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 6.69% 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%
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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
VISIONS 616 3.10% $2,283
HOMESTEAD FUNDING CORP. 289 3.08% $3,216
QUICKEN LOANS, LLC 157 3.22% $5,135
M&T Bank 81 3.32% $3,558
SEFCU SERVICES, LLC 78 3.09% $2,891
1ST PRIORITY MORTGAGE, INC. 75 2.99% $3,334
PARAGON HOME LOANS INC. 62 3.04% $3,034
Elmira Savings Bank 52 3.02% $1,382
NBT Bank 49 2.96% $3,191
Wells Fargo Bank 47 3.29% $3,122
Community Bank 37 3.62% $370
KeyBank 36 3.28% $2,101
MOVEMENT MORTGAGE, LLC 33 3.08% $4,308
PLAZA HOME MORTGAGE, INC. 30 3.07% $5,552
Premium Mortgage Corporation 23 3.20% $2,589
Citizens & Northern Bank 19 3.28% $4,395
LOANDEPOT.COM, LLC 19 3.09% $5,372
CFCU Community Credit Union 19 3.07% $1,393
Chemung Canal Trust Company 18 3.35% $1,958
Tompkins Trust Company 15 3.08% $2,843
JPMorgan Chase Bank 15 3.19% $3,153
Empower Federal Credit Union 13 3.44% $3,763
CALIBER HOME LOANS, INC. 12 3.10% $5,248
UNITED WHOLESALE MORTGAGE, LLC 10 2.95% $7,329
Citizens Bank 10 3.09% $4,471
Mr. Cooper ( Nationstar Mortgage ) 9 3.44% $5,262
CREDIT UNION MORTGAGE ASSOCIATION, INC. 9 3.00% $4,334
BETTER MORTGAGE CORPORATION 8 2.98% $5,987
GHS Federal Credit Union 8 3.44% $3,098
Bank of America 8 3.13% $3,930
AMERICAN FINANCIAL NETWORK, INC. 7 3.59% $12,181
CCFCU FUNDING, LLC 6 3.10% $3,039
CORNING 6 2.94% $3,734
NAVY FEDERAL CREDIT UNION 6 3.83% $4,218
A&D Mortgage LLC 6 4.69% $5,539
Quontic Bank 5 5.70% $8,550
CONTOUR MORTGAGE CORPORATION 5 3.38% $5,116
Farm Credit East, ACA 5 3.49% $6,324
RELIANCE FIRST CAPITAL, LLC 5 3.30% $5,249
RESIDENTIAL MORTGAGE SERVICES, INC. 4 3.25% $2,853
Peoples Security Bank and Trust Company 4 2.84% $3,047
UNITED MORTGAGE CORP. 4 3.16% $7,979
First Citizens Community Bank 4 2.94% $2,286
HOME POINT FINANCIAL CORPORATION 4 3.40% $4,665
ROYAL UNITED MORTGAGE LLC 4 3.63% $5,941
AMERICAN FINANCING CORPORATION 4 3.25% $4,111
FREEDOM MORTGAGE CORPORATION 3 3.08% $5,148
CROSSCOUNTRY MORTGAGE, LLC 3 3.54% $5,221
GUARANTEED RATE, INC. 3 3.29% $4,627
HSBC BANK USA, NATIONAL ASSOCIATION 3 3.04% $4,998
Mortgage Research Center, LLC 3 2.87% $2,559
The Lyons National Bank 3 3.08% $4,711
EMBRACE HOME LOANS, INC. 2 3.18% $5,793
The Huntington National Bank 2 3.08% $6,131
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 3.13% $4,240
PENTAGON FEDERAL CREDIT UNION 2 2.81% $5,366
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.19% $5,628
Discover Bank 2 5.57% $0
Bethpage Federal Credit Union 2 3.38% $4,871
AMERICU Credit Union 2 3.75% $3,839
Genesee Regional Bank 2 3.31% $3,554
Citibank 2 2.75% $3,115
US MORTGAGE CORPORATION 2 3.25% $5,141
NBKC BANK 2 3.38% $3,156
TD Bank 2 3.19% $4,124
First Savings Bank 1 3.25% $4,470
FAMILY FIRST FUNDING LLC 1 3.38% $5,468
PHH Mortgage Corporation 1 3.88% $5,496
POLISH & SLAVIC FEDERAL CREDIT UNION 1 2.88% $4,045
PREMIA MORTGAGE, LLC 1 3.25% $3,567
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 2.88% $3,976
DIGITAL Federal Credit Union 1 3.00% $3,465
Commerce Bank 1 3.38% $3,846
RBC Bank, (Georgia) 1 2.75% $2,477
CLIFFCO, INC. 1 3.38% $3,801
RESIDENTIAL HOME FUNDING CORP. 1 4.75% $8,028
City National Bank of Florida 1 3.38% $3,178
Centennial Bank 1 3.75% $3,894
TEACHERS 1 3.13% $4,678
Advisors Mortgage Group, L.L.C. 1 3.25% $4,644
Third Federal Savings and Loan Association of Cleveland 1 2.99% $3,778
Toyota Financial Savings Bank 1 2.75% $3,388
USAA Federal Savings Bank 1 3.63% $6,044
U.S. Bank 1 2.63% $4,132
LAND HOME FINANCIAL SERVICES, INC. 1 3.13% $5,349
Luxury Mortgage Corp. 1 4.75% $14,455
JET DIRECT FUNDING CORP 1 3.00% $5,958
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 2.75% $6,996
MORTGAGE ACCESS CORP. 1 3.25% $5,016
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.50% $4,497
InterContinental Capital Group, Inc 1 3.38% $6,766
GUIDANCE RESIDENTIAL, LLC 1 3.25% $3,721
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.50% $7,924
FM Home Loans, LLC 1 3.38% $5,072
NJ LENDERS CORP. 1 3.63% $4,517
North American Savings Bank, F.S.B. 1 2.88% $3,512
Northwest Bank 1 3.00% $4,171
NP, Inc. 1 3.75% $5,142
OWNERSCHOICE FUNDING, INCORPORATED 1 3.25% $3,427

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 for 2022-11-01 was $204,500, a difference of $47,500 (30.3%) versus the prior year and $-5,500 versus the prior month.

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 listing age (time on market) for 2022-11-01 was 54 days. This is -8% shorter than the same period one year ago.

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)

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 $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.