Is 96822, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96822 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 96822 was a Seller's Market.

Key Takeaway

96822 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 96822, HI

How much do homes in 96822, HI cost?

Median Sold Price

$465,000

$603/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$250(+0.1%)

Key Takeaway

The sold price of homes in 96822 has remained the same since last year.

Summary: The median home sold price in 96822 was $465,000 in April 2024, up 0.1% from last year, and the median price per square foot was $603.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $350K$342.5K
-2.1%
2 $460K$465K
+1.1%
3 $1.3M$1.2M
-11.1%
4 $1.6M$1.5M
-1.8%
5+ $1.8M$1.9M
+3.1%

Summary: 96822 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Zip Codes

96814
+3.0%
96817
+1.9%
96822
0.1%
96813
-2.8%
96826
-6.8%

Housing Supply in 96822, HI

How many homes are available in 96822, HI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
147176+19.7%

Summary: The 96822 real estate market had 176 homes for sale in April 2024, a 19.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 4146
+12.2%
2 5871
+22.4%
3 1924
+26.3%
4 1013
+30.0%
5+ 1922
+15.8%

Summary: The 96822 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 22.4%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 15.8%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2028+40.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96822, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 96822 in April 2024, up by 40.0% month-over-month. Of the 28 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.

Days on Market for 96822, 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 1 Day Ago

Newest Listings in 96822, HI

Nearby Markets to 96822, HI