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Ballston Spa, NY Real Estate


According to census data in the year 2000 there were 2,404 housing units in Ballston Spa. This represents a 8.6% growth from 2,213 in 1990.

Of those housing units, 2,404 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ballston Spa is about 53%. Ballston Spa's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Ballston Spa were built after 1943.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom22%
Two Bedrooms24.80%
Three Bedrooms35.60%
Four Bedrooms14.80%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1945
Median Value of occupied units$98,300
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1942
Median Monthly Rent asked for vacant units$474

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.30%
Home Equity Loan11.80%
Simple Mortgage58.40%
Debt Free27.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21%