Deferred second loan
City of Binghamton First-Time Homebuyer Program
First-time homebuyers
Down payment assistance · Broome County
Buying a home in Binghamton, NY
2 Binghamton programs and 3 statewide.Binghamton has 2 programs of its own, and 3 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
Find my programs Free · No credit pull · 90 seconds
Only for Binghamton addresses
Binghamton’s own programs
Deferred second loan
First-Time Homebuyer Program
First-time homebuyers · Income limits · Single-family detached · 2-family owner-occupied
The Binghamton marketThe Binghamton housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Binghamton
- 38.8% single-familysingle-family
- 3.2% townhousetownhouse
- 33.5% 2–4 units2–4 units
- 24.3% 5+ unitscondo & apartment buildings (5+ units)
- 0.2% mobile & othermobile home & other
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Binghamton’s homes were built
pre-19401970s2020+
87.8%
of Binghamton homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$88,600
County area median income, 4 people (HUD)HUD area median income, Broome County, 4-person household (2026)
$45,578
Binghamton median household incomeMedian household income in Binghamton (Census, 2024)
10 of the 67 programs here set their income limit as a share of Broome County’s area median income, adjusted for household size. See the published limits for Broome County
Free help nearbyFree help near Binghamton
1 HUD-approved counseling agency within 15 miles1 HUD-approved housing counseling agency within 15 miles
2 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 2 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
Find my counselor
Free account → 90-second match → your counselors · Sign in
Across New York and nationwide
65 statewide & federal programs3 statewide programs, plus federal options
Binghamton questions
Does Binghamton have its own down payment program?
Yes, 2: City of Binghamton First-Time Homebuyer Program and First-Time Homebuyer Program. Each is for homes inside Binghamton.
Can I use assistance on a condo in Binghamton?
Each program sets which kinds of homes it accepts. Where the agency publishes them, the program’s page lists them; the agency confirms it for the home you choose.
What is the income limit in Broome County?
Each program sets its own. 10 of the programs here set theirs as a share of HUD’s area median income for Broome County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Binghamton?
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Binghamton. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
13901 · 13902 · 13903 · 13904 · 13905
Nearby in Broome
Sources
Sources: agency sites (July–September 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (July–September 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.