BINGHAMTON Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Binghamton averaged 6.84% for the week of 2024-03-21, compared to the national average of 6.87% for the same period.

The average rate for the prior week (2024-03-14) was 6.91% and one month ago for the week of 2024-02-15, the average rate was 6.74%.

Binghamton's average rate one year ago was 6.77%.

For refis of the same type during the week of 2024-03-21, the average rate was 7.46%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-03-21 6.87%
Binghamton 30 Year Fixed Rate 2024-03-21 6.84%
Binghamton 30 Year Fixed Rate Refi 2024-03-21 7.46%
Binghamton 15 Year Fixed Rate 2024-03-21 6.21%
Binghamton 15 Year Fixed Rate Refi 2024-03-21 6.11%
Binghamton 30 Year FHA 2024-03-21 6.61%
Binghamton 30 Year FHA Refi 2024-03-21 6.8%
Binghamton 30 Year USDA 2024-03-21 6.67%
Binghamton 30 Year USDA Refi 2024-03-21 6.57%
Binghamton 30 Year VA 2024-03-21 6.63%
Binghamton 30 Year VA Refi 2024-03-21 6.74%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BINGHAMTON, NY.

BINGHAMTON Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the BINGHAMTON, NY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
HOMESTEAD FUNDING CORP. 230 6.62% $3,498
1ST PRIORITY MORTGAGE, INC. 85 6.69% $4,681
VISIONS 83 6.53% $3,520
M&T Bank 73 6.79% $4,633
QUICKEN LOANS, LLC 71 7.01% $6,893
SEFCU SERVICES, LLC 67 5.67% $3,764
Community Bank 52 7.01% $612
PARAGON HOME LOANS INC. 41 6.51% $4,877
JPMorgan Chase Bank 26 6.94% $4,609
Tompkins Trust Company 24 6.43% $3,196
NBT Bank 22 6.28% $3,478
Premium Mortgage Corporation 19 6.88% $4,243
UNITED WHOLESALE MORTGAGE, LLC 17 6.48% $8,897
KeyBank 15 7.13% $3,079
Wells Fargo Bank 15 7.03% $5,306
Citizens Bank 14 6.86% $4,285
Citizens & Northern Bank 13 6.89% $4,740
Empower Federal Credit Union 11 6.50% $2,667
A&D Mortgage LLC 10 8.72% $8,862
PLAZA HOME MORTGAGE, INC. 9 6.82% $7,290
CROSSCOUNTRY MORTGAGE, LLC 8 7.38% $6,241
NEWREZ LLC 7 7.00% $7,368
MOVEMENT MORTGAGE, LLC 7 6.66% $5,214
NAVY FEDERAL CREDIT UNION 6 6.90% $3,349
GHS Federal Credit Union 6 5.67% $3,416
AMERICAN FINANCIAL NETWORK, INC. 6 6.56% $6,706
CFCU Community Credit Union 5 6.48% $237
TD Bank 5 6.25% $4,062
CREDIT UNION MORTGAGE ASSOCIATION, INC. 5 6.18% $4,425
GUIDANCE RESIDENTIAL, LLC 4 7.13% $4,968
ROYAL UNITED MORTGAGE LLC 3 7.38% $5,792
Farm Credit East, ACA 3 7.52% $4,146
USAA Federal Savings Bank 3 7.25% $4,596
CORNING 3 6.71% $3,845
ABSOLUTE HOME MORTGAGE CORPORATION 3 7.00% $4,662
PENNYMAC LOAN SERVICES, LLC 3 6.87% $5,191
INTERSTATE HOME LOAN CENTER, INC. 2 8.25% $12,078
Ally Bank 2 6.00% $7,728
AMERICAN FINANCING CORPORATION 2 6.50% $6,299
CARDINAL FINANCIAL 2 7.81% $5,531
Chemung Canal Trust Company 2 5.81% $3,150
Citibank 2 6.00% $6,117
CMG MORTGAGE, INC. 2 7.31% $5,113
Discover Bank 2 7.17% $0
Flagstar Bank, FSB 2 6.88% $7,730
FM Home Loans, LLC 2 7.94% $7,625
GUARANTEED RATE, INC. 2 6.66% $3,693
LOANDEPOT.COM, LLC 2 6.56% $6,811
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 2 8.88% $8,451
MID-ISLAND MORTGAGE CORP. 2 7.25% $2,788
Morgan Stanley Private Bank 2 7.05% $3,983
Municipal Credit Union 2 5.75% $6,735
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.25% $7,415
Quontic Bank 2 8.56% $9,012
The Lyons National Bank 2 6.63% $3,489
UIF CORPORATION 2 6.62% $4,849
U.S. Bank 2 6.63% $2,854
Genesee Regional Bank 1 6.50% $4,380
21ST MORTGAGE CORPORATION 1 7.15% $6,179
NATIONWIDE MORTGAGE BANKERS, INC. 1 8.25% $8,853
FIRST HERITAGE FEDERAL CREDIT UNION 1 6.25% $3,628
NBKC BANK 1 6.63% $6,730
First Citizens Community Bank 1 7.63% $2,568
NETWORK CAPITAL FUNDING CORPORATION 1 7.63% $5,399
Farmers Bank & Trust 1 5.99% $3,939
NJ LENDERS CORP. 1 6.00% $4,213
Northpointe Bank 1 6.25% $7,402
Evolve Bank & Trust 1 6.13% $7,095
EMM LOANS LLC 1 8.13% $6,635
CONTOUR MORTGAGE CORPORATION 1 7.50% $4,948
PNC Bank 1 6.88% $3,493
POLISH & SLAVIC FEDERAL CREDIT UNION 1 6.50% $3,958
CLIFFCO, INC. 1 9.88% $14,068
US MORTGAGE CORPORATION 1 7.00% $10,902
City National Bank of Florida 1 6.50% $6,695
UTILITIES EMPLOYEES CREDIT UNION 1 6.50% $5,357
BOND STREET MORTGAGE, LLC 1 6.13% $8,380
Bethpage Federal Credit Union 1 7.38% $3,958
Berkshire Bank 1 6.25% $4,542
TEACHERS 1 5.63% $3,342
ALLIED MORTGAGE GROUP, INC. 1 6.63% $4,993
Barrington Bank & Trust Company, N.A. 1 7.88% $5,416
HUDSON VALLEY CREDIT UNION 1 6.38% $6,762
Heritage Bank 1 6.38% $3,231
Wayne Bank 1 6.38% $5,846
LYNX MORTGAGE BANK LLC 1 7.63% $3,431
UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 5.88% $6,736
Bank of America 1 7.38% $3,962
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.99% $4,956
Mortgage Research Center, LLC 1 6.63% $3,832
HARTFORD FUNDING, LTD. 1 8.13% $11,838
Mr. Cooper ( Nationstar Mortgage ) 1 7.63% $4,135

