The story of this market
The typical home in ZIP 12020 sells for about $462,400, or $269 per square foot.
Prices are up +22% from a year ago, so sellers still have some momentum. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,612 a month.
ZIP 12020 — Ballston Spa
The housing market in 12020 remains competitive with low inventory and strong year-over-year price appreciation. Demand is driven by buyers seeking suburban space within commuting distance of the Albany capital region, keeping the market tight despite broader economic shifts.
This ZIP is ideal for family buyers and professionals seeking a balance between rural tranquility and access to the Albany metro area, offering larger lot sizes and a community-oriented environment.
Median prices moved up 22.0% year over year.
Homes spend a median of 43 days on market with 3.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 6.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 12020
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Averill Park Central School District, which is generally regarded for its community-focused educational environment and consistent performance within the regional context.
The region faces standard seasonal risks including heavy winter snowfall and occasional localized flooding near water bodies like Burden Lake; property insurance remains stable but sensitive to regional weather patterns.
Economic momentum is driven by proximity to the Albany state capital employment hub, with steady residential demand and limited large-scale commercial development, maintaining a rural-suburban character.
Property taxes are levied by the county, town, and school district, with the school district portion typically representing the largest share of the total tax burden.
Residents primarily commute by car toward the Albany-Schenectady-Troy employment core, with average travel times around 25 minutes.
The area features significant outdoor amenities including Burden Lake, various hiking trails, and local parks, providing a strong base for fishing, hunting, and seasonal recreation.
The rental market is characterized by low vacancy pressure and limited inventory, with demand driven by those seeking a quieter, semi-rural lifestyle within commuting distance of Albany.
The local economy is heavily influenced by the broader Albany-Schenectady-Troy metro area, with major employment sectors including government, healthcare, and education.
Transportation is almost exclusively reliant on private vehicle use, with major highway corridors providing access to the Albany urban core.
Development is largely focused on low-density residential infill, with no major large-scale commercial or infrastructure projects currently reported.
Parcels are subject to school district taxes, town taxes, and county-level assessments.
Property insurance premiums are influenced by regional weather risks, including winter storm exposure and localized flood zones.
Data retrieved from Census Reporter for ZCTA 12020.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Liberty Ridge Farm4.312.6 mi
- Spare Time Clifton Park4.311.2 mi
- Sky Zone Clifton Park4.111 mi
- Chuck E. Cheese417.9 mi
- NYzipline4.911 mi
- Saratoga Performing Arts Center (SPAC)4.54.7 mi
- Saratoga Race Course4.76.9 mi
- Proctors4.713.7 mi
- Liberty Ridge Farm4.312.6 mi
- Saratoga Springs City Center4.57 mi
- Saratoga Spa State Park4.84.9 mi
- Saratoga National Historical Park4.811 mi
- Liberty Ridge Farm4.312.6 mi
- Wilton Town Gavin Park4.510 mi
- Saratoga Automobile Museum4.64.8 mi
- Saratoga National Historical Park4.811 mi
- Saratoga Automobile Museum4.64.8 mi
- Children's Museum at Saratoga4.55.7 mi
- miSci | Museum of Innovation & Science4.413.7 mi
- Albany Pine Bush Preserve4.619.6 mi
- Saratoga Spa State Park4.84.9 mi
- Saratoga National Historical Park4.811 mi
- Wilton Town Gavin Park4.510 mi
- Congress Park4.76.6 mi
- Clifton Common4.510 mi
- Lee's Park4.38.2 mi
- Town of Stillwater Brown's Beach4.36.3 mi
- Mohawk Harbor4.612.8 mi
- Point Breeze Marine3.78 mi
- Saratoga National Golf Club4.57.3 mi
- Eagle Crest Golf Club4.47.7 mi
- Saratoga Spa Golf Course4.44.9 mi
- Saratoga Lake Golf Club4.17 mi
- Brookhaven Golf Course4.512.6 mi
- Wilton Mall3.99.4 mi
- Market 324.16 mi
- Marshalls & HomeGoods4.310.9 mi
- Bowman Orchards4.113 mi
- Clifton Park Center4.110.9 mi
- Albany International Airport4.117.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A primary recreational hub for swimming, fishing, and boating.
Extensive local trail network for hiking and outdoor activity.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).