$5,641 Closing Credit*
$475,000
1,664 SqFt
4 Beds
•2 Full Baths
Listing Office: Hawaii Life
Is Pahoa, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pahoa has remained a Buyer's Market.
Key Takeaway
Pahoa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pahoa, HI
How much do homes in Pahoa, HI cost?
Median Sold Price
$360,000
$405/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$33,000(-8.4%)
Key Takeaway
Homes in Pahoa have sold for 8.4% less than they did a month ago.
Summary: The median home sold price in Pahoa was $360,000 in November 2024, down 8.4% from last month, and the median price per square foot was $405.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $351K | N/A |
| 3 Bedrooms | $393K | $530K | +34.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pahoa housing prices by bedroom type for November 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 increased by 34.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Keaau-Mountain View | $400K | $439.5K | +9.9% |
| Pahoa | $393K | $360K | -8.4% |
Housing Supply in Pahoa, HI
How many homes are available in Pahoa, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 280 | 315 | +12.5% |
Summary: The Pahoa real estate market had 315 homes for sale in November 2024, a 12.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 27 | 31 | +14.8% |
| 2 Bedrooms | 54 | 66 | +22.2% |
| 3 Bedrooms | 162 | 176 | +8.6% |
| 4 Bedrooms | 21 | 26 | +23.8% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Pahoa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.8%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pahoa, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Pahoa in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pahoa, HI
How long does it take to sell a home in Pahoa, HI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 86 Days | +99.2% |
Summary: Homes in Pahoa had an average of 86 days on market in Nov 2024, up by 99.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pahoa has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Pahoa; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