BINGHAMTON Average Closing Costs & Other Stats

BINGHAMTON, NY's 92 lenders originated 3,086 loans during 2023. The total origination value was $425,110,000, with an average loan value of $137,754.

BINGHAMTON's average closing costs are $3,727.

The top BINGHAMTON lender as defined by loan originations is HOMESTEAD FUNDING CORP., with 230 loans originated. Their average total fees are $3,498, which is $1,182 lower than the next largest lender, 1ST PRIORITY MORTGAGE, INC..

The lowest fee BINGHAMTON lenders (with over 10 loans originated) are Community Bank ($612), Empower Federal Credit Union ($2,667), KeyBank ($3,079), Tompkins Trust Company ($3,196) and NBT Bank ($3,478).

The lowest rate BINGHAMTON lenders (with over 10 loans originated) are SEFCU SERVICES, LLC (5.67%), NBT Bank (6.28%), Tompkins Trust Company (6.43%), UNITED WHOLESALE MORTGAGE, LLC (6.48%) and Empower Federal Credit Union (6.50%).

BINGHAMTON, NY Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
HOMESTEAD FUNDING CORP. $70,425,000 $58,190,000 -17.4% 13.7%
VISIONS $127,955,000 $41,760,000 -67.4% 9.8%
M&T Bank $43,940,000 $32,140,000 -26.9% 7.6%
QUICKEN LOANS, LLC $43,040,000 $30,760,000 -28.5% 7.2%
Tioga State Bank $25,340,000 $26,125,000 3.1% 6.1%
1ST PRIORITY MORTGAGE, INC. $13,225,000 $20,660,000 56.2% 4.9%
SEFCU SERVICES, LLC $16,140,000 $15,265,000 -5.4% 3.6%
PARAGON HOME LOANS INC. $9,210,000 $12,360,000 34.2% 2.9%
Community Bank $14,325,000 $11,815,000 -17.5% 2.8%
NBT Bank $14,035,000 $10,585,000 -24.6% 2.5%
Empower Federal Credit Union $12,915,000 $10,495,000 -18.7% 2.5%
Citizens Bank $11,800,000 $9,540,000 -19.2% 2.2%
STATE EMPLOYEES FEDERAL CREDIT UNION $10,355,000 $8,850,000 -14.5% 2.1%
Premium Mortgage Corporation $10,290,000 $7,790,000 -24.3% 1.8%
Tompkins Trust Company $2,325,000 $6,765,000 191.0% 1.6%
UNITED WHOLESALE MORTGAGE, LLC $5,555,000 $5,685,000 2.3% 1.3%
JPMorgan Chase Bank $3,445,000 $5,485,000 59.2% 1.3%
PLAZA HOME MORTGAGE, INC. $3,425,000 $5,210,000 52.1% 1.2%
Mortgage Research Center, LLC $5,775,000 $4,935,000 -14.5% 1.2%
Wells Fargo Bank $7,310,000 $4,840,000 -33.8% 1.1%
GREYSTONE SERVICING COMPANY LLC $4,715,000 n/a 1.1%
MOVEMENT MORTGAGE, LLC $5,620,000 $4,005,000 -28.7% 0.9%
Citizens & Northern Bank $6,425,000 $3,775,000 -41.2% 0.9%
NAVY FEDERAL CREDIT UNION $1,460,000 $3,530,000 141.8% 0.8%
KeyBank $6,850,000 $3,305,000 -51.8% 0.8%
NEWREZ LLC $690,000 $3,195,000 363.0% 0.8%
AMERICAN FINANCIAL NETWORK, INC. $2,845,000 n/a 0.7%
Chemung Canal Trust Company $6,215,000 $2,685,000 -56.8% 0.6%
A&D Mortgage LLC $1,055,000 $2,245,000 112.8% 0.5%
USAA Federal Savings Bank $3,025,000 $2,105,000 -30.4% 0.5%
Quontic Bank $2,615,000 $2,020,000 -22.8% 0.5%
Peoples Security Bank and Trust Company $2,990,000 $1,970,000 -34.1% 0.5%
CORNING $2,515,000 $1,805,000 -28.2% 0.4%
TD Bank $2,700,000 $1,795,000 -33.5% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $2,160,000 $1,780,000 -17.6% 0.4%
