Binghamton - NY housing market
The Binghamton metro has a typical home value of $193,399, up 5.3% from a year ago. Homes are moving fast at 15 days on market - a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($193,399) 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 5.3% over the past year. In Binghamton - NY, that means a home worth $183,665 last year is now worth roughly $193,399.
The median sale price , what homes actually close for , is $203,614. Homes are selling at 98.2% of list price, meaning buyers have room to negotiate.
Homes listed in Binghamton - NY sit on the market for roughly 15 days before going pending. Shorter = seller's market; longer = buyer's market.
About 19.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 163 new listings hit the market each month in Binghamton - NY. There are currently 438 homes for sale, up 6.8% from a year ago.
The typical monthly rent in Binghamton - NY is $1,291, up 10.8% year over year. For investors, the price-to-rent ratio here is roughly 12x 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 | $718,397 | +4.1% | 26.0d |
| Buffalo - NY | $282,896 | +4.6% | 11.0d |
| Rochester - NY | $278,388 | +4.3% | 8.0d |
| Albany - NY | $364,241 | +5.1% | 8.0d |
| Syracuse - NY | $258,827 | +6.3% | 7.0d |
| Utica - NY | $223,525 | +7.9% | 26.0d |