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
6.09%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
5.81% and
one month ago for the week of 2023-04-20, the
average rate was 6.01%.
Binghamton's average rate one year ago was 4.97%.
For refis of the same type during the week of 2023-05-25, the average rate
was 5.86%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
| Binghamton 30 Year Fixed Rate | 2023-05-25 | 6.09% |
| Binghamton 30 Year Fixed Rate Refi | 2023-05-25 | 5.86% |
| Binghamton 15 Year Fixed Rate | 2023-05-25 | 5.87% |
| Binghamton 15 Year Fixed Rate Refi | 2023-05-25 | 4.73% |
| Binghamton 30 Year FHA | 2023-05-25 | 5.91% |
| Binghamton 30 Year FHA Refi | 2023-05-25 | 6.61% |
| Binghamton 30 Year USDA | 2023-05-25 | 6.83% |
| Binghamton 30 Year USDA Refi | 2023-05-25 | 6.63% |
| Binghamton 30 Year VA | 2023-05-25 | 5.84% |
| Binghamton 30 Year VA Refi | 2023-05-25 | 6.21% |
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.).
BINGHAMTON Average Closing Costs & Other Stats
BINGHAMTON, NY's 103 lenders originated 4,324
loans during 2022. The total origination value was $620,200,000, with an average loan value of
$143,432.
BINGHAMTON's average closing costs are $3,530.
The top BINGHAMTON lender as defined by loan originations is VISIONS, with
370 loans originated. Their average total fees are
$3,096, which is $817
lower than the next largest lender,
HOMESTEAD FUNDING CORP..
The lowest fee BINGHAMTON lenders (with over 10 loans originated) are
CFCU Community Credit Union ($266), Community Bank ($984), Chemung Canal Trust Company ($1,710), KeyBank ($2,542) and VISIONS ($3,096).
The lowest rate BINGHAMTON lenders (with over 10 loans originated) are
VISIONS (3.96%), Empower Federal Credit Union (4.01%), SEFCU SERVICES, LLC (4.37%), NBT Bank (4.44%) and 1ST PRIORITY MORTGAGE, INC. (4.45%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| VISIONS | $157,540,000 | $127,955,000 | -18.8% | 20.6% |
| HOMESTEAD FUNDING CORP. | $87,300,000 | $70,425,000 | -19.3% | 11.4% |
| M&T Bank | $54,980,000 | $43,940,000 | -20.1% | 7.1% |
| QUICKEN LOANS, LLC | $80,045,000 | $43,040,000 | -46.2% | 6.9% |
| Tioga State Bank | $35,165,000 | $25,340,000 | -27.9% | 4.1% |
| Capital One | $29,205,000 | $24,775,000 | -15.2% | 4.0% |
| SEFCU SERVICES, LLC | $17,950,000 | $16,140,000 | -10.1% | 2.6% |
| Community Bank | $10,035,000 | $14,325,000 | 42.8% | 2.3% |
| NBT Bank | $15,665,000 | $14,035,000 | -10.4% | 2.3% |
| 1ST PRIORITY MORTGAGE, INC. | $21,140,000 | $13,225,000 | -37.4% | 2.1% |
| M&T Realty Capital Corporation | $13,105,000 | n/a | 2.1% | |
| Empower Federal Credit Union | $8,630,000 | $12,915,000 | 49.7% | 2.1% |
| Citizens Bank | $12,680,000 | $11,800,000 | -6.9% | 1.9% |
| STATE EMPLOYEES FEDERAL CREDIT UNION | $8,545,000 | $10,355,000 | 21.2% | 1.7% |
| Premium Mortgage Corporation | $6,310,000 | $10,290,000 | 63.1% | 1.7% |
| PARAGON HOME LOANS INC. | $22,470,000 | $9,210,000 | -59.0% | 1.5% |
| Wells Fargo Bank | $18,670,000 | $7,310,000 | -60.8% | 1.2% |
| KeyBank | $10,845,000 | $6,850,000 | -36.8% | 1.1% |
