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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kapolei is a neutral's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

Kapolei 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 Kapolei, HI

How much do homes in Kapolei, HI cost?

Median Sold Price

$769,800

$619/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$10,200(-1.3%)

Key Takeaway

Homes in Kapolei have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in Kapolei was $769,800 in February 2024, down 1.3% from last year, and the median price per square foot was $619.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $397.5K$390K
-1.9%
2 $591K$549.5K
-7.0%
3 $822.5K$800K
-2.7%
4 $997.5K$950K
-4.8%
5+ $1.2M$1.2M
-0.4%

Summary: Kapolei housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 0.4%.

Median Sold Price Compared To Nearby Cities

Waianae
+5.8%
Ewa
-0.3%
Kapolei
-1.3%
Ewa Beach
-1.6%

Housing Supply in Kapolei, HI

How many homes are available in Kapolei, HI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
149170+14.1%

Summary: The Kapolei real estate market had 170 homes for sale in February 2024, a 14.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 4246
+9.5%
3 7181
+14.1%
4 3035
+16.7%
5+ 68
+33.3%

Summary: The Kapolei 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 14.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1728+64.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kapolei, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Kapolei in February 2024, up by 64.7% month-over-month. Of the 28 sold homes, 61% were sold under asking, 11% were sold at asking, and 29% were sold over asking.

Days on Market for Kapolei, 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 Kapolei, HI

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What housing markets are near Kapolei, HI?