White Plains's real estate market is experiencing a price correction, with values down 21.9% from last year. The median home price has fallen to $199,900, a significant 21.9% decrease year-over-year. With only 1 active listings, inventory is 75% lower than typical for this time of year. Properties are selling within just 21 days on average, much faster than the historical norm of 65 days. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the White Plains market with the affordability index at 2647.7. Based on current market indicators, home prices in White Plains are projected to increase by approximately 16.1% over the next month.
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