White Plains, NY—10604
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 $910,000, with a year-over-year change of 3.8%. This indicates that home prices in White Plains, NY are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $910,000 | 3.8% |
| Single Family | $938,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $828,000 | 2.3% |
4 Bed | $1,008,000 | 1.5% |
| 5 Bed | $2,091,000 | 7.3% |
% of Housing Stock
Rental Trends — White Plains, NY
As of July '25, Rentcast reports the average rent in White Plains, NY is $4,520, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in White Plains, NY is studios: $2,670, 1-bedrooms: $2,880, 2-bedrooms: $3,200, 3-bedrooms: $5,250, 4-bedrooms: $6,830. The most common rental property sizes in White Plains, NY are 2-bedroom and 1-bedroom, accounting for 41.2% and 27.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,450 | $4,520 |
| Studio Rent | $2,580 | $2,670 |
| 1 Bed Rent | $2,700 | $2,880 |
| 2 Bed Rent | $3,400 | $3,200 |
| 3 Bed Rent | $5,200 | $5,250 |
| 4 Bed Rent | $7,000 | $6,830 |
% 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 59. This is a increase of 64.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,020,000 | 16.0% |
Listing Count | 22 | 106.0% |
| Listings as % of Homes | 0.1% | 106.0% |
Days on Market | 59 | 64.0% |
Demographics — White Plains, NY
As of the latest ACS Survey released in 2023, White Plains, NY has a population of 12,200, which has increased by 10.4% over the past 5 years. White Plains, NY is a popular place for families, as children make up 27.0% of the population. The area has a highly educated workforce, with 51.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,200 | 10.4% |
% Under 18 | 27.0% | 33.7% |
% Seniors | 13.9% | -4.8% |
% WFH | 18.1% | 217.5% |
% w/ College Degree | 51.3% | 21.6% |
As of the latest ACS Survey released in 2023, White Plains, NY is a predominantly white area, with 59.5% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in White Plains, NY is hispanic, making up 26.3% of the population. Foreign-born residents account for 24.6% of the population in White Plains, NY, and this percentage has decreased by 24.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 59.5% | 1.5% |
% Black | 7.3% | -18.9% |
% Hispanic | 26.3% | 1.5% |
% Asian | 3.3% | -38.9% |
% Foreign Born | 24.6% | -24.5% |
Mortgage and Risk — White Plains, NY
According to HUD data as of 2023, there were 65 mortgage originations in White Plains, NY, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in White Plains, NY. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
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 9.0%. 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 | 175 |
Total Units Section 8 | 175 |
% Rentals under Section 8 | 9.0% |
% Occupied Section 8 | 84.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $2,700 | $2,930 |
| 2 Bedroom | -$160 | $3,400 | $3,240 |
| 3 Bedroom | -$1,160 | $5,200 | $4,040 |
| 4 Bedroom | -$2,640 | $7,000 | $4,360 |
Affordability — White Plains, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.1 |
| Median Home Price | $910,000 |
| Median Household Income | $111,000 |