Kapolei Housing Market Report December 2024Honolulu County, Hawaii

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Housing Prices in Kapolei, HI

How much do homes in Kapolei, HI cost?

Housing Market Conditions

Is Kapolei, HI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Kapolei is a Neutral Market

Difference Since December 2023

At the same time last year, Kapolei was a Seller's Market.

Insight

Kapolei is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$788,750$629/SqFt
+$18,750
+2.4%

Based on all homes sold in the last 12 months

Insight

Homes in Kapolei have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Kapolei was $788,750 in December 2024, up 2.4% from last year, and the median price per square foot was $629.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Kapolei
+2.4%
Ewa
+2.0%
Ewa Beach
0.3%
Waianae
-5.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$390K$425K
+9.0%
2$552.5K$580K
+5.0%
3$800K$825K
+3.1%
4$967.5K$999.9K
+3.4%
5$1.1M$1.1M
-1.5%

Summary: Kapolei housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +9.0%. The home price for 2 bedroom homes increased by +5.0%. The home price for 3 bedroom homes increased by +3.1%. The home price for 4 bedroom homes increased by +3.4%. The home price for 5 bedroom homes decreased by -1.5%.

Housing supply in Kapolei, HI

How many homes are available in Kapolei, HI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
208Last MonthDec 2024
1952 months agoNov 2024
+6.7 %
Change MoMNov – Dec

Summary: The Kapolei real estate market had 208 homes for sale in Dec 2024, a 6.7 % increase compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
30Last MonthDec 2024
272 months agoNov 2024
+11.1 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
122
0.0%
25359
+11.3%
39098
+8.9%
43737
0.0%
51312
-7.7%

Summary: Kapolei housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +11.3%. The inventory for 3 bedroom homes increased by +8.9%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -7.7%.

Asking Price vs. Sold Price

How much do homes in Kapolei, HI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price10 Homes

At Asking Price4 Homes

Under Asking Price16 Homes

Insight

If you're buying a home in Kapolei, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Kapolei in December 2024, up by 11.1% month-over-month. Of the 30 sold homes, 53% were sold under asking, 13% were sold at asking, and and 33% were sold over asking.

Days on Market for Kapolei, HI

How long does it take to sell a home in Kapolei, HI?

Breakdown of Home Sale Times

Under 30 Days16 Homes

30 – 90 Days10 Homes

Over 90 Days4 Homes

Insight

Many homes in Kapolei are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 30 homes were sold in Kapolei; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
40 DaysThis YearDec 2024
32 Days1 year agoDec 2023
+27.1 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Kapolei had an average listing age of 40 days in Dec 2024, up by 27.1% compared to the previous year.

Newest Listings in Kapolei, HI

What homes are available in Kapolei, HI?

MLS Disclaimers and Copyright

Based on information from Hawaii Central MLS, and Hawaii Information Services Inc. for the period 01/01/2023 - 01/01/2025

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.

Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.