Downtown Binghamton · Binghamton, NY

Is Now a Good Time to Sell in Downtown Binghamton, Binghamton?

The median home in Downtown Binghamton sells for $122,000 with prices up 78% year-over-year. Ridley's flat fee saves you $161.

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Downtown Binghamton Real Estate Market Conditions

53out of 100

Ridley Sell Score

How it's scored →

Moderate

53/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Downtown Binghamton market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. New York average is 2.7.

Price MomentumFavors sellers

Prices up 78.10218978% year-over-year — vs. +15% statewide.

Seller LeverageFavors buyers

Homes selling at 95.23% of asking — buyers are negotiating 4.8% below list. New York average is 99.7%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the New York average of 37.2%.

Sale SpeedFavors sellers

11.5 median days on market — 36 days faster than the New York average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 21% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. New York average is 15.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$122,000

+78%

Days on Market

11.5

Price per Sq Ft

$48

Sale-to-List Ratio

95.23%

Homes Sold

4

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Binghamton — delivered monthly.

Your savings

How much can you save selling in Downtown Binghamton?

$0Estimated savings

That covers your moving costs — save 0.1% of your home value

$122,000

$50,000$10M

Traditional Agent (3%)

$3,660

Ridley Pro (flat fee)

$3,499

Ready to sell in Downtown Binghamton?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Downtown Binghamton

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$3,660$3,499$999
Buyer agent$3,4162.8% avg$2,440~2% avg$2,440~2% avg
Closing costs (~1.5%)$1,830$1,830$1,830
Total cost$8,906$7,769$5,269
You save$161$2,661

Based on the Downtown Binghamton median home price of $122,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Downtown Binghamton

A flat fee of $3,499 instead of the typical $3,660 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Downtown Binghamton market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Downtown Binghamton buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $161 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Downtown Binghamton

Ready to sell in Downtown Binghamton?

Save $161

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