$10,000 Closing Credit*
$1,775,000
1,715 SqFt
3 Beds
•3 Full Baths
Listing Office: Keller Williams Honolulu
Is Kapolei, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Kapolei was a Seller's Market.
Key Takeaway
Kapolei 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 Kapolei, HI
How much do homes in Kapolei, HI cost?
Median Sold Price
$784,300
$629/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,831(+2.5%)
Key Takeaway
Homes in Kapolei have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Kapolei was $784,300 in October 2024, up 2.5% from last year, and the median price per square foot was $629.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $425K | +9.0% |
| 2 Bedrooms | $561K | $610K | +8.7% |
| 3 Bedrooms | $799K | $825.7K | +3.3% |
| 4 Bedrooms | $975K | $939K | -3.7% |
| 5+ Bedrooms | $1.1M | $1.1M | 0.0% |
Summary: Kapolei housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes did not change.
Housing Supply in Kapolei, HI
How many homes are available in Kapolei, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 186 | 200 | +7.5% |
Summary: The Kapolei real estate market had 200 homes for sale in October 2024, a 7.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 52 | 55 | +5.8% |
| 3 Bedrooms | 82 | 93 | +13.4% |
| 4 Bedrooms | 37 | 34 | -8.1% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Kapolei housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 30 | -9.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kapolei, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Kapolei in October 2024, down by 9.1% month-over-month. Of the 30 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Kapolei, HI
How long does it take to sell a home in Kapolei, HI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 28 Days | -9.8% |
Summary: Homes in Kapolei had an average of 28 days on market in Oct 2024, down by 9.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kapolei are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in Kapolei; 57% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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