USA.com / New York / Binghamton Area / Housing

Binghamton Metro Area Housing

Basic InfoPopulation/RacesIncome/CareersHousingEducationOthers

As of 2010-2014, median price of a house in Binghamton Area is $108,800, which is much lower than the state average of $283,700 and is much lower than the national average of $175,700. The median year that a house in Binghamton Area was built is 1957, which is about the same as the median year for a house built in the state which is 1956 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 68,367 Owner Occupied Houses in Binghamton Area, #556

Binghamton Area	108,800 USD
New York	283,700 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Binghamton Area	14.05%
New York	90.79%
U.S.	46.91%

*The Binghamton Area median house price growth rate is since 2005-2009. The New York and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Binghamton Area	New York	U.S.
Total Housing Units	112,325, see rank, 100%	8,153,309	132,741,033
Occupied Housing Units	99,616, 88.69%, see rank	88.99%	87.55%
Owner Occupied	68,367, 60.87%, see rank	47.92%	56.34%
Renter Occupied	31,249, 27.82%, see rank	41.07%	31.21%
Vacant Housing Units	12,709, 11.31%, see rank	11.01%	12.45%
For Rent	2,238, 1.99%, see rank	1.92%	2.34%
For Sale Only	1,180, 1.05%, see rank	0.87%	1.20%
Rented or Sold, Not Occupied	1,021, 0.91%, see rank	0.95%	0.92%
For Seasonal, Recreational, or Occasional Use	2,124, 1.89%, see rank	3.84%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	6,146, 5.47%, see rank	3.42%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #822

