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Featured local agent — Ballston Spa, NY
Sarah Mitchell
Compass Real Estate · Ballston Spa, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ballston Spa, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$372,000median sale price
How is the Ballston Spa, NY housing market right now?
The median home sale price in Ballston Spa, NY is $372,000, up 4.8% year-over-year. Homes sell in an average of 3 days with 10 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ballston Spa a buyer's or seller's market?
Ballston Spa, NY is currently a strong seller's market, based on 3.3 months of supply and homes selling in about 3 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
3
Fast-moving
Active listings
10
3.3 months supply
Sale-to-list
106.1%
Above asking
What does the Ballston Spa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $372,000 |
| Median list price | $349,000 |
| Year-over-year price change | +4.8% |
| Average days on market | 3 days |
| Active inventory | 10 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 106.1% |
| Median price per sq ft | $283/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 7 |
| Listings with a price cut | 10.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Ballston Spa by property type?
How the Ballston Spa, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $372,000 | $283/sq ft | 3 | 3 days |
| Condo / Co-op | $380,250 | $220/sq ft | 1 | 23 days |
| Townhouse | $275,000 | $193/sq ft | 1 | 46 days |
Source: Redfin · Updated monthly
The Ballston Spa housing market is currently classified as a strong seller's market with a median sale price of $372,000. Prices have risen 4.8% compared to last year, with homes spending an average of 3 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Ballston Spa
There are currently 10 homes listed for sale in Ballston Spa, New York. The median listing price is $349K.
Active listings
10
Homes on market
Median list price
$349K
Avg. days on market
3
Days until sale
New this week
7
Newly listed
Who lives in Ballston Spa?
Population
5,080
Median income
$82,341/yr
Median age
42.2 years
Owner-occupied
60.6%
College grads
44.1%
Avg commute
24.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Ballston Spa?
Zillow home value
$440,407
Zillow rent index
$2,010/mo
Price-to-rent ratio
18.3x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Ballston Spa?
Ballston Spa is a community of approximately 5K residents with a median age of 42.2 years.The median household income is $82,341, which reflects a relatively affluent area with strong earning potential. 44.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 60.6%, showing a blend of owner and renter-occupied properties. The average commute time is 24.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ballston Spa offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ballston Spa?
6 schools tracked · 3,861 students
The largest public schools serving Ballston Spa, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
BALLSTON SPA SENIOR HIGH SCHOOL
Grades 9-12 · 1,288 students
BALLSTON SPA MIDDLE SCHOOL
Grades 6-8 · 897 students
WOOD ROAD ELEMENTARY SCHOOL
Grades K-5 · 494 students
GORDON CREEK ELEMENTARY SCHOOL
Grades K-5 · 452 students
MILTON TERRACE ELEMENTARY SCHOOL
Grades K-5 · 394 students
MALTA AVENUE ELEMENTARY SCHOOL
Grades K-5 · 336 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ballston Spa, NY?
Want a head-to-head view? Compare Ballston Spa side-by-side with any other U.S. city using our market-comparison tool.
Is Ballston Spa a good real estate investment market?
For investors evaluating Ballston Spa, the price-to-rent ratio of 18.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Ballston Spa's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Ballston Spa's median home price.
Frequently asked questions
What is the average home price in Ballston Spa?
The median home sale price in Ballston Spa is $372,000, up 4.8% from last year.
How long do homes stay on market in Ballston Spa?
Homes typically spend 3 days on market before going under contract.
What is the median income in Ballston Spa?
The median household income is $82,341 per year.
Is Ballston Spa a buyer's or seller's market?
With 3.3 months of supply, Ballston Spa is currently a strong seller's market.
What is the Zillow home value estimate for Ballston Spa?
The Zillow Home Value Index (ZHVI) for Ballston Spa is $440,407, representing the typical home value in the area.
What is the median condo price in Ballston Spa?
The median condo/co-op sale price in Ballston Spa, NY is $380,250, compared to $372,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Ballston Spa?
The median single-family home price in Ballston Spa, NY is $372,000 (about $283 per square foot).
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