| Citizens & Northern Bank | $6,480,000 | $6,425,000 | -0.8% | 1.0% |
| Chemung Canal Trust Company | $8,545,000 | $6,215,000 | -27.3% | 1.0% |
| Mortgage Research Center, LLC | $5,775,000 | $5,775,000 | 0.0% | 0.9% |
| MOVEMENT MORTGAGE, LLC | $12,305,000 | $5,620,000 | -54.3% | 0.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,900,000 | $5,555,000 | 42.4% | 0.9% |
| GHS Federal Credit Union | $4,910,000 | $5,350,000 | 9.0% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,855,000 | $4,680,000 | -40.4% | 0.8% |
| LOANDEPOT.COM, LLC | $6,380,000 | $4,675,000 | -26.7% | 0.8% |
| FREEDOM MORTGAGE CORPORATION | $4,400,000 | $4,385,000 | -0.3% | 0.7% |
| CALIBER HOME LOANS, INC. | $3,135,000 | $3,575,000 | 14.0% | 0.6% |
| JPMorgan Chase Bank | $4,910,000 | $3,445,000 | -29.8% | 0.6% |
| PLAZA HOME MORTGAGE, INC. | $11,370,000 | $3,425,000 | -69.9% | 0.6% |
| Elmira Savings Bank | $14,795,000 | $3,070,000 | -79.2% | 0.5% |
| USAA Federal Savings Bank | $2,355,000 | $3,025,000 | 28.5% | 0.5% |
| Peoples Security Bank and Trust Company | $4,495,000 | $2,990,000 | -33.5% | 0.5% |
| CFCU Community Credit Union | $5,200,000 | $2,945,000 | -43.4% | 0.5% |
| AMERICU Credit Union | $390,000 | $2,740,000 | 602.6% | 0.4% |
| TD Bank | $1,310,000 | $2,700,000 | 106.1% | 0.4% |
| Quontic Bank | $1,325,000 | $2,615,000 | 97.4% | 0.4% |
| Pathfinder Bank | $2,575,000 | n/a | 0.4% | |
| CORNING | $1,985,000 | $2,515,000 | 26.7% | 0.4% |
| Tompkins Trust Company | $8,305,000 | $2,325,000 | -72.0% | 0.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $635,000 | $2,190,000 | 244.9% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,200,000 | $2,160,000 | 80.0% | 0.3% |
| Bank of America | $2,805,000 | $2,110,000 | -24.8% | 0.3% |
| First Citizens Community Bank | $980,000 | $1,955,000 | 99.5% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $815,000 | $1,650,000 | 102.5% | 0.3% |
| ROYAL UNITED MORTGAGE LLC | $1,195,000 | $1,530,000 | 28.0% | 0.2% |
| NAVY FEDERAL CREDIT UNION | $3,840,000 | $1,460,000 | -62.0% | 0.2% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,405,000 | n/a | 0.2% | |
| Wayne Bank | $545,000 | $1,360,000 | 149.5% | 0.2% |
| The Canandaigua National Bank and Trust Company | $1,205,000 | n/a | 0.2% | |
| LIMA ONE CAPITAL, LLC | $350,000 | $1,150,000 | 228.6% | 0.2% |
| Carrington Mortgage Services, LLC | $1,070,000 | $1,135,000 | 6.1% | 0.2% |
| A&D Mortgage LLC | $960,000 | $1,055,000 | 9.9% | 0.2% |
| BETTER MORTGAGE CORPORATION | $2,475,000 | $1,035,000 | -58.2% | 0.2% |
| TOTAL MORTGAGE SERVICES, LLC | $1,035,000 | n/a | 0.2% | |
| CCFCU FUNDING, LLC | $1,225,000 | $960,000 | -21.6% | 0.2% |
| 21ST MORTGAGE CORPORATION | $1,660,000 | $935,000 | -43.7% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $1,650,000 | $930,000 | -43.6% | 0.1% |
| Genesee Regional Bank | $380,000 | $925,000 | 143.4% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $1,515,000 | $910,000 | -39.9% | 0.1% |
| PS Bank | $480,000 | $905,000 | 88.5% | 0.1% |
| The Federal Savings Bank | $855,000 | n/a | 0.1% | |
