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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paia is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Paia was a Seller's Market.

Key Takeaway

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

Housing Prices in Paia, HI

How much do homes in Paia, HI cost?

Median Sold Price

$1,037,500

$987/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$35,000(-3.3%)

Key Takeaway

Homes in Paia have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Paia was $1,037,500 in October 2024, down 3.3% from last year, and the median price per square foot was $987.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$1.2M
N/A
3 $875.5K$975K
+11.4%
4 $1.3M$5.3M
+292.6%
5+ $1.5M-
N/A

Summary: Paia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 292.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Upcountry
+6.8%
North Shore
+3.1%
Paia
-3.3%

Housing Supply in Paia, HI

How many homes are available in Paia, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1014+40.0%

Summary: The Paia real estate market had 14 homes for sale in October 2024, a 40.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 67
+16.7%
4 13
+200.0%
5+ 23
+50.0%

Summary: The Paia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Paia, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Paia in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Paia, HI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Paia, HI

Nearby Markets to Paia, HI