Is White Plains, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Plains is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, White Plains has remained a Seller's Market.

Key Takeaway

White Plains is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in White Plains, MD

How much do homes in White Plains, MD cost?

Median Sold Price

$470,000

$187/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in White Plains has remained the same since last year.

Summary: The median home sold price in White Plains was $470,000 in November 2024, the same as last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $408K$406K
-0.5%
3 $445K$437.4K
-1.7%
4 $535K$550K
+2.8%
5+ $588.9K$600K
+1.9%

Summary: White Plains housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Cities

La Plata
+7.6%
White Plains
0.0%

Housing Supply in White Plains, MD

How many homes are available in White Plains, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
51510.0%

Summary: The White Plains real estate market had 51 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 3234
+6.3%
4 910
+11.1%
5+ 86
-25.0%

Summary: The White Plains housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1610-37.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Plains, expect to pay close to the asking price. 70% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in White Plains in November 2024, down by 37.5% month-over-month. Of the 10 sold homes, 10% were sold under asking, 70% were sold at asking, and 20% were sold over asking.

Days on Market for White Plains, MD

How long does it take to sell a home in White Plains, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days26 Days-36.0%

Summary: Homes in White Plains had an average of 26 days on market in Nov 2024, down by 36% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in White Plains are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in White Plains; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in White Plains, MD

Nearby Markets to White Plains, MD

What housing markets are near White Plains, MD?