Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
67 Binghamton, NY, USA apartments for sale
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.
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.
Rent vs. Own
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.
Housing Trends
How much does an apartment cost in Binghamton, NY, USA
Average sale in Binghamton: $500,235 (+438.4%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| 1 bed for sale | $210,000 | N/A |
| 2 bed for sale | $344,450 | +198.8% |
| 3 bed for sale | $80,750 | -28.5% |
| 4+ bed for sale | $683,000 | +802.9% |
During Jul 2022, the average price for an apartment in/near Binghamton, NY increased by 438.4% to $500,235.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $210,000 with no changes this month. Asking price for 2-bed apartment also increased by 198.8% and a place of this size will now cost you $344,450. A 3-bed apartment goes for $80,750, it decreased by 28.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 802.9% and made it up to $683,000.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Houses for sale | $338,250 | +229.9% |
| Duplexes for sale | $49,000 | N/A |
| Condos for sale | $109,000 | N/A |
| Other for sale | $17,500 | N/A |
| Apartments for sale | $732,333 | +360.6% |
| Townhouses for sale | $289,900 | N/A |
The average cost of an apartment in Binghamton, NY rised by 360.6% to $732,333. Price reports demonstrate that house price increased by 229.9% this month making it up to $338,250. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $109,000. An average value of duplex is $49,000, thus a median price for a duplex remains the same this month. Value of the townhouses didn’t change, the price still starts at $289,900.