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Ely Park, Binghamton, NY Home Prices vs. Nearby Neighborhoods

Ely Park Far West Side West Side South Side West
Median Home Price
$232,000
$227,500
$272,000
$209,950
Median Sale Price
$228,500
-34% YoY
$210,000
+1% YoY
$235,000
+38% YoY
$218,000
+27% YoY
Median Single Family Price
$310,000
$210,000
$250,000
$197,500
Median Townhouse Price
$147,000
$287,500
$260,000
$224,000
Median Condo Price
--
$234,950
$290,000
$464,900
Total Active Listings
0 listings
24 listings
23 listings
15 listings
Market Conditions
0 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market
25 Months of Supply
Buyer's Market
2 Months of Supply
Seller's Market

Frequently Asked Questions

Is Ely Park a good place to live?
Ely Park is a good place to live. Ely Park is considered car-dependent and somewhat bikeable. Ely Park has 6 parks for recreational activities.It is sparse in population with 1.0 people per acre and a median age of 39. The average household income is $93,065 which is below the national average. College graduates make up 42.7% of residents. A majority of residents in Ely Park are renters, with 60% of residents renting and 40% of residents owning their home. A local real estate agent serving Ely Park can help you decide if this neighborhood is the right one for you. Learn more on our Ely Park neighborhood guide.
How much do you need to make to afford a house in Ely Park?
The median home price in Ely Park is $232,000. If you put a 20% down payment of $46,400 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $1,190 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $51K a year to afford the median home price in Ely Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Ely Park is $93K.
What are the best public schools in Ely Park?
The best public schools that serve Ely Park are:
What are the best private schools in Ely Park?
The best private schools that serve Ely Park are:
What are the most popular zip codes in Ely Park, Binghamton, NY?
The most popular zip codes in Ely Park, Binghamton, NY include 13905, 13901, 13904, 13790 and 13903.
What are the most popular neighborhoods near Ely Park, Binghamton, NY?
The most popular neighborhoods near Ely Park, Binghamton, NY are First Ward, Northside Binghamton, West Side, Far West Side and Downtown Binghamton.
Are home prices dropping in Ely Park?
Yes, home prices in Ely Park are down 34% in the last 12 months.
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