Burnt Hills, NY—12027
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Burnt Hills, NY
As of Oct '25, the median home price in Burnt Hills, NY is $415,000, with a year-over-year change of 3.7%. This indicates that home prices in Burnt Hills, NY are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $415,000 | 3.7% |
| Single Family | $414,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $294,000 | 1.0% |
3 Bed | $375,000 | 3.3% |
4 Bed | $462,000 | 4.1% |
| 5 Bed | $470,000 | 3.8% |
% of Housing Stock
Rental Trends — Burnt Hills, NY
As of July '25, Rentcast reports the average rent in Burnt Hills, NY is $1,640, with a year-over-year rent change of -18.8%. Per bedroom, the median rent as of July '25 in Burnt Hills, NY is 1-bedrooms: $975, 3-bedrooms: $2,300. The most common rental property sizes in Burnt Hills, NY are 3-bedroom and 1-bedroom, accounting for 75.5% and 15.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $1,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $975 | $975 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,300 | $2,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Burnt Hills, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Burnt Hills, NY is 32. This is a decrease of -68.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $370,000 | -25.0% |
Listing Count | 11 | 12.0% |
| Listings as % of Homes | 0.6% | 12.0% |
Days on Market | 32 | -68.0% |
Demographics — Burnt Hills, NY
As of the latest ACS Survey released in 2023, Burnt Hills, NY has a population of 4,710, which has increased by 23.4% over the past 5 years. Burnt Hills, NY is a moderately popular place for families, as children make up 23.2% of the population. The area has a highly educated workforce, with 53.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,710 | 23.4% |
% Under 18 | 23.2% | -6.1% |
% Seniors | 17.9% | 5.9% |
% WFH | 21.3% | 200.0% |
% w/ College Degree | 53.6% | -7.9% |
As of the latest ACS Survey released in 2023, Burnt Hills, NY is a predominantly white area, with 91.5% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Burnt Hills, NY is hispanic, making up 1.5% of the population. Foreign-born residents account for 3.8% of the population in Burnt Hills, NY, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.5% | -3.9% |
% Black | 0.2% | -71.4% |
% Hispanic | 1.5% | -16.7% |
% Asian | 1.0% | -16.7% |
% Foreign Born | 3.8% | 100.0% |
Mortgage and Risk — Burnt Hills, NY
According to HUD data as of 2023, there were 89 mortgage originations in Burnt Hills, NY, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Burnt Hills, NY. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 89 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Burnt Hills, NY
Burnt Hills, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $825 | $975 | $1,800 |
| 2 Bedroom | N/A | N/A | $2,180 |
| 3 Bedroom | $330 | $2,300 | $2,630 |
| 4 Bedroom | N/A | N/A | $2,890 |
Affordability — Burnt Hills, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $415,000 |
| Median Household Income | $106,000 |