| UTILITIES EMPLOYEES CREDIT UNION | $200,000 | $855,000 | 327.5% | 0.1% |
| CONTOUR MORTGAGE CORPORATION | $770,000 | $805,000 | 4.5% | 0.1% |
| Farm Credit East, ACA | $1,180,000 | $800,000 | -32.2% | 0.1% |
| Evolve Bank & Trust | $725,000 | n/a | 0.1% | |
| NEWREZ LLC | $2,195,000 | $690,000 | -68.6% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $795,000 | $655,000 | -17.6% | 0.1% |
| The Honesdale National Bank | $650,000 | n/a | 0.1% | |
| Citibank | $605,000 | $640,000 | 5.8% | 0.1% |
| Bank of England | $280,000 | $600,000 | 114.3% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $240,000 | $600,000 | 150.0% | 0.1% |
| Bethpage Federal Credit Union | $650,000 | $580,000 | -10.8% | 0.1% |
| GUIDANCE RESIDENTIAL, LLC | $330,000 | $555,000 | 68.2% | 0.1% |
| PNC Bank | $175,000 | $530,000 | 202.9% | 0.1% |
| GUARANTEED RATE, INC. | $1,005,000 | $510,000 | -49.3% | 0.1% |
| North American Savings Bank, F.S.B. | $945,000 | $505,000 | -46.6% | 0.1% |
| UNITED MORTGAGE CORP. | $1,105,000 | $495,000 | -55.2% | 0.1% |
| First Savings Bank | $435,000 | $490,000 | 12.6% | 0.1% |
| ATHAS CAPITAL GROUP, INC. | $485,000 | n/a | 0.1% | |
| RF Renovo Management Company, LLC | $480,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $1,395,000 | $460,000 | -67.0% | 0.1% |
| Stifel Bank and Trust | $420,000 | n/a | 0.1% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $1,490,000 | $410,000 | -72.5% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $380,000 | $405,000 | 6.6% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $240,000 | $405,000 | 68.8% | 0.1% |
| SILVER HILL FUNDING, LLC | $390,000 | n/a | 0.1% | |
| U.S. Bank | $730,000 | $390,000 | -46.6% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $370,000 | n/a | 0.1% | |
| US MORTGAGE CORPORATION | $220,000 | $355,000 | 61.4% | 0.1% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $405,000 | $345,000 | -14.8% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $325,000 | n/a | 0.1% | |
| PREMIA MORTGAGE, LLC | $145,000 | $325,000 | 124.1% | 0.1% |
| UIF CORPORATION | $320,000 | n/a | 0.1% | |
| LYNX MORTGAGE BANK LLC | $315,000 | n/a | 0.1% | |
| Metro City Bank | $340,000 | $315,000 | -7.4% | 0.1% |
| Equity Prime Mortgage LLC | $305,000 | n/a | 0.0% | |
| First Horizon Bank | $305,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $295,000 | n/a | 0.0% | |
| Flagstar Bank, FSB | $595,000 | $295,000 | -50.4% | 0.0% |
| AMERICAN ADVISORS GROUP | $115,000 | $275,000 | 139.1% | 0.0% |
| First Guaranty Mortgage Corporation | $155,000 | $275,000 | 77.4% | 0.0% |
| INTERSTATE HOME LOAN CENTER, INC. | $275,000 | n/a | 0.0% | |
| Ally Bank | $270,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $640,000 | $270,000 | -57.8% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $255,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $445,000 | $255,000 | -42.7% | 0.0% |
| Walden Savings Bank | $255,000 | n/a | 0.0% | |
| Wilmington Savings Fund Society, FSB | $255,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $510,000 | $250,000 | -51.0% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $90,000 | $245,000 | 172.2% | 0.0% |
