.
ZIP 12801 — Glens Falls
The Glens Falls housing market remains competitive with low inventory and steady price appreciation. While demand is strong, the market is tempered by affordability constraints and a high share of renters, making it a challenging environment for first-time buyers.
This ZIP is well-suited for families and commuters seeking a balance between small-city living and access to Adirondack recreation, though investors should be wary of regulatory overhead.
Median prices moved up 5.8% year over year.
Homes spend a median of 21 days on market with 0.9 months of supply — a fast-moving market.
6% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 11.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 12801, Warren County NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Glens Falls City School District, which generally maintains a stable reputation within the region.
The region faces standard seasonal weather risks; flood and wildfire risks are generally considered low to moderate for this urbanized ZIP.
Economic momentum is driven by local healthcare, tourism, and small-scale commercial development in the downtown Glens Falls corridor.
Property taxes are levied by Warren County, the City of Glens Falls, and the local school district; rates are subject to annual budget adjustments and state-mandated tax caps.
Residents primarily rely on personal vehicles for commuting, with easy access to I-87 for travel toward Saratoga Springs and Albany.
The area features proximity to Crandall Park, the Feeder Canal Trail, and various local dining and shopping districts in downtown Glens Falls.
The rental market is characterized by high demand and limited supply, with investors active in the multi-family segment despite strict state-level tenant protections.
The economy is anchored by healthcare services, regional government, and tourism-related industries serving the nearby Adirondack Park.
The area is served by local bus transit and is positioned near the I-87 corridor, facilitating regional connectivity.
Ongoing urban renewal projects focus on enhancing walkability and commercial density in the downtown core.
The Warren County Real Property Tax Services oversees assessment standards, with local municipalities handling individual parcel valuations.
Parcels are subject to school district taxes, county taxes, and city-specific municipal levies.
Property insurance premiums are influenced by regional weather patterns and the age of the housing stock.
New York is a judicial foreclosure state, requiring court intervention for the foreclosure process.
New York requires sellers to provide a property condition disclosure statement or pay a credit to the buyer.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major community park featuring sports fields, walking paths, and a pond.
A historic recreational trail popular for walking and cycling.
The central business district offering a variety of local restaurants and retail shops.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.