Is Manoa, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Manoa was a Seller's Market.
Key Takeaway
Manoa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Manoa, HI
How much do homes in Manoa, HI cost?
Median Sold Price
$1,277,500
$695/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Manoa have sold for 7.1% less than they did a year ago.
Summary: The median home sold price in Manoa was $1,277,500 in April 2024, down 7.1% from last year, and the median price per square foot was $695.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $346.5K | +21.6% |
| 2 Bedrooms | $445K | $450K | +1.1% |
| 3 Bedrooms | $1.4M | $1.3M | -7.2% |
| 4 Bedrooms | $1.6M | $1.6M | +4.6% |
| 5+ Bedrooms | $1.9M | $1.9M | -2.1% |
Summary: Manoa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in Manoa, HI
How many homes are available in Manoa, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 | 53 | +17.8% |
Summary: The Manoa real estate market had 53 homes for sale in April 2024, a 17.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Manoa housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Manoa, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Manoa in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Manoa, HI
We’re sorry, we don't have information for this market at the moment