PENNYMAC LOAN SERVICES, LLC $85,000 $1,475,000 1,635.3% 0.3%
LIMA ONE CAPITAL, LLC $1,150,000 $1,415,000 23.0% 0.3%
LOANDEPOT.COM, LLC $4,675,000 $1,390,000 -70.3% 0.3%
UTILITIES EMPLOYEES CREDIT UNION $855,000 $1,335,000 56.1% 0.3%
CARDINAL FINANCIAL $2,190,000 $1,235,000 -43.6% 0.3%
21ST MORTGAGE CORPORATION $935,000 $1,195,000 27.8% 0.3%
PS Bank $905,000 $1,125,000 24.3% 0.3%
Bank of America $2,110,000 $1,115,000 -47.2% 0.3%
GHS Federal Credit Union $5,350,000 $1,100,000 -79.4% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $4,680,000 $1,095,000 -76.6% 0.3%
CFCU Community Credit Union $2,945,000 $1,075,000 -63.5% 0.3%
Discover Bank $190,000 $985,000 418.4% 0.2%
COREVEST AMERICAN FINANCE LENDER LLC $945,000 n/a 0.2%
SILVER HILL FUNDING, LLC $390,000 $915,000 134.6% 0.2%
First National Bank of Dryden $890,000 n/a 0.2%
PNC Bank $530,000 $885,000 67.0% 0.2%
FREEDOM MORTGAGE CORPORATION $4,385,000 $830,000 -81.1% 0.2%
GUIDANCE RESIDENTIAL, LLC $555,000 $830,000 49.5% 0.2%
The First National Bank of Groton $795,000 n/a 0.2%
ABSOLUTE HOME MORTGAGE CORPORATION $765,000 n/a 0.2%
Solvay Bank $755,000 n/a 0.2%
Farm Credit East, ACA $800,000 $740,000 -7.5% 0.2%
U.S. Bank $390,000 $740,000 89.7% 0.2%
Bethpage Federal Credit Union $580,000 $720,000 24.1% 0.2%
GUARANTEED RATE, INC. $510,000 $720,000 41.2% 0.2%
Carrington Mortgage Services, LLC $1,135,000 $700,000 -38.3% 0.2%
UIF CORPORATION $320,000 $665,000 107.8% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $95,000 $660,000 594.7% 0.2%
City National Bank of Florida $655,000 n/a 0.2%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $410,000 $655,000 59.8% 0.2%
Wayne Bank $1,360,000 $640,000 -52.9% 0.2%
NATIONWIDE MORTGAGE BANKERS, INC. $345,000 $570,000 65.2% 0.1%
AMERICAN FINANCING CORPORATION $105,000 $525,000 400.0% 0.1%
Northpointe Bank $115,000 $525,000 356.5% 0.1%
CLIFFCO, INC. $155,000 $520,000 235.5% 0.1%
Logan Finance Corporation $505,000 n/a 0.1%
The Gratz Bank $505,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $930,000 $500,000 -46.2% 0.1%
Morgan Stanley Private Bank $155,000 $480,000 209.7% 0.1%
BETTER MORTGAGE CORPORATION $1,035,000 $475,000 -54.1% 0.1%
FM Home Loans, LLC $475,000 n/a 0.1%
The Lyons National Bank $475,000 n/a 0.1%
US MORTGAGE CORPORATION $355,000 $475,000 33.8% 0.1%
ROYAL UNITED MORTGAGE LLC $1,530,000 $470,000 -69.3% 0.1%
INTERSTATE HOME LOAN CENTER, INC. $275,000 $460,000 67.3% 0.1%
LENDINGHOME FUNDING CORPORATION $1,650,000 $460,000 -72.1% 0.1%
RELIANCE FIRST CAPITAL, LLC $460,000 $445,000 -3.3% 0.1%
Municipal Credit Union $440,000 n/a 0.1%
Citibank $640,000 $435,000 -32.0% 0.1%
Ally Bank $270,000 $430,000 59.3% 0.1%
EMBRACE HOME LOANS, INC. $270,000 $420,000 55.6% 0.1%
TOTAL MORTGAGE SERVICES, LLC $1,035,000 $370,000 -64.3% 0.1%
NBKC BANK $175,000 $365,000 108.6% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $600,000 $360,000 -40.0% 0.1%
Berkshire Bank $325,000 n/a 0.1%
