$4,453 Closing Credit*
$375,000
1,802 SqFt
5 Beds
•2 Full Baths
Jayne Schermerhorn, Listing Office: Signature One Realty Grp, LLC
Is Ballston, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Ballston was a Seller's Market.
Key Takeaway
Ballston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ballston, NY
How much do homes in Ballston, NY cost?
Median Sold Price
$489,950
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$74,950(+18.1%)
Key Takeaway
Homes in Ballston have sold for 18.1% more than they did a year ago.
Summary: The median home sold price in Ballston was $489,950 in October 2024, up 18.1% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | - | N/A |
| 2 Bedrooms | $351.8K | $345K | -1.9% |
| 3 Bedrooms | $403.2K | $464.5K | +15.2% |
| 4 Bedrooms | $531.7K | $580.3K | +9.1% |
| 5+ Bedrooms | $440K | $530K | +20.5% |
Summary: Ballston housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 20.5%.
Median Sold Price Compared To Nearby Cities
| Ballston | $415K | $489.9K | +18.1% |
| Milton | $350K | $379.5K | +8.4% |
| Ballston Lake | $439.9K | $475K | +8.0% |
| Ballston Spa | $362.3K | $380K | +4.9% |
| Burnt Hills | $378.2K | $370K | -2.2% |
Housing Supply in Ballston, NY
How many homes are available in Ballston, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 32 | -27.3% |
Summary: The Ballston real estate market had 32 homes for sale in October 2024, a 27.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 25 | 15 | -40.0% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Ballston housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ballston, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Ballston in October 2024, down by 58.3% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for Ballston, NY
How long does it take to sell a home in Ballston, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 23 Days | +53.4% |
Summary: Homes in Ballston had an average of 23 days on market in Oct 2024, up by 53.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ballston are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Ballston; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.