Is Honolulu County, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Honolulu County has remained a Seller's Market.
Housing Prices in Honolulu County, HI
How much do homes in Honolulu County, HI cost?
Median Sold Price
$744,663
$652/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Honolulu County was $744,663 in April 2024, up 0.6% from last year, and the median price per square foot was $652.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $405K | $411.5K | +1.6% |
2 Bedrooms | $551.9K | $550.4K | -0.3% |
3 Bedrooms | $854K | $869.6K | +1.8% |
4 Bedrooms | $1.1M | $1.1M | -6.2% |
5+ Bedrooms | $1.3M | $1.2M | -0.9% |
Summary: Honolulu County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 0.9%.
Housing Supply in Honolulu County, HI
How many homes are available in Honolulu County, HI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3,167 | 3,522 | +11.2% |
Summary: The Honolulu County real estate market had 3,522 homes for sale in April 2024, a 11.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 642 | 703 | +9.5% |
2 Bedrooms | 1,027 | 1,160 | +13.0% |
3 Bedrooms | 802 | 881 | +9.9% |
4 Bedrooms | 422 | 474 | +12.3% |
5+ Bedrooms | 274 | 304 | +10.9% |
Summary: The Honolulu County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 10.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
520 | 621 | +19.4% |
Asking Price vs. Sold Price
321 Homes Were Sold
Under Asking
152 Homes Were Sold
At Asking
148 Homes Were Sold
Over Asking
Summary: A total of 621 homes were sold or pending in Honolulu County in April 2024, up by 19.4% month-over-month. Of the 621 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% were sold over asking.
Days on Market for Honolulu County, HI
We’re sorry, we don't have information for this market at the moment