White Plains, NY—10605
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 $963,000, with a year-over-year change of 3.4%. This indicates that home prices in White Plains, NY are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $963,000 | 3.4% |
| Single Family | $1,055,000 | 3.0% |
| Condos | $334,000 | 4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $526,000 | 2.7% |
3 Bed | $952,000 | 2.6% |
4 Bed | $1,133,000 | 3.1% |
| 5 Bed | $1,319,000 | 3.0% |
% of Housing Stock
Rental Trends — White Plains, NY
As of July '25, Rentcast reports the average rent in White Plains, NY is $3,500, with a year-over-year rent change of -14.8%. Per bedroom, the median rent as of July '25 in White Plains, NY is studios: $2,140, 1-bedrooms: $2,610, 2-bedrooms: $3,810, 3-bedrooms: $4,600, 4-bedrooms: $7,020. The most common rental property sizes in White Plains, NY are 2-bedroom and 1-bedroom, accounting for 37.8% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $3,500 |
| Studio Rent | $2,300 | $2,140 |
| 1 Bed Rent | $2,620 | $2,610 |
| 2 Bed Rent | $3,650 | $3,810 |
| 3 Bed Rent | $4,600 | $4,600 |
| 4 Bed Rent | $7,500 | $7,020 |
% 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 54. This is a increase of 26.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $410,000 | 10.0% |
Listing Count | 77 | 73.0% |
| Listings as % of Homes | 0.5% | 73.0% |
Days on Market | 54 | 26.0% |
Demographics — White Plains, NY
As of the latest ACS Survey released in 2023, White Plains, NY has a population of 19,400, which has increased by 3.9% over the past 5 years. White Plains, NY is a moderately popular place for families, as children make up 17.2% of the population. The area has a highly educated workforce, with 65.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,400 | 3.9% |
% Under 18 | 17.2% | -18.1% |
% Seniors | 24.6% | 18.3% |
% WFH | 26.6% | 442.9% |
% w/ College Degree | 65.8% | 10.4% |
As of the latest ACS Survey released in 2023, White Plains, NY is a predominantly white area, with 62.3% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in White Plains, NY is hispanic, making up 18.6% of the population. Foreign-born residents account for 23.9% of the population in White Plains, NY, and this percentage has increased by 15.5% 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 | 62.3% | -7.6% |
% Black | 8.7% | 55.4% |
% Hispanic | 18.6% | -6.5% |
% Asian | 8.3% | 97.6% |
% Foreign Born | 23.9% | 15.5% |
Mortgage and Risk — White Plains, NY
According to HUD data as of 2023, there were 278 mortgage originations in White Plains, NY, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in White Plains, NY. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 278 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
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 11.0%. 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 | 220 |
Total Units Section 8 | 220 |
% Rentals under Section 8 | 11.0% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $2,620 | $2,840 |
| 2 Bedroom | -$510 | $3,650 | $3,140 |
| 3 Bedroom | -$690 | $4,600 | $3,910 |
| 4 Bedroom | -$3,280 | $7,500 | $4,220 |
Affordability — White Plains, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $963,000 |
| Median Household Income | $146,000 |