Broadalbin, NY—12025
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Broadalbin, NY
As of Oct '25, the median home price in Broadalbin, NY is $283,000, with a year-over-year change of 3.6%. This indicates that home prices in Broadalbin, NY are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | 3.6% |
| Single Family | $283,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $241,000 | 6.2% |
3 Bed | $294,000 | 3.5% |
4 Bed | $355,000 | 5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Broadalbin, NY
As of July '25, Rentcast reports the average rent in Broadalbin, NY is $1,560, with a year-over-year rent change of 20.0%. Per bedroom, the median rent as of July '25 in Broadalbin, NY is studios: $875, 2-bedrooms: $1,100, 3-bedrooms: $2,120. The most common rental property sizes in Broadalbin, NY are 2-bedroom and 3-bedroom, accounting for 42.3% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,560 |
| Studio Rent | $875 | $875 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,750 | $2,120 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Broadalbin, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Broadalbin, NY is 60. This is a decrease of -32.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $296,000 | -3.0% |
Listing Count | 27 | -22.0% |
| Listings as % of Homes | 0.4% | -22.0% |
Days on Market | 60 | -32.0% |
Demographics — Broadalbin, NY
As of the latest ACS Survey released in 2023, Broadalbin, NY has a population of 5,280, which has decreased by -2.3% over the past 5 years. Broadalbin, NY is a moderately popular place for families, as children make up 15.9% of the population. The area has a moderately educated workforce, with 31.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,280 | -2.3% |
% Under 18 | 15.9% | -5.9% |
% Seniors | 25.5% | 44.9% |
% WFH | 7.6% | 375.0% |
% w/ College Degree | 31.2% | 57.6% |
As of the latest ACS Survey released in 2023, Broadalbin, NY is a predominantly white area, with 89.3% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Broadalbin, NY is hispanic, making up 3.9% of the population. Foreign-born residents account for 2.0% of the population in Broadalbin, NY, and this percentage has decreased by 20.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.3% | -6.0% |
% Black | 0.8% | -20.0% |
% Hispanic | 3.9% | 178.6% |
% Asian | 1.2% | 0.0% |
% Foreign Born | 2.0% | -20.0% |
Mortgage and Risk — Broadalbin, NY
According to HUD data as of 2023, there were 94 mortgage originations in Broadalbin, NY, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Broadalbin, NY. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 94 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Broadalbin, NY
Broadalbin, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,020 |
| 2 Bedroom | $140 | $1,100 | $1,240 |
| 3 Bedroom | -$250 | $1,750 | $1,500 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Broadalbin, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $283,000 |
| Median Household Income | $71,700 |