Market Intelligence Report — NY-780

Binghamton, NY

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

Ref. No: 2026-NY-07
As of the latest 2026 data
Very Competitive

Median Listing

$224K
-0.3% YoY

Pending Ratio

1.15
-11.2% YoY

Active Inventory

382
+20.9% YoY

Median DOM

36 Days
-12.2% YoY

Primary Intelligence Tool — Sold Score™

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The Binghamton market is currently Very Competitive, evidenced by a pending ratio of 1.15, indicating strong demand absorption relative to available inventory. The median listing price stands at $224,300, a decrease of 1.2% month-over-month.

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

4.2%+0.3 pp YoY

Unemployment rate · Jun 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 increased significantly by 20.9% year-over-year, alongside a modest 3.4% year-over-year rise in new listings. Despite this inventory growth, the median days on market has contracted by 12.2% year-over-year to 36 days, suggesting that available properties are moving more quickly. The pending ratio, while high at 1.15, has seen a year-over-year decline of 11.2%, signaling a slight moderation in the pace of demand relative to the prior period. Median price per square foot has appreciated by 7.4% year-over-year.

Historical Analysis

Market Trends

Median Price

$224K-1.2% MoM

Active Inventory

382+20.9% YoY

Days on Market

36-12.2% YoY

Sold Score™

76-11.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

76
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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 elevated pending ratio of 1.15 suggests properties are being absorbed rapidly, placing upward pressure on the pace of transactions. With median days on market contracting and demand strongly outpacing current supply, buyers face a highly competitive environment. This scenario implies reduced opportunity for price discipline, as multiple offers and quick closings are more probable.

Luxury Segment

The average listing price of $316,959, compared to the median of $224,300, indicates a segment of properties listed at higher values. The average listing price has appreciated by 8.9% year-over-year, which outpaces the 0.3% year-over-year decline in the median listing price, suggesting a relative firming in the upper price tiers within this dataset.

Supply Dynamics

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

Pricing Pressure
12.8%

of active listings carry a price reduction, +0.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +7.4% year-over-year.

Absorption
1.15

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Binghamton, NY? Homes here are taking 5 days less to sell than 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
115%
Median Days on Market
36 days
Inventory YoY
+21%

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

Analysis FAQ
  • What is the current market condition in Binghamton?+

    As of the latest 2026 data, the Binghamton metro is classified as Very Competitive. Pending ratio is 1.15 with median days on market at 36.

  • Are home prices dropping in Binghamton?+

    Median listing price is $224K, -0.3% year over year. 12.8% of active listings carry a price reduction.

  • How fast are homes selling in Binghamton?+

    The typical listing sits 36 days on market, a -12.2% change YoY. New listings are arriving at 242 per month.

  • What's happening in the Binghamton luxury market?+

    The average listing price of $316,959, compared to the median of $224,300, indicates a segment of properties listed at higher values. The average listing price has appreciated by 8.9% year-over-year, which outpaces the 0.3% year-over-year decline in the median listing price, suggesting a relative firming in the upper price tiers within this dataset.

  • Where can I find a trusted Binghamton real estate expert?+

    Primpted maintains a vetted registry of Binghamton agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 13780 · 36mo history