BINGHAMTON Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Binghamton averaged
6.69%
for the week of 2022-12-01, compared to the national average of
6.49% for the same period.
The average rate for the prior week (2022-11-23) was
6.88% and
one month ago for the week of 2022-10-27, the
average rate was 7.38%.
Binghamton's average rate one year ago was 3.22%.
For refis of the same type during the week of 2022-12-01, the average rate
was 6.79%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-12-01 | 6.49% |
| Binghamton 30 Year Fixed Rate | 2022-12-01 | 6.69% |
| Binghamton 30 Year Fixed Rate Refi | 2022-12-01 | 6.79% |
| Binghamton 15 Year Fixed Rate | 2022-12-01 | 6.42% |
| Binghamton 15 Year Fixed Rate Refi | 2022-12-01 | 6.17% |
| Binghamton 30 Year FHA | 2022-12-01 | 6.29% |
| Binghamton 30 Year FHA Refi | 2022-12-01 | 6.79% |
| Binghamton 30 Year USDA | 2022-12-01 | 6.8% |
| Binghamton 30 Year USDA Refi | 2022-12-01 | 6.51% |
| Binghamton 30 Year VA | 2022-12-01 | 6.66% |
| Binghamton 30 Year VA Refi | 2022-12-01 | 6.57% |
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.).
BINGHAMTON Average Closing Costs & Other Stats
BINGHAMTON, NY's 99 lenders originated 5,631
loans during 2021. The total origination value was $810,205,000, with an average loan value of
$143,883.
BINGHAMTON's average closing costs are $3,236.
The top BINGHAMTON lender as defined by loan originations is VISIONS, with
616 loans originated. Their average total fees are
$2,283, which is $933
lower than the next largest lender,
HOMESTEAD FUNDING CORP..
The lowest fee BINGHAMTON lenders (with over 10 loans originated) are
Community Bank ($370), Elmira Savings Bank ($1,382), CFCU Community Credit Union ($1,393), Chemung Canal Trust Company ($1,958) and KeyBank ($2,101).
The lowest rate BINGHAMTON lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (2.95%), NBT Bank (2.96%), 1ST PRIORITY MORTGAGE, INC. (2.99%), Elmira Savings Bank (3.02%) and PARAGON HOME LOANS INC. (3.04%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| VISIONS | $146,570,000 | $157,540,000 | 7.5% | 19.4% |
| HOMESTEAD FUNDING CORP. | $69,515,000 | $87,300,000 | 25.6% | 10.8% |
| QUICKEN LOANS, LLC | $51,315,000 | $80,045,000 | 56.0% | 9.9% |
| Manufacturers and Traders Trust Company | $52,700,000 | $54,980,000 | 4.3% | 6.8% |
| Tioga State Bank | $32,980,000 | $35,165,000 | 6.6% | 4.3% |
| Capital One | $21,995,000 | $29,205,000 | 32.8% | 3.6% |
| PARAGON HOME LOANS INC. | $20,290,000 | $22,470,000 | 10.7% | 2.8% |
| 1ST PRIORITY MORTGAGE, INC. | $15,670,000 | $21,140,000 | 34.9% | 2.6% |
| Santander Bank, N.A. | $115,000 | $19,580,000 | 16,926.1% | 2.4% |
| Wells Fargo Bank | $5,885,000 | $18,670,000 | 217.2% | 2.3% |
| SEFCU SERVICES, LLC | $13,880,000 | $17,950,000 | 29.3% | 2.2% |
| NBT Bank | $13,650,000 | $15,665,000 | 14.8% | 1.9% |
| Elmira Savings Bank | $13,785,000 | $14,795,000 | 7.3% | 1.8% |
| Citizens Bank | $9,315,000 | $12,680,000 | 36.1% | 1.6% |
| MOVEMENT MORTGAGE, LLC | $14,780,000 | $12,305,000 | -16.7% | 1.5% |
| PLAZA HOME MORTGAGE, INC. | $10,885,000 | $11,370,000 | 4.5% | 1.4% |
| KeyBank | $8,465,000 | $10,845,000 | 28.1% | 1.3% |
| Community Bank | $6,930,000 | $10,035,000 | 44.8% | 1.2% |
| Empower Federal Credit Union | $4,350,000 | $8,630,000 | 98.4% | 1.1% |
