Is White Plains, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, White Plains was a Seller's Market.
Housing Prices in White Plains, MD
How much do homes in White Plains, MD cost?
Median Sold Price
$469,950
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $366.5K | $408K | +11.3% |
3 Bedrooms | $435K | $445K | +2.3% |
4 Bedrooms | $497.4K | $535K | +7.5% |
5+ Bedrooms | $565K | $601.1K | +6.4% |
Summary: White Plains housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Cities
La Plata | $419.9K | $470K | +11.9% |
White Plains | $470K | $469.9K | 0% |
Housing Supply in White Plains, MD
How many homes are available in White Plains, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
106 | 111 | +4.7% |
Summary: The White Plains real estate market had 111 homes for sale in March 2024, a 4.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 51 | 55 | +7.8% |
4 Bedrooms | 32 | 34 | +6.3% |
5+ Bedrooms | 21 | 20 | -4.8% |
Summary: The White Plains housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 4.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 16 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in White Plains in March 2024, up by 100.0% month-over-month. Of the 16 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 20 Days | -25.0% |
Summary: Homes in White Plains had an average of 20 days on market in Mar 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in White Plains; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.