Binghamton, NY Real Estate

According to census data in the year 2000 there were 23,971 housing units in Binghamton. This represents a 2.7% decline from 24,626 in 1990.

Of those housing units, 23,955 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.

Homeownership rate in Binghamton is about 43%. Binghamton's vacancy rate, including seasonal lodging, is about 12%. Average household size is 2.19 people.

The majority of houses, apartments or condos in Binghamton were built after 1939.


Housing Size

Housing Units by Size
Studio Type3%
One Bedroom19.90%
Two Bedrooms30.60%
Three Bedrooms31%
Four Bedrooms10.70%
Five Bedrooms or more4.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1939
Median Value of occupied units$66,500
Median Price asked for vacant units$47,900

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1940
Median Monthly Rent asked for vacant units$370

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage4.40%
Home Equity Loan6.70%
Simple Mortgage46.40%
Debt Free42.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%