The housing market in 13904 Binghamton, NY is quite strong. According to the given information, the median value of homes in this area is $122,100, which is significantly lower than the US median value of $338,100. Despite this discrepancy, the 1 year house appreciation rate for 13904 Binghamton, NY still outpaces that of the rest of the country at 8.92%, versus a national average of 8.27%. This suggests that with continued investment and development in this area, housing prices could be set to rise even further in future years.
The median home cost in Binghamton (zip 13904) is $122,100. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Binghamton (zip 13904) is up 14.8%.
Average Age of Homes
- The median age of Binghamton (zip 13904) real estate is 69 years old
The Rental Market in Binghamton (zip 13904)
- Renters make up 25.3% of the Binghamton (zip 13904) population
- 1.8% of houses and apartments in Binghamton (zip 13904), 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.