Is Waipahu, 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, Waipahu has remained a Seller's Market.
Key Takeaway
Waipahu is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waipahu, HI
How much do homes in Waipahu, HI cost?
Median Sold Price
$730,000
$661/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Waipahu has remained the same since last year.
Summary: The median home sold price in Waipahu was $730,000 in April 2024, down 0.2% from last year, and the median price per square foot was $661.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $420K | +2.4% |
| 2 Bedrooms | $515K | $520K | +1.0% |
| 3 Bedrooms | $875K | $860K | -1.7% |
| 4 Bedrooms | $1.0M | $970K | -7.6% |
| 5+ Bedrooms | $1.0M | $1.1M | +4.8% |
Summary: Waipahu housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Pearl City | $840K | $880K | +4.8% |
| Waipahu | $731.5K | $730K | -0.2% |
| Kapolei / Honokai Hale | $795K | $791K | -0.5% |
| Mililani / Waipio / Melemanu | $656.6K | $606.6K | -7.6% |
Housing Supply in Waipahu, HI
How many homes are available in Waipahu, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 100 | 113 | +13.0% |
Summary: The Waipahu real estate market had 113 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 3 | -50.0% |
| 2 Bedrooms | 35 | 45 | +28.6% |
| 3 Bedrooms | 34 | 39 | +14.7% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Waipahu housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 28 | +33.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waipahu, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Waipahu in April 2024, up by 33.3% month-over-month. Of the 28 sold homes, 54% were sold under asking, 21% were sold at asking, and 25% were sold over asking.
Days on Market for Waipahu, HI
We’re sorry, we don't have information for this market at the moment
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