HousingHandbookReference data

U.S. ZIP Code · NY12823

Washington County · Glens Falls, NY

Typical home value

$302,755[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.1%
5-year / yr
+6.4%
10-year / yr
+5.5%

Relative price

vs U.S.
+6.6%
vs metro
+2.8%
vs state
-5.0%
ZIP 12823 location in NY
Location of ZIP 12823 in NY

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 12823 is worth $302,755 — 2.8% above the Glens Falls, NY median. Over the past year, values have fallen 0.1%. The effective property tax rate is 1.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.5%[3]
Typical annual tax
$4,398[3]

#Climate risk

FEMA National Risk Index ratings for Washington County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Relatively Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
597[3]
Median household income
$118,783[3]

#Migration

Household moves in and out of Washington County over a year, from IRS tax-return data.

Net migration
-52[5]
Moved in
1,429
Moved out
1,481

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,531
Loan principal$242,204
Down payment$60,551
Total interest paid$308,918

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,149
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
46th percentile[1]
Rental yield
[2]
Property tax
49th percentile[3]

Frequently asked

How much is a home worth in ZIP code 12823?
The typical home in 12823 is worth $302,755, based on the Zillow Home Value Index.
Are home values rising in 12823?
Home values in 12823 are down 0.1% over the past year, and up 6.4% a year over five years.
What is the property tax rate in 12823?
The effective property tax rate in 12823 is 1.5% — roughly $4,398 a year on a typical home.
Who lives in 12823?
ZIP code 12823 has a population of 597 and a median household income of $118,783.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Pottersville CDP, NY

    Typical home
    $302,535
    Gross yield
  • Greenwich, NY

    Typical home
    $300,973
    Gross yield
  • NY

    Typical home
    $305,350
    Gross yield
  • NY

    Typical home
    $294,558
    Gross yield
  • North Creek CDP, NY

    Typical home
    $311,356
    Gross yield
  • Lake Luzerne CDP, NY

    Typical home
    $314,760
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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