Is 96826, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96826 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 96826 was a Seller's Market.

Key Takeaway

96826 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 96826, HI

How much do homes in 96826, HI cost?

Median Sold Price

$435,000

$602/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,000(-5.4%)

Key Takeaway

Homes in 96826 have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in 96826 was $435,000 in October 2024, down 5.4% from last year, and the median price per square foot was $602.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $380K$370K
-2.6%
2 $515K$479.7K
-6.8%
3 $706.5K$720K
+1.9%
4 $1.1M$1.1M
-6.9%
5+ $1.6M$1.3M
-19.4%

Summary: 96826 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 19.4%.

Median Sold Price Compared To Nearby Zip Codes

96814
+10.1%
96815
+7.2%
96822
+2.1%
96816
+1.0%
96826
-5.4%

Housing Supply in 96826, HI

How many homes are available in 96826, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
148162+9.5%

Summary: The 96826 real estate market had 162 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4847
-2.1%
2 7587
+16.0%
3 1720
+17.6%
4 22
0.0%
5+ 66
0.0%

Summary: The 96826 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1223+91.7%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96826, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 96826 in October 2024, up by 91.7% month-over-month. Of the 23 sold homes, 70% were sold under asking, 13% were sold at asking, and 17% were sold over asking.

Days on Market for 96826, HI

How long does it take to sell a home in 96826, HI?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days87 Days+248.8%

Summary: Homes in 96826 had an average of 87 days on market in Oct 2024, up by 248.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 96826 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 23 homes were sold in 96826; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 30% 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

Newest Listings in 96826, HI

Nearby Markets to 96826, HI