Is Ewa Beach, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ewa Beach is a buyer's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Ewa Beach, HI

How much do homes in Ewa Beach, HI cost?

Median Sold Price

$816,666

$619/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$13,333(-1.6%)

Key Takeaway

Homes in Ewa Beach have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Ewa Beach was $816,666 in February 2024, down 1.6% from last year, and the median price per square foot was $619.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $390K$418.5K
+7.3%
2 $520K$570K
+9.6%
3 $817K$802.5K
-1.8%
4 $1.0M$1.0M
-3.9%
5+ $1.0M$1.1M
+13.4%

Summary: Ewa Beach housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 13.4%.

Median Sold Price Compared To Nearby Cities

Ewa
-0.3%
Kapolei
-1.3%
Ewa Beach
-1.6%

Housing Supply in Ewa Beach, HI

How many homes are available in Ewa Beach, HI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
248275+10.9%

Summary: The Ewa Beach real estate market had 275 homes for sale in February 2024, a 10.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 33
0.0%
2 3339
+18.2%
3 111121
+9.0%
4 8498
+16.7%
5+ 1714
-17.6%

Summary: The Ewa Beach housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 17.6%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
4333-23.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ewa Beach, you may be able to get a good deal. 48.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Ewa Beach in February 2024, down by 23.3% month-over-month. Of the 33 sold homes, 48% were sold under asking, 21% were sold at asking, and 30% were sold over asking.

Days on Market for Ewa Beach, 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 27 Days Ago

Newest Listings in Ewa Beach, HI

Nearby Markets to Ewa Beach, HI

What housing markets are near Ewa Beach, HI?