| United Nations Federal Credit Union | $245,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $85,000 | $240,000 | 182.4% | 0.0% |
| EagleBank | $235,000 | n/a | 0.0% | |
| Ulster Savings Bank | $175,000 | $225,000 | 28.6% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $95,000 | $220,000 | 131.6% | 0.0% |
| First Federal Bank of Kansas City | $205,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $205,000 | n/a | 0.0% | |
| HARTFORD FUNDING, LTD. | $205,000 | n/a | 0.0% | |
| Meridian Bank Corporation | $205,000 | n/a | 0.0% | |
| UBS Bank USA | $295,000 | $205,000 | -30.5% | 0.0% |
| MLB RESIDENTIAL LENDING, LLC | $195,000 | n/a | 0.0% | |
| Discover Bank | $380,000 | $190,000 | -50.0% | 0.0% |
| NBKC BANK | $1,295,000 | $175,000 | -86.5% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
| CLIFFCO, INC. | $155,000 | $155,000 | 0.0% | 0.0% |
| First National Bank of Pennsylvania | $155,000 | n/a | 0.0% | |
| Leader Bank | $155,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $155,000 | n/a | 0.0% | |
| Morgan Stanley Private Bank | $155,000 | n/a | 0.0% | |
| SERVU FEDERAL CREDIT UNION | $195,000 | $155,000 | -20.5% | 0.0% |
| The National Bank of Coxsackie | $155,000 | n/a | 0.0% | |
| LAKEVIEW LOAN SERVICING, LLC | $135,000 | n/a | 0.0% | |
| Popular Bank | $135,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $135,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $395,000 | $135,000 | -65.8% | 0.0% |
| Baxter Credit Union | $130,000 | n/a | 0.0% | |
| BNB Bank | $130,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $190,000 | $125,000 | -34.2% | 0.0% |
| Ponce Bank | $125,000 | n/a | 0.0% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $435,000 | $115,000 | -73.6% | 0.0% |
| Northpointe Bank | $195,000 | $115,000 | -41.0% | 0.0% |
| PLANET HOME LENDING, LLC | $135,000 | $115,000 | -14.8% | 0.0% |
| Alternatives Federal Credit Union | $185,000 | $105,000 | -43.2% | 0.0% |
| AMERICAN FINANCING CORPORATION | $1,295,000 | $105,000 | -91.9% | 0.0% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $105,000 | n/a | 0.0% | |
| NASA Federal Credit Union | $105,000 | n/a | 0.0% | |
| NJ LENDERS CORP. | $125,000 | $105,000 | -16.0% | 0.0% |
| RELIANT COMMUNITY FEDERAL CREDIT UNION | $105,000 | n/a | 0.0% | |
| THE SUMMIT Federal Credit Union | $410,000 | $105,000 | -74.4% | 0.0% |
| Northwest Federal Credit Union | $95,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $55,000 | $95,000 | 72.7% | 0.0% |
| Webster Bank | $95,000 | n/a | 0.0% | |
| PENNYMAC LOAN SERVICES, LLC | $85,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $85,000 | $85,000 | 0.0% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $125,000 | $85,000 | -32.0% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $345,000 | $75,000 | -78.3% | 0.0% |
| BayCoast Bank | $75,000 | n/a | 0.0% | |
| HUDSON VALLEY CREDIT UNION | $75,000 | n/a | 0.0% | |
| Magnolia Bank | $340,000 | $75,000 | -77.9% | 0.0% |
| TEACHERS | $260,000 | $75,000 | -71.2% | 0.0% |
