Is 96707, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96707 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 96707 was a Seller's Market.

Key Takeaway

96707 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 96707, HI

How much do homes in 96707, HI cost?

Median Sold Price

$769,500

$615/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$5,500(-0.7%)

Key Takeaway

Homes in 96707 have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in 96707 was $769,500 in April 2024, down 0.7% from last year, and the median price per square foot was $615.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $401.2K-
N/A
2 $585K$549K
-6.2%
3 $811.3K$799K
-1.5%
4 $980K$945K
-3.6%
5+ $1.1M$1.2M
+5.2%

Summary: 96707 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Zip Codes

96707
-0.7%
96706
-0.7%
96797
-1.6%
96792
-2.4%

Housing Supply in 96707, HI

How many homes are available in 96707, HI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
156176+12.8%

Summary: The 96707 real estate market had 176 homes for sale in April 2024, a 12.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 4248
+14.3%
3 7284
+16.7%
4 3537
+5.7%
5+ 77
0.0%

Summary: The 96707 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 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3321-36.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96707, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 96707 in April 2024, down by 36.4% month-over-month. Of the 21 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.

Days on Market for 96707, 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 9 Days Ago

Newest Listings in 96707, HI

Nearby Markets to 96707, HI