Is South Kohala, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Kohala is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in South Kohala, HI

How much do homes in South Kohala, HI cost?

Median Sold Price

$1,212,500

$626/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$400,000(+49.2%)

Key Takeaway

Homes in South Kohala have sold for 49.2% more than they did a month ago.

Summary: The median home sold price in South Kohala was $1,212,500 in November 2024, up 49.2% from last month, and the median price per square foot was $626.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $812.5K$500K
-38.5%
4 -$1.9M
N/A
5+ --
N/A

Summary: South Kohala 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 decreased by 38.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

South Kohala
+49.2%
Waikoloa
-38.5%

Housing Supply in South Kohala, HI

How many homes are available in South Kohala, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
241287+19.1%

Summary: The South Kohala real estate market had 287 homes for sale in November 2024, a 19.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1417
+21.4%
2 8196
+18.5%
3 100117
+17.0%
4 3344
+33.3%
5+ 1313
0.0%

Summary: The South Kohala housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 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 South Kohala, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in South Kohala in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for South Kohala, HI

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

Average Sale Time

Oct 2024Nov 2024CHANGE
8 Days143 Days+1582.4%

Summary: Homes in South Kohala had an average of 143 days on market in Nov 2024, up by 1582.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 South Kohala has remained consistent over time.

Summary: During November 2024, 2 homes were sold in South Kohala; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

Newest Listings in South Kohala, HI

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