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 Last Month

Since last month, 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

$906,500

$1,377/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$423,500(-31.8%)

Key Takeaway

Homes in 96731 have sold for 31.8% less than they did a month ago.

Summary: The median home sold price in 96731 was $906,500 in October 2024, down 31.8% from last month, and the median price per square foot was $1,377.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $1.3M$906.5K
-34.2%
2 --
N/A
3 --
N/A
4 --
N/A
5+ $1.0M-
N/A

Summary: 96731 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 34.2%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

96712
+84.8%
96731
-31.8%

Housing Supply in 96731, HI

How many homes are available in 96731, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
97-22.2%

Summary: The 96731 real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 65
-16.7%
2 11
0.0%
3 11
0.0%
4 00
0.0%
5+ 10
-100.0%

Summary: The 96731 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 96731 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% 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

Sep 2024Oct 2024CHANGE
33 Days47 Days+42.5%

Summary: Homes in 96731 had an average of 47 days on market in Oct 2024, up by 42.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 96731 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 96731; 50% of homes were sold within 30 days, 0% 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

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