| Chemung Canal Trust Company | $8,545,000 | n/a | 1.1% | |
| STATE EMPLOYEES FEDERAL CREDIT UNION | $6,490,000 | $8,545,000 | 31.7% | 1.1% |
| Tompkins Trust Company | $2,195,000 | $8,305,000 | 278.4% | 1.0% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,455,000 | $7,855,000 | 44.0% | 1.0% |
| Citizens & Northern Bank | $6,990,000 | $6,480,000 | -7.3% | 0.8% |
| LOANDEPOT.COM, LLC | $4,730,000 | $6,380,000 | 34.9% | 0.8% |
| Premium Mortgage Corporation | $560,000 | $6,310,000 | 1,026.8% | 0.8% |
| Mortgage Research Center, LLC | $2,935,000 | $5,775,000 | 96.8% | 0.7% |
| CFCU Community Credit Union | $3,565,000 | $5,200,000 | 45.9% | 0.6% |
| GHS Federal Credit Union | $3,135,000 | $4,910,000 | 56.6% | 0.6% |
| JPMorgan Chase Bank | $2,010,000 | $4,910,000 | 144.3% | 0.6% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,715,000 | $4,585,000 | 68.9% | 0.6% |
| Peoples Security Bank and Trust Company | $3,185,000 | $4,495,000 | 41.1% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $1,275,000 | $4,400,000 | 245.1% | 0.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,750,000 | $3,900,000 | 122.9% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $2,560,000 | $3,840,000 | 50.0% | 0.5% |
| CALIBER HOME LOANS, INC. | $2,440,000 | $3,135,000 | 28.5% | 0.4% |
| COREVEST AMERICAN FINANCE LENDER LLC | $4,925,000 | $2,995,000 | -39.2% | 0.4% |
| Bank of America | $2,095,000 | $2,805,000 | 33.9% | 0.3% |
| GREYSTONE SERVICING COMPANY LLC | $2,535,000 | n/a | 0.3% | |
| BETTER MORTGAGE CORPORATION | $310,000 | $2,475,000 | 698.4% | 0.3% |
| USAA Federal Savings Bank | $2,440,000 | $2,355,000 | -3.5% | 0.3% |
| NEWREZ LLC | $985,000 | $2,195,000 | 122.8% | 0.3% |
| CORNING | $3,185,000 | $1,985,000 | -37.7% | 0.2% |
| The Upstate National Bank | $1,680,000 | n/a | 0.2% | |
| 21ST MORTGAGE CORPORATION | $1,205,000 | $1,660,000 | 37.8% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $955,000 | $1,650,000 | 72.8% | 0.2% |
| Arbor Realty Trust, Inc. | $1,605,000 | n/a | 0.2% | |
| HOME POINT FINANCIAL CORPORATION | $920,000 | $1,515,000 | 64.7% | 0.2% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $1,490,000 | n/a | 0.2% | |
| RELIANCE FIRST CAPITAL, LLC | $295,000 | $1,395,000 | 372.9% | 0.2% |
| Quontic Bank | $105,000 | $1,325,000 | 1,161.9% | 0.2% |
| TD Bank | $1,585,000 | $1,310,000 | -17.4% | 0.2% |
| AMERICAN FINANCING CORPORATION | $410,000 | $1,295,000 | 215.9% | 0.2% |
| NBKC BANK | $390,000 | $1,295,000 | 232.1% | 0.2% |
| CCFCU FUNDING, LLC | $965,000 | $1,225,000 | 26.9% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $220,000 | $1,200,000 | 445.5% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,430,000 | $1,195,000 | -16.4% | 0.1% |
| Farm Credit East, ACA | $75,000 | $1,180,000 | 1,473.3% | 0.1% |
| UNITED MORTGAGE CORP. | $200,000 | $1,105,000 | 452.5% | 0.1% |
| Carrington Mortgage Services, LLC | $935,000 | $1,070,000 | 14.4% | 0.1% |
| RESIDENTIAL MORTGAGE SERVICES, INC. | $2,005,000 | $1,060,000 | -47.1% | 0.1% |
| GUARANTEED RATE, INC. | $245,000 | $1,005,000 | 310.2% | 0.1% |
| First Citizens Community Bank | $800,000 | $980,000 | 22.5% | 0.1% |
| A&D Mortgage LLC | $960,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $670,000 | $945,000 | 41.0% | 0.1% |
