White Plains, NY

Population: 57,866
Average annual home appreciation rate: 5.53%
Total of homes for sale in this market: 242
Median home price: $506,453
Median Rent: $1,563 per room
Home price range: 28.84% of homes are between $511,001 – $767,000
Median sales price: $431,000
Number of homes: 542
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 54.85% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 5.58%
Number of renters: 47.94%
Number of owner occupied: 52.06%
Number people living below poverty level: 9.09%
Unemployment rate: 3.70%
Is this area perfect for real estate deals going on right now? WIth the combination of positive appreciation rates, home prices, and high rental rates, this could be the recipe for success for the savvy buy and hold investor.

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