Is White Plains, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$473,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in White Plains was $473,000 in April 2024, up 0.6% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $366.5K | $406K | +10.8% |
3 Bedrooms | $430K | $443.8K | +3.2% |
4 Bedrooms | $499.9K | $535K | +7.0% |
5+ Bedrooms | $549.4K | $605.5K | +10.2% |
Summary: White Plains housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
La Plata | $422.4K | $465K | +10.1% |
White Plains | $470K | $473K | +0.6% |
Housing Supply in White Plains, MD
How many homes are available in White Plains, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 59 | +3.5% |
Summary: The White Plains real estate market had 59 homes for sale in April 2024, a 3.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 24 | 28 | +16.7% |
4 Bedrooms | 26 | 23 | -11.5% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The White Plains housing inventory by bedroom type for April 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 16.7%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 15 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in White Plains in April 2024, down by 16.7% month-over-month. Of the 15 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 33 Days | -8.5% |
Summary: Homes in White Plains had an average of 33 days on market in Apr 2024, down by 8.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in White Plains; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.