
Cities with the most expensive homes in the Binghamton metro area
Cities with the most expensive homes in the Binghamton metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $367,965 in July, 0.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of August 21, the 30-year fixed mortgage rate sits at 6.58%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Binghamton metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 6 cities and towns with data available were included in the list.

#6. Johnson City, NY
- Typical home value: $157,298
- 1-year price change: +4.0%
- 5-year price change: +62.6%

#5. Waverly, NY
- Typical home value: $164,817
- 1-year price change: +0.8%
- 5-year price change: +33.0%

#4. Whitney Point, NY
- Typical home value: $187,282
- 1-year price change: +1.8%
- 5-year price change: +49.4%

#3. Endicott, NY
- Typical home value: $192,924
- 1-year price change: +3.8%
- 5-year price change: +52.0%

#2. Endwell, NY
- Typical home value: $211,653
- 1-year price change: +2.8%
- 5-year price change: +57.3%

#1. Apalachin, NY
- Typical home value: $228,214
- 1-year price change: +3.3%
- 5-year price change: +54.2%