$5,094 Closing Credit*
$429,000
782 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: New Star Hawaii Top Realty
Is 96822, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 96822 was a Seller's Market.
Key Takeaway
96822 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 96822, HI
How much do homes in 96822, HI cost?
Median Sold Price
$485,000
$626/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.1%)
Key Takeaway
Homes in 96822 have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in 96822 was $485,000 in October 2024, up 2.1% from last year, and the median price per square foot was $626.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | $345K | +1.5% |
| 2 Bedrooms | $465K | $450K | -3.2% |
| 3 Bedrooms | $1.3M | $1.3M | +5.8% |
| 4 Bedrooms | $1.4M | $1.7M | +21.1% |
| 5+ Bedrooms | $2.2M | $1.9M | -13.0% |
Summary: 96822 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 13%.
Housing Supply in 96822, HI
How many homes are available in 96822, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 163 | 174 | +6.7% |
Summary: The 96822 real estate market had 174 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 46 | 54 | +17.4% |
| 2 Bedrooms | 60 | 62 | +3.3% |
| 3 Bedrooms | 23 | 23 | 0.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 22 | 24 | +9.1% |
Summary: The 96822 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 3.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 96822, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 96822 in October 2024, down by 6.9% month-over-month. Of the 27 sold homes, 52% were sold under asking, 33% were sold at asking, and 15% were sold over asking.
Days on Market for 96822, HI
How long does it take to sell a home in 96822, HI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 28 Days | -59.3% |
Summary: Homes in 96822 had an average of 28 days on market in Oct 2024, down by 59.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 96822 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 96822; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