Farmers Bank & Trust $325,000 n/a 0.1%
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. $310,000 n/a 0.1%
Evolve Bank & Trust $725,000 $305,000 -57.9% 0.1%
Flagstar Bank, FSB $295,000 $300,000 1.7% 0.1%
HARTFORD FUNDING, LTD. $205,000 $300,000 46.3% 0.1%
FIRST HERITAGE FEDERAL CREDIT UNION $55,000 $290,000 427.3% 0.1%
MID-ISLAND MORTGAGE CORP. $290,000 n/a 0.1%
North American Savings Bank, F.S.B. $505,000 $265,000 -47.5% 0.1%
ALLIED MORTGAGE GROUP, INC. $260,000 n/a 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $260,000 n/a 0.1%
First Bank $250,000 n/a 0.1%
Cathay Bank $245,000 n/a 0.1%
FOUNDATION MORTGAGE CORPORATION $245,000 n/a 0.1%
CMG MORTGAGE, INC. $230,000 n/a 0.1%
HUDSON VALLEY CREDIT UNION $75,000 $220,000 193.3% 0.1%
TRIAD FINANCIAL SERVICES, INC. $245,000 $220,000 -10.2% 0.1%
BRIDGEVIEW MORTGAGE CORP. $215,000 n/a 0.1%
HOME TOWN FUNDING, INC. $215,000 n/a 0.1%
The Federal Savings Bank $855,000 $205,000 -76.0% 0.0%
Third Federal Savings and Loan Association of Cleveland $85,000 $200,000 135.3% 0.0%
BOND STREET MORTGAGE, LLC $195,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $405,000 $195,000 -51.9% 0.0%
Centier Bank $190,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $255,000 $175,000 -31.4% 0.0%
POLISH & SLAVIC FEDERAL CREDIT UNION $175,000 n/a 0.0%
Northwest Bank $165,000 n/a 0.0%
Northwest Federal Credit Union $95,000 $165,000 73.7% 0.0%
UNITED NORTHERN MORTGAGE BANKERS LIMITED $165,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $295,000 $160,000 -45.8% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $75,000 $155,000 106.7% 0.0%
Bank of England $600,000 $155,000 -74.2% 0.0%
Heritage Bank $155,000 n/a 0.0%
EMM LOANS LLC $145,000 n/a 0.0%
LYNX MORTGAGE BANK LLC $315,000 $145,000 -54.0% 0.0%
Truist $145,000 n/a 0.0%
Alternatives Federal Credit Union $105,000 $140,000 33.3% 0.0%
East Coast Capital Corp. $135,000 n/a 0.0%
First Citizens Community Bank $1,955,000 $135,000 -93.1% 0.0%
MLB RESIDENTIAL LENDING, LLC $195,000 $135,000 -30.8% 0.0%
EVERETT FINANCIAL, INC. $125,000 n/a 0.0%
TEACHERS $75,000 $125,000 66.7% 0.0%
Fifth Third Bank $115,000 n/a 0.0%
Genesee Regional Bank $925,000 $115,000 -87.6% 0.0%
SUMMIT MORTGAGE BANKERS INC. $115,000 n/a 0.0%
The Freedom Bank of Virginia $115,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $805,000 $95,000 -88.2% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $370,000 $95,000 -74.3% 0.0%
NJ LENDERS CORP. $105,000 $95,000 -9.5% 0.0%
AMERICAN HERITAGE LENDING, INC. $75,000 n/a 0.0%
Plains Commerce Bank $75,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $45,000 n/a 0.0%
The Honesdale National Bank $650,000 $45,000 -93.1% 0.0%
Deere Employees Credit Union $35,000 n/a 0.0%
SERVU FEDERAL CREDIT UNION $155,000 $35,000 -77.4% 0.0%
THE SUMMIT Federal Credit Union $105,000 $35,000 -66.7% 0.0%
Pathfinder Bank $2,575,000 $25,000 -99.0% 0.0%
SUFFOLK $25,000 n/a 0.0%

