BINGHAMTON Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Binghamton averaged 6.57% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.76% and one month ago for the week of 2024-11-07, the average rate was 6.86%.

    Binghamton's average rate one year ago was 6.8%.

    For refis of the same type during the week of 2024-12-12, the average rate was 7.09%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Binghamton 30 Year Fixed Rate 2024-12-12 6.57%
    Binghamton 30 Year Fixed Rate Refi 2024-12-12 7.09%
    Binghamton 15 Year Fixed Rate 2024-12-12 5.84%
    Binghamton 15 Year Fixed Rate Refi 2024-12-12 6.04%
    Binghamton 30 Year FHA 2024-12-12 6.29%
    Binghamton 30 Year FHA Refi 2024-12-12 6.18%
    Binghamton 30 Year USDA 2024-12-12 6.5%
    Binghamton 30 Year USDA Refi 2024-12-12 6.4%
    Binghamton 30 Year VA 2024-12-12 6.07%
    Binghamton 30 Year VA Refi 2024-12-12 6.28%
    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
    2024-03-01 $185,000 (-1.0%) $286,965 (5.2%) 0.44 203
    2024-04-01 $202,225 (-3.5%) $269,238 (-8.0%) 0.47 210
    2024-05-01 $215,000 (12.0%) $281,317 (-2.2%) 0.49 237
    2024-06-01 $212,450 (6.2%) $281,285 (-2.5%) 0.48 288
    2024-07-01 $220,000 (10.6%) $278,490 (-2.7%) 0.50 309
    2024-08-01 $225,000 (13.4%) $280,956 (0.4%) 0.52 331
    2024-09-01 $236,400 (24.5%) $285,847 (5.6%) 0.56 358
    2024-10-01 $217,475 (14.8%) $274,175 (5.1%) 0.51 374
    2024-11-01 $210,000 (15.2%) $267,546 (4.1%) 0.50 347
    BINGHAMTON's median listing price for 2024-11-01 was $210,000, a difference of $27,775 (15.2%) versus the prior year and $-7,475 versus the prior month.

    BINGHAMTON's median listing price comes in at 50% of the national average.

    BINGHAMTON's average listing price for 2024-11-01 was $267,546, a difference of $10,473 (4.1%) versus the prior year and $-6,629 versus the prior month.

    For the 2024-11-01 period, BINGHAMTON had 347 MLS listings, a difference of -27 listings (-7%) versus the prior month and 25 listings (8%) 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 1,691 sqft
    2024-02-01 71 days 1,645 sqft
    2024-03-01 46 days 1,744 sqft
    2024-04-01 34 days 1,785 sqft
    2024-05-01 31 days 1,822 sqft
    2024-06-01 36 days 1,792 sqft
    2024-07-01 39 days 1,787 sqft
    2024-08-01 44 days 1,862 sqft
    2024-09-01 42 days 1,845 sqft
    2024-10-01 45 days 1,829 sqft
    2024-11-01 51 days 1,800 sqft
    BINGHAMTON's median listing age (time on market) for 2024-11-01 was 51 days. This is 9% longer than the same period one year ago.

    BINGHAMTON's median square footage for active listings during the 2024-11-01 period was 1,800 sqft. One year prior, the average listing was 1,720 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.