Is 96825, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96825 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 96825 was a Seller's Market.

Key Takeaway

96825 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 96825, HI

How much do homes in 96825, HI cost?

Median Sold Price

$1,296,500

$802/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$156,500(+13.7%)

Key Takeaway

Homes in 96825 have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in 96825 was $1,296,500 in November 2024, up 13.7% from last year, and the median price per square foot was $802.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $566.2K$562K
-0.8%
2 $809.5K$739K
-8.7%
3 $1.1M$1.2M
+12.4%
4 $1.5M$1.6M
+9.7%
5+ $2.4M$2.5M
+6.2%

Summary: 96825 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 6.2%.

Housing Supply in 96825, HI

How many homes are available in 96825, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
121126+4.1%

Summary: The 96825 real estate market had 126 homes for sale in November 2024, a 4.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 3842
+10.5%
3 4449
+11.4%
4 2019
-5.0%
5+ 1512
-20.0%

Summary: The 96825 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 increased by 10.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2120-4.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96825, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 96825 in November 2024, down by 4.8% month-over-month. Of the 20 sold homes, 45% were sold under asking, 30% were sold at asking, and 25% were sold over asking.

Days on Market for 96825, HI

How long does it take to sell a home in 96825, HI?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days34 Days+13.3%

Summary: Homes in 96825 had an average of 34 days on market in Nov 2024, up by 13.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 96825 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in 96825; 55% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 5% 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 21 Days Ago

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