Is Kaneohe, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Kaneohe has remained a Seller's Market.
Housing Prices in Kaneohe, HI
How much do homes in Kaneohe, HI cost?
Median Sold Price
$915,000
$696/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Kaneohe was $915,000 in February 2024, up 2.1% from last year, and the median price per square foot was $696.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $504K | $510K | +1.2% |
2 Bedrooms | $648K | $634.5K | -2.1% |
3 Bedrooms | $943.2K | $940K | -0.3% |
4 Bedrooms | $1.2M | $1.2M | +3.0% |
5+ Bedrooms | $1.4M | $1.5M | +7.4% |
Summary: Kaneohe housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Neighborhoods
Kaneohe | $896K | $915K | +2.1% |
Kailua | $1.4M | $1.4M | +0.6% |
Housing Supply in Kaneohe, HI
How many homes are available in Kaneohe, HI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
86 | 103 | +19.8% |
Summary: The Kaneohe real estate market had 103 homes for sale in February 2024, a 19.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 21 | 23 | +9.5% |
3 Bedrooms | 40 | 48 | +20.0% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The Kaneohe 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 9.5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
15 | 25 | +66.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Kaneohe in February 2024, up by 66.7% month-over-month. Of the 25 sold homes, 64% were sold under asking, 16% were sold at asking, and 20% were sold over asking.
Days on Market for Kaneohe, HI
We’re sorry, we don't have information for this market at the moment