Binghamton Area	New York	U.S.
1957	1956	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Binghamton Area	%	New York	U.S.
Owner-Occupied Units	68,367	100%	3,906,991	74,787,460
With a Mortgage	38,856	56.83%, see rank	63.75%	65.58%
Without a Mortgage	29,511	43.17%, see rank	36.25%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Binghamton Area	1,184 USD
New York	2,042 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Binghamton Area	%	New York	U.S.
$299 or Less	114	0.29%, see rank	0.18%	0.20%
$300 to $499	744	1.91%, see rank	0.98%	1.59%
$500 to $699	2,865	7.37%, see rank	2.98%	5.01%
$700 to $999	9,124	23.48%, see rank	9.38%	14.32%
$1,000 to $1,499	15,612	40.18%, see rank	19.20%	27.90%
$1,500 to $1,999	6,292	16.19%, see rank	16.14%	20.35%
$2,000 to $2,999	3,214	8.27%, see rank	25.21%	19.52%
$3,000 or More	891	2.29%, see rank	25.94%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Binghamton Area	20.70% of the Total Income
New York	25.30% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Binghamton Area	%	New York	U.S.
10% or Less	3,488	8.98%, see rank	5.96%	5.86%
10% to 20%	14,984	38.56%, see rank	28.39%	31.95%
20% to 30%	9,864	25.39%, see rank	26.11%	27.64%
30% to 40%	4,725	12.16%, see rank	14.22%	13.74%
40% or More	5,658	14.56%, see rank	24.87%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Binghamton Area	479 USD
New York	710 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Binghamton Area	%	New York	U.S.
$199 or Less	1,348	4.57%, see rank	5.20%	7.76%
$200 to $299	3,526	11.95%, see rank	5.70%	14.70%
$300 to $499	11,192	37.92%, see rank	18.86%	34.63%
$500 to $699	7,301	24.74%, see rank	19.69%	21.16%
$700 or More	6,144	20.82%, see rank	50.55%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Binghamton Area	12.90% of the Total Income
New York	14.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Binghamton Area	%	New York	U.S.
10% or Less	10,984	37.22%, see rank	30.96%	40.19%
10% to 20%	10,047	34.04%, see rank	31.75%	31.47%
20% to 30%	4,016	13.61%, see rank	14.54%	12.24%
30% to 40%	1,643	5.57%, see rank	7.45%	5.64%
40% or More	2,622	8.88%, see rank	14.27%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Binghamton Area	New York	U.S.
Total Housing Units	112,325, 100%	8,153,309	132,741,033
1-unit, Detached	70,095, 62.40%, see rank	41.93%	61.65%
1-unit, Attached	1,981, 1.76%, see rank	4.95%	5.82%
2 Units	12,328, 10.98%, see rank	10.61%	3.75%
3 or 4 Units	7,035, 6.26%, see rank	7.39%	4.43%
5 to 9 Units	4,721, 4.20%, see rank	5.27%	4.78%
10 or More Units	8,130, 7.24%, see rank	27.40%	13.08%
Mobile Home, Boat, RV, Van, etc.	8,035, 7.15%, see rank	2.45%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Binghamton Area	New York	U.S.
Total Housing Units	112,325, 100%	8,153,309	132,741,033
1 Room	1,849, 1.65%, see rank	3.74%	1.95%
2 Rooms	1,799, 1.60%, see rank	3.69%	2.48%
3 Rooms	8,001, 7.12%, see rank	15.28%	9.13%
4 Rooms	15,540, 13.83%, see rank	18.50%	16.60%
5 Rooms	19,789, 17.62%, see rank	16.75%	20.41%
6 Rooms	22,617, 20.14%, see rank	15.01%	18.06%
7 Rooms	16,042, 14.28%, see rank	10.26%	12.27%
8 Rooms	11,717, 10.43%, see rank	7.56%	8.48%
9 Rooms or More	14,971, 13.33%, see rank	9.20%	10.60%
Median Rooms	5.90, see rank	5.00	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Binghamton Area	New York	U.S.
Total Housing Units	112,325, 100%	8,153,309	132,741,033
No Bedroom	2,063, 1.84%, see rank	4.29%	2.17%
1 Bedroom	11,702, 10.42%, see rank	19.68%	11.16%
2 Bedrooms	27,830, 24.78%, see rank	26.84%	26.69%
3 Bedrooms	47,101, 41.93%, see rank	31.52%	39.70%
4 Bedrooms	18,418, 16.40%, see rank	13.27%	16.05%
5 or More Bedrooms	5,211, 4.64%, see rank	4.40%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Binghamton Area	New York	U.S.
Total Housing Units	99,616, 100%	7,255,528	116,211,092
Utility Gas	57,216, 57.44%, see rank	56.12%	48.85%
Bottled, Tank, or LP Gas	7,701, 7.73%, see rank	3.36%	4.86%
Electricity	11,142, 11.18%, see rank	10.26%	36.68%
Fuel Oil, Kerosene, etc.	15,814, 15.87%, see rank	26.24%	5.86%
Coal or Coke	1,328, 1.33%, see rank	0.26%	0.12%
Wood	5,200, 5.22%, see rank	2.04%	2.12%
Solar Energy	18, 0.02%, see rank	0.03%	0.05%
Other Fuel	881, 0.88%, see rank	0.97%	0.47%
No Fuel Used	316, 0.32%, see rank	0.72%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Binghamton Area	New York	U.S.
Occupied Units Paying Rent	29,870, 100%	3,233,100	39,201,928
$199 or Less	301, 1.01%, see rank	1.14%	1.50%
$200 to $299	1,071, 3.59%, see rank	4.22%	3.18%
$300 to $499	4,184, 14.01%, see rank	6.44%	7.37%
$500 to $699	9,676, 32.39%, see rank	10.26%	16.01%
$700 to $999	9,854, 32.99%, see rank	19.86%	29.17%
$1,000 to $1,499	3,631, 12.16%, see rank	30.47%	26.88%
$1,500 to $1,999	800, 2.68%, see rank	15.24%	9.79%
$2,000 or More	353, 1.18%, see rank	12.38%	6.10%
Median	$694, see rank	$1,117	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Binghamton Area	New York	U.S.
Occupied Housing Units	99,616, 100%	7,255,528	116,211,092
No Vehicles Available	10,919, 10.96%, see rank	29.34%	9.12%
1 Vehicles Available	35,174, 35.31%, see rank	32.69%	33.80%
2 Vehicles Available	36,361, 36.50%, see rank	26.49%	37.48%
3 or More Vehicles Available	17,162, 17.23%, see rank	11.49%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.