White Plains Real Estate Market Update: August 2026

Single-family homes, condominiums, co-ops and multifamily properties

I was recently in White Plains getting school supplies for my daughter. Driving through the traffic around The Westchester and City Center—and then trying to find parking—was a reminder of just how active this part of Westchester can be.

That experience is a personal observation, not a housing statistic. Still, it highlights part of White Plains’ identity: a city where established residential neighborhoods sit close to shopping, dining, offices, transportation and a busy downtown. The August housing reports provide the more precise picture of what was happening in the local real estate market.

The results differed significantly by property type. Single-family homes had just 1.76 months of supply. Condo inventory declined sharply, while co-op inventory increased. Only two multifamily properties sold, so that segment requires extra caution. Understanding those differences is much more useful than treating White Plains as one uniform housing market.

White Plains Housing Market at a Glance

Property type	Sales	Median price	Days on market	Inventory	Months of supply
Single-family	22	$978,500	22	27	1.76
Condominium	13	$585,000	52	41	3.09
Co-op	16	$272,000	35	61	4.26
Multifamily	2	$1,010,500	31	9	8.31

Source: William Raveis Local Housing Data for the White Plains School District, August 2026. Year-over-year comparisons are with August 2025. Median prices summarize the properties sold during the month and are not valuations of individual properties. Location, condition, size, amenities, expenses and other features can materially affect value.

Single-Family Homes: Only 1.76 Months of Supply

The single-family market showed the clearest inventory shortage. White Plains had 27 homes in inventory, down 22.9% from August 2025, and only 1.76 months of supply, down 13.6%.

• 22 sales, down 15.4% year over year
• $978,500 median sale price, up 7.9%
• 22 median days on market, down 24.1%
• $515 median sale price per square foot, up 22.1%
• 95% sold within 90 days
• 95% sold for more than 95% of list price

The lower number of sales does not necessarily mean that demand disappeared. Inventory declined by an even larger percentage than closings. When fewer homes are available, the shortage itself can limit how many transactions occur.

The median price and price per square foot both increased, but that does not mean every White Plains house appreciated by the same amount. The mix of properties sold during a month can influence both figures. A house near downtown may attract a different buyer pool from one in Gedney Farms, the Highlands, Fisher Hill, Haviland Manor or another part of the White Plains School District.

White Plains Condos: More Sales but Fewer Choices

The condominium market recorded 13 sales, up 18.2% from August 2025. The median sale price was $585,000, up 3.5%, while the median price per square foot rose 19.6% to $547.

• 41 units in inventory, down 28.1%
• 3.09 months of supply, down 22.2%
• 52 median days on market, up 33.3%
• 77% sold within 90 days
• 100% sold for more than 95% of list price

The condo results were mixed: closings increased and inventory declined, yet the median marketing time lengthened. That is why buyers and sellers should look beyond a single headline. Building, location, unit size, condition, parking, amenities, common charges and taxes can all influence the market response.

For buyers who want access to downtown White Plains, Metro-North, shopping or lower-maintenance living, condos can offer an important alternative to single-family homes. Sellers should compare their unit with competing listings in the same building or comparable buildings rather than relying only on the citywide median.

White Plains Co-ops: Faster Sales with More Inventory

White Plains recorded 16 co-op sales, down 5.9% year over year. The median sale price was $272,000, down 12.3%, and the median price per square foot declined 2.7% to $285.

• 61 units in inventory, up 27.1%
• 4.26 months of supply, up 30.8%
• 35 median days on market, down 47.8%
• 88% sold within 90 days
• 94% sold for more than 95% of list price

The co-op segment provided buyers with more inventory than it did one year earlier. At the same time, the properties that sold moved substantially faster based on the median days-on-market figure. The lower median price may partly reflect the mix of units sold, so owners should not interpret it as an automatic 12.3% change in the value of every co-op.

Co-op buyers need to evaluate more than the purchase price. Monthly maintenance, included expenses, building finances, financing policies and board requirements vary. Buyers should review the complete financial and legal package with their attorney and lender. Sellers should gather building and financial documents early to reduce preventable delays.

