Is 96706, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96706 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 96706 has remained a Seller's Market.

Key Takeaway

96706 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 96706, HI

How much do homes in 96706, HI cost?

Median Sold Price

$820,000

$616/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$6,056(-0.7%)

Key Takeaway

Homes in 96706 have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in 96706 was $820,000 in April 2024, down 0.7% from last year, and the median price per square foot was $616.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $391K$435K
+11.3%
2 $521K$563K
+8.1%
3 $820K$800K
-2.4%
4 $1.0M$980K
-6.9%
5+ $1.0M$1.1M
+8.2%

Summary: 96706 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 8.1%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Zip Codes

96818
-0.3%
96706
-0.7%
96707
-0.7%
96797
-1.6%

Housing Supply in 96706, HI

How many homes are available in 96706, HI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
295330+11.9%

Summary: The 96706 real estate market had 330 homes for sale in April 2024, a 11.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 5068
+36.0%
3 136145
+6.6%
4 9493
-1.1%
5+ 1221
+75.0%

Summary: The 96706 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 36%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5968+15.3%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96706, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.

Summary: A total of 68 homes were sold or pending in 96706 in April 2024, up by 15.3% month-over-month. Of the 68 sold homes, 44% were sold under asking, 25% were sold at asking, and 31% were sold over asking.

Days on Market for 96706, 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 5 Days Ago

Newest Listings in 96706, HI

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