| The Huntington National Bank | $370,000 | $840,000 | 127.0% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $250,000 | $815,000 | 226.0% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $180,000 | $795,000 | 341.7% | 0.1% |
| CONTOUR MORTGAGE CORPORATION | $495,000 | $770,000 | 55.6% | 0.1% |
| MORTGAGE ACCESS CORP. | $760,000 | n/a | 0.1% | |
| U.S. Bank | $470,000 | $730,000 | 55.3% | 0.1% |
| Bethpage Federal Credit Union | $510,000 | $650,000 | 27.5% | 0.1% |
| EMBRACE HOME LOANS, INC. | $360,000 | $640,000 | 77.8% | 0.1% |
| FIRST HERITAGE FEDERAL CREDIT UNION | $430,000 | $640,000 | 48.8% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $480,000 | $635,000 | 32.3% | 0.1% |
| The Lyons National Bank | $365,000 | $620,000 | 69.9% | 0.1% |
| Luxury Mortgage Corp. | $615,000 | n/a | 0.1% | |
| Citibank | $605,000 | n/a | 0.1% | |
| Flagstar Bank, FSB | $380,000 | $595,000 | 56.6% | 0.1% |
| Wayne Bank | $730,000 | $545,000 | -25.3% | 0.1% |
| Colonial Savings, F.A. | $105,000 | $510,000 | 385.7% | 0.1% |
| PS Bank | $850,000 | $480,000 | -43.5% | 0.1% |
| FNCB Bank | $460,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $320,000 | $445,000 | 39.1% | 0.1% |
| First Savings Bank | $435,000 | n/a | 0.1% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $435,000 | n/a | 0.1% | |
| THE SUMMIT Federal Credit Union | $55,000 | $410,000 | 645.5% | 0.1% |
| InterContinental Capital Group, Inc | $805,000 | $405,000 | -49.7% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $320,000 | $405,000 | 26.6% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $395,000 | n/a | 0.0% | |
| AMERICU Credit Union | $190,000 | $390,000 | 105.3% | 0.0% |
| Discover Bank | $565,000 | $380,000 | -32.7% | 0.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $710,000 | $380,000 | -46.5% | 0.0% |
| Genesee Regional Bank | $55,000 | $380,000 | 590.9% | 0.0% |
| OWNERSCHOICE FUNDING, INCORPORATED | $620,000 | $360,000 | -41.9% | 0.0% |
| LIMA ONE CAPITAL, LLC | $65,000 | $350,000 | 438.5% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $115,000 | $345,000 | 200.0% | 0.0% |
| Magnolia Bank | $480,000 | $340,000 | -29.2% | 0.0% |
| Metro City Bank | $265,000 | $340,000 | 28.3% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $115,000 | $330,000 | 187.0% | 0.0% |
| Commerce Bank | $315,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $655,000 | $310,000 | -52.7% | 0.0% |
| UBS Bank USA | $295,000 | n/a | 0.0% | |
| TIAA, FSB | $290,000 | n/a | 0.0% | |
| Bank of England | $870,000 | $280,000 | -67.8% | 0.0% |
| TEACHERS | $150,000 | $260,000 | 73.3% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $220,000 | $240,000 | 9.1% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $220,000 | $240,000 | 9.1% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $235,000 | n/a | 0.0% | |
| FM Home Loans, LLC | $350,000 | $235,000 | -32.9% | 0.0% |
| MLD MORTGAGE INC. | $85,000 | $225,000 | 164.7% | 0.0% |
| US MORTGAGE CORPORATION | $220,000 | n/a | 0.0% | |
| UTILITIES EMPLOYEES CREDIT UNION | $65,000 | $200,000 | 207.7% | 0.0% |
| MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. | $195,000 | n/a | 0.0% | |
| Northpointe Bank | $185,000 | $195,000 | 5.4% | 0.0% |
