NY · Metro #195

Binghamton - NY housing market

The Binghamton metro has a typical home value of $205,581, up 6.2% from a year ago. Homes are moving fast at 11 days on market, a strong seller's market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$205,581
+6.2% vs. year ago
Median sale price
$208,449
+17.0% YoY
Median list price
$214,650
Sale-to-list ratio
100.1%
Selling above ask
Days on market
11d
Listings w/ price cut
22.4%
New listings / mo
233
+9.9% YoY
Homes for sale
545
+11.7% YoY
Typical rent
$1,333/mo
+4.7% YoY
Context

How to read this data

The typical home value ($205,581) 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 6.2% over the past year. In Binghamton - NY, that means a home worth $193,579 last year is now worth roughly $205,581.

The median sale price, what homes actually close for, is $208,449. Homes are selling at 100.1% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Binghamton - NY sit on the market for roughly 11 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 233 new listings hit the market each month in Binghamton - NY. There are currently 545 homes for sale, up 11.7% from a year ago.

The typical monthly rent in Binghamton - NY is $1,333, up 4.7% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 12.9x, buying territory (#181 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,057 a month in principal and interest, $276 less than renting before taxes, insurance and upkeep. The two break even at a 9.08% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in NY

MetroHome value1-yr changeDays on market
New York - NY$737,078 +4.3% 27.0d
Buffalo - NY$292,860 +4.3% 10.0d
Rochester - NY$289,019 +4.8% 8.0d
Albany - NY$377,793 +5.4% 8.0d
Syracuse - NY$272,560 +6.6% 7.0d
Utica - NY$234,055 +7.4% 14.0d
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