Binghamton - NY housing market
The Binghamton metro has a typical home value of $204,850, up 5.9% from a year ago. Homes are moving fast at 10 days on market, a strong seller's market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($204,850) is the Zillow Home Value Index for the Binghamton - NY metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 5.9% over the past year. In Binghamton - NY, that means a home worth $193,437 last year is now worth roughly $204,850.
The median sale price , what homes actually close for , is $207,931. Homes are selling at 99.8% of list price, meaning buyers have room to negotiate.
Homes listed in Binghamton - NY sit on the market for roughly 10 days before going pending. Shorter = seller's market; longer = buyer's market.
About 21.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 220 new listings hit the market each month in Binghamton - NY. There are currently 512 homes for sale, up 10.1% from a year ago.
The typical monthly rent in Binghamton - NY is $1,348, up 5.4% year over year. For investors, the price-to-rent ratio here is roughly 13x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in NY
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| New York - NY | $735,003 | +4.1% | 24.0d |
| Buffalo - NY | $294,992 | +4.7% | 9.0d |
| Rochester - NY | $290,868 | +4.9% | 8.0d |
| Albany - NY | $377,910 | +5.6% | 7.0d |
| Syracuse - NY | $271,597 | +6.6% | 6.0d |
| Utica - NY | $234,785 | +8.0% | 13.0d |