Explore Similar Condos Within 25 Miles of Binghamton, NY
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Why Live in Binghamton



Binghamton's cultural scene thrives with the LUMA Projection Arts Festival, North America's largest projection mapping event, and six historic carousels that earned the city its "Carousel Capital of the World" nickname. The downtown area features the Roberson Museum and Science Center, showcasing art and local history exhibits, while the Anderson Center at Binghamton University brings diverse performing arts programming. Outdoor recreation spans across Otsiningo Park along the Chenango River and the Binghamton University Nature Preserve's hiking trails. The culinary landscape includes upscale dining at Remlik's Grille & Oyster Bar, Mediterranean cuisine at Citrea Restaurant, and the city's signature spiedie sandwiches celebrated at the annual Spiedie Fest and Balloon Rally.
The housing market in Binghamton presents diverse options across distinct neighborhoods. The median sale price for homes is $166,000, with single-family homes having a median price of $171,500. Downtown Binghamton commands the highest median single-family home prices at $350,000, while the West Side neighborhood shows median single-family prices of $167,500. Townhomes have a median price of $153,000, and condos range from $108,000 for one bedroom to $165,500 for two bedrooms.
Property taxes in Broome County have an effective rate of 2.64%, higher than nearby Scranton, Pennsylvania at 1.53%, but comparable to Syracuse at 2.59%. The New York State income tax rate is 4.00% for a yearly salary of $42,741.00. Educational options include highly rated private schools like Seton Catholic Central High School and St. James School, both rated A by Niche. BC Transit provides public transportation throughout the city, connecting to the Greater Binghamton Transportation Center for regional travel.
Home Trends in Binghamton, NY
On average, homes in Binghamton, NY sell after 42 days on the market compared to the national average of 50 days. The median sale price for homes in Binghamton, NY over the last 12 months is $168,000, up 1% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$168,000
Median Single Family Sale Price
$170,000
Median Townhouse Sale Price
$151,000
Median 2 Bedroom Sale Price
$165,000
Median 1 Bedroom Sale Price
$106,500
Average Price Per Sq Ft
$105
Number of Homes for Sale
102
Last 12 months Home Sales
532
Months of Supply
2.30
Median List Price
$172,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%