Is 96814, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96814 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 96814 was a Seller's Market.

Key Takeaway

96814 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 96814, HI

How much do homes in 96814, HI cost?

Median Sold Price

$902,716

$1,053/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$82,716(+10.1%)

Key Takeaway

Homes in 96814 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 96814 was $902,716 in October 2024, up 10.1% from last year, and the median price per square foot was $1,053.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $530.5K$740K
+39.5%
2 $926.1K$1.0M
+8.3%
3 $1.8M$1.8M
+0.6%
4 $12.0M-
N/A
5+ $716.3K$1.3M
+84.3%

Summary: 96814 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.5%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 84.3%.

Median Sold Price Compared To Nearby Zip Codes

96814
+10.1%
96815
+7.2%
96822
+2.1%
96813
-3.6%
96826
-5.4%

Housing Supply in 96814, HI

How many homes are available in 96814, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
348371+6.6%

Summary: The 96814 real estate market had 371 homes for sale in October 2024, a 6.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 113124
+9.7%
2 182191
+4.9%
3 4548
+6.7%
4 56
+20.0%
5+ 32
-33.3%

Summary: The 96814 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3343+30.3%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96814, you may be able to get a good deal. 95.3% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in 96814 in October 2024, up by 30.3% month-over-month. Of the 43 sold homes, 95% were sold under asking, 2% were sold at asking, and 2% were sold over asking.

Days on Market for 96814, HI

How long does it take to sell a home in 96814, HI?

Average Sale Time

Oct 2023Oct 2024CHANGE
135 Days82 Days-39.0%

Summary: Homes in 96814 had an average of 82 days on market in Oct 2024, down by 39% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 96814 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 43 homes were sold in 96814; 44% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 35% 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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