$4,976 Closing Credit*
$419,000
702 SqFt
2 Beds
•1 Full Bath
Listing Office: HOMES R US REALTY, LLC
Is 96797, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 96797 was a Seller's Market.
Key Takeaway
96797 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 96797, HI
How much do homes in 96797, HI cost?
Median Sold Price
$799,000
$650/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$61,500(+8.3%)
Key Takeaway
Homes in 96797 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 96797 was $799,000 in November 2024, up 8.3% from last year, and the median price per square foot was $650.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420K | $336K | -20.0% |
| 2 Bedrooms | $512K | $520K | +1.6% |
| 3 Bedrooms | $850.5K | $897K | +5.5% |
| 4 Bedrooms | $960K | $1.0M | +5.2% |
| 5+ Bedrooms | $1.1M | $1.1M | 0.0% |
Summary: 96797 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes did not change.
Housing Supply in 96797, HI
How many homes are available in 96797, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 131 | 140 | +6.9% |
Summary: The 96797 real estate market had 140 homes for sale in November 2024, a 6.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 53 | 49 | -7.5% |
| 3 Bedrooms | 40 | 46 | +15.0% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 21 | 22 | +4.8% |
Summary: The 96797 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 96797, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 96797 in November 2024, down by 22.2% month-over-month. Of the 21 sold homes, 38% were sold under asking, 33% were sold at asking, and 29% were sold over asking.
Days on Market for 96797, HI
How long does it take to sell a home in 96797, HI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 34 Days | +33.8% |
Summary: Homes in 96797 had an average of 34 days on market in Nov 2024, up by 33.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 96797 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in 96797; 62% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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