Is 96789, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96789 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 96789 has remained a Seller's Market.

Key Takeaway

96789 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 96789, HI

How much do homes in 96789, HI cost?

Median Sold Price

$599,666

$611/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$49,480(-7.6%)

Key Takeaway

Homes in 96789 have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in 96789 was $599,666 in March 2024, down 7.6% from last year, and the median price per square foot was $611.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $368K$392.2K
+6.6%
2 $490K$509.5K
+4.0%
3 $750K$759K
+1.2%
4 $1.0M$1.1M
+5.8%
5+ $1.2M$1.2M
-3.0%

Summary: 96789 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Zip Codes

96782
+5.3%
96786
+1.7%
96797
-6.1%
96789
-7.6%
96717
-24.7%

Housing Supply in 96789, HI

How many homes are available in 96789, HI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
128151+18.0%

Summary: The 96789 real estate market had 151 homes for sale in March 2024, a 18.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 810
+25.0%
2 6175
+23.0%
3 3641
+13.9%
4 1720
+17.6%
5+ 65
-16.7%

Summary: The 96789 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 23%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2736+33.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96789, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 96789 in March 2024, up by 33.3% month-over-month. Of the 36 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for 96789, 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 22 Days Ago

Newest Listings in 96789, HI

Nearby Markets to 96789, HI