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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Keaau is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Keaau has remained a Buyer's Market.

Key Takeaway

Keaau is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Keaau, HI

How much do homes in Keaau, HI cost?

Median Sold Price

$486,000

$365/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$33,000(-6.4%)

Key Takeaway

Homes in Keaau have sold for 6.4% less than they did a month ago.

Summary: The median home sold price in Keaau was $486,000 in October 2024, down 6.4% from last month, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $519K$473K
-8.9%
4 -$700K
N/A
5+ --
N/A

Summary: Keaau housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Keaau, HI

How many homes are available in Keaau, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
132151+14.4%

Summary: The Keaau real estate market had 151 homes for sale in October 2024, a 14.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 910
+11.1%
2 1114
+27.3%
3 8092
+15.0%
4 2023
+15.0%
5+ 1212
0.0%

Summary: The Keaau housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 15%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Keaau, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Keaau in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Keaau, HI

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

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days54 Days+100.0%

Summary: Homes in Keaau had an average of 54 days on market in Oct 2024, up by 100% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Keaau has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Keaau; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 Keaau, HI

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