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 6.94% for the week of 2023-11-30, compared to the national average of 7.22% for the same period.

    The average rate for the prior week (2023-11-22) was 6.61% and one month ago for the week of 2023-10-26, the average rate was 7.41%.

    Binghamton's average rate one year ago was 6.2%.

    For refis of the same type during the week of 2023-11-30, the average rate was 6.61%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-11-30 7.22%
    Binghamton 30 Year Fixed Rate 2023-11-30 6.94%
    Binghamton 30 Year Fixed Rate Refi 2023-11-30 6.61%
    Binghamton 15 Year Fixed Rate 2023-11-30 6.16%
    Binghamton 15 Year Fixed Rate Refi 2023-11-30 5.52%
    Binghamton 30 Year FHA 2023-11-30 6.45%
    Binghamton 30 Year FHA Refi 2023-11-30 6.85%
    Binghamton 30 Year USDA 2023-11-30 6.8%
    Binghamton 30 Year USDA Refi 2023-11-30 6.9%
    Binghamton 30 Year VA 2023-11-30 6.41%
    Binghamton 30 Year VA Refi 2023-11-30 6.77%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    VISIONS 370 3.96% $3,096
    HOMESTEAD FUNDING CORP. 233 5.20% $3,913
    QUICKEN LOANS, LLC 90 5.02% $6,524
    SEFCU SERVICES, LLC 76 4.37% $3,162
    M&T Bank 62 5.26% $4,131
    1ST PRIORITY MORTGAGE, INC. 50 4.45% $3,838
    Community Bank 46 5.41% $984
    NBT Bank 39 4.44% $3,725
    PARAGON HOME LOANS INC. 29 5.28% $3,563
    Wells Fargo Bank 26 5.15% $4,410
    Premium Mortgage Corporation 25 5.27% $3,830
    KeyBank 16 5.17% $2,542
    Empower Federal Credit Union 15 4.01% $3,734
    Citizens & Northern Bank 15 4.68% $4,613
    MOVEMENT MORTGAGE, LLC 15 5.10% $4,971
    Chemung Canal Trust Company 14 4.55% $1,710
    GHS Federal Credit Union 13 5.23% $3,371
    UNITED WHOLESALE MORTGAGE, LLC 12 5.86% $6,854
    LOANDEPOT.COM, LLC 12 4.60% $7,047
    CFCU Community Credit Union 11 4.55% $266
    Citizens Bank 11 4.59% $4,223
    Quontic Bank 10 7.13% $8,577
    ROYAL UNITED MORTGAGE LLC 10 5.75% $6,828
    Tompkins Trust Company 9 4.43% $3,609
    JPMorgan Chase Bank 8 4.80% $5,327
    Mr. Cooper ( Nationstar Mortgage ) 8 5.42% $5,508
    CROSSCOUNTRY MORTGAGE, LLC 8 5.02% $6,304
    First Citizens Community Bank 7 5.98% $4,036
    Elmira Savings Bank 7 3.50% $1,915
    TD Bank 7 4.32% $4,908
    CALIBER HOME LOANS, INC. 7 4.47% $7,101
    PLAZA HOME MORTGAGE, INC. 6 5.15% $6,346
    NAVY FEDERAL CREDIT UNION 5 5.45% $3,512
    Citibank 5 5.63% $4,846
    Peoples Security Bank and Trust Company 5 4.45% $4,158
    FREEDOM MORTGAGE CORPORATION 5 5.18% $5,956
    Bank of America 4 3.72% $5,265
    BETTER MORTGAGE CORPORATION 4 4.75% $8,286
    CCFCU FUNDING, LLC 3 5.58% $3,419
    A&D Mortgage LLC 3 8.75% $9,410
    TOTAL MORTGAGE SERVICES, LLC 3 5.92% $5,251
    GUARANTEED RATE, INC. 3 5.60% $5,444
    21ST MORTGAGE CORPORATION 3 5.98% $6,793
    LYNX MORTGAGE BANK LLC 3 6.38% $4,394
    CONTOUR MORTGAGE CORPORATION 3 4.71% $6,972
    CORNING 3 4.58% $4,648
    Bethpage Federal Credit Union 2 4.19% $6,373
    RELIANCE FIRST CAPITAL, LLC 2 4.75% $6,782
    Farm Credit East, ACA 2 6.33% $8,008
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.06% $5,470
    Evolve Bank & Trust 2 4.94% $3,941
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 4.63% $4,849
    UNITED MORTGAGE CORP 2 5.56% $8,941
    US MORTGAGE CORPORATION 2 4.75% $9,243
    Ally Bank 2 5.00% $4,503
    CARDINAL FINANCIAL 2 4.81% $11,333
    AMERICU Credit Union 2 4.94% $6,224
    The Honesdale National Bank 2 4.19% $7,407
    Mortgage Research Center, LLC 2 4.69% $2,317
    Wilmington Savings Fund Society, FSB 1 4.50% $3,821
    AMERICAN INTERNET MORTGAGE, INC. 1 2.88% $4,926
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.13% $6,134
    Bank of England 1 4.88% $10,405
    Baxter Credit Union 1 3.88% $5,928
    Carrington Mortgage Services, LLC 1 3.25% $4,126
    CLIFFCO, INC. 1 8.25% $9,090
    Discover Bank 1 9.99% $0
    EagleBank 1 2.99% $7,912
    EMBRACE HOME LOANS, INC. 1 5.63% $8,385
    FINANCE OF AMERICA MORTGAGE LLC 1 3.88% $12,257
    First Horizon Bank 1 7.13% $4,879
    First National Bank of Pennsylvania 1 4.38% $4,013
    First Savings Bank 1 4.63% $3,526
    Flagstar Bank, FSB 1 3.13% $4,515
    Genesee Regional Bank 1 4.88% $7,403
    GUARANTEED RATE AFFINITY, LLC 1 5.80% $3,725
    GUIDANCE RESIDENTIAL, LLC 1 6.50% $6,043
    HARTFORD FUNDING, LTD. 1 4.13% $9,785
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.50% $6,540
    LAND HOME FINANCIAL SERVICES, INC. 1 6.13% $7,526
    Leader Bank 1 4.50% $4,429
    LENOX FINANCIAL MORTGAGE CORPORATION 1 3.99% $4,108
    Magnolia Bank 1 6.63% $5,979
    Morgan Stanley Private Bank 1 4.50% $5,027
    NASA Federal Credit Union 1 4.50% $5,707
    NATIONWIDE MORTGAGE BANKERS, INC. 1 3.88% $5,724
    NBKC BANK 1 3.50% $4,057
    NETWORK CAPITAL FUNDING CORPORATION 1 6.63% $5,337
    NJ LENDERS CORP. 1 6.63% $4,900
    North American Savings Bank, F.S.B. 1 5.13% $6,255
    PNC Bank 1 5.38% $4,254
    Ponce Bank 1 5.50% $8,089
    Popular Bank 1 3.50% $4,404
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.25% $4,304
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 4.88% $4,261
    Stifel Bank and Trust 1 4.88% $3,610
    SUN WEST MORTGAGE COMPANY, INC. 1 3.99% $5,013
    TEACHERS 1 5.25% $4,135
    UBS Bank USA 1 3.38% $6,614
    UIF CORPORATION 1 4.88% $11,596
    Ulster Savings Bank 1 4.75% $5,110
    United Nations Federal Credit Union 1 2.88% $5,754
    USAA Federal Savings Bank 1 5.63% $2,711