| CAPITAL COMMUNICATIONS Federal Credit Union | $65,000 | n/a | 0.0% | |
| Secured Investment Corp. | $65,000 | n/a | 0.0% | |
| BAYPORT FUNDING LLC | $55,000 | n/a | 0.0% | |
| FIRST HERITAGE FEDERAL CREDIT UNION | $640,000 | $55,000 | -91.4% | 0.0% |
| NUMARK CREDIT UNION | $35,000 | n/a | 0.0% | |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% |
BINGHAMTON's top lender by overall market share is VISIONS, with 20.6% market share. In second place, with 11.4%, is HOMESTEAD FUNDING CORP., having originated $70,425,000 in loans. In third place, with 7.1%, is M&T Bank, having originated $43,940,000 in loans. In fourth place, with 6.9%, is QUICKEN LOANS, LLC, having originated $43,040,000 in loans. In fifth place, with 4.1%, is Tioga State Bank, having originated $25,340,000 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 (3.1%) | $152,736 (5.7%) | 0.44 | 855 |
| 2018-03-01 | $120,000 (2.3%) | $157,602 (6.0%) | 0.42 | 821 |
| 2018-04-01 | $124,900 (0.7%) | $157,305 (3.7%) | 0.42 | 805 |
| 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%) | $170,304 (8.0%) | 0.45 | 1,017 |
| 2018-08-01 | $131,750 (2.6%) | $165,215 (6.3%) | 0.44 | 1,051 |
| 2018-09-01 | $129,900 (3.9%) | $162,440 (5.5%) | 0.44 | 1,019 |
| 2018-10-01 | $127,373 (1.9%) | $160,112 (3.6%) | 0.43 | 1,002 |
| 2018-11-01 | $124,900 (-0.1%) | $158,345 (2.3%) | 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 | $127,700 (6.4%) | $160,645 (1.9%) | 0.43 | 742 |
| 2019-04-01 | $129,000 (3.3%) | $163,965 (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 | 961 |
| 2019-07-01 | $139,900 (2.8%) | $174,879 (2.7%) | 0.44 | 992 |
| 2019-08-01 | $139,900 (6.2%) | $175,293 (6.1%) | 0.44 | 1,020 |
| 2019-09-01 | $142,450 (9.7%) | $177,486 (9.3%) | 0.45 | 982 |
| 2019-10-01 | $139,000 (9.1%) | $173,352 (8.3%) | 0.45 | 1,015 |
| 2019-11-01 | $134,900 (8.0%) | $169,659 (7.1%) | 0.44 | 948 |
| 2019-12-01 | $129,950 (4.0%) | $167,241 (4.4%) | 0.43 | 857 |
| 2020-01-01 | $129,900 (5.0%) | $167,164 (4.5%) | 0.43 | 762 |
| 2020-02-01 | $134,900 (8.0%) | $171,436 (7.0%) | 0.44 | 725 |
| 2020-03-01 | $139,450 (9.2%) | $177,784 (10.7%) | 0.44 | 705 |
| 2020-04-01 | $138,600 (7.4%) | $177,157 (8.1%) | 0.43 | 619 |
| 2020-05-01 | $145,000 (8.8%) | $188,324 (10.9%) | 0.44 | 585 |
| 2020-06-01 | $156,650 (12.0%) | $200,861 (14.6%) | 0.46 | 587 |
| 2020-07-01 | $161,600 (15.5%) | $203,417 (16.3%) | 0.47 | 548 |
| 2020-08-01 | $159,900 (14.3%) | $209,546 (19.5%) | 0.46 | 550 |
| 2020-09-01 | $159,000 (11.6%) | $211,813 (19.3%) | 0.46 | 549 |
| 2020-10-01 | $153,500 (10.4%) | $209,892 (21.1%) | 0.44 | 551 |
| 2020-11-01 | $149,725 (11.0%) | $220,103 (29.7%) | 0.44 | 514 |
| 2020-12-01 | $149,000 (14.7%) | $220,087 (31.6%) | 0.44 | 454 |
| 2021-01-01 | $139,900 (7.7%) | $224,287 (34.2%) | 0.42 | 398 |
| 2021-02-01 | $142,400 (5.6%) | $245,266 (43.1%) | 0.41 | 326 |
| 2021-03-01 | $154,675 (10.9%) | $260,215 (46.4%) | 0.44 | 300 |
| 2021-04-01 | $172,400 (24.4%) | $272,190 (53.6%) | 0.47 | 276 |
| 2021-05-01 | $189,900 (31.0%) | $251,582 (33.6%) | 0.50 | 301 |
| 2021-06-01 | $189,175 (20.8%) | $248,040 (23.5%) | 0.50 | 347 |
