White Plains NY Housing Market Update – February 2026 Single-Family Homes
The White Plains NY single-family housing market in the White Plains School District showed an interesting mix of trends in February 2026.
While home prices rose sharply, the number of homes sold declined significantly. This shift is largely due to extremely low inventory and the possibility that a few higher-priced home sales influenced the monthly statistics.
Understanding these market dynamics is important for both buyers and sellers who are watching the White Plains NY real estate market.
Key Market Highlights – February 2026
- Unit Sales: 7 homes sold (↓ 56.3% vs Feb 2025)
- Median Sale Price: $1,190,000 (↑ 32.6%)
- Average Sale Price: $1,238,571 (↑ 20.4%)
- Average List Price: $1,055,477 (↓ 8.4%)
- Inventory: 14 homes available (↓ 48.1%)
- Months of Supply: 0.92 months
- Days on Market: 39 days
- Average Price per Sq Ft: $511.93
- Sale-to-List Price Ratio: 105.9%
- New Listings: 18 homes
- Pending Listings: 15 homes
These statistics come from the White Plains Single-Family Market Report for February 2026.
Why February Prices Jumped
At first glance, the price increases in February appear dramatic:
- Median sale price increased 32.6%
- Average sale price increased 20.4%
- Price per square foot rose nearly 29%
However, with only 7 homes sold during the month, even a small number of larger luxury home sales can significantly influence the monthly averages.
Looking at the historical trend charts in the report, price movement in White Plains tends to fluctuate month-to-month depending on the mix of homes sold.
For this reason, it’s important to view February’s numbers within the context of longer-term market trends rather than a single month.
Extremely Low Inventory Continues
One of the most important factors shaping the market is the extremely limited supply of homes.
- Only 14 homes were available for sale
- Inventory dropped 48.1% year-over-year
- Months of supply fell to 0.92 months
A balanced housing market usually has about 4–6 months of supply. With less than one month of supply, the White Plains market remains very competitive for buyers.
Homes Continue Selling Quickly
Even though fewer homes were sold, the homes that did hit the market continued to move quickly.
- 100% of homes sold within 90 days
- 86% of homes sold for over 95% of their list price
- Average days on market fell to 39 days
The strong 105.9% sale-to-list price ratio indicates that many homes received multiple offers and ultimately sold above asking price.
What This Means for Buyers
Buyers searching for single-family homes in White Plains NY should be prepared for:
- Limited inventory choices
- Strong competition for desirable homes
- Homes potentially selling above asking price
Working with a knowledgeable local agent can help buyers navigate these conditions and identify opportunities before homes receive multiple offers.
What This Means for Sellers
For homeowners considering selling in the White Plains School District, market conditions remain favorable.
- Very low housing inventory
- Homes selling quickly
- Strong buyer demand
These conditions often allow sellers to attract competitive offers when homes are priced strategically and marketed effectively.
Looking Ahead to the Spring Market
As we move toward the spring real estate season, which is typically the busiest time of the year for housing activity, we may see:
- An increase in new listings
- Continued strong buyer demand
- More balanced price trends once sales volume increases
The White Plains NY housing market continues to benefit from its proximity to New York City, strong local amenities, and desirable neighborhoods.
Stay Updated on White Plains Real Estate
If you want to stay informed about the White Plains NY real estate market, follow my blog for regular housing updates and local market insights.
I also share market reports and neighborhood updates on YouTube.
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Contact Me for Local Real Estate Advice
If you’re considering buying or selling a home in the White Plains School District, I would be happy to help.
Understanding local housing trends can make a significant difference when making real estate decisions.
Thomas Roberts
Real Estate Agent | William Raveis
📞 (914) 755-9816
https://linktr.ee/RealtorTom
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