Binghamton Metro Area, NY Housing

The housing market in the Binghamton, NY Metro Area is performing strongly. The median value of homes is currently $156,400, which is significantly lower than the US median of $338,100. However, it has seen a strong appreciation of 9.53% over the past year, higher than the US average of 8.27%. This indicates that this part of New York State remains an attractive market for home buyers and investors alike.

The median home cost in Binghamton Metro Area is $156,400. Home appreciation the last 10 years has been 50.9%. Home Appreciation in Binghamton Metro Area is up 14.7%.

Average Age of Homes

- The median age of Binghamton Metro Area real estate is 59 years old

The Rental Market in Binghamton Metro Area

- Renters make up 27.8% of the Binghamton Metro Area population
- 2.4% of houses and apartments in Binghamton Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Binghamton, New York	United States
	114,154.0	139,647,020.0
	62	42
	$156,400	$338,100
	14.7%	16.6%
	43.5%	57.0%
	50.9%	101.1%
	$28.25	$10.98
	$3,454	$2,690
	60.0%	57.4%
	11.2%	11.2%
	28.8%	31.4%
Vacant Housing
	2.4%	1.9%
	0.7%	0.4%
	0.8%	0.7%
	0.3%	0.4%
	1.9%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	2.1%	2.4%
	5.4%	2.8%
	11.6%	3.9%
	15.4%	4.5%
	24.5%	11.3%
	17.3%	13.0%
	13.2%	20.1%
	3.9%	13.6%
	1.4%	8.3%
	1.4%	9.7%
	0.3%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.2%	13.6%
	4.2%	13.6%
	6.8%	13.6%
	10.0%	13.2%
	12.5%	14.8%
	6.8%	13.6%
	14.2%	10.0%
	8.6%	4.7%
	28.3%	12.2%

Reviews for Binghamton

See all (0)

Write a Review

Start Your Review of Binghamton

Commute