Is Kapolei, 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, Kapolei was a Seller's Market.
Key Takeaway
Kapolei is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kapolei, HI
How much do homes in Kapolei, HI cost?
Median Sold Price
$769,666
$615/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kapolei have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Kapolei was $769,666 in April 2024, down 0.7% from last year, and the median price per square foot was $615.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $401.2K | - | N/A |
| 2 Bedrooms | $585K | $549K | -6.2% |
| 3 Bedrooms | $811.1K | $799K | -1.5% |
| 4 Bedrooms | $980K | $945K | -3.6% |
| 5+ Bedrooms | $1.1M | $1.2M | +5.2% |
Summary: Kapolei housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in Kapolei, HI
How many homes are available in Kapolei, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 156 | 176 | +12.8% |
Summary: The Kapolei real estate market had 176 homes for sale in April 2024, a 12.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 42 | 48 | +14.3% |
| 3 Bedrooms | 72 | 84 | +16.7% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Kapolei housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 21 | -36.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kapolei, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Kapolei in April 2024, down by 36.4% month-over-month. Of the 21 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for Kapolei, HI
We’re sorry, we don't have information for this market at the moment
