Is 96782, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96782 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 96782 has remained a Seller's Market.

Key Takeaway

96782 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 96782, HI

How much do homes in 96782, HI cost?

Median Sold Price

$899,000

$610/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$49,000(+5.8%)

Key Takeaway

Homes in 96782 have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in 96782 was $899,000 in October 2024, up 5.8% from last year, and the median price per square foot was $610.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $340K$329.5K
-3.1%
2 $432.5K$489.5K
+13.2%
3 $850K$900K
+5.9%
4 $1.0M$1.0M
+6.8%
5+ $1.0M$1.2M
+17.0%

Summary: 96782 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 17%.

Median Sold Price Compared To Nearby Zip Codes

96797
+7.1%
96782
+5.8%
96701
+4.5%
96789
+3.9%
96818
-2.1%

Housing Supply in 96782, HI

How many homes are available in 96782, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6061+1.7%

Summary: The 96782 real estate market had 61 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 1313
0.0%
3 2625
-3.8%
4 1111
0.0%
5+ 57
+40.0%

Summary: The 96782 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1716-5.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96782, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in 96782 in October 2024, down by 5.9% month-over-month. Of the 16 sold homes, 25% were sold under asking, 44% were sold at asking, and 31% were sold over asking.

Days on Market for 96782, HI

How long does it take to sell a home in 96782, HI?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days16 Days-63.6%

Summary: Homes in 96782 had an average of 16 days on market in Oct 2024, down by 63.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 96782 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in 96782; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

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