Median price for residential apartments in as of Jun, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
128 Binghamton, NY, USA apartments for sale
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Binghamton
According to statistics, the population in Binghamton, NY amounts to 45,964, which shows decline -1% compared to the previous year. The median age of the city’s residents is 36. The average household income is $31,103, shifting growth 3% from the past year, and the average property value in Binghamton, NY n/a% to $87,500 throughout the year.
| Population | 45,964 |
| Median Age | 36.4 |
| Poverty Rate | 33% |
| Household Income | $31,103 |
| Number Of Employees | 18,469 |
| Median Property Value | $87,500 |
Household Income
The average household income in Binghamton, NY grew from $30,183 to $31,103 in the past year. This data is an estimate based upon 19,974 households in Binghamton, NY . The chart below presents how household income is distributed in Binghamton, NY in comparison to the revenue allocation amid households nationally.
- USA
- Binghamton, NY
Property Value
According to data from last year, the average property value in Binghamton, NY shifted from $87,500 to $87,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Binghamton, NY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Binghamton, NY properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
- USA
- Binghamton, NY
Rent vs. Own
- Rent45%
- Own55%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Binghamton, NY compared to median property taxes around the country. The prevalent amount of property taxes in Binghamton, NY equals $3000, which is less than the national average.
- USA
- Binghamton, NY
Housing Trends
Binghamton, NY, USA Housing Trends
Average sale in Binghamton: $148,840 (+17.8%)
| Apartment Size | Jun | vs Last Month |
|---|---|---|
| 3 bed apartments | $117,473 | +54.6% |
| 4+ bed apartments | $158,251 | +19.3% |
During Jun 2021, the average price for an apartment in/near Binghamton, NY increased by 17.8% to $148,840.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $117,473. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $158,251 for a big-family home.
| Listing Type | Jun | vs Last Month |
|---|---|---|
| Apartments for sale | $182,350 | +14% |
| Duplexes for sale | $75,803 | -29.8% |
| Houses for sale | $163,020 | +27.1% |
While assessing the property pricing Binghamton, NY, you can note that it remains flat with a price tag of $182,350. According to statistics, average house is still $163,020 with no significant changes this month. An average value of duplex is $75,803, thus a median price for a duplex remains the same this month.
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