| Presidential Bank, FSB | $195,000 | n/a | 0.0% | |
| SERVU FEDERAL CREDIT UNION | $195,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $185,000 | $190,000 | 2.7% | 0.0% |
| Alternatives Federal Credit Union | $185,000 | n/a | 0.0% | |
| PNC Bank | $460,000 | $175,000 | -62.0% | 0.0% |
| Ulster Savings Bank | $95,000 | $175,000 | 84.2% | 0.0% |
| SUNMARK FEDERAL CREDIT UNION | $85,000 | $165,000 | 94.1% | 0.0% |
| CLIFFCO, INC. | $85,000 | $155,000 | 82.4% | 0.0% |
| First Guaranty Mortgage Corporation | $155,000 | n/a | 0.0% | |
| Northwest Bank | $215,000 | $155,000 | -27.9% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $145,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $135,000 | n/a | 0.0% | |
| HUNT MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $135,000 | n/a | 0.0% | |
| BNC National Bank | $125,000 | n/a | 0.0% | |
| City National Bank of Florida | $125,000 | n/a | 0.0% | |
| Five Star Bank | $175,000 | $125,000 | -28.6% | 0.0% |
| NJ LENDERS CORP. | $125,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $15,000 | $125,000 | 733.3% | 0.0% |
| Toyota Financial Savings Bank | $125,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $115,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $235,000 | $115,000 | -51.1% | 0.0% |
| DIGITAL Federal Credit Union | $115,000 | n/a | 0.0% | |
| FAMILY FIRST FUNDING LLC | $115,000 | n/a | 0.0% | |
| NP, Inc. | $115,000 | n/a | 0.0% | |
| FAY SERVICING, LLC | $105,000 | n/a | 0.0% | |
| HOME TOWN FUNDING, INC. | $75,000 | $105,000 | 40.0% | 0.0% |
| JET DIRECT FUNDING CORP | $105,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $95,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $65,000 | $90,000 | 38.5% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $85,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $85,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $85,000 | n/a | 0.0% | |
| Centennial Bank | $75,000 | n/a | 0.0% | |
| POLISH & SLAVIC FEDERAL CREDIT UNION | $165,000 | $75,000 | -54.5% | 0.0% |
| RESIDENTIAL HOME FUNDING CORP. | $75,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $55,000 | n/a | 0.0% |
BINGHAMTON's top lender by overall market share is VISIONS, with 19.4% market share. In second place, with 10.8%, is HOMESTEAD FUNDING CORP., having originated $87,300,000 in loans. In third place, with 9.9%, is QUICKEN LOANS, LLC, having originated $80,045,000 in loans. In fourth place, with 6.8%, is Manufacturers and Traders Trust Company, having originated $54,980,000 in loans. In fifth place, with 4.3%, is Tioga State Bank, having originated $35,165,000 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 | $120,000 (4.4%) | $151,158 (5.7%) | 0.44 | 890 |
| 2018-02-01 | $120,000 (2.8%) | $152,736 (5.7%) | 0.44 | 855 |
| 2018-03-01 | $120,000 (2.2%) | $157,514 (6.0%) | 0.42 | 822 |
| 2018-04-01 | $124,900 (0.7%) | $157,216 (3.6%) | 0.42 | 806 |
| 2018-05-01 | $129,938 (3.0%) | $166,881 (6.1%) | 0.43 | 842 |
| 2018-06-01 | $134,900 (6.8%) | $170,274 (7.8%) | 0.45 | 936 |
| 2018-07-01 | $136,125 (5.6%) | $170,257 (8.0%) | 0.45 | 1,017 |
| 2018-08-01 | $131,750 (2.6%) | $165,215 (6.4%) | 0.44 | 1,051 |
| 2018-09-01 | $129,900 (3.9%) | $162,440 (5.6%) | 0.44 | 1,019 |
| 2018-10-01 | $127,373 (1.9%) | $160,112 (3.7%) | 0.43 | 1,002 |
