10606, White Plains, NY

The 10606 zip code of White Plains, NY has a median home value of $1,078,500 and a median home equity value of $282,500. This means that the majority of homes in this zip code are worth more than their original purchase price. Additionally, the average home in this zip code has been on the market for over 149 days and has received over 5 offers. These high levels of demand suggest that there is strong interest in purchasing homes in this area.

While there are many reasons why homeowners might want to sell their homes quickly, one likely reason is that prices have increased significantly since the market peaked in late 2007 and early 2008. At that time, many people were buying homes as investments or using them as part of a strategy to build wealth. Since then, however, the economy has taken a turn for the worse and many people have lost their jobs or seen their income decrease. As a result, they may now need to downsize or sell their homes sooner than they had planned.

On the other hand, some people may be waiting to see if prices will continue to rise before making an offer on a home. If you are thinking about buying a home in this area soon, it is important to keep in mind that prices could go up or down between now and when you actually make your offer – so it’s always best to consult with an expert before making any decisions!