Binghamton, NY is a great place to live, boasting a median house value of $139,300. This is significantly lower than the US housing median value of $338,100. Despite this difference in prices, the one-year appreciation rate for local housing in Binghamton was 8.92%, which is slightly higher than the national average of 8.27%. The area offers affordable living while still providing potential for growth and increased home value down the road.
The median home cost in Binghamton (zip 13903) is $139,300. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Binghamton (zip 13903) is up 14.8%.
Average Age of Homes
- The median age of Binghamton (zip 13903) real estate is 63 years old
The Rental Market in Binghamton (zip 13903)
- Renters make up 30.7% of the Binghamton (zip 13903) population
- 2.1% of houses and apartments in Binghamton (zip 13903), 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.