| 2018-11-01 | $124,900 (0.0%) | $158,345 (2.4%) | 0.42 | 966 |
| 2018-12-01 | $124,900 (0.0%) | $160,137 (4.4%) | 0.43 | 870 |
| 2019-01-01 | $123,700 (3.1%) | $159,929 (5.8%) | 0.43 | 799 |
| 2019-02-01 | $124,900 (4.1%) | $160,170 (4.9%) | 0.42 | 739 |
| 2019-03-01 | $126,229 (5.2%) | $161,094 (2.3%) | 0.41 | 768 |
| 2019-04-01 | $128,500 (2.9%) | $163,758 (4.2%) | 0.41 | 793 |
| 2019-05-01 | $133,325 (2.6%) | $169,827 (1.8%) | 0.42 | 865 |
| 2019-06-01 | $139,900 (3.7%) | $175,321 (3.0%) | 0.44 | 962 |
| 2019-07-01 | $139,900 (2.8%) | $174,879 (2.7%) | 0.44 | 993 |
| 2019-08-01 | $139,641 (6.0%) | $172,990 (4.7%) | 0.44 | 1,014 |
| 2019-09-01 | $139,252 (7.2%) | $173,170 (6.6%) | 0.45 | 1,014 |
| 2019-10-01 | $138,975 (9.1%) | $173,256 (8.2%) | 0.45 | 1,015 |
| 2019-11-01 | $134,900 (8.0%) | $169,581 (7.1%) | 0.44 | 949 |
| 2019-12-01 | $129,950 (4.0%) | $167,158 (4.4%) | 0.43 | 858 |
| 2020-01-01 | $129,900 (5.0%) | $167,071 (4.5%) | 0.43 | 763 |
| 2020-02-01 | $134,900 (8.0%) | $171,330 (7.0%) | 0.44 | 726 |
| 2020-03-01 | $139,450 (10.5%) | $177,583 (10.2%) | 0.44 | 707 |
| 2020-04-01 | $138,375 (7.7%) | $176,938 (8.1%) | 0.43 | 621 |
| 2020-05-01 | $144,900 (8.7%) | $188,052 (10.7%) | 0.44 | 587 |
| 2020-06-01 | $156,400 (11.8%) | $200,545 (14.4%) | 0.46 | 589 |
| 2020-07-01 | $160,975 (15.1%) | $203,071 (16.1%) | 0.47 | 550 |
| 2020-08-01 | $159,900 (14.5%) | $209,172 (20.9%) | 0.46 | 552 |
| 2020-09-01 | $158,000 (13.5%) | $211,435 (22.1%) | 0.45 | 551 |
| 2020-10-01 | $153,000 (10.1%) | $209,537 (20.9%) | 0.44 | 553 |
| 2020-11-01 | $149,450 (10.8%) | $219,678 (29.5%) | 0.44 | 516 |
| 2020-12-01 | $149,000 (14.7%) | $219,724 (31.5%) | 0.44 | 455 |
| 2021-01-01 | $139,900 (7.7%) | $224,217 (34.2%) | 0.42 | 398 |
| 2021-02-01 | $141,150 (4.6%) | $244,809 (42.9%) | 0.41 | 327 |
| 2021-03-01 | $154,450 (10.8%) | $259,670 (46.2%) | 0.44 | 301 |
| 2021-04-01 | $172,400 (24.6%) | $271,573 (53.5%) | 0.47 | 277 |
| 2021-05-01 | $189,900 (31.1%) | $251,075 (33.5%) | 0.50 | 302 |
| 2021-06-01 | $189,175 (21.0%) | $248,031 (23.7%) | 0.50 | 347 |
| 2021-07-01 | $187,250 (16.3%) | $249,942 (23.1%) | 0.49 | 385 |
| 2021-08-01 | $183,500 (14.8%) | $251,653 (20.3%) | 0.49 | 414 |
| 2021-09-01 | $166,875 (5.6%) | $246,173 (16.4%) | 0.45 | 424 |
| 2021-10-01 | $159,000 (3.9%) | $239,001 (14.1%) | 0.42 | 433 |
| 2021-11-01 | $157,000 (5.1%) | $239,569 (9.1%) | 0.42 | 409 |
| 2021-12-01 | $154,725 (3.8%) | $233,428 (6.2%) | 0.42 | 371 |
| 2022-01-01 | $154,900 (10.7%) | $236,768 (5.6%) | 0.42 | 308 |
| 2022-02-01 | $159,900 (13.3%) | $249,999 (2.1%) | 0.42 | 254 |
| 2022-03-01 | $165,000 (6.8%) | $259,643 (0.0%) | 0.41 | 262 |
| 2022-04-01 | $170,000 (-1.4%) | $267,994 (-1.3%) | 0.41 | 260 |
| 2022-05-01 | $197,000 (3.7%) | $275,828 (9.9%) | 0.45 | 281 |
| 2022-06-01 | $187,450 (-0.9%) | $260,820 (5.2%) | 0.42 | 325 |
| 2022-07-01 | $189,950 (1.4%) | $261,565 (4.7%) | 0.43 | 376 |
| 2022-08-01 | $185,225 (0.9%) | $255,839 (1.7%) | 0.43 | 383 |
| 2022-09-01 | $192,400 (15.3%) | $259,504 (5.4%) | 0.45 | 373 |
| 2022-10-01 | $210,000 (32.1%) | $263,109 (10.1%) | 0.49 | 367 |
| 2022-11-01 | $204,500 (30.3%) | $268,582 (12.1%) | 0.49 | 361 |
BINGHAMTON's median listing price comes in at 49% of the national average.
