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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ewa is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Ewa has remained a Seller's Market.

Key Takeaway

Ewa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ewa, HI

How much do homes in Ewa, HI cost?

Median Sold Price

$773,446

$616/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,732(+1.9%)

Key Takeaway

Homes in Ewa have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Ewa was $773,446 in October 2024, up 1.9% from last year, and the median price per square foot was $616.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $390K$389K
-0.3%
2 $521.2K$520K
-0.2%
3 $820K$824.4K
0.5%
4 $1.0M$1.0M
+3.6%
5+ $1.1M$1.1M
+1.8%

Summary: Ewa housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Cities

Mililani
+3.9%
Ewa
+1.9%
Ewa Beach
+0.6%

Housing Supply in Ewa, HI

How many homes are available in Ewa, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9881,065+7.8%

Summary: The Ewa real estate market had 1,065 homes for sale in October 2024, a 7.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 5153
+3.9%
2 316340
+7.6%
3 379408
+7.7%
4 174186
+6.9%
5+ 6878
+14.7%

Summary: The Ewa housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 14.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
194232+19.6%

Asking Price vs. Sold Price

76 Homes Were Sold
Under Asking

72 Homes Were Sold
At Asking

84 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ewa, you could pay more than the asking price. 36.2% of homes here sold above asking price last month.

Summary: A total of 232 homes were sold or pending in Ewa in October 2024, up by 19.6% month-over-month. Of the 232 sold homes, 33% were sold under asking, 31% were sold at asking, and 36% were sold over asking.

Days on Market for Ewa, HI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days32 Days+2.2%

Summary: Homes in Ewa had an average of 32 days on market in Oct 2024, up by 2.2% compared to last year.

Breakdown of Home Sale Times

149 Homes Were Sold
Under 30 Days

65 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 232 homes were sold in Ewa; 64% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 8% 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 Ewa, HI

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