$5,047 Closing Credit*
$425,000
1,889 SqFt
3 Beds
•2 Full Baths
Laura Muschott, Listing Office: Sterling Real Estate Group
Is Burnt Hills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Burnt Hills was a Buyer's Market.
Key Takeaway
Burnt Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burnt Hills, NY
How much do homes in Burnt Hills, NY cost?
Median Sold Price
$350,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$32,750(-8.6%)
Key Takeaway
Homes in Burnt Hills have sold for 8.6% less than they did a year ago.
Summary: The median home sold price in Burnt Hills was $350,000 in November 2024, down 8.6% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $362.5K | $295K | -18.6% |
| 3 Bedrooms | $367.5K | $350K | -4.8% |
| 4 Bedrooms | $450K | $350K | -22.2% |
| 5+ Bedrooms | $417.5K | $640K | +53.3% |
Summary: Burnt Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.6%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 53.3%.
Median Sold Price Compared To Nearby Cities
| Charlton | $322.5K | $409K | +26.8% |
| Ballston | $415K | $522.8K | +26.0% |
| Ballston Lake | $445.2K | $490K | +10.1% |
| Glenville | $266.1K | $289.9K | +9.0% |
| Burnt Hills | $382.7K | $350K | -8.6% |
Housing Supply in Burnt Hills, NY
How many homes are available in Burnt Hills, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Burnt Hills real estate market had 8 homes for sale in November 2024, a 14.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 0 | 2 | +100.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Burnt Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Burnt Hills, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Burnt Hills in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Burnt Hills, NY
How long does it take to sell a home in Burnt Hills, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 49 Days | -14.0% |
Summary: Homes in Burnt Hills had an average of 49 days on market in Nov 2024, down by 14% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Burnt Hills are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Burnt Hills; 50% of homes were sold within 30 days, 50% 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.