White Plains Real‑Estate Market Trends 2025: Prices, Demand & Outlook

Understanding market trends is crucial whether you’re buying, selling or investing. In Q2 2025, the median home sale price in White Plains reached about $990 k, a 5.1 % increase year over year. At the same time, the number of transactions fell to 42, down 32.3 % from the previous year. These figures show that while prices are rising, supply remains tight.

Price Trends & Supply

The median price per square foot reached $470 in Q2 2025, up 12.7 % year over year. White Plains now ranks seventh in Westchester County in median sale price, trailing more expensive communities like Rye and Scarsdale. High demand and limited inventory push prices upward, and rising construction costs have kept new supply in check.

White Plains’ desirability stems from its strong economic base. The city boasts a median household income of about $129,750 and an unemployment rate around 3.5 %, significantly better than national averages. High incomes support purchasing power and contribute to sustained demand for quality housing.

Buyer Demand & Interest‑Rate Impact

Demand is bolstered by the city’s proximity to New York City, providing suburban living with urban access. The market sees competitive bidding on many listings. Low interest rates in recent years made home‑buying more accessible, encouraging more buyers to enter the market. However, a rise in interest rates could dampen affordability and slow sales, so prospective buyers should monitor rate trends closely.

Seasonal Patterns & Inventory

Seasonal fluctuations play a role. Spring and summer are typically the busiest seasons for White Plains real estate, as warmer weather encourages more listings and buyer activity. Conversely, winter months may see a lull in inventory. Limited supply means well‑priced homes often receive multiple offers, creating urgency among buyers.

Neighborhood & Property Type Insights

Most transactions in 2025 have been single‑family houses; condo prices remained flat year over year. Neighborhoods like Highlands and Gedney Farms continue to attract families for their tree‑lined streets and spacious lots. Downtown White Plains appeals to younger buyers seeking high‑rise living and convenient amenities, while suburban areas like Fisher Hill and Ridgeway offer peace, privacy and recreational spaces.

Investment & Future Outlook

Investors should watch both home prices and rental demand. White Plains’ high household incomes and growing population, combined with ongoing development projects, suggest continued appreciation over the long term. Rental demand remains strong, especially near transit hubs and downtown amenities. However, limited inventory and rising rates could temper short‑term gains.

Experts anticipate that continued demand and strategic location will keep White Plains’ market healthy. Buyers should be prepared to act quickly and have financing in place, while sellers can benefit from competitive pricing and strong buyer interest.

Sources: PropertyShark – White Plains Market Trends· Ark7 – Economic Landscape & Demographics· Aileen Yambo Homes – Market Trends & Outlook