Is 96701, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96701 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 96701 has remained a Seller's Market.

Key Takeaway

96701 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 96701, HI

How much do homes in 96701, HI cost?

Median Sold Price

$548,000

$570/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$25,000(-4.4%)

Key Takeaway

Homes in 96701 have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in 96701 was $548,000 in April 2024, down 4.4% from last year, and the median price per square foot was $570.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $385K$388K
+0.8%
2 $480K$495K
+3.1%
3 $750K$822.5K
+9.7%
4 $1.1M$1.2M
+6.9%
5+ $1.3M$1.2M
-4.7%

Summary: 96701 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 4.7%.

Median Sold Price Compared To Nearby Zip Codes

96782
+5.1%
96818
-0.3%
96819
-4.2%
96701
-4.4%

Housing Supply in 96701, HI

How many homes are available in 96701, HI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
101112+10.9%

Summary: The 96701 real estate market had 112 homes for sale in April 2024, a 10.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1617
+6.3%
2 3440
+17.6%
3 2532
+28.0%
4 1413
-7.1%
5+ 1210
-16.7%

Summary: The 96701 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 28%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2419-20.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96701, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 96701 in April 2024, down by 20.8% month-over-month. Of the 19 sold homes, 47% were sold under asking, 26% were sold at asking, and 26% were sold over asking.

Days on Market for 96701, 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 3 Days Ago

Newest Listings in 96701, HI

Nearby Markets to 96701, HI