BINGHAMTON's average listing price for 2022-11-01 was $268,582, a difference of $29,013 (12.1%) versus the prior year and $5,473 versus the prior month.
For the 2022-11-01 period, BINGHAMTON had 361 MLS listings, a difference of -6 listings (-2%) versus the prior month and -48 listings (-12%) 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 | 109 days | 1,750 sqft |
| 2018-02-01 | 110 days | 1,752 sqft |
| 2018-03-01 | 107 days | 1,765 sqft |
| 2018-04-01 | 86 days | 1,796 sqft |
| 2018-05-01 | 71 days | 1,824 sqft |
| 2018-06-01 | 63 days | 1,826 sqft |
| 2018-07-01 | 65 days | 1,852 sqft |
| 2018-08-01 | 71 days | 1,813 sqft |
| 2018-09-01 | 80 days | 1,800 sqft |
| 2018-10-01 | 83 days | 1,785 sqft |
| 2018-11-01 | 85 days | 1,765 sqft |
| 2018-12-01 | 92 days | 1,744 sqft |
| 2019-01-01 | 100 days | 1,726 sqft |
| 2019-02-01 | 106 days | 1,752 sqft |
| 2019-03-01 | 91 days | 1,773 sqft |
| 2019-04-01 | 69 days | 1,808 sqft |
| 2019-05-01 | 63 days | 1,850 sqft |
| 2019-06-01 | 61 days | 1,851 sqft |
| 2019-07-01 | 64 days | 1,812 sqft |
| 2019-08-01 | 69 days | 1,824 sqft |
| 2019-09-01 | 75 days | 1,842 sqft |
| 2019-10-01 | 81 days | 1,854 sqft |
| 2019-11-01 | 86 days | 1,824 sqft |
| 2019-12-01 | 95 days | 1,804 sqft |
| 2020-01-01 | 99 days | 1,803 sqft |
| 2020-02-01 | 102 days | 1,850 sqft |
| 2020-03-01 | 85 days | 1,872 sqft |
| 2020-04-01 | 95 days | 1,855 sqft |
| 2020-05-01 | 99 days | 1,860 sqft |
| 2020-06-01 | 82 days | 1,935 sqft |
| 2020-07-01 | 47 days | 1,928 sqft |
| 2020-08-01 | 50 days | 1,870 sqft |
| 2020-09-01 | 53 days | 1,940 sqft |
| 2020-10-01 | 54 days | 1,872 sqft |
| 2020-11-01 | 66 days | 1,879 sqft |
| 2020-12-01 | 79 days | 1,801 sqft |
| 2021-01-01 | 92 days | 1,744 sqft |
| 2021-02-01 | 102 days | 1,800 sqft |
| 2021-03-01 | 65 days | 1,866 sqft |
| 2021-04-01 | 45 days | 1,872 sqft |
| 2021-05-01 | 33 days | 1,879 sqft |
| 2021-06-01 | 33 days | 1,862 sqft |
| 2021-07-01 | 36 days | 1,872 sqft |
| 2021-08-01 | 39 days | 1,856 sqft |
| 2021-09-01 | 43 days | 1,840 sqft |
| 2021-10-01 | 48 days | 1,807 sqft |
| 2021-11-01 | 59 days | 1,812 sqft |
| 2021-12-01 | 65 days | 1,738 sqft |
| 2022-01-01 | 80 days | 1,745 sqft |
| 2022-02-01 | 84 days | 1,850 sqft |
| 2022-03-01 | 53 days | 1,862 sqft |
| 2022-04-01 | 51 days | 1,830 sqft |
| 2022-05-01 | 46 days | 1,925 sqft |
| 2022-06-01 | 33 days | 1,871 sqft |
| 2022-07-01 | 37 days | 1,867 sqft |
| 2022-08-01 | 44 days | 1,812 sqft |
| 2022-09-01 | 52 days | 1,821 sqft |
| 2022-10-01 | 54 days | 1,872 sqft |
| 2022-11-01 | 54 days | 1,881 sqft |
BINGHAMTON's median square footage for active listings during the 2022-11-01 period was 1,881 sqft. One year prior, the average listing was 1,812 sqft.
