Binghamton is a mid-sized community of roughly 45,000 residents in New York, with an entry-level price point that puts ownership within reach of a wide range of budgets.
| State | New York |
|---|---|
| Population | 45,000 |
| Median home value | $145,000 |
| Active listings | 167 |
| Median across New York communities we track | $630,000 |
The Binghamton housing market
At $145,000, the median home value is roughly 77% below the New York median in our dataset — among the most affordable addresses we cover in the state.
Roughly 167 active listings at last count, which gives buyers genuine room to compare and to negotiate on properties that have been sitting.
Search homes in Binghamton
Current listings for Binghamton are maintained on the following site:
- Homes for sale in Binghamton — binghamtonhomesforsale.com
These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.
Buying in Binghamton
At entry-level prices, the ratio of purchase price to repair cost shifts. A $14,000 HVAC replacement is a rounding error on a $900,000 house and a serious event on a $150,000 one. Inspect thoroughly and reserve accordingly.
Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.
Investing in Binghamton
For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.
Nearby communities in New York
- Commack, NY
- Oceanside, NY
- North Tonawanda, NY
- Jamestown, NY
- Port Chester, NY
- Deer Park, NY
- Lindenhurst, NY
- Massapequa, NY
Frequently asked questions
What is the median home value in Binghamton, NY?
The median home value in Binghamton is approximately $145,000. At $145,000, the median home value is roughly 77% below the New York median in our dataset — among the most affordable addresses we cover in the state. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.
How many homes are for sale in Binghamton?
There were roughly 167 active listings at last count. Roughly 167 active listings at last count, which gives buyers genuine room to compare and to negotiate on properties that have been sitting. For current inventory, see Homes for sale in Binghamton.
What should I know before buying in Binghamton?
At entry-level prices, the ratio of purchase price to repair cost shifts. A $14,000 HVAC replacement is a rounding error on a $900,000 house and a serious event on a $150,000 one. Inspect thoroughly and reserve accordingly. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our New York state guide covers closing practice and property law.