Is Hana, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hana has remained a Buyer's Market.
Key Takeaway
Hana is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hana, HI
How much do homes in Hana, HI cost?
Median Sold Price
$1,000,000
$699/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hana have sold for 52.4% less than they did a year ago.
Summary: The median home sold price in Hana was $1,000,000 in May 2024, down 52.4% from last year, and the median price per square foot was $699.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.7M | $609K | -64.7% |
| 2 Bedrooms | $2.6M | $1.2M | -54.6% |
| 3 Bedrooms | $2.0M | $1.1M | -43.2% |
| 4 Bedrooms | - | $875K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Hana housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.7%, 2 bedroom homes decreased by 54.6%, 3 bedroom homes decreased by 43.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Kula | $1.9M | $2.5M | +30.1% |
| Haiku-Pauwela | $1.4M | $1.4M | +2.8% |
| Hana | $2.1M | $1.0M | -52.4% |
Housing Supply in Hana, HI
How many homes are available in Hana, HI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Hana real estate market had 24 homes for sale in May 2024, a 4.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hana housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 40%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hana, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Hana in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Hana, HI
We’re sorry, we don't have information for this market at the moment
