Gloversville, NY home prices
Typical home $228,444 · +7.4% in a year · income needed $74,400
The Gloversville, NY metro area ranks 530 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +7.4% in a year and +31.1% over five years. With 20% down at 7.11%, the typical home costs about $1,736 a month including 2.06% property tax (Fulton County rate).
Mortgage on the typical Gloversville home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $45,689 | $182,755 | $1,229 | $0 | $507 | $1,736 | $74,400 |
| 10% down | $22,844 | $205,599 | $1,383 | $86 | $507 | $1,976 | $84,700 |
| 5% down | $11,422 | $217,021 | $1,460 | $90 | $507 | $2,057 | $88,200 |
| 3.5% down (FHA) | $7,996 | $224,306 | $1,509 | $101 | $507 | $2,117 | $90,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.06% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Gloversville area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Fulton County, NY | $228,431 | +7.4% | 2.06% |
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Frequently asked questions
How much is a house in Gloversville?
The typical home in the Gloversville, NY metro area is worth $228,444 (Zillow, September 2026).
What salary do you need to buy a house in Gloversville?
About $74,400 a year for the typical home with 20% down at 7.11%.