Is Mililani, 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, 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
$610,500
$611/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mililani have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Mililani was $610,500 in April 2024, down 2.6% from last year, and the median price per square foot was $611.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $368K | $395K | +7.3% |
| 2 Bedrooms | $499K | $509K | +2.0% |
| 3 Bedrooms | $746K | $765K | +2.5% |
| 4 Bedrooms | $1.0M | $1.0M | +1.3% |
| 5+ Bedrooms | $1.3M | $1.2M | -6.9% |
Summary: Mililani housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 6.9%.
Housing Supply in Mililani, HI
How many homes are available in Mililani, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 144 | 146 | +1.4% |
Summary: The Mililani real estate market had 146 homes for sale in April 2024, a 1.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 9 | -10.0% |
| 2 Bedrooms | 67 | 65 | -3.0% |
| 3 Bedrooms | 42 | 44 | +4.8% |
| 4 Bedrooms | 20 | 23 | +15.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Mililani housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 33 | -8.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mililani, you could pay more than the asking price. 51.5% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in Mililani in April 2024, down by 8.3% month-over-month. Of the 33 sold homes, 21% were sold under asking, 27% were sold at asking, and 52% were sold over asking.
Days on Market for Mililani, HI
We’re sorry, we don't have information for this market at the moment
