Is 96821, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96821 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 96821 has remained a Buyer's Market.

Key Takeaway

96821 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 96821, HI

How much do homes in 96821, HI cost?

Median Sold Price

$1,700,000

$859/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 96821 has remained the same since last year.

Summary: The median home sold price in 96821 was $1,700,000 in November 2024, the same as last year, and the median price per square foot was $859.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $1.2M$1.2M
+1.8%
3 $1.5M$1.3M
-7.5%
4 $1.6M$1.8M
+12.3%
5+ $2.3M$1.9M
-16.1%

Summary: 96821 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 16.1%.

Median Sold Price Compared To Nearby Zip Codes

96825
+13.7%
96816
+2.5%
96821
0.0%

Housing Supply in 96821, HI

How many homes are available in 96821, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7167-5.6%

Summary: The 96821 real estate market had 67 homes for sale in November 2024, a 5.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 2221
-4.5%
4 2120
-4.8%
5+ 2322
-4.3%

Summary: The 96821 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 4.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96821, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 96821 in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for 96821, HI

How long does it take to sell a home in 96821, HI?

Average Sale Time

Nov 2023Nov 2024CHANGE
64 Days39 Days-39.6%

Summary: Homes in 96821 had an average of 39 days on market in Nov 2024, down by 39.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 96821 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 96821; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 19 Days Ago

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