$1,249,000
5.00 Acres
Land
Diana S Papazian RB-23882, Listing Office: Haiku Properties Inc
Is Upcountry, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $774K | $525K | -32.2% |
| 2 Bedrooms | $1.1M | $1.0M | -13.0% |
| 3 Bedrooms | $1.0M | $1.2M | +14.3% |
| 4 Bedrooms | $1.3M | $1.7M | +23.7% |
| 5+ Bedrooms | $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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 79 | +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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 13 | 19 | +46.2% |
| 3 Bedrooms | 37 | 38 | +2.7% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 4 | 3 | -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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +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
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
