Is Mililani, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Mililani has remained a Seller's Market.
Key Takeaway
Mililani is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mililani, HI
How much do homes in Mililani, HI cost?
Median Sold Price
$599,666
$611/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mililani have sold for 7.5% less than they did a year ago.
Summary: The median home sold price in Mililani was $599,666 in March 2024, down 7.5% from last year, and the median price per square foot was $611.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $368K | $392.2K | +6.6% |
| 2 Bedrooms | $490K | $509.5K | +4.0% |
| 3 Bedrooms | $750K | $759K | +1.2% |
| 4 Bedrooms | $1.0M | $1.1M | +5.8% |
| 5+ Bedrooms | $1.2M | $1.2M | -3.0% |
Summary: Mililani housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 3%.
Housing Supply in Mililani, HI
How many homes are available in Mililani, HI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 128 | 151 | +18.0% |
Summary: The Mililani real estate market had 151 homes for sale in March 2024, a 18.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 10 | +25.0% |
| 2 Bedrooms | 61 | 75 | +23.0% |
| 3 Bedrooms | 36 | 41 | +13.9% |
| 4 Bedrooms | 17 | 20 | +17.6% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Mililani housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 23%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 36 | +33.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mililani, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Mililani in March 2024, up by 33.3% month-over-month. Of the 36 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Mililani, HI
We’re sorry, we don't have information for this market at the moment
