White Plains, NY—10603
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — White Plains, NY
As of Oct '25, the median home price in White Plains, NY is $643,000, with a year-over-year change of 3.5%. This indicates that home prices in White Plains, NY are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $643,000 | 3.5% |
| Single Family | $740,000 | 2.6% |
| Condos | $357,000 | 3.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $281,000 | 2.9% |
2 Bed | $444,000 | 2.8% |
3 Bed | $717,000 | 3.0% |
4 Bed | $856,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — White Plains, NY
As of July '25, Rentcast reports the average rent in White Plains, NY is $3,670, with a year-over-year rent change of 7.9%. Per bedroom, the median rent as of July '25 in White Plains, NY is studios: $1,800, 1-bedrooms: $2,400, 2-bedrooms: $3,080, 3-bedrooms: $4,420, 4-bedrooms: $6,900. The most common rental property sizes in White Plains, NY are 2-bedroom and 1-bedroom, accounting for 45.2% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,670 |
| Studio Rent | $1,750 | $1,800 |
| 1 Bed Rent | $2,150 | $2,400 |
| 2 Bed Rent | $3,000 | $3,080 |
| 3 Bed Rent | $4,000 | $4,420 |
| 4 Bed Rent | $7,000 | $6,900 |
% of Rental Stock
Property Listings — White Plains, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in White Plains, NY is 36. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $434,000 | -23.0% |
Listing Count | 64 | 94.0% |
| Listings as % of Homes | 0.3% | 94.0% |
Days on Market | 36 | -3.0% |
Demographics — White Plains, NY
As of the latest ACS Survey released in 2023, White Plains, NY has a population of 19,200, which has increased by 7.6% over the past 5 years. White Plains, NY is a moderately popular place for families, as children make up 19.9% of the population. The area has a highly educated workforce, with 47.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | 7.6% |
% Under 18 | 19.9% | 2.1% |
% Seniors | 16.1% | 11.0% |
% WFH | 14.3% | 266.7% |
% w/ College Degree | 47.1% | -7.5% |
As of the latest ACS Survey released in 2023, White Plains, NY is a predominantly hispanic area, with 35.4% of the population identifying as hispanic. The hispanic population has grown by 53.2% in the last 5 years. The second most common race or ethnicity in White Plains, NY is white, making up 33.8% of the population. Foreign-born residents account for 33.5% of the population in White Plains, NY, and this percentage has increased by 32.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 33.8% | -17.8% |
% Black | 22.6% | -18.7% |
% Hispanic | 35.4% | 53.2% |
% Asian | 5.1% | -33.8% |
% Foreign Born | 33.5% | 32.9% |
Mortgage and Risk — White Plains, NY
According to HUD data as of 2023, there were 218 mortgage originations in White Plains, NY, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in White Plains, NY. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 218 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — White Plains, NY
As of 2024, the percent of homes in White Plains, NY under the Section 8 program is 13.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in White Plains, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 339 |
Total Units Section 8 | 339 |
% Rentals under Section 8 | 13.1% |
% Occupied Section 8 | 85.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $540 | $2,150 | $2,690 |
| 2 Bedroom | -$20 | $3,000 | $2,980 |
| 3 Bedroom | -$290 | $4,000 | $3,710 |
| 4 Bedroom | -$2,990 | $7,000 | $4,010 |
Affordability — White Plains, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $643,000 |
| Median Household Income | $121,000 |