Is White Plains, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, White Plains has remained a Seller's Market.
Housing Prices in White Plains, MD
How much do homes in White Plains, MD cost?
Median Sold Price
$470,000
$182/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Summary: The median home sold price in White Plains was $470,000 in May 2024, the same as last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $352K | $408K | +15.9% |
3 Bedrooms | $445K | $439K | -1.3% |
4 Bedrooms | $519K | $550K | +6.0% |
5+ Bedrooms | $550K | $601.1K | +9.3% |
Summary: White Plains housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.9%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
La Plata | $427.4K | $452.4K | +5.8% |
White Plains | $470K | $470K | 0.0% |
Housing Supply in White Plains, MD
How many homes are available in White Plains, MD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
81 | 80 | -1.2% |
Summary: The White Plains real estate market had 80 homes for sale in May 2024, a 1.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 41 | 39 | -4.9% |
4 Bedrooms | 28 | 28 | 0.0% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The White Plains housing inventory by bedroom type for May 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 4.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in White Plains in May 2024, down by 11.8% month-over-month. Of the 15 sold homes, 20% were sold under asking, 27% were sold at asking, and 53% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 26 Days | -6.9% |
Summary: Homes in White Plains had an average of 26 days on market in May 2024, down by 6.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in White Plains; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.