Is 96731, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96731 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 96731 has remained a Seller's Market.

Key Takeaway

96731 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 96731, HI

How much do homes in 96731, HI cost?

Median Sold Price

$1,262,500

$1,677/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$232,500(+22.6%)

Key Takeaway

Homes in 96731 have sold for 22.6% more than they did a year ago.

Summary: The median home sold price in 96731 was $1,262,500 in November 2024, up 22.6% from last year, and the median price per square foot was $1,677.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $1.0M$1.1M
+9.1%
2 $1.2M$1.8M
+48.5%
3 $2.7M$875K
-68.0%
4 $4.3M$3.6M
-16.3%
5+ $3.0M$1.0M
-66.2%

Summary: 96731 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 48.5%, 3 bedroom homes decreased by 68%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes decreased by 66.2%.

Housing Supply in 96731, HI

How many homes are available in 96731, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The 96731 real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 11
0.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 96731 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96731, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 96731 in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 96731, HI

How long does it take to sell a home in 96731, HI?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days90 Days+520.7%

Summary: Homes in 96731 had an average of 90 days on market in Nov 2024, up by 520.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 96731 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 96731; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in 96731, HI

Nearby Markets to 96731, HI