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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upcountry is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Upcountry has remained a Neutral Market.

Key Takeaway

Upcountry is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Upcountry, HI

How much do homes in Upcountry, HI cost?

Median Sold Price

$1,200,000

$834/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$76,250(+6.8%)

Key Takeaway

Homes in Upcountry have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Upcountry was $1,200,000 in October 2024, up 6.8% from last year, and the median price per square foot was $834.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $774K$525K
-32.2%
2 $1.1M$1.0M
-13.0%
3 $1.0M$1.2M
+14.3%
4 $1.3M$1.7M
+23.7%
5+ $1.2M$1.3M
+16.7%

Summary: Upcountry housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.2%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 16.7%.

Housing Supply in Upcountry, HI

How many homes are available in Upcountry, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7279+9.7%

Summary: The Upcountry real estate market had 79 homes for sale in October 2024, a 9.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 1319
+46.2%
3 3738
+2.7%
4 1315
+15.4%
5+ 43
-25.0%

Summary: The Upcountry housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upcountry, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Upcountry in October 2024, up by 30.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.

Days on Market for Upcountry, 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 Upcountry, HI

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