diff --git a/homeassistant/components/threshold/binary_sensor.py b/homeassistant/components/threshold/binary_sensor.py
index da7d92f7051..3d52d2225be 100644
--- a/homeassistant/components/threshold/binary_sensor.py
+++ b/homeassistant/components/threshold/binary_sensor.py
@@ -61,15 +61,29 @@ _LOGGER = logging.getLogger(__name__)
 
 DEFAULT_NAME: Final = "Threshold"
 
-PLATFORM_SCHEMA = BINARY_SENSOR_PLATFORM_SCHEMA.extend(
-    {
-        vol.Required(CONF_ENTITY_ID): cv.entity_id,
-        vol.Optional(CONF_DEVICE_CLASS): DEVICE_CLASSES_SCHEMA,
-        vol.Optional(CONF_HYSTERESIS, default=DEFAULT_HYSTERESIS): vol.Coerce(float),
-        vol.Optional(CONF_LOWER): vol.Coerce(float),
-        vol.Optional(CONF_NAME, default=DEFAULT_NAME): cv.string,
-        vol.Optional(CONF_UPPER): vol.Coerce(float),
-    }
+
+def no_missing_threshold(value: dict) -> dict:
+    """Validate data point list is greater than polynomial degrees."""
+    if value.get(CONF_LOWER) is None and value.get(CONF_UPPER) is None:
+        raise vol.Invalid("Lower or Upper thresholds are not provided")
+
+    return value
+
+
+PLATFORM_SCHEMA = vol.All(
+    BINARY_SENSOR_PLATFORM_SCHEMA.extend(
+        {
+            vol.Required(CONF_ENTITY_ID): cv.entity_id,
+            vol.Optional(CONF_DEVICE_CLASS): DEVICE_CLASSES_SCHEMA,
+            vol.Optional(CONF_HYSTERESIS, default=DEFAULT_HYSTERESIS): vol.Coerce(
+                float
+            ),
+            vol.Optional(CONF_LOWER): vol.Coerce(float),
+            vol.Optional(CONF_NAME, default=DEFAULT_NAME): cv.string,
+            vol.Optional(CONF_UPPER): vol.Coerce(float),
+        }
+    ),
+    no_missing_threshold,
 )
 
 
@@ -126,9 +140,6 @@ async def async_setup_platform(
     hysteresis: float = config[CONF_HYSTERESIS]
     device_class: BinarySensorDeviceClass | None = config.get(CONF_DEVICE_CLASS)
 
-    if lower is None and upper is None:
-        raise ValueError("Lower or Upper thresholds not provided")
-
     async_add_entities(
         [
             ThresholdSensor(
diff --git a/tests/components/threshold/test_binary_sensor.py b/tests/components/threshold/test_binary_sensor.py
index e0973c7a580..259009c6319 100644
--- a/tests/components/threshold/test_binary_sensor.py
+++ b/tests/components/threshold/test_binary_sensor.py
@@ -538,7 +538,7 @@ async def test_sensor_no_lower_upper(
     await async_setup_component(hass, Platform.BINARY_SENSOR, config)
     await hass.async_block_till_done()
 
-    assert "Lower or Upper thresholds not provided" in caplog.text
+    assert "Lower or Upper thresholds are not provided" in caplog.text
 
 
 async def test_device_id(