Total monthly cost of ownership
Cost to Own a Home in Glens Falls North, New York
A $265,000 home here costs
$2,319per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,362. The real number is $957 higher every month — 70% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Glens Falls North against Warren County and New York
| Measure | Glens Falls North | Warren County |
|---|---|---|
| Median home value | $265,100 | $247,600 |
| Median property tax | $4,090 | $3,789 |
| Effective tax rate | 1.543% | 1.530% |
| Median gross rent | $1,245 | $1,089 |
| Population | 9,148 | 65,560 |
The weather behind that power bill
Glens Falls North sits in Warren County, which averages a high of 81.5°F in its hottest month and a low of 9.7°F in its coldest, with 38.21" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 407 cooling and 7,409 heating degree days, which is what sets the $269 electricity line above.
See the full climate breakdown for Warren County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Warren County
Full Warren County cost breakdown · Every county in New York
Common questions
How much does it cost to own a home in Glens Falls North?
A $265,000 home in Glens Falls North, New York costs approximately $2,319 per month with 20% down at 6.66%. That is $1,362 principal and interest, $341 property tax, $58 homeowners insurance, $337 utilities and $221 set aside for maintenance.
What is the property tax rate in Glens Falls North?
Glens Falls North has an effective property tax rate of 1.543%, based on a median home value of $265,100 and median real estate taxes of $4,090. That is higher than the Warren County average of 1.530%.
What is the average home price in Glens Falls North?
The median owner-occupied home value in Glens Falls North, New York is $265,100, against $247,600 across Warren County.
Is it cheaper to rent or buy in Glens Falls North?
Median gross rent in Glens Falls North is $1,245 a month, against $2,319 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Glens Falls North — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New York.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.