$9,488 Closing Credit*
$799,000
1,529 SqFt
3 Beds
•2 Full Baths, 1 Partial
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 November 2023
At the same time last year, Kapolei was a Seller's Market.
Key Takeaway
Kapolei is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kapolei, HI
How much do homes in Kapolei, HI cost?
Median Sold Price
$780,831
$630/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,331(+1.6%)
Key Takeaway
Homes in Kapolei have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Kapolei was $780,831 in November 2024, up 1.6% from last year, and the median price per square foot was $630.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $425K | +9.0% |
| 2 Bedrooms | $552.5K | $610K | +10.4% |
| 3 Bedrooms | $799K | $820K | +2.6% |
| 4 Bedrooms | $965K | $975K | +1.0% |
| 5+ Bedrooms | $1.1M | $1.0M | -6.9% |
Summary: Kapolei housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 6.9%.
Housing Supply in Kapolei, HI
How many homes are available in Kapolei, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 189 | 207 | +9.5% |
Summary: The Kapolei real estate market had 207 homes for sale in November 2024, a 9.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 53 | 58 | +9.4% |
| 3 Bedrooms | 87 | 95 | +9.2% |
| 4 Bedrooms | 32 | 39 | +21.9% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Kapolei housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 26 | -21.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kapolei, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Kapolei in November 2024, down by 21.2% month-over-month. Of the 26 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 63 Days | +66.3% |
Summary: Homes in Kapolei had an average of 63 days on market in Nov 2024, up by 66.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kapolei has remained consistent over time.
Summary: During November 2024, 26 homes were sold in Kapolei; 35% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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