Commercial Real Estate Market in Glens Falls, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
172 active listings and 1,875 off-market properties in Glens Falls, NY. Commercial property asks $131/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Glens Falls, NY spans 64.5 square miles in Warren County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Glens Falls, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Warren County, retail space asks $109/SF to buy. Retail vacancy in Glens Falls, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Glens Falls, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Warren County, multifamily space asks $162/SF to buy. Multifamily vacancy in Glens Falls, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Demographics & Economy
Glens Falls, NY has 51,630 residents in 24,393 households. Density runs 800 people per square mile. Median household income here is $82,711 and median gross rent $1,161 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Glens Falls?
How much does it cost to lease commercial space in Glens Falls?
Where does Realmo's Glens Falls market data come from?
Methodology & data sources
- Asking prices and medians
- There are 91 active for-sale and 81 active for-lease listings in Glens Falls, NY. The medians are based on 60 of the for-sale and 46 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
