Market Intelligence Report — NY-780

Binghamton, NY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NY-09
As of the latest 2026 data
Very Competitive

Median Listing

$220K
+0.0% YoY

Pending Ratio

1.02
-23.8% YoY

Active Inventory

451
+29.4% YoY

Median DOM

48 Days
+2.7% YoY

Primary Intelligence Tool — Sold Score™

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Binghamton currently reflects a Very Competitive market condition, driven by a pending ratio of 1.02, indicating demand significantly outpaces available inventory. This robust absorption dynamic persists despite a substantial increase in active listings, which rose 29.4% year-over-year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.4%+0.0 pp YoY

Unemployment rate · Aug 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

243,189-0.1% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Binghamton market right now.

Active listings have expanded by 29.4% over the past year, reaching 451 units. New listings also saw an increase of 18.6% year-over-year, contributing to the supply side. Concurrently, the median listing price remained stable with a 0.0% year-over-year change, while the median $/sqft increased by 3.8% over the same period. The pending ratio, though declining 23.8% year-over-year, remains elevated, showcasing sustained demand.

Historical Analysis

Market Trends

Median Price

$220K-0.2% MoM

Active Inventory

451+29.4% YoY

Days on Market

48+2.7% YoY

Sold Score™

77-23.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

77
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The high pending ratio suggests that properties are moving quickly, creating an environment where demand exerts considerable pressure on the available supply. This pace often necessitates swift decision-making from prospective buyers and may limit opportunities for price negotiation. Inventory pressure is pronounced, implying that properties in desirable segments are likely to command asking prices with less flexibility.

Luxury Segment

The average listing price increased by 5.8% year-over-year to $303,021, outpacing the median listing price, which remained flat. However, without additional top-tier sales data or further granularity on price-per-square-foot at different price points, there is no distinct luxury-segment signal for softness in this dataset.

Supply Dynamics

451 active listings represent the current floor, with new supply arriving at roughly 242 per month.

Pricing Pressure
14.0%

of active listings carry a price reduction, +2.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.8% year-over-year.

Absorption
1.02

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Binghamton, NY? Inventory is up 29% from last year.

Demand in Binghamton, NY is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
102%
Median Days on Market
48 days
Inventory YoY
+29%

Demand is strong in Binghamton, NY. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Binghamton, NY
CBSA Code
13780
State
NY

ZIPs in Binghamton, NY

Sorted by active inventory · click a ZIP for its full report