    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 $126,229 (5.2%) $161,094 (2.2%) 0.41 768
    2019-04-01 $128,500 (2.9%) $163,761 (4.1%) 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 $139,655 (6.0%) $173,011 (4.7%) 0.44 1,013
    2019-09-01 $139,286 (7.2%) $173,222 (6.6%) 0.45 1,013
    2019-10-01 $139,000 (9.1%) $173,329 (8.3%) 0.45 1,014
    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 (10.5%) $177,784 (10.4%) 0.44 705
    2020-04-01 $138,600 (7.9%) $177,157 (8.2%) 0.43 619
    2020-05-01 $144,950 (8.7%) $188,170 (10.8%) 0.44 585
    2020-06-01 $156,400 (11.8%) $200,727 (14.5%) 0.46 586
    2020-07-01 $161,338 (15.3%) $203,279 (16.2%) 0.47 547
    2020-08-01 $159,900 (14.5%) $209,417 (21.0%) 0.46 549
    2020-09-01 $159,000 (14.2%) $211,689 (22.2%) 0.46 548
    2020-10-01 $153,250 (10.3%) $209,770 (21.0%) 0.44 550
    2020-11-01 $149,575 (10.9%) $219,990 (29.7%) 0.44 513
    2020-12-01 $149,000 (14.7%) $219,961 (31.5%) 0.44 453
    2021-01-01 $139,900 (7.7%) $224,159 (34.1%) 0.42 397
    2021-02-01 $141,150 (4.6%) $245,161 (43.0%) 0.41 325
    2021-03-01 $154,450 (10.8%) $260,128 (46.3%) 0.44 299
    2021-04-01 $172,400 (24.4%) $272,082 (53.6%) 0.47 275
    2021-05-01 $189,900 (31.0%) $251,328 (33.6%) 0.51 300
    2021-06-01 $188,900 (20.8%) $247,805 (23.5%) 0.50 346
    2021-07-01 $187,000 (15.9%) $249,729 (22.9%) 0.49 384
    2021-08-01 $182,675 (14.2%) $251,445 (20.1%) 0.49 413
    2021-09-01 $166,875 (5.0%) $246,335 (16.4%) 0.45 424
    2021-10-01 $159,000 (3.8%) $239,330 (14.1%) 0.42 432
    2021-11-01 $157,500 (5.3%) $239,919 (9.1%) 0.42 408
    2021-12-01 $154,950 (4.0%) $233,807 (6.3%) 0.42 370
    2022-01-01 $154,900 (10.7%) $237,242 (5.8%) 0.42 307
    2022-02-01 $161,675 (14.5%) $250,598 (2.2%) 0.42 253
    2022-03-01 $165,000 (6.8%) $260,260 (0.1%) 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 (10.0%) 0.45 280
    2022-06-01 $187,450 (-0.8%) $261,327 (5.5%) 0.42 324
    2022-07-01 $190,000 (1.6%) $262,011 (4.9%) 0.43 375
    2022-08-01 $185,450 (1.5%) $256,256 (1.9%) 0.43 382
    2022-09-01 $192,425 (15.3%) $259,932 (5.5%) 0.45 372
    2022-10-01 $210,000 (32.1%) $262,941 (9.9%) 0.49 367
    2022-11-01 $204,500 (29.8%) $268,407 (11.9%) 0.49 361
    2022-12-01 $199,700 (28.9%) $268,302 (14.8%) 0.49 337
    2023-01-01 $175,975 (13.6%) $256,365 (8.1%) 0.44 293
    2023-02-01 $184,325 (14.0%) $264,701 (5.6%) 0.45 267
    2023-03-01 $185,000 (12.1%) $271,847 (4.5%) 0.44 242
    2023-04-01 $209,000 (20.3%) $291,593 (8.5%) 0.49 220
    2023-05-01 $192,225 (-2.8%) $288,040 (4.2%) 0.44 224
    2023-06-01 $204,950 (9.3%) $289,941 (11.0%) 0.46 246
    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 (-0.8%) 0.45 336
    2023-11-01 $182,225 (-10.9%) $257,073 (-4.2%) 0.43 322
    BINGHAMTON's median listing price for 2023-11-01 was $182,225, a difference of $-22,275 (-10.9%) versus the prior year and $-7,225 versus the prior month.

