Makakilo Housing Market Report April 2025•Honolulu County, Hawaii

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Housing Prices in Makakilo, HI

How much do homes in Makakilo, HI cost?

Housing Market Conditions

Is Makakilo, 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

Makakilo is a Neutral Market

Difference Since April 2024

At the same time last year, Makakilo was a Buyer's Market.

Insