Is White Plains, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, White Plains was a Neutral Market.
Housing Prices in White Plains, NY
How much do homes in White Plains, NY cost?
Median Sold Price
$593,916
$374/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in White Plains was $593,916 in April 2024, up 8.1% from last year, and the median price per square foot was $374.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $215K | +13.2% |
2 Bedrooms | $402K | $448K | +11.4% |
3 Bedrooms | $662K | $721K | +8.9% |
4 Bedrooms | $791.5K | $880K | +11.2% |
5+ Bedrooms | $960K | $994.9K | +3.6% |
Summary: White Plains housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
Scarsdale | $1.1M | $1.3M | +16.4% |
Greenburgh | $662.8K | $730K | +10.1% |
White Plains | $549.3K | $593.9K | +8.1% |
Harrison | $1.3M | $1.2M | -3.2% |
Hartsdale | $395K | $355K | -10.1% |
Housing Supply in White Plains, NY
How many homes are available in White Plains, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
247 | 295 | +19.4% |
Summary: The White Plains real estate market had 295 homes for sale in April 2024, a 19.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 52 | 62 | +19.2% |
2 Bedrooms | 78 | 89 | +14.1% |
3 Bedrooms | 50 | 68 | +36.0% |
4 Bedrooms | 51 | 50 | -2.0% |
5+ Bedrooms | 16 | 26 | +62.5% |
Summary: The White Plains housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19.2%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 36%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 62.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 42 | +68.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in White Plains in April 2024, up by 68.0% month-over-month. Of the 42 sold homes, 36% were sold under asking, 12% were sold at asking, and 52% were sold over asking.
Days on Market for White Plains, NY
How long does it take to sell a home in White Plains, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 44 Days | -28.7% |
Summary: Homes in White Plains had an average of 44 days on market in Apr 2024, down by 28.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in White Plains; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.