Commercial Real Estate Market in South Glens Falls, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
200 active listings and 1,875 off-market properties in South Glens Falls, NY. Commercial property asks $4/SF to buy and $11.44/SF/Yr to lease.
Market Trends
South Glens Falls, NY spans 6.1 square miles in Warren County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in South Glens Falls, NY asks $123/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in South Glens Falls, NY asks $131/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in South 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%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in South Glens Falls, NY asks $117/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
South Glens Falls, NY has 8,990 residents in 3,819 households. Density runs 1,483 people per square mile. Median household income here is $80,913 and median gross rent $1,194 a month.
8,990
Population
3,819
Households
2.4
Avg Household Size
43
Median Age
29%
College-Educated
92%
High-School Grad
6.1 sq mi
ZIP Area
1,483
Density / Sq Mi
$80,913
Median Household Income
$42,782
Median Earnings
$1,194
Median Rent
$222,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glens Falls | — | $11.44 |
| Fortsville | — | $16.25 |
Commercial property in South Glens Falls, NY asks $4/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in South Glens Falls?
Commercial property in South Glens Falls, NY asks an average of $4 per square foot. The 5 most recent recorded sales traded at a median of $155/SF. Retail carries the highest asking price at $131/SF.
How much does it cost to lease commercial space in South Glens Falls?
Asking lease rates in South Glens Falls, NY average $11.44 per square foot per year.
Where does Realmo's South Glens Falls market data come from?
Realmo compiles South Glens Falls, NY figures from 5 recent recorded sales, 137 active sale listings, 63 active lease listings, 1,875 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 137 active for-sale and 63 active for-lease listings in South Glens Falls, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 30 September 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 30 September 2026 · report a data issue
