Is Nanakuli / Maili, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nanakuli / Maili is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Nanakuli / Maili was a Seller's Market.

Key Takeaway

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

Housing Prices in Nanakuli / Maili, HI

How much do homes in Nanakuli / Maili, HI cost?

Median Sold Price

$576,000

$490/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$34,000(-5.6%)

Key Takeaway

Homes in Nanakuli / Maili have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in Nanakuli / Maili was $576,000 in October 2024, down 5.6% from last year, and the median price per square foot was $490.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K$245K
-2.0%
2 $195K$193.5K
-0.8%
3 $629K$615K
-2.2%
4 $670K$655K
-2.2%
5+ $819.5K$855K
+4.3%

Summary: Nanakuli / Maili housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Neighborhoods

Kapolei / Honokai Hale
+5.1%
Mililani / Waipio / Melemanu
+4.6%
Nanakuli / Maili
-5.6%

Housing Supply in Nanakuli / Maili, HI

How many homes are available in Nanakuli / Maili, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
111127+14.4%

Summary: The Nanakuli / Maili real estate market had 127 homes for sale in October 2024, a 14.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1624
+50.0%
2 812
+50.0%
3 4954
+10.2%
4 2827
-3.6%
5+ 1010
0.0%

Summary: The Nanakuli / Maili housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nanakuli / Maili, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Nanakuli / Maili in October 2024, up by 7.1% month-over-month. Of the 15 sold homes, 53% were sold under asking, 33% were sold at asking, and 13% were sold over asking.

Days on Market for Nanakuli / Maili, HI

How long does it take to sell a home in Nanakuli / Maili, HI?

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days40 Days-4.1%

Summary: Homes in Nanakuli / Maili had an average of 40 days on market in Oct 2024, down by 4.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 15 homes were sold in Nanakuli / Maili; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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 Nanakuli / Maili, HI

Nearby Markets to Nanakuli / Maili, HI