BINGHAMTON's top lender by overall market share is HOMESTEAD FUNDING CORP., with 13.7% market share. In second place, with 9.8%, is VISIONS, having originated $41,760,000 in loans. In third place, with 7.6%, is M&T Bank, having originated $32,140,000 in loans. In fourth place, with 7.2%, is QUICKEN LOANS, LLC, having originated $30,760,000 in loans. In fifth place, with 6.1%, is Tioga State Bank, having originated $26,125,000 in loans.


BINGHAMTON Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - BINGHAMTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $119,925 (4.3%) $150,928 (5.9%) 0.44 886
2018-02-01 $120,000 (3.5%) $152,506 (5.8%) 0.44 851
2018-03-01 $120,000 (3.1%) $157,511 (6.3%) 0.42 819
2018-04-01 $124,900 (2.0%) $157,203 (3.8%) 0.42 804
2018-05-01 $129,725 (3.2%) $166,797 (6.2%) 0.43 841
2018-06-01 $134,900 (7.1%) $170,234 (8.0%) 0.45 935
2018-07-01 $136,000 (6.3%) $170,264 (8.3%) 0.45 1,016
2018-08-01 $131,250 (2.6%) $165,203 (6.5%) 0.44 1,051
2018-09-01 $129,900 (3.9%) $162,459 (5.6%) 0.44 1,019
2018-10-01 $127,373 (1.9%) $160,132 (3.8%) 0.43 1,003
2018-11-01 $124,900 (0.0%) $158,417 (2.6%) 0.42 967
2018-12-01 $124,900 (0.0%) $160,215 (4.7%) 0.43 871
2019-01-01 $123,800 (3.2%) $160,014 (6.0%) 0.43 800
2019-02-01 $124,925 (4.1%) $160,215 (5.1%) 0.42 739
2019-03-01 $126,229 (5.2%) $161,094 (2.3%) 0.41 768
2019-04-01 $128,500 (2.9%) $163,761 (4.2%) 0.41 793
2019-05-01 $133,325 (2.8%) $169,827 (1.8%) 0.42 865
2019-06-01 $139,900 (3.7%) $175,321 (3.0%) 0.44 961
2019-07-01 $139,900 (2.9%) $175,027 (2.8%) 0.44 993
2019-08-01 $139,655 (6.4%) $173,155 (4.8%) 0.44 1,013
2019-09-01 $139,286 (7.2%) $173,364 (6.7%) 0.45 1,013
2019-10-01 $139,000 (9.1%) $173,468 (8.3%) 0.45 1,013
2019-11-01 $134,900 (8.0%) $169,805 (7.2%) 0.44 947
2019-12-01 $130,975 (4.9%) $167,619 (4.6%) 0.44 855
2020-01-01 $129,900 (4.9%) $167,581 (4.7%) 0.43 759
2020-02-01 $134,900 (8.0%) $171,708 (7.2%) 0.44 723
2020-03-01 $139,675 (10.7%) $178,085 (10.6%) 0.44 703
2020-04-01 $138,850 (8.1%) $177,486 (8.4%) 0.43 617
2020-05-01 $145,450 (9.1%) $188,599 (11.1%) 0.44 584
2020-06-01 $156,950 (12.2%) $201,460 (14.9%) 0.46 585
2020-07-01 $161,900 (15.7%) $203,996 (16.6%) 0.47 546
2020-08-01 $159,900 (14.5%) $210,170 (21.4%) 0.46 549
2020-09-01 $159,000 (14.2%) $211,813 (22.2%) 0.46 550
