White Plains, NY—10606
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 $756,000, with a year-over-year change of 0.9%. This indicates that home prices in White Plains, NY are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $756,000 | 0.9% |
| Single Family | $828,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $537,000 | 0.0% |
3 Bed | $755,000 | 0.7% |
4 Bed | $892,000 | 1.2% |
| 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 $3,160, with a year-over-year rent change of -4.2%. Per bedroom, the median rent as of July '25 in White Plains, NY is studios: $2,240, 1-bedrooms: $2,580, 2-bedrooms: $3,140, 3-bedrooms: $6,800, 4-bedrooms: $6,300. The most common rental property sizes in White Plains, NY are 1-bedroom and 2-bedroom, accounting for 35.9% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $3,160 |
| Studio Rent | $2,120 | $2,240 |
| 1 Bed Rent | $2,700 | $2,580 |
| 2 Bed Rent | $3,350 | $3,140 |
| 3 Bed Rent | $6,400 | $6,800 |
| 4 Bed Rent | $4,000 | $6,300 |
% 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 96. This is a increase of 66.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $316,000 | -31.0% |
Listing Count | 29 | 53.0% |
| Listings as % of Homes | 0.3% | 53.0% |
Days on Market | 96 | 66.0% |
Demographics — White Plains, NY
As of the latest ACS Survey released in 2023, White Plains, NY has a population of 17,600, which has increased by 5.8% over the past 5 years. White Plains, NY is a moderately popular place for families, as children make up 23.2% of the population. The area has a highly educated workforce, with 45.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,600 | 5.8% |
% Under 18 | 23.2% | 10.5% |
% Seniors | 14.1% | 2.2% |
% WFH | 18.9% | 509.7% |
% w/ College Degree | 45.2% | 10.2% |
As of the latest ACS Survey released in 2023, White Plains, NY is a predominantly hispanic area, with 44.0% of the population identifying as hispanic. The hispanic population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in White Plains, NY is white, making up 30.1% of the population. Foreign-born residents account for 38.3% of the population in White Plains, NY, and this percentage has decreased by 1.3% 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 | 30.1% | -3.2% |
% Black | 14.5% | 5.1% |
% Hispanic | 44.0% | -5.8% |
% Asian | 9.3% | 20.8% |
% Foreign Born | 38.3% | -1.3% |
Mortgage and Risk — White Plains, NY
According to HUD data as of 2023, there were 58 mortgage originations in White Plains, NY, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 22.0% above 90% LTV (very high). This implies large 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 | 58 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% 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 9.4%. 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 and 2-bedroom and 4-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 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 376 |
Total Units Section 8 | 376 |
% Rentals under Section 8 | 9.4% |
% Occupied Section 8 | 93.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $2,700 | $3,140 |
| 2 Bedroom | $130 | $3,350 | $3,480 |
| 3 Bedroom | -$2,060 | $6,400 | $4,340 |
| 4 Bedroom | $680 | $4,000 | $4,680 |
Affordability — White Plains, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $756,000 |
| Median Household Income | $115,000 |