Valley Falls, New York.
Typical home $318,190 (+7.0% in a year). Albany-Schenectady-Troy, NY metro.
to buy the typical home at today's mortgage rate — +$930 (+126%) since Jan 2020.
- 1 year
- Up $20,944 +7%
- $297,247$318,190 since Sep 2025
- 5 years
- Up $76,882 +32%
- $241,308$318,190 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Valley Falls$1,670
- New York$2,755
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Valley Falls, NY rose 7.0% over the past year — faster than the nation's +1.2%.
Living in Valley Falls, Rensselaer County, New York
Valley Falls is a village of 510 people in Rensselaer County. Half its households earn more than $87,143 a year and half less, against $87,915 across Rensselaer County; 1% of its people live below the poverty line. Unemployment in Rensselaer County was 3.9% in August 2026, and the county had 0.8% fewer jobs in 2025 than the year before. The most people in Rensselaer County work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Valley Falls is a very small village in Rensselaer County, home to far fewer people than most towns of any kind. Household incomes sit just below the county's, and very few residents live below the poverty line. Winters are cold, with January the coldest month and highs hovering around freezing, while July is pleasantly warm; the year brings a fair amount of rain and melted snow.
Work. Residents work mostly in schools, hospitals and social care, followed by professional and business services, government and manufacturing. The commute is a long one, longer than many people face, and a modest number of residents work from home. Across Rensselaer County, some of the largest workplaces are Regeneron, Rensselaer Polytechnic Institute and Samaritan Hospital.
Things to do. The Hoosic River is a short drive away, as is Saratoga National Historical Park, a protected area with a place in the country's history. Farther afield, a longer drive brings you to Saratoga Lake, a good spot for a day by the water. The Clark Art Institute, a museum, is also a longer drive away.
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- 1%below the poverty line
- 36 mintypical commute
- 13%work from home
What people in Rensselaer County work in
Employed residents by industry, from the Census survey. Rensselaer County had 56,312 jobs in 2025, 0.8% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 11°; warmest in July, with highs near 82° and lows near 58°. About 43 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Buskirk weather station, 7 miles away (NOAA).
Largest workplaces in Rensselaer County
- Regeneron - Industrial Operations and Product Supply (IOPS)Culture media manufacturing5,100
- Rensselaer Polytechnic InstituteUniversity or college1,800
- Samaritan HospitalGeneral hospital1,753FTE
- AmazonGeneral warehousing and storage926
- OCFS Home OfficeChild and youth services907
- Hudson Valley Community CollegeTwo-year college889
- East Greenbush Central School DistrictSchool district766FTE
- Troy City School DistrictSchool district703FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 97 workplaces with 20 or more staff, 18,147 people in all across the county; Valley Falls has none of its own. Colleges come from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailRelatively moderate
- Strong windRelatively moderate
- LightningRelatively moderate
- Inland floodingRelatively moderate
- TornadoesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Valley Falls’ census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Rensselaer County and the Albany-Schenectady-Troy, NY metro.
Valley Falls home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Valley Falls$318,190
- New York$524,942
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Valley Falls7
Zip codes with a Valley Falls address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Valley Falls — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.