Is 96793, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96793 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 96793 was a Seller's Market.

Key Takeaway

96793 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 96793, HI

How much do homes in 96793, HI cost?

Median Sold Price

$990,000

$729/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$130,000(+15.1%)

Key Takeaway

Homes in 96793 have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in 96793 was $990,000 in October 2024, up 15.1% from last year, and the median price per square foot was $729.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $482.3K$422.5K
-12.4%
2 $575K$626.5K
+9.0%
3 $944.4K$1.1M
+21.9%
4 $1.2M$1.2M
+0.8%
5+ $1.4M$1.1M
-22.1%

Summary: 96793 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 22.1%.

Median Sold Price Compared To Nearby Zip Codes

96753
+28.1%
96793
+15.1%
96732
+13.8%
96790
+9.7%
96761
+7.2%

Housing Supply in 96793, HI

How many homes are available in 96793, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
160164+2.5%

Summary: The 96793 real estate market had 164 homes for sale in October 2024, a 2.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1821
+16.7%
2 3033
+10.0%
3 8182
+1.2%
4 2018
-10.0%
5+ 1110
-9.1%

Summary: The 96793 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2115-28.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96793, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 96793 in October 2024, down by 28.6% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.

Days on Market for 96793, HI

How long does it take to sell a home in 96793, HI?

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days95 Days+850.0%

Summary: Homes in 96793 had an average of 95 days on market in Oct 2024, up by 850% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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

Most homes in 96793 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 15 homes were sold in 96793; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% 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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