Is 96748, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96748 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 96748 has remained a Buyer's Market.

Key Takeaway

96748 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 96748, HI

How much do homes in 96748, HI cost?

Median Sold Price

$375,000

$392/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since March 2023.

Key Takeaway

The sold price of homes in 96748 has remained the same since last year.

Summary: The median home sold price in 96748 was $375,000 in March 2024, the same as last year, and the median price per square foot was $392.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $222K$220K
-0.9%
2 $440K$450K
+2.3%
3 $530.5K$435K
-18.0%
4 $555K$590K
+6.3%
5+ --
N/A

Summary: 96748 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 18%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes did not change.

Housing Supply in 96748, HI

How many homes are available in 96748, HI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4850+4.2%

Summary: The 96748 real estate market had 50 homes for sale in March 2024, a 4.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1415
+7.1%
2 77
0.0%
3 2322
-4.3%
4 34
+33.3%
5+ 12
+100.0%

Summary: The 96748 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96748, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 96748 in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 96748, 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 24 Days Ago

Newest Listings in 96748, HI

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