Comprehensive market data and analysis• Updated Oct 2026
14.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 5 | 11 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | 1 | 2 | 2 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | 1 | 2 | 4 | 5 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 2 | 6 | 14 | 23 |
Acreage buckets
The median price for land in Binghamton, New York is currently $18K per acre. For a typical parcel, the median sale price is $67K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $228K.
Binghamton, New York is currently a strong buyer's market with 14.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Binghamton, New York currently has 14.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Binghamton, New York is 6.9%. The 12-month rate is 6.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Binghamton, New York saw 23 properties sold, totaling $2.0M in sales volume. In just the last 3 months, 6 properties changed hands.
There are currently 29 active listings in Binghamton, New York. 11 new listings have hit the market in the last 90 days. The median asking price is $25K.
The current absorption rate in Binghamton, New York is 6.9% (3-month basis), indicating slow demand. The top-performing broker in this market is HOWARD HANNA.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Binghamton on LandyDandy.
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