    BINGHAMTON's median listing price comes in at 43% of the national average.

    BINGHAMTON's average listing price for 2023-11-01 was $257,073, a difference of $-11,334 (-4.2%) versus the prior year and $-3,753 versus the prior month.

    For the 2023-11-01 period, BINGHAMTON had 322 MLS listings, a difference of -14 listings (-4%) versus the prior month and -39 listings (-11%) 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 1,750 sqft
    2018-02-01 104 days 1,752 sqft
    2018-03-01 99 days 1,768 sqft
    2018-04-01 77 days 1,799 sqft
    2018-05-01 64 days 1,824 sqft
    2018-06-01 57 days 1,826 sqft
    2018-07-01 61 days 1,854 sqft
    2018-08-01 67 days 1,813 sqft
    2018-09-01 74 days 1,800 sqft
    2018-10-01 79 days 1,786 sqft
    2018-11-01 77 days 1,768 sqft
    2018-12-01 85 days 1,744 sqft
    2019-01-01 95 days 1,729 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 1,843 sqft
    2019-10-01 77 days 1,856 sqft
    2019-11-01 79 days 1,824 sqft
    2019-12-01 92 days 1,806 sqft
    2020-01-01 95 days 1,803 sqft
    2020-02-01 96 days 1,850 sqft
    2020-03-01 79 days 1,873 sqft
    2020-04-01 86 days 1,859 sqft
    2020-05-01 92 days 1,863 sqft
    2020-06-01 71 days 1,940 sqft
    2020-07-01 43 days 1,933 sqft
    2020-08-01 46 days 1,875 sqft
    2020-09-01 47 days 1,953 sqft
    2020-10-01 51 days 1,875 sqft
    2020-11-01 60 days 1,884 sqft
    2020-12-01 73 days 1,803 sqft
    2021-01-01 86 days 1,747 sqft
    2021-02-01 92 days 1,800 sqft
    2021-03-01 58 days 1,866 sqft
    2021-04-01 38 days 1,875 sqft
    2021-05-01 31 days 1,884 sqft
    2021-06-01 30 days 1,866 sqft
    2021-07-01 33 days 1,876 sqft
    2021-08-01 37 days 1,863 sqft
    2021-09-01 41 days 1,842 sqft
    2021-10-01 47 days 1,807 sqft
    2021-11-01 56 days 1,815 sqft
    2021-12-01 64 days 1,754 sqft
    2022-01-01 77 days 1,750 sqft
    2022-02-01 79 days 1,862 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 43 days 1,903 sqft
    2023-05-01 37 days 1,873 sqft
    2023-06-01 34 days 1,887 sqft
    2023-07-01 37 days 1,858 sqft
    2023-08-01 39 days 1,826 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
    BINGHAMTON's median listing age (time on market) for 2023-11-01 was 47 days. This is -10% shorter than the same period one year ago.

    BINGHAMTON's median square footage for active listings during the 2023-11-01 period was 1,720 sqft. One year prior, the average listing was 1,882 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 $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.