Is Upcountry, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Upcountry was a Seller's Market.
Key Takeaway
Upcountry 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 Upcountry, HI
How much do homes in Upcountry, HI cost?
Median Sold Price
$1,050,000
$824/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Upcountry have sold for 5.8% less than they did a year ago.
Summary: The median home sold price in Upcountry was $1,050,000 in March 2024, down 5.8% from last year, and the median price per square foot was $824.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $431.2K | $840K | +94.8% |
| 2 Bedrooms | $1.0M | $984.5K | -1.6% |
| 3 Bedrooms | $1.1M | $992.5K | -12.7% |
| 4 Bedrooms | $1.4M | $1.4M | +3.5% |
| 5+ Bedrooms | $1.1M | $1.5M | +27.7% |
Summary: Upcountry housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 94.8%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 27.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Upcountry | $1.1M | $1.0M | -5.8% |
| Pukalani | $1.0M | $950K | -9.5% |
Housing Supply in Upcountry, HI
How many homes are available in Upcountry, HI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 72 | 63 | -12.5% |
Summary: The Upcountry real estate market had 63 homes for sale in March 2024, a 12.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 36 | 31 | -13.9% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Upcountry housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 10 | -33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Upcountry, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Upcountry in March 2024, down by 33.3% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Upcountry, HI
We’re sorry, we don't have information for this market at the moment
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