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, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

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.

compiled a list of cities with the most expensive homes in the Glens Falls metro area using data from . Charts show the monthly typical home value since January 2018. All 21 cities and towns with data available were included in the list.

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#21. Stony Creek, NY

- Typical home value: $238,087
- 1-year price change: +9.9%
- 5-year price change: +22.0%

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#20. Hudson Falls, NY

- Typical home value: $239,158
- 1-year price change: +1.9%
- 5-year price change: +28.3%

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#19. Warrensburg, NY

- Typical home value: $250,903
- 1-year price change: +3.6%
- 5-year price change: +28.7%

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#18. Athol, NY

- Typical home value: $255,482
- 1-year price change: +5.4%
- 5-year price change: +29.8%

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#17. Johnsburg, NY

- Typical home value: $267,280
- 1-year price change: +2.5%
- 5-year price change: +26.3%

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#16. Glens Falls, NY

- Typical home value: $271,767
- 1-year price change: +3.9%
- 5-year price change: +28.5%

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#15. Thurman, NY

- Typical home value: $287,510
- 1-year price change: +6.8%
- 5-year price change: +32.6%

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#14. Bakers Mills, NY

- Typical home value: $296,888
- 1-year price change: +7.0%
- 5-year price change: +31.5%

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#13. North Creek, NY

- Typical home value: $309,909
- 1-year price change: +9.1%
- 5-year price change: +39.9%

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#12. Lake Luzerne, NY

- Typical home value: $321,662
- 1-year price change: +4.0%
- 5-year price change: +36.2%

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#11. Pottersville, NY

- Typical home value: $336,468
- 1-year price change: +9.8%
- 5-year price change: +43.3%

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#10. North River, NY

- Typical home value: $363,704
- 1-year price change: +7.8%
- 5-year price change: +38.7%

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#9. Chestertown, NY

- Typical home value: $385,248
- 1-year price change: +7.6%
- 5-year price change: +42.8%

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#8. Queensbury, NY

- Typical home value: $399,259
- 1-year price change: +6.1%
- 5-year price change: +34.9%

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#7. Brant Lake, NY

- Typical home value: $451,567
- 1-year price change: +11.1%
- 5-year price change: +46.6%

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#6. Hague, NY

- Typical home value: $500,921
- 1-year price change: +6.7%
- 5-year price change: +52.5%

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#5. Lake George, NY

- Typical home value: $558,232
- 1-year price change: +6.5%
- 5-year price change: +34.7%

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#4. Adirondack, NY

- Typical home value: $597,886
- 1-year price change: +11.5%
- 5-year price change: +51.7%

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#3. Bolton Landing, NY

- Typical home value: $774,984
- 1-year price change: +5.9%
- 5-year price change: +41.8%

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#2. Diamond Point, NY

- Typical home value: $786,889
- 1-year price change: +11.3%
- 5-year price change: +47.1%

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#1. Silver Bay, NY

- Typical home value: $1,253,252
- 1-year price change: +11.1%
- 5-year price change: +65.0%

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