$6,055 Closing Credit*
$509,900
2,688 SqFt
4 Beds
•3 Full Baths
Samer Y. Makhlouf, Listing Office: Apex Home Realty
Is White Plains, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$8,500(-1.8%)
Key Takeaway
Homes in White Plains have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in White Plains was $470,000 in September 2024, down 1.8% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $394.5K | $400.7K | +1.6% |
| 3 Bedrooms | $445.7K | $439K | -1.5% |
| 4 Bedrooms | $534.9K | $550K | +2.8% |
| 5+ Bedrooms | $569K | $601.1K | +5.7% |
Summary: White Plains housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
| La Plata | $445K | $470K | +5.6% |
| White Plains | $478.5K | $470K | -1.8% |
Housing Supply in White Plains, MD
How many homes are available in White Plains, MD?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 71 | 61 | -14.1% |
Summary: The White Plains real estate market had 61 homes for sale in September 2024, a 14.1% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 37 | 29 | -21.6% |
| 4 Bedrooms | 28 | 22 | -21.4% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The White Plains housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 21.6%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 24 | 16 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in White Plains, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in White Plains in September 2024, down by 33.3% month-over-month. Of the 16 sold homes, 6% were sold under asking, 50% were sold at asking, and 44% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 24 Days | 29 Days | +23.8% |
Summary: Homes in White Plains had an average of 29 days on market in Sep 2024, up by 23.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in White Plains are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 16 homes were sold in White Plains; 81% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
