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 November 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

$610/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$30,000(-6.5%)

Key Takeaway

Homes in 96826 have sold for 6.5% less than they did a year ago.

Summary: The median home sold price in 96826 was $435,000 in November 2024, down 6.5% from last year, and the median price per square foot was $610.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $390K$370K
-5.1%
2 $515K$499K
-3.1%
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 November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes decreased by 3.1%, 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
+6.2%
96815
+5.4%
96816
+2.5%
96822
+2.1%
96826
-6.5%

Housing Supply in 96826, HI

How many homes are available in 96826, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
151149-1.3%

Summary: The 96826 real estate market had 149 homes for sale in November 2024, a 1.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4440
-9.1%
2 8086
+7.5%
3 2017
-15.0%
4 22
0.0%
5+ 54
-20.0%

Summary: The 96826 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2318-21.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 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. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 96826 in November 2024, down by 21.7% month-over-month. Of the 18 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% 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

Nov 2023Nov 2024CHANGE
59 Days54 Days-7.4%

Summary: Homes in 96826 had an average of 54 days on market in Nov 2024, down by 7.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 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 November 2024, 18 homes were sold in 96826; 44% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 28% 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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