| 2021-07-01 | $187,250 (15.9%) | $249,919 (22.9%) | 0.49 | 385 |
| 2021-08-01 | $183,500 (14.8%) | $251,630 (20.1%) | 0.49 | 414 |
| 2021-09-01 | $166,875 (5.0%) | $246,335 (16.3%) | 0.45 | 424 |
| 2021-10-01 | $159,000 (3.6%) | $239,330 (14.0%) | 0.42 | 432 |
| 2021-11-01 | $157,500 (5.2%) | $239,919 (9.0%) | 0.42 | 408 |
| 2021-12-01 | $154,950 (4.0%) | $233,807 (6.2%) | 0.42 | 370 |
| 2022-01-01 | $154,900 (10.7%) | $237,242 (5.8%) | 0.42 | 307 |
| 2022-02-01 | $161,675 (13.5%) | $250,598 (2.2%) | 0.42 | 253 |
| 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 (1.5%) | $262,011 (4.8%) | 0.43 | 375 |
| 2022-08-01 | $185,450 (1.1%) | $256,256 (1.8%) | 0.43 | 382 |
| 2022-09-01 | $192,425 (15.3%) | $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 (29.8%) | $269,053 (12.1%) | 0.49 | 360 |
| 2022-12-01 | $199,900 (29.0%) | $268,989 (15.1%) | 0.49 | 336 |
| 2023-01-01 | $177,000 (14.3%) | $257,154 (8.4%) | 0.44 | 292 |
| 2023-02-01 | $184,450 (14.1%) | $265,557 (6.0%) | 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 |
BINGHAMTON's median listing price for 2023-04-01 was $209,450, a difference of
$35,750
(20.6%) versus the prior year and
$22,575 versus the prior month.
BINGHAMTON's median listing price comes in at 49% of the national average.
BINGHAMTON's average listing price for 2023-04-01 was $292,762, a difference of $24,111 (9.0%) versus the prior year and $19,945 versus the prior month.
For the 2023-04-01 period, BINGHAMTON had 219 MLS listings, a difference of -22 listings (-9%) versus the prior month and -40 listings (-15%) versus the prior year.
BINGHAMTON's median listing price comes in at 49% of the national average.
BINGHAMTON's average listing price for 2023-04-01 was $292,762, a difference of $24,111 (9.0%) versus the prior year and $19,945 versus the prior month.
For the 2023-04-01 period, BINGHAMTON had 219 MLS listings, a difference of -22 listings (-9%) versus the prior month and -40 listings (-15%) 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 | 1,768 sqft |
| 2018-04-01 | 86 days | 1,798 sqft |
| 2018-05-01 | 71 days | 1,824 sqft |
| 2018-06-01 | 63 days | 1,826 sqft |
| 2018-07-01 | 65 days | 1,854 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 | 101 days | 1,763 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 | 75 days | 1,848 sqft |
| 2019-09-01 | 79 days | 1,881 sqft |
| 2019-10-01 | 81 days | 1,858 sqft |
| 2019-11-01 | 85 days | 1,824 sqft |
| 2019-12-01 | 95 days | 1,806 sqft |
| 2020-01-01 | 99 days | 1,803 sqft |
| 2020-02-01 | 102 days | 1,850 sqft |
| 2020-03-01 | 85 days | 1,873 sqft |
| 2020-04-01 | 95 days | 1,859 sqft |
| 2020-05-01 | 99 days | 1,862 sqft |
| 2020-06-01 | 82 days | 1,936 sqft |
| 2020-07-01 | 46 days | 1,931 sqft |
| 2020-08-01 | 50 days | 1,872 sqft |
| 2020-09-01 | 52 days | 1,950 sqft |
| 2020-10-01 | 54 days | 1,878 sqft |
| 2020-11-01 | 65 days | 1,888 sqft |
| 2020-12-01 | 79 days | 1,805 sqft |
| 2021-01-01 | 91 days | 1,750 sqft |
| 2021-02-01 | 101 days | 1,801 sqft |
| 2021-03-01 | 65 days | 1,871 sqft |
