Commercial Real Estate Market in Ballston Spa, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
78 active listings and 648 off-market properties in Ballston Spa, NY. Commercial property asks $170/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Ballston Spa, NY spans 75.6 square miles in Saratoga County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Saratoga County, office space asks $236/SF to buy. Office vacancy in Ballston Spa, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Saratoga County, retail space asks $214/SF to buy. Retail vacancy in Ballston Spa, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Ballston Spa, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Saratoga County, multifamily space asks $197/SF to buy. Multifamily vacancy in Ballston Spa, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Demographics & Economy
Ballston Spa, NY has 34,667 residents in 15,787 households. Density runs 459 people per square mile. Median household income here is $101,727 and median gross rent $1,562 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Burnt Hills | $275 | $19.00 |
| Saratoga Springs | $316 | $23.10 |
Commercial property in Ballston Spa, NY asks $170/SF. The 2 bordering markets run from $275/SF in Burnt Hills to $316/SF in Saratoga Springs, and the city sits below their $295/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Ballston Spa?
How much does it cost to lease commercial space in Ballston Spa?
How does Ballston Spa compare to nearby markets on price?
Where does Realmo's Ballston Spa market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 58 active for-lease listings in Ballston Spa, NY. The medians are based on 13 of the for-sale and 21 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
