New - 17 hours on Rocket
$6,994 Closing Credit¹
#202511819, Carla Alvord, Sarah Trojanoski, Listing Office: Sterling Real Estate Group
Ballston Spa Housing Market Report January 2025•Saratoga County, New York
Housing Prices in Ballston Spa, NY
How much do homes in Ballston Spa, NY cost?
Housing Market Conditions
Is Ballston Spa, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ballston Spa is a Seller's Market
Difference Since January 2024
Since last year, Ballston Spa has remained a Seller's Market.
Insight
Ballston Spa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$384,500$236/SqFt
+$19,535
+5.4%
Based on all homes sold in the last 12 months
Insight
Homes in Ballston Spa have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Ballston Spa was $384,500 in January 2025, up 5.4% from last year, and the median price per square foot was $236.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Ballston | $420K | $475K | +13.1% |
| Milton | $352.2K | $379.5K | +7.8% |
| Ballston Spa | $364.9K | $384.5K | +5.4% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $295.1K | $309K | +4.7% |
| 33 Bedrooms | $374.2K | $385.1K | +2.9% |
| 44 Bedrooms | $457.7K | $440K | -3.9% |
| 55+ Bedrooms | $475K | $570K | +20.0% |
Summary: Ballston Spa housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +4.7%. The home price for 3 bedroom homes increased by +2.9%. The home price for 4 bedroom homes decreased by -3.9%. The home price for 5 bedroom homes increased by +20.0%.
Housing supply in Ballston Spa, NY
How many homes are available in Ballston Spa, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 72Last MonthJan 2025 | ||
| 872 months agoDec 2024 | -17.2 % Change MoMDec – Jan |
Summary: The Ballston Spa real estate market had 72 homes for sale in Jan 2025, a 17.2 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthJan 2025 | ||
| 272 months agoDec 2024 | -37.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 13 | 10 | -23.1% |
| 33 Bedrooms | 43 | 33 | -23.3% |
| 44 Bedrooms | 27 | 21 | -22.2% |
| 55+ Bedrooms | 4 | 8 | +100.0% |
Summary: Ballston Spa housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -23.1%. The inventory for 3 bedroom homes decreased by -23.3%. The inventory for 4 bedroom homes decreased by -22.2%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Ballston Spa, NY cost?
Over Asking Price9 Homes
At Asking Price5 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Ballston Spa, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Ballston Spa in January 2025, down by 37.0% month-over-month. Of the 17 sold homes, 18% were sold under asking, 29% were sold at asking, and and 53% were sold over asking.
Days on Market for Ballston Spa, NY
How long does it take to sell a home in Ballston Spa, NY?
Breakdown of Home Sale Times
Under 30 Days13 Homes
30 – 90 Days4 Homes
Over 90 Days0 Home
Insight
Many homes in Ballston Spa are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 17 homes were sold in Ballston Spa; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 19 DaysThis YearJan 2025 | ||
| 26 Days1 year agoJan 2024 | -26.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Ballston Spa had an average listing age of 19 days in Jan 2025, down by 26.0% compared to the previous year.
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Newest Listings in Ballston Spa, NY
What homes are available in Ballston Spa, NY?
New - 17 hours on Rocket
$8,538 Closing Credit¹
#202511818, Carla Alvord, Sarah Trojanoski, Listing Office: Sterling Real Estate Group
New - 1 day on Rocket
$4,155 Closing Credit¹
#202511800, Steven M Green, Listing Office: Signature Premier Realty, Inc
New - 2 days on Rocket
$7,106 Closing Credit¹
#202511776, Christa Swistak, Listing Office: Sterling Real Estate Group
New - 2 days on Rocket
$7,430 Closing Credit¹
#202511775, Christa Swistak, Listing Office: Sterling Real Estate Group
New - 3 days on Rocket
$3,027 Closing Credit¹
#202511691, Joseph Frith, Christine Frith, Listing Office: Coldwell Banker Prime Properties
#202511379, R. Mark Levack, Listing Office: Levack Real Estate Inc
#202511311, Melissa C Cartier, Listing Office: Cartier Real Estate Group LLC
$5,926 Closing Credit¹
#202511271, Andrew J Bodden, Listing Office: Venture Realty Partners
#202511256, Scott P Varley, Listing Office: KW Platform
$4,453 Closing Credit¹
#202511126, Emily Dessingue, Listing Office: Berkshire Hathaway HomeServices Blake, REALTORS
$8,549 Closing Credit¹
#202511103, Christa Swistak, Listing Office: Sterling Real Estate Group
Nearby markets
Nearby markets aren't available for Ballston Spa, NY
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MLS Disclaimers and Copyright
Based on information from Global MLS, for the period 02/01/2023 - 02/01/2025
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/9/2025, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.