Park Terrace, Binghamton, NY
Park Terrace — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Park Terrace, Binghamton, New York. Explore the cited sources and local facts below while agent underwriting continues.
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Park Terrace Neighborhood Overview
Park Terrace is a quiet, residential neighborhood on Binghamton's West Side, known for its tree-lined streets and strong sense of community. It offers a suburban feel with the convenience of being just minutes from downtown Binghamton and major employers.
Housing & Real Estate
The area is characterized by well-maintained, single-family homes, many built in the mid-20th century, along with some duplexes and apartments. With a median home value of approximately $142,100, it represents one of the more affordable and stable housing markets in the region.
Schools & Education
Park Terrace is served by the Binghamton City School District, with residents typically zoned for Calvin Coolidge Elementary School. The neighborhood's proximity to Binghamton University also provides access to cultural and educational resources.
Parks & Recreation
The neighborhood is adjacent to the expansive Ely Park, offering walking trails, golf, and winter sports. Residents also enjoy easy access to the nearby Chenango River for fishing and recreational activities.
Local Dining & Shopping
While primarily residential, Park Terrace is a short drive from the commercial corridor of Main Street on the West Side, featuring diverse restaurants, cafes, and local shops. The nearby Weis Market on Main Street serves as a primary grocery anchor for the area.
Who Lives Here
The neighborhood is a mix of families, professionals, and long-time residents, creating a stable demographic profile. With a median household income around $58,100, it reflects a solidly middle-class community within the city.
Park Terrace Market Data
| Metric | Value |
|---|---|
| Median Home Price | $142K |
| Median Gross Rent | $838/mo |
| Median Household Income | $58K |
| Homeownership Rate | 64.1% |
| Renter-Occupied | 35.9% |
| Rental Vacancy Rate | 6.9% |
| Market Type | Balanced |
| Primary ZIP Code | 13903 |
Top Real Estate Agents in Park Terrace, Binghamton
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Park Terrace, Binghamton, NY. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: New York Department of State Division of Licensing Services — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-11