In January 2025, Westchester County’s real estate market exhibited notable activity. The average home value reached $880,000, marking a 1.1% increase over the past year, with properties typically going pending in about 70 days. The county saw 337 single-family homes sold, a 20% rise compared to January 2024. Current inventory for single-family homes has decreased by 19%, totaling 577 for the month.
In White Plains, the median home sold price was $910,000, down 7% from the previous year. With 19 homes sold and only 10 currently on market (down 47% to LY), White Plains is in desperate need of more inventory.
Yonkers on the other hand, has seen an increase in homes for sale, with 46 homes on market (up 5% to LY), 28 sold last month with a median sales price of $690,000.
Overall, the Westchester County real estate market in January 2025 has continued a trend we’ve encountered over the last few years, low inventory. We’re in desperate need of homes to sell. If you’ve thought of the possibility of selling, I would love to speak to you. Please check out my Home Evaluation page to get an idea of what your home could possibly be worth. Let’s have a conversation on how we can position your home to get top dollar this spring!
Curious on the market in your neighborhood? Check out my Market Stats page for the latest information!
