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Preforeclosure Homes in Binghamton, NY

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Binghamton, NY Foreclosures

Current Market Conditions in in Binghamton, NY As of March 2026?
Over the past month, Binghamton has experienced a notable rise in home prices due to increased demand from first-time homebuyers and families seeking affordable housing options. With economic developments in the region, potential homebuyers have been more motivated, which has decreased the average time homes spend on the market. New construction projects are also underway, responding to the growing need for housing. Overall, the market remains robust with competitive listings and a promising outlook moving forward.
How much do homes sell for in Binghamton, NY?
The average home price is currently $219,459.
In Binghamton, NY, how many homes are available?
There are currently 84 active home listings available in Binghamton.
What’s the average rental cost in Binghamton, NY?
The average rental price in Binghamton is $1,240.
What is the most expensive home in Binghamton?
The most expensive home sold in Binghamton had a price of $87,577,936.
What is currently the cheapest priced home in Binghamton, NY?
The cheapest home for sale in Binghamton is priced at $10,039.

Living in Binghamton, NY

Binghamton, NY is a charming city in the Southern Tier known for its welcoming atmosphere and vibrant community. With a rich history, beautiful parks, and a variety of cultural activities, it is an ideal place for families and professionals alike. Education and outdoor activities are a highlight, making it a desirable location for residents.

Buyer vs Seller Market in Binghamton, NY

The real estate market in Binghamton has shown a steady increase in demand over the past year, driven by a growing interest from both local buyers and those relocating from larger cities. The median home prices have seen a slight uptick, reflecting the area's attractiveness and accessibility. This trend indicates a balanced market with ample opportunities for investment and growth.

In the past month, the housing market in Binghamton has remained competitive, with new listings averaging only a few days on the market before going under contract. Buyers are encouraged to act quickly, as the limited inventory continues to push prices upward. The overall market health is solid, indicating strong buyer interest.

Home Value Estimator For Binghamton, NY

There are currently 25,808 real estate properties in Binghamton, NY, with a median automated valuation model (AVM) price of $174,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Binghamton, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Binghamton, NY, is $219,459.00, with the most expensive house in Binghamton, NY, topping out at $87,577,936.00 and the cheapest home in Binghamton, NY, clocking in at $10,039.00. In other words, there’s something for every potential homebuyer or savvy investor in Binghamton, NY!

Rent Prices In Binghamton, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Binghamton, NY, is on a rollercoaster ride. The average rent price in Binghamton, NY, is $1,240.00. Indeed, when looking to rent in Binghamton, NY, you can expect to pay as little as $590.00 or as much as $4,020.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Binghamton, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Binghamton, NY Preforeclosure Homes


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