2020-10-01 $153,500 (10.4%) $210,136 (21.1%) 0.44 551
2020-11-01 $149,725 (11.0%) $220,103 (29.6%) 0.44 514
2020-12-01 $149,000 (13.8%) $220,087 (31.3%) 0.44 454
2021-01-01 $139,900 (7.7%) $224,287 (33.8%) 0.42 398
2021-02-01 $142,400 (5.6%) $245,266 (42.8%) 0.41 326
2021-03-01 $154,675 (10.7%) $260,215 (46.1%) 0.44 300
2021-04-01 $172,400 (24.2%) $272,190 (53.4%) 0.47 276
2021-05-01 $189,900 (30.6%) $251,582 (33.4%) 0.50 301
2021-06-01 $189,175 (20.5%) $248,040 (23.1%) 0.50 347
2021-07-01 $187,000 (15.5%) $249,919 (22.5%) 0.49 384
2021-08-01 $182,675 (14.2%) $251,725 (19.8%) 0.49 413
2021-09-01 $166,750 (4.9%) $246,447 (16.4%) 0.44 423
2021-10-01 $159,000 (3.6%) $239,422 (13.9%) 0.42 431
2021-11-01 $157,875 (5.4%) $240,070 (9.1%) 0.42 407
2021-12-01 $155,200 (4.2%) $234,119 (6.4%) 0.42 369
2022-01-01 $154,900 (10.7%) $237,635 (6.0%) 0.42 306
2022-02-01 $163,450 (14.8%) $251,103 (2.4%) 0.43 252
2022-03-01 $165,000 (6.7%) $260,260 (0.0%) 0.41 261
2022-04-01 $173,700 (0.8%) $268,651 (-1.3%) 0.41 259
2022-05-01 $197,750 (4.1%) $276,456 (9.9%) 0.45 280
2022-06-01 $187,450 (-0.9%) $261,327 (5.4%) 0.42 324
2022-07-01 $190,000 (1.6%) $262,011 (4.8%) 0.43 375
2022-08-01 $185,450 (1.5%) $256,256 (1.8%) 0.43 382
2022-09-01 $192,425 (15.4%) $259,932 (5.5%) 0.45 372
2022-10-01 $210,000 (32.1%) $263,548 (10.1%) 0.49 366
2022-11-01 $204,500 (29.5%) $269,053 (12.1%) 0.49 360
2022-12-01 $199,900 (28.8%) $268,989 (14.9%) 0.49 336
2023-01-01 $177,000 (14.3%) $257,154 (8.2%) 0.44 292
2023-02-01 $184,450 (12.9%) $265,557 (5.8%) 0.45 266
2023-03-01 $186,875 (13.3%) $272,817 (4.8%) 0.44 241
2023-04-01 $209,450 (20.6%) $292,762 (9.0%) 0.49 219
2023-05-01 $192,000 (-2.9%) $287,550 (4.0%) 0.44 225
2023-06-01 $199,974 (6.7%) $288,624 (10.5%) 0.45 248
2023-07-01 $199,000 (4.7%) $286,148 (9.2%) 0.45 260
2023-08-01 $198,500 (7.0%) $279,941 (9.2%) 0.46 270
2023-09-01 $189,900 (-1.3%) $270,617 (4.1%) 0.44 305
2023-10-01 $189,450 (-9.8%) $260,826 (-1.0%) 0.45 336
2023-11-01 $182,225 (-10.9%) $257,073 (-4.5%) 0.43 322
2023-12-01 $179,000 (-10.5%) $253,528 (-5.8%) 0.44 291
2024-01-01 $164,450 (-7.1%) $245,452 (-4.6%) 0.40 264
2024-02-01 $169,000 (-8.4%) $254,305 (-4.2%) 0.41 228
BINGHAMTON's median listing price for 2024-02-01 was $169,000, a difference of $-15,450 (-8.4%) versus the prior year and $4,550 versus the prior month.

