Is 96706, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96706 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 96706 has remained a Seller's Market.

Key Takeaway

96706 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 96706, HI

How much do homes in 96706, HI cost?

Median Sold Price

$823,083

$613/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$3,083(+0.4%)

Key Takeaway

The sold price of homes in 96706 has remained the same since last year.

Summary: The median home sold price in 96706 was $823,083 in December 2024, up 0.4% from last year, and the median price per square foot was $613.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $417K$465K
+11.5%
2 $550K$538.3K
-2.1%
3 $819.6K$795.6K
-2.9%
4 $1.0M$1.0M
+2.4%
5+ $1.1M$1.1M
-3.0%

Summary: 96706 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Zip Codes

96797
+10.7%
96707
+2.4%
96706
0.4%
96818
-0.5%

Housing Supply in 96706, HI

How many homes are available in 96706, HI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
274267-2.6%

Summary: The 96706 real estate market had 267 homes for sale in December 2024, a 2.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 6153
-13.1%
3 122118
-3.3%
4 7273
+1.4%
5+ 1721
+23.5%

Summary: The 96706 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.1%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 23.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4249+16.7%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96706, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in 96706 in December 2024, up by 16.7% month-over-month. Of the 49 sold homes, 43% were sold under asking, 24% were sold at asking, and 33% were sold over asking.

Days on Market for 96706, HI

How long does it take to sell a home in 96706, HI?

Average Sale Time

Dec 2023Dec 2024CHANGE
41 Days51 Days+22.0%

Summary: Homes in 96706 had an average of 51 days on market in Dec 2024, up by 22% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 96706 has remained consistent over time.

Summary: During December 2024, 49 homes were sold in 96706; 41% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

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