Local Market0 views · 1 answer

How competitive is the Binghamton housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
77/100
YoY Good Chance of Selling
Pending ratio
1.39
YoY contracts vs active
Inventory YoY
+0.1%
YoY active listings
Median DOM
45
YoY days on market
Price cuts
34.7%
YoY of active listings
Binghamton is competitive as of May 2026, with a Sold Score of 77/100 (Good Chance of Selling). **Pending ratio** is 1.39 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +13.4% — more choices for buyers than a year ago. **Median days on market** is 45. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 34.7% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 77/100 (Good Chance of Selling) · Pending ratio: 1.39 · Inventory YoY: +13.4% · Median days on market: 45 · Sellers cutting price: 34.7% · Median listing price: $227,000 (+8.1% YoY)

Binghamton snapshot

As of the latest 2026 data
Median listing
$227K
YoY +0.1%
Active inventory
338
YoY +0.1%
Median DOM
33
YoY -0.0%
Pending ratio
1.27
YoY -0.1%
Price-reduced
12.3%
YoY +0.0%

Related questions