Is 96761, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96761 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 96761 was a Seller's Market.

Key Takeaway

96761 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 96761, HI

How much do homes in 96761, HI cost?

Median Sold Price

$1,021,666

$1,036/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,809(+2.1%)

Key Takeaway

Homes in 96761 have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in 96761 was $1,021,666 in March 2024, up 2.1% from last year, and the median price per square foot was $1,036.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $782.3K$790K
+1.0%
2 $1.0M$1.0M
-0.9%
3 $1.3M$1.6M
+20.8%
4 $2.4M$3.5M
+42.9%
5+ $1.9M$3.9M
+109.1%

Summary: 96761 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 109.1%.

Median Sold Price Compared To Nearby Zip Codes

96793
+3.5%
96761
+2.1%

Housing Supply in 96761, HI

How many homes are available in 96761, HI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
310340+9.7%

Summary: The 96761 real estate market had 340 homes for sale in March 2024, a 9.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 112117
+4.5%
2 101112
+10.9%
3 5160
+17.6%
4 2730
+11.1%
5+ 1921
+10.5%

Summary: The 96761 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2433+37.5%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96761, you may be able to get a good deal. 60.6% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 96761 in March 2024, up by 37.5% month-over-month. Of the 33 sold homes, 61% were sold under asking, 27% were sold at asking, and 12% were sold over asking.

Days on Market for 96761, 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 96761, HI

Nearby Markets to 96761, HI