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 Units by Size|
|Five Bedrooms or more||4.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.38|
|Median year structure was built||1939|
|Median Value of occupied units||$66,500|
|Median Price asked for vacant units||$47,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.04|
|Median year structure was built||1940|
|Median Monthly Rent asked for vacant units||$370|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||6.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.3%|