$4,144 Closing Credit*
$349,000
610 SqFt
1 Bed
•1 Full Bath
Listing Office: Rainbow Realty International
Is Aiea, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Aiea was a Seller's Market.
Key Takeaway
Aiea is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Aiea, HI
How much do homes in Aiea, HI cost?
Median Sold Price
$591,500
$581/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$51,500(+9.5%)
Key Takeaway
Homes in Aiea have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Aiea was $591,500 in November 2024, up 9.5% from last year, and the median price per square foot was $581.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $380K | $389.5K | +2.5% |
| 2 Bedrooms | $473.7K | $503.5K | +6.3% |
| 3 Bedrooms | $812.5K | $790K | -2.8% |
| 4 Bedrooms | $1.2M | $1.1M | -1.7% |
| 5+ Bedrooms | $1.3M | $1.1M | -9.2% |
Summary: Aiea housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Halawa | $975K | $1.0M | +10.0% |
| Aiea | $540K | $591.5K | +9.5% |
| Aiea Heights | $1.1M | $1.1M | +4.5% |
| Pearl City | $875K | $900K | +2.9% |
| Newtown | $1.1M | $1.1M | +0.9% |
Housing Supply in Aiea, HI
How many homes are available in Aiea, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 125 | 123 | -1.6% |
Summary: The Aiea real estate market had 123 homes for sale in November 2024, a 1.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 22 | +37.5% |
| 2 Bedrooms | 47 | 43 | -8.5% |
| 3 Bedrooms | 37 | 36 | -2.7% |
| 4 Bedrooms | 17 | 11 | -35.3% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Aiea housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 16 | -52.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Aiea, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Aiea in November 2024, down by 52.9% month-over-month. Of the 16 sold homes, 69% were sold under asking, 19% were sold at asking, and 13% were sold over asking.
Days on Market for Aiea, HI
How long does it take to sell a home in Aiea, HI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 35 Days | +10.2% |
Summary: Homes in Aiea had an average of 35 days on market in Nov 2024, up by 10.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Aiea are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Aiea; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