BINGHAMTON's median listing price comes in at 41% of the national average.

BINGHAMTON's average listing price for 2024-02-01 was $254,305, a difference of $-11,252 (-4.2%) versus the prior year and $8,853 versus the prior month.

For the 2024-02-01 period, BINGHAMTON had 228 MLS listings, a difference of -36 listings (-14%) versus the prior month and -38 listings (-14%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - BINGHAMTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 103 days 1,751 sqft
2018-02-01 103 days 1,754 sqft
2018-03-01 99 days 1,769 sqft
2018-04-01 77 days 1,799 sqft
2018-05-01 64 days 1,824 sqft
2018-06-01 57 days 1,827 sqft
2018-07-01 61 days 1,854 sqft
2018-08-01 66 days 1,813 sqft
2018-09-01 74 days 1,800 sqft
2018-10-01 79 days 1,785 sqft
2018-11-01 77 days 1,762 sqft
2018-12-01 85 days 1,743 sqft
2019-01-01 95 days 1,726 sqft
2019-02-01 100 days 1,752 sqft
2019-03-01 83 days 1,773 sqft
2019-04-01 63 days 1,808 sqft
2019-05-01 60 days 1,850 sqft
2019-06-01 57 days 1,851 sqft
2019-07-01 59 days 1,812 sqft
2019-08-01 64 days 1,825 sqft
2019-09-01 71 days 1,845 sqft
2019-10-01 77 days 1,858 sqft
2019-11-01 80 days 1,824 sqft
2019-12-01 92 days 1,807 sqft
2020-01-01 95 days 1,807 sqft
2020-02-01 96 days 1,852 sqft
2020-03-01 79 days 1,875 sqft
2020-04-01 86 days 1,860 sqft
2020-05-01 92 days 1,864 sqft
2020-06-01 71 days 1,942 sqft
2020-07-01 42 days 1,935 sqft
2020-08-01 46 days 1,878 sqft
2020-09-01 47 days 1,950 sqft
2020-10-01 52 days 1,872 sqft
2020-11-01 60 days 1,879 sqft
2020-12-01 73 days 1,801 sqft
2021-01-01 86 days 1,744 sqft
2021-02-01 93 days 1,800 sqft
2021-03-01 59 days 1,864 sqft
2021-04-01 38 days 1,869 sqft
2021-05-01 31 days 1,880 sqft
2021-06-01 30 days 1,862 sqft
2021-07-01 33 days 1,874 sqft
2021-08-01 38 days 1,858 sqft
2021-09-01 41 days 1,838 sqft
2021-10-01 47 days 1,806 sqft
2021-11-01 56 days 1,815 sqft
2021-12-01 64 days 1,770 sqft
2022-01-01 77 days 1,761 sqft
2022-02-01 78 days 1,868 sqft
2022-03-01 49 days 1,870 sqft
2022-04-01 46 days 1,832 sqft
2022-05-01 41 days 1,928 sqft
2022-06-01 31 days 1,872 sqft
2022-07-01 35 days 1,862 sqft
2022-08-01 42 days 1,808 sqft
2022-09-01 51 days 1,821 sqft
2022-10-01 51 days 1,872 sqft
2022-11-01 52 days 1,882 sqft
2022-12-01 67 days 1,924 sqft
2023-01-01 81 days 1,812 sqft
2023-02-01 81 days 1,862 sqft
2023-03-01 60 days 1,888 sqft
2023-04-01 42 days 1,903 sqft
2023-05-01 37 days 1,873 sqft
2023-06-01 35 days 1,880 sqft
2023-07-01 37 days 1,858 sqft
2023-08-01 39 days 1,828 sqft
2023-09-01 36 days 1,744 sqft
2023-10-01 42 days 1,735 sqft
2023-11-01 47 days 1,720 sqft
2023-12-01 58 days 1,704 sqft
2024-01-01 64 days 1,690 sqft
2024-02-01 71 days 1,638 sqft
BINGHAMTON's median listing age (time on market) for 2024-02-01 was 71 days. This is -12% shorter than the same period one year ago.

BINGHAMTON's median square footage for active listings during the 2024-02-01 period was 1,638 sqft. One year prior, the average listing was 1,862 sqft.