If a co-op is part of your plans, start with my complete guide to buying or selling a co-op in Westchester, then use the New York co-op buying guide for important rights, documents and board-preparation details.

White Plains Multifamily Homes: Only Two August Sales

The August report recorded only two multifamily sales, with a median sale price of $1,010,500. No multifamily sales were reported for August 2025, so a meaningful year-over-year comparison cannot be calculated for sales volume, median price or market time.

• 31 median days on market
• 9 properties in inventory, down 18.2%
• 8.31 months of supply, down 11.9%
• 100% sold within 90 days
• 100% sold for more than 95% of list price

Because only two properties closed, these figures should not be treated as a broad valuation trend. Multifamily properties require property-specific analysis. Unit count, rents, expenses, leases, legal use, taxes, condition and anticipated capital improvements can matter as much as recent sale prices.

What the August Market Means for White Plains Buyers

Buyers should prepare according to the property type they are considering. The 1.76-month supply of single-family homes points to a competitive segment where financing, timing and offer strategy matter. Condo inventory also declined substantially. Co-op buyers had more units available, but they must account for building-specific financial and approval requirements.

• Obtain a current mortgage pre-approval or prepare proof of funds.
• Understand the full monthly cost, including taxes, insurance and applicable common charges or maintenance.
• Review recent comparable sales before determining an offer strategy.
• Study building finances and rules when purchasing a condo or co-op.
• Evaluate leases, income, expenses and legal use when purchasing a multifamily property.

Competition should never replace careful decision-making. A strong strategy balances speed with appropriate due diligence and advice from qualified real estate, legal, lending and inspection professionals.

What the August Market Means for White Plains Sellers

Single-family and condo owners benefited from limited supply, but low inventory does not guarantee a particular price. The strongest pricing analysis compares a property with recent sales and active competition while accounting for its specific location, condition, updates, size, layout, taxes, parking and buyer expectations.

Co-op and condo sellers should prepare building documents early and understand how monthly charges affect buyers’ total cost. Multifamily owners need an analysis that includes leases, operating information, property configuration and investment fundamentals.

If you are thinking about selling, beginning the planning process before you are ready to list gives you time to evaluate repairs, preparation, documentation and pricing without unnecessary pressure.

Thinking About Buying or Selling in White Plains?

Citywide and school-district statistics provide context, but your decision should be based on the segment of the White Plains market that matches your home or search. I would be glad to prepare a focused analysis for a single-family home, condominium, co-op or multifamily property.

Helpful Real Estate Resources

• Planning a commute? Review my guide to Metro-North train stations.
• Considering a sale? Begin with a Raveis home-value estimate, then contact me for a property-specific market analysis. An online estimate is a starting point, not an appraisal.

Thomas Roberts
NYS Licensed Real Estate Salesperson
William Raveis Real Estate, Rye
Call or text: (914) 440-3599
Email: Thomas.Roberts@raveis.com

This market update is for general informational purposes only. Real estate conditions can vary by neighborhood, building, price range and property condition. Equal Housing Opportunity.

Frequently Asked Questions About the White Plains Real Estate Market

What was the median price of a White Plains single-family home in August 2026?

The median single-family sale price was $978,500, up 7.9% compared with August 2025.

Was single-family inventory limited in White Plains?

Yes. The report showed 27 single-family homes in inventory and 1.76 months of supply, with inventory down 22.9% year over year.

What was the median White Plains condo price?

The August 2026 median condominium sale price was $585,000, based on 13 reported sales.

What was the median White Plains co-op price?

The August 2026 median co-op sale price was $272,000, based on 16 reported sales.

What did multifamily homes sell for in White Plains?

The reported median was $1,010,500, but only two multifamily properties sold. That small sample should not be treated as a broad market trend.

Can these median prices determine what my White Plains property is worth?

No. A monthly median summarizes a group of sales and is not an appraisal or valuation of a particular property. A property-specific comparative market analysis is needed.