BINGHAMTON, NY Average Rent (2022)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 13730 | Binghamton, NY | $570 | $590 | $770 | $1,010 | $1,160 |
| 13732 | Binghamton, NY | $570 | $600 | $770 | $1,020 | $1,160 |
| 13734 | Binghamton, NY | $640 | $670 | $860 | $1,140 | $1,250 |
| 13736 | Binghamton, NY | $890 | $950 | $1,150 | $1,460 | $1,640 |
| 13737 | Binghamton, NY | $640 | $670 | $860 | $1,140 | $1,260 |
| 13743 | Binghamton, NY | $580 | $610 | $780 | $1,040 | $1,160 |
| 13744 | Binghamton, NY | $620 | $650 | $840 | $1,110 | $1,230 |
| 13745 | Binghamton, NY | $640 | $670 | $860 | $1,140 | $1,260 |
| 13746 | Binghamton, NY | $630 | $660 | $850 | $1,130 | $1,250 |
| 13748 | Binghamton, NY | $790 | $840 | $1,070 | $1,420 | $1,570 |
| 13749 | Binghamton, NY | $640 | $670 | $860 | $1,140 | $1,260 |
| 13754 | Binghamton, NY | $610 | $650 | $830 | $1,100 | $1,220 |
| 13760 | Binghamton, NY | $620 | $660 | $840 | $1,120 | $1,230 |
| 13761 | Binghamton, NY | $640 | $670 | $860 | $1,140 | $1,260 |
| 13762 | Binghamton, NY | $640 | $670 | $860 | $1,140 | $1,260 |
| 13777 | Binghamton, NY | $640 | $670 | $860 | $1,150 | $1,260 |
| 13778 | Binghamton, NY | $570 | $600 | $770 | $1,020 | $1,160 |
| 13783 | Binghamton, NY | $640 | $670 | $860 | $1,140 | $1,260 |
| 13787 | Binghamton, NY | $570 | $590 | $770 | $1,010 | $1,160 |
| 13790 | Binghamton, NY | $670 | $700 | $900 | $1,200 | $1,320 |
| 13794 | Binghamton, NY | $660 | $700 | $890 | $1,180 | $1,310 |
| 13795 | Binghamton, NY | $680 | $720 | $920 | $1,220 | $1,350 |
| 13797 | Binghamton, NY | $670 | $710 | $910 | $1,210 | $1,340 |
| 13802 | Binghamton, NY | $630 | $670 | $860 | $1,140 | $1,260 |
| 13803 | Binghamton, NY | $660 | $700 | $890 | $1,180 | $1,310 |
| 13811 | Binghamton, NY | $570 | $590 | $770 | $1,010 | $1,160 |
| 13812 | Binghamton, NY | $690 | $730 | $930 | $1,240 | $1,360 |
| 13813 | Binghamton, NY | $570 | $600 | $780 | $1,030 | $1,160 |
| 13826 | Binghamton, NY | $570 | $590 | $770 | $1,010 | $1,160 |
| 13827 | Binghamton, NY | $620 | $660 | $840 | $1,120 | $1,230 |
| 13833 | Binghamton, NY | $760 | $800 | $1,020 | $1,360 | $1,500 |
| 13835 | Binghamton, NY | $610 | $640 | $820 | $1,090 | $1,200 |
| 13840 | Binghamton, NY | $610 | $650 | $830 | $1,100 | $1,220 |
| 13845 | Binghamton, NY | $610 | $650 | $830 | $1,100 | $1,220 |
| 13848 | Binghamton, NY | $640 | $670 | $860 | $1,140 | $1,260 |
| 13850 | Binghamton, NY | $770 | $810 | $1,040 | $1,380 | $1,530 |
| 13851 | Binghamton, NY | $640 | $670 | $860 | $1,140 | $1,260 |
| 13862 | Binghamton, NY | $610 | $640 | $820 | $1,090 | $1,200 |
| 13863 | Binghamton, NY | $640 | $670 | $860 | $1,140 | $1,260 |
| 13864 | Binghamton, NY | $890 | $950 | $1,150 | $1,460 | $1,640 |
