Ely Park · Binghamton, NY

Is Now a Good Time to Sell in Ely Park, Binghamton?

The median home in Ely Park sells for $214,000 with prices up 4% year-over-year. Ridley's flat fee saves you $2,921.

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Ely Park Real Estate Market Conditions

62out of 100

Ridley Sell Score

How it's scored →

Moderate

62/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Ely Park 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 MomentumNeutral

Prices up 3.8834951460000005% year-over-year — vs. +15% statewide.

Seller LeverageFavors sellers

Homes selling at 105.98% of asking — sellers are getting 6% above list on average. New York average is 99.7%.

Bidding ActivityFavors sellers

100% of homes selling above list price — 169% above the New York average of 37.2%.

Sale SpeedFavors sellers

6 median days on market — 41 days faster than the New York average.

Market UrgencyFavors sellers

50% 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

$214,000

+4%

Days on Market

6

Price per Sq Ft

$121

Sale-to-List Ratio

105.98%

Homes Sold

5

Sold Above List

100%

Pending in 2 Weeks

50%

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 Ely Park?

$0Estimated savings

That could furnish your new living room — save 1.4% of your home value

$214,000

$50,000$10M

Traditional Agent (3%)

$6,420

Ridley Pro (flat fee)

$3,499

Ready to sell in Ely Park?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Ely Park

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$6,420$3,499$999
Buyer agent$5,9922.8% avg$4,280~2% avg$4,280~2% avg
Closing costs (~1.5%)$3,210$3,210$3,210
Total cost$15,622$10,989$8,489
You save$2,921$5,421

Based on the Ely Park median home price of $214,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Ely Park

A flat fee of $3,499 instead of the typical $6,420 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Ely Park 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 Ely Park 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 $2,921 more

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

FAQ

Common questions about selling in Ely Park

Ready to sell in Ely Park?

Save $2,921

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