| 2021-04-01 | 45 days | 1,872 sqft |
| 2021-05-01 | 33 days | 1,880 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 | 47 days | 1,807 sqft |
| 2021-11-01 | 58 days | 1,815 sqft |
| 2021-12-01 | 65 days | 1,754 sqft |
| 2022-01-01 | 80 days | 1,748 sqft |
| 2022-02-01 | 83 days | 1,853 sqft |
| 2022-03-01 | 53 days | 1,870 sqft |
| 2022-04-01 | 50 days | 1,832 sqft |
| 2022-05-01 | 46 days | 1,928 sqft |
| 2022-06-01 | 33 days | 1,872 sqft |
| 2022-07-01 | 36 days | 1,867 sqft |
| 2022-08-01 | 44 days | 1,810 sqft |
| 2022-09-01 | 52 days | 1,821 sqft |
| 2022-10-01 | 53 days | 1,872 sqft |
| 2022-11-01 | 54 days | 1,882 sqft |
| 2022-12-01 | 72 days | 1,924 sqft |
| 2023-01-01 | 85 days | 1,809 sqft |
| 2023-02-01 | 86 days | 1,862 sqft |
| 2023-03-01 | 71 days | 1,884 sqft |
| 2023-04-01 | 51 days | 1,904 sqft |
BINGHAMTON's median listing age (time on market) for 2023-04-01 was 51 days.
This
is 2%
longer
than the same period one year ago.
BINGHAMTON's median square footage for active listings during the 2023-04-01 period was 1,904 sqft. One year prior, the average listing was 1,832 sqft.
BINGHAMTON's median square footage for active listings during the 2023-04-01 period was 1,904 sqft. One year prior, the average listing was 1,832 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.
| 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 | 2,306 | $396,520,000 | $171,951 |
| Home Improvement | 636 | $44,410,000 | $69,827 |
| Cash Out Refi | 554 | $81,450,000 | $147,022 |
| Refi | 470 | $72,620,000 | $154,511 |
| Other | 358 | $25,200,000 | $70,391 |
Binghamton's most frequently cited loan purpose was Home Purchase, with 2,306 originations. The 2nd most popular reason was Home Improvement, with 636 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 947 | $135,465,000 | $143,046 |
| 3-4% | 942 | $133,880,000 | $142,123 |
| 5-6% | 820 | $122,280,000 | $149,122 |
| <2.5% | 514 | $46,780,000 | $91,012 |
| 6-7% | 372 | $54,070,000 | $145,349 |
| 2.5-3% | 285 | $40,895,000 | $143,491 |
| 7-8% | 108 | $11,960,000 | $110,741 |
| Over 8% | 90 | $7,950,000 | $88,333 |
During 2022, Binghamton's most frequently originated rate bucket was 4-5%, with 947 originations.
Loan Sizing (BINGHAMTON, NY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,891 | $265,055,000 | $140,167 |
| $100,000 or less | 1,752 | $105,140,000 | $60,011 |
| $200k-400k | 598 | $154,920,000 | $259,064 |
| $400k-600k | 58 | $26,890,000 | $463,621 |
| $600k-1000k | 14 | $9,580,000 | $684,286 |
| $Over $1MM | 11 | $58,615,000 | $5,328,636 |
BINGHAMTON's loan sizing saw the bucket of loans from $100k-200k with 1,891 originations, totaling $265,055,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,720 | $285,920,000 | $166,233 |
| 60-80% | 1,033 | $183,685,000 | $177,817 |
| 20-40% | 542 | $34,350,000 | $63,376 |
| 40-60% | 443 | $55,405,000 | $125,068 |
| Under 20% | 328 | $10,380,000 | $31,646 |
| Over 100% | 27 | $7,425,000 | $275,000 |
BINGHAMTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,720 originations, totaling $285,920,000 in origination value.