Why Live in Malta
Malta, a neighborhood in Round Lake, has rapidly developed over the past decade, largely due to the presence of Global Foundries, a semiconductor and nanotechnology manufacturer that has attracted over 250 new businesses, including daycares, dry cleaners, and grocery stores. The area maintains a hometown feel despite its growth. Housing options include new traditional-style constructions, townhomes with wooded backyards, and single-family homes featuring ranch and colonial styles. The Ballston Spa Central School District serves the community, with schools offering advanced programs like the Tec-Smart Program at Ballston Spa Senior High School. Residents enjoy numerous things to do, such as exploring Shenantaha Creek Park’s trails, basketball courts, and disc golf course, or visiting Malta Community Park by Saratoga Lake for kayaking and boating. Maple Ski Ridge and Pioneer Hills Golf Course provide seasonal recreational activities. Local dining and nightlife options include Carson’s Woodside Tavern, Nanola, and Azuma Sushi Bistro, along with breweries like Active Ingredient Brewing Company and Unified Beerworks. Public transportation is available through the Central District Transportation Authority, and Albany International Airport is 21 miles away. The Albany-Saratoga Speedway and Malta Drive-In Theatre offer unique local entertainment, contributing to the neighborhood's vibrant community atmosphere.
Home Trends in Malta, NY
On average, homes in Malta, Round Lake sell after 88 days on the market compared to the national average of 69 days. The median sale price for homes in Malta, Round Lake over the last 12 months is $420,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$420,000
Median Single Family Sale Price
$315,000
Median Townhouse Sale Price
$514,550
Median 2 Bedroom Sale Price
$420,000
Median 1 Bedroom Sale Price
$299,900
Average Price Per Sq Ft
$236
Number of Homes for Sale
24
Last 12 months Home Sales
145
Median List Price
$350,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%