| 13865 | Binghamton, NY | $570 | $590 | $770 | $1,010 | $1,160 |
| 13901 | Binghamton, NY | $600 | $630 | $810 | $1,080 | $1,190 |
| 13902 | Binghamton, NY | $770 | $810 | $1,040 | $1,380 | $1,530 |
| 13903 | Binghamton, NY | $630 | $660 | $850 | $1,130 | $1,250 |
| 13904 | Binghamton, NY | $610 | $650 | $830 | $1,100 | $1,220 |
| 13905 | Binghamton, NY | $650 | $690 | $880 | $1,170 | $1,290 |
| 14817 | Binghamton, NY | $890 | $950 | $1,150 | $1,470 | $1,640 |
| 14859 | Binghamton, NY | $690 | $710 | $900 | $1,190 | $1,300 |
| 14883 | Binghamton, NY | $890 | $950 | $1,150 | $1,460 | $1,640 |
| 14889 | Binghamton, NY | $770 | $780 | $990 | $1,300 | $1,400 |
| 14892 | Binghamton, NY | $660 | $660 | $840 | $1,100 | $1,200 |
2022 Average & Median Rent Data Statistics
BINGHAMTON, NY average 1BR rent: $693, median: $670
BINGHAMTON, NY average 2BR rent: $884, median: $860
BINGHAMTON, NY average 3BR rent: $1,167, median: $1,140
BINGHAMTON, NY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,747 | $450,385,000 | $163,955 |
| Refi | 1,189 | $173,235,000 | $145,698 |
| Cash Out Refi | 994 | $140,380,000 | $141,227 |
| Home Improvement | 416 | $24,550,000 | $59,014 |
| Other | 285 | $21,655,000 | $75,982 |
Binghamton's most frequently cited loan purpose was Home Purchase, with 2,747 originations. The 2nd most popular reason was Refi, with 1,189 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 2,271 | $348,725,000 | $153,556 |
| 3-4% | 1,754 | $240,160,000 | $136,921 |
| <2.5% | 987 | $114,245,000 | $115,750 |
| 4-5% | 211 | $30,645,000 | $145,237 |
| 5-6% | 79 | $5,485,000 | $69,430 |
| 6-7% | 47 | $2,505,000 | $53,298 |
| 7-8% | 17 | $1,195,000 | $70,294 |
| Over 8% | 16 | $1,010,000 | $63,125 |
During 2021, Binghamton's most frequently originated rate bucket was 2.5-3%, with 2,271 originations.
Loan Sizing (BINGHAMTON, NY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 2,766 | $385,000,000 | $139,190 |
| $100,000 or less | 2,062 | $134,570,000 | $65,262 |
| $200k-400k | 728 | $187,920,000 | $258,132 |
| $400k-600k | 50 | $23,840,000 | $476,800 |
| $600k-1000k | 13 | $9,245,000 | $711,154 |
| $Over $1MM | 12 | $69,630,000 | $5,802,500 |
BINGHAMTON's loan sizing saw the bucket of loans from $100k-200k with 2,766 originations, totaling $385,000,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,423 | $402,835,000 | $166,255 |
| 60-80% | 1,601 | $253,455,000 | $158,310 |
| 40-60% | 605 | $67,675,000 | $111,860 |
| 20-40% | 465 | $27,115,000 | $58,312 |
| Under 20% | 216 | $5,990,000 | $27,731 |
| Over 100% | 38 | $9,780,000 | $257,368 |
BINGHAMTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,423 originations, totaling $402,835,000 in origination value.
