The housing market in 13905 Binghamton, NY is doing well. The median value of housing in the area is $145,900, which is lower than the US median value of $338,100. In the past year, the US experienced a house appreciation rate of 8.27%, however in 13905 Binghamton, NY that rate was even higher at 8.92%. This high appreciation rate suggests that demand for property here is strong and indicates continued growth in the future.
The median home cost in Binghamton (zip 13905) is $145,900. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Binghamton (zip 13905) is up 14.8%.
Average Age of Homes
- The median age of Binghamton (zip 13905) real estate is 74 years old
The Rental Market in Binghamton (zip 13905)
- Renters make up 42.9% of the Binghamton (zip 13905) population
- 3.4% of houses and apartments in Binghamton (zip 13905), 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.