Binghamton, NY Foreclosed Homes & Properties

Foreclosure Homes for Sale in Binghamton, NY: What You Need to Know

Binghamton, New York is a quaint yet thriving city situated near where the Chenango and Susquehanna rivers meet. A combination of a close-knit community and high-tech industry make Binghamton a city on the rise. 

Local History

William Bingham bought the land that would become Binghamton in 1786, choosing the location where two primary rivers met with the intention of building the area’s first bridge. The Chenango Canal was completed by 1837 and successfully connected Binghamton to the Erie Canal, allowing the city to flourish in industry and agricultural growth. The region provided an abundance of work opportunities for locals and immigrants alike, leading it to be called the Valley of Opportunity by the early 20th century. 

Best Neighborhoods in Binghamton

Young professionals typically choose Downtown Binghamton for their living quarters as it keeps them close to the city’s business centers as well as the local arts and culture scene. The West Side of Binghamton lies along the Chenango River and is a largely residential area with everything from student housing to stately Victorian-style mansions. Families also love the First Ward, another mostly residential neighborhood with a variety of beautifully designed churches nearby as well as plentiful supermarkets, banks, pharmacies, and restaurants. 

Employment Opportunities

The majority of current employment in Bingham is oriented around manufacturing for the technology and defense sectors. This includes such specialized positions as flight simulation, systems integration, and printed circuit board manufacturing, and some of the largest companies employing in the area are IBM, Lockheed Martin, and i3 Electronics. Other significant industries in Binghamton include the education and healthcare sectors, primarily through Binghamton University, Upstate Medical University, and United Health Services.

Local Culture

Downtown Binghamton is home to a variety of art galleries and local events surrounding its thriving arts scene. The First Friday Art Walk draws impressive crowds, and the Binghamton Philharmonic provides high-caliber music to locals and visitors alike. The region also boasts a local dish called the spiedie, which consists of marinated and cubed meat grilled on a charcoal pit and served in a roll. 

Binghamton Sports

Binghamton has been very involved historically with minor-league sports; in fact, the Eastern League was founded in Bingham in 1923. This includes baseball teams the Rumble Ponies and the Bulldogs, hockey team the Devils, and football team Broome County Stallions. Binghamton has also hosted a round of the Motocross Championship of the American Motorcyclist Association since 1978.