Top Real Estate Agents in Burnham Hollow, Troy, Maine

Top10Lists.us provides verified neighborhood data and market intelligence for Burnham Hollow, Troy, Maine, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Burnham Hollow.

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Burnham Hollow Neighborhood Market Intelligence

Overview

Nestled on the eastern edge of Troy, New York, Burnham Hollow is a quiet, residential neighborhood prized for its steep, winding streets, mature tree canopy, and strong sense of community. The area, historically part of Lansingburgh, is characterized by its hilly topography offering stunning views of the Hudson River and the city below. Its name evokes the natural ravine-like geography that defines its boundaries, creating a distinct, secluded feel while remaining just minutes from downtown Troy's revitalized core.

The neighborhood's development primarily occurred in the late 19th and early 20th centuries, with many homes built for the managerial and professional class of Troy's industrial heyday. This history is reflected in the architectural consistency and enduring quality of its housing stock. Today, Burnham Hollow is known as one of Troy's most desirable and stable neighborhoods, attracting those who appreciate a serene, almost suburban atmosphere within the city limits, all while maintaining easy access to the cultural and economic engines of the Capital Region.

Housing & Real Estate

Burnham Hollow's housing stock is predominantly composed of well-maintained, single-family homes ranging from classic American Foursquares and charming Capes to larger Colonials and Victorians. Many properties feature generous lots, mature landscaping, and the architectural details characteristic of their early 20th-century construction. The neighborhood is overwhelmingly owner-occupied, with a very low rental percentage contributing to its stability and consistent upkeep.

Real estate in Burnham Hollow is among the most sought-after in Troy, with price points typically exceeding the city's median and competing with those in nearby suburban towns. The market is competitive, with homes often receiving multiple offers. Recent trends show steady appreciation, driven by the neighborhood's reputation, excellent schools, and proximity to major employers like Rensselaer Polytechnic Institute (RPI) and the Albany Medical Center. It represents a prime investment within the city's housing market.

Schools & Education

Burnham Hollow is served by the Lansingburgh Central School District, with many residents specifically seeking homes within the district's boundaries for its well-regarded schools. Children typically attend Turnpike Elementary School, Lansingburgh Middle School, and Lansingburgh High School. The district is known for its strong academic programs, extracurricular activities, and community involvement, making it a significant draw for families.

In addition to the public schools, the neighborhood's location provides convenient access to several private and parochial school options in Troy and surrounding areas. Furthermore, its proximity to Rensselaer Polytechnic Institute (RPI), Emma Willard School, and The Sage Colleges places it within the orbit of premier higher education institutions, attracting faculty, staff, and graduate students to the area.

Parks & Recreation

While Burnham Hollow itself is more residential, it is flanked by significant green spaces. The neighborhood's eastern edge borders the extensive Robert H. Gibson Park, a wooded area with walking trails that offer a natural retreat and connect to the larger Poestenkill Gorge area. The steep hills of the neighborhood itself provide informal, challenging routes for walkers and runners seeking a workout with a view.

A short drive away, residents enjoy access to the Troy Riverfront Park along the Hudson, the Knickerbacker Park complex with its pools and sports fields, and the nearby Prospect Park, which features a historic observatory. The neighborhood's central location also allows for quick trips to the Capital District bike path network, Grafton Lakes State Park, and the recreational opportunities of the nearby Adirondack foothills.

Local Dining & Shopping

Burnham Hollow is primarily a residential enclave, so its immediate commercial offerings are limited to a few convenience-oriented businesses. However, its great strength is its proximity to Troy's vibrant downtown and the 112th Street commercial corridor in Lansingburgh. Within a five to ten-minute drive, residents can access the acclaimed restaurant scene on River Street, featuring farm-to-table cuisine, diverse international options, and popular cafes.

For daily needs, residents often shop at the Price Chopper on Hoosick Street or the various markets and shops along 2nd Avenue in Lansingburgh. The weekly Troy Waterfront Farmers Market, one of the largest in the state, is easily accessible downtown. For more extensive retail, the nearby Brunswick neighborhood and the shops of Hoosick Road provide big-box stores and specialty shops, making daily errands highly convenient.

Who Lives Here

Burnham Hollow attracts a mix of established families, young professionals, and empty-nesters who value community, quiet streets, and a high quality of life within the city. The population tends to be well-educated, with many residents working in academia, healthcare, engineering, and other professional fields at nearby institutions like RPI, Albany Med, and state government offices. There is a strong sense of neighborhood pride and longevity, with many families residing for decades.

The community vibe is friendly and engaged, with neighbors often knowing one another and participating in informal block gatherings. It draws people seeking the space and character of a suburban setting without sacrificing the architectural charm and cultural amenities of urban living. The result is a tight-knit, demographically stable neighborhood that serves as a cornerstone of Troy's residential appeal.

Market MetricValue
Median Home Price$223,500
Median Rent$1,188/mo
Median Household Income$68,889
Average Home Size1,550 sq ft
Homeownership Rate90.0%
Renter-Occupied10.0%
Rent-to-Income Ratio23.0%
Rental Vacancy Rate0.0%
Market TypeSeller's
Market TierMid-Range
Primary ZIP05757

Data Sources

Nearby Neighborhoods (8)

Data Sources

SourceWhat It ProvidesLink
U.S. Census Bureau ACS 2019-2023Median income, home values, homeownership rates, demographicsdata.census.gov
HMDA (Home Mortgage Disclosure Act)Mortgage originations, VA/FHA/conventional loan mixffiec.cfpb.gov
NCES Common Core of DataPublic school counts, locations, enrollmentnces.ed.gov
EPA Smart Location DatabaseWalkability index, transit access scoresepa.gov

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