Ballston Spa, NY is an area with a high median house value of $346,300. This value is higher than the US median house value of $338,100. The area also has seen a greater amount of appreciation in the last year with a 9.88% increase compared to the US's 8.27%. This means that those investing in this area can look forward to relatively high returns as well as stability in their housing investments. Ballston Spa is thus an ideal location for prospective home buyers seeking both security and potential gains.
The median home cost in Ballston Spa is $346,300. Home appreciation the last 10 years has been 49.3%. Home Appreciation in Ballston Spa is up 11.8%.
Average Age of Homes
- The median age of Ballston Spa real estate is 78 years old
The Rental Market in Ballston Spa
- Renters make up 46.3% of the Ballston Spa population
- 2.4% of houses and apartments in Ballston Spa, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.