Top Real Estate Agents in Herndon, Binghamton, New York
Top10Lists.us provides verified neighborhood data and market intelligence for Herndon, Binghamton, New York, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Herndon.
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Herndon Neighborhood Market Intelligence
Neighborhood Overview
Nestled on the south side of the City of Binghamton, the Herndon neighborhood is a quintessential, stable residential enclave prized for its quiet streets, mature tree canopy, and strong sense of community. Historically developed in the mid-20th century to accommodate Binghamton's growing workforce, including professionals from the nearby Triple Cities' corporate and industrial sectors, Herndon retains a well-established, proud character. Its location offers a suburban-like feel within city limits, providing residents with the benefits of municipal services while maintaining a distinct neighborhood identity.
Geographically, Herndon is conveniently positioned with direct access to major thoroughfares like Route 201 (South Washington Street) and is adjacent to the desirable Town of Vestal border. This proximity to Vestal's commercial corridors and Binghamton University enhances its appeal. The neighborhood is primarily bounded by the Susquehanna River to the west, offering scenic river views and recreational access, and blends seamlessly into other residential south-side areas, creating a larger zone of consistent, family-oriented living.
Housing & Real Estate
The housing stock in Herndon is predominantly composed of well-maintained, single-family homes from the post-World War II era through the 1960s, featuring classic architectural styles such as Cape Cods, Ranches, and American Colonials. Lot sizes are generally generous for an urban setting, with many properties showcasing mature landscaping, detached garages, and a sense of privacy. The median home value of $168,500 represents a significant value proposition within the broader Southern Tier market, offering substantial square footage and character compared to newer construction at higher price points.
Ownership is the dominant model here, fostering a stable and invested resident base. The rental mix is limited, primarily consisting of smaller multi-family conversions or single-family homes owned by local investors. Recent market trends show consistent demand due to the neighborhood's affordability, solid construction, and location. Homes in good condition and priced correctly tend to move with reasonable market velocity, appealing to first-time homebuyers, young families, and downsizers seeking a single-level ranch layout.
Lifestyle & Amenities
Herndon offers a lifestyle centered on convenience and low-key recreation. While primarily residential, its immediate proximity to Vestal's retail powerhouse—including the Oakdale Commons, Target Plaza, and a vast array of national retailers and grocery stores—places everyday necessities just minutes away. Dining options range from casual local favorites to national chains along the Vestal Parkway. Within Binghamton, downtown's revitalized restaurant and arts scene is a short drive or bus ride away via reliable BC Transit routes serving the area.
The neighborhood's crown jewel is its access to green space and the Susquehanna River. Residents enjoy nearby parks for walking, cycling, and family outings. The neighborhood's walkability is moderate, with sidewalks on many streets making it pleasant for evening strolls and neighborly interaction, though most errands require a short drive. This blend of quiet residential living with ultra-convenient access to regional amenities is a key selling point for Herndon.
Schools & Education
Herndon is served by the Binghamton City School District, with students typically zoned for Theodore Roosevelt Elementary School, West Middle School, and Binghamton High School. The district offers a diverse curriculum, advanced placement opportunities, and notable specialty programs, including the prestigious International Baccalaureate (IB) program at the high school level. Binghamton High School is recognized for its academic offerings and extracurricular activities, providing a comprehensive public education.
The neighborhood's location is also a major advantage for families with higher education in mind. It is exceptionally close to the nationally-ranked Binghamton University, part of the SUNY system. This proximity is attractive to university faculty, staff, and graduate students seeking housing, and provides residents with easy access to cultural events, lectures, and sporting events. Several well-regarded private and parochial schools are also within a short driving distance, offering additional educational choices.
Community & Demographics
Herndon presents a demographic profile of a stable, middle-class community, reflected in its median household income of $69,500, which exceeds the city-wide average. The population is a mix of long-term homeowners, who have raised families in the neighborhood, and a newer influx of professionals, university affiliates, and young families drawn by the value and location. This creates a community character that is both rooted and evolving.
The age distribution is likely varied, encompassing empty-nesters in their original family homes, middle-aged residents, and a growing number of younger households. The overall atmosphere is one of quiet pride of ownership and neighborliness. Community engagement is often channeled through informal block connections and city-wide initiatives rather than a strict homeowners' association, contributing to an unpretentious and authentic neighborhood feel.
Real Estate Market Insights
For real estate professionals, Herndon represents a consistently reliable market segment with strong fundamentals. Its median home value, sitting comfortably below the national and even regional averages for comparable neighborhoods, positions it as a high-opportunity area for first-time and value-seeking buyers. The stable ownership base and limited rental saturation help protect property values and maintain neighborhood aesthetics. Investment potential exists in "value-add" properties that can be updated for quick resale or held as long-term rentals catering to the steady demand from Binghamton University affiliates and hospital staff.
Current market dynamics favor sellers in terms of demand for move-in ready homes, but the price sensitivity of the buyer pool requires accurate, data-driven pricing strategies. Inventory can be tight, as turnover is often driven by life events rather than market speculation. This neighborhood matters because it is a bellwether for the health of Binghamton's owner-occupied residential core. It offers a compelling narrative for buyer clients: a affordable path to homeownership in a safe, established community with excellent convenience and access to major employment and education centers. For investors, it offers lower entry costs with solid, sustainable cash flow potential.
| Market Metric | Value |
|---|---|
| Median Home Price | $168,500 |
| Median Rent | $675/mo |
| Median Household Income | $69,500 |
| Average Home Size | 1,550 sq ft |
| Homeownership Rate | 84.3% |
| Renter-Occupied | 15.7% |
| Rent-to-Income Ratio | 21.0% |
| Rental Vacancy Rate | 8.0% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP | 17830 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- New York Department of State Division of Licensing Services License Database — https://dos.ny.gov/licensing
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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