BINGHAMTON, NY Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
13730 Binghamton, NY MSA $620 $650 $830 $1,080 $1,170
13732 Binghamton, NY MSA $690 $720 $920 $1,200 $1,300
13734 Binghamton, NY MSA $730 $760 $970 $1,260 $1,370
13736 Binghamton, NY MSA $950 $1,020 $1,230 $1,570 $1,670
13737 Binghamton, NY MSA $730 $760 $970 $1,270 $1,370
13743 Binghamton, NY MSA $650 $680 $860 $1,130 $1,220
13744 Binghamton, NY MSA $700 $730 $930 $1,220 $1,320
13745 Binghamton, NY MSA $730 $760 $970 $1,270 $1,370
13746 Binghamton, NY MSA $680 $720 $910 $1,190 $1,290
13748 Binghamton, NY MSA $1,020 $1,060 $1,350 $1,770 $1,910
13749 Binghamton, NY MSA $730 $760 $970 $1,270 $1,370
13754 Binghamton, NY MSA $680 $710 $900 $1,180 $1,280
13760 Binghamton, NY MSA $710 $750 $950 $1,240 $1,350
13761 Binghamton, NY MSA $730 $760 $970 $1,270 $1,370
13762 Binghamton, NY MSA $730 $760 $970 $1,270 $1,370
13777 Binghamton, NY MSA $720 $760 $960 $1,260 $1,360
13778 Binghamton, NY MSA $620 $650 $830 $1,090 $1,180
13783 Binghamton, NY MSA $730 $760 $970 $1,270 $1,370
13787 Binghamton, NY MSA $620 $650 $830 $1,080 $1,170
13790 Binghamton, NY MSA $770 $810 $1,030 $1,350 $1,460
13794 Binghamton, NY MSA $730 $760 $970 $1,280 $1,380
13795 Binghamton, NY MSA $770 $810 $1,030 $1,350 $1,460
13797 Binghamton, NY MSA $750 $790 $1,000 $1,310 $1,420
13802 Binghamton, NY MSA $720 $750 $960 $1,250 $1,360
13803 Binghamton, NY MSA $730 $760 $970 $1,270 $1,370
13811 Binghamton, NY MSA $650 $680 $870 $1,140 $1,230
13812 Binghamton, NY MSA $770 $800 $1,020 $1,330 $1,450
13813 Binghamton, NY MSA $630 $660 $850 $1,100 $1,190
13826 Binghamton, NY MSA $730 $760 $970 $1,270 $1,370
13827 Binghamton, NY MSA $720 $760 $960 $1,260 $1,360
13833 Binghamton, NY MSA $890 $930 $1,180 $1,540 $1,670
13835 Binghamton, NY MSA $690 $720 $920 $1,200 $1,300
13840 Binghamton, NY MSA $710 $750 $950 $1,240 $1,350
13845 Binghamton, NY MSA $710 $750 $950 $1,240 $1,350
13848 Binghamton, NY MSA $730 $760 $970 $1,270 $1,370
13850 Binghamton, NY MSA $860 $900 $1,140 $1,490 $1,620
13851 Binghamton, NY MSA $730 $760 $970 $1,270 $1,370
13862 Binghamton, NY MSA $670 $700 $890 $1,160 $1,260
13863 Binghamton, NY MSA $730 $760 $970 $1,270 $1,370
13864 Binghamton, NY MSA $950 $1,020 $1,230 $1,570 $1,670
13865 Binghamton, NY MSA $620 $650 $830 $1,080 $1,170
13901 Binghamton, NY MSA $700 $730 $930 $1,220 $1,320
13902 Binghamton, NY MSA $730 $760 $970 $1,270 $1,380
13903 Binghamton, NY MSA $710 $740 $940 $1,230 $1,330
13904 Binghamton, NY MSA $710 $740 $940 $1,230 $1,330
13905 Binghamton, NY MSA $740 $780 $990 $1,300 $1,400
14817 Binghamton, NY MSA $1,040 $1,120 $1,310 $1,660 $1,760
14859 Binghamton, NY MSA $780 $800 $1,010 $1,310 $1,430
14883 Binghamton, NY MSA $950 $1,020 $1,230 $1,570 $1,670
14889 Binghamton, NY MSA $880 $880 $1,130 $1,450 $1,610
14892 Binghamton, NY MSA $690 $720 $920 $1,200 $1,300

2022 Average & Median Rent Data Statistics
BINGHAMTON, NY average 1BR rent: $779, median: $760
BINGHAMTON, NY average 2BR rent: $986, median: $970
BINGHAMTON, NY average 3BR rent: $1,286, median: $1,270

BINGHAMTON, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,811 $303,165,000 $167,402
Home Improvement 507 $35,025,000 $69,083
Cash Out Refi 277 $39,185,000 $141,462
Other 276 $18,690,000 $67,717
Refi 215 $29,045,000 $135,093

Binghamton's most frequently cited loan purpose was Home Purchase, with 1,811 originations. The 2nd most popular reason was Home Improvement, with 507 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,201 $175,165,000 $145,849
7-8% 646 $88,410,000 $136,858
Over 8% 394 $40,010,000 $101,548
5-6% 368 $61,590,000 $167,364
<2.5% 185 $13,935,000 $75,324
4-5% 43 $8,185,000 $190,349
3-4% 19 $1,925,000 $101,316
2.5-3% 4 $470,000 $117,500

During 2023, Binghamton's most frequently originated rate bucket was 6-7%, with 1,201 originations.

Loan Sizing (BINGHAMTON, NY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,294 $184,500,000 $142,581
$100,000 or less 1,246 $74,250,000 $59,591
$200k-400k 485 $127,725,000 $263,351
$400k-600k 41 $19,565,000 $477,195
$600k-1000k 16 $12,050,000 $753,125
$Over $1MM 4 $7,020,000 $1,755,000

BINGHAMTON's loan sizing saw the bucket of loans from $100k-200k with 1,294 originations, totaling $184,500,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,241 $216,085,000 $174,122
60-80% 622 $103,450,000 $166,318
20-40% 442 $28,430,000 $64,321
40-60% 275 $32,295,000 $117,436
Under 20% 257 $8,565,000 $33,327
Over 100% 19 $5,315,000 $279,737

BINGHAMTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,241 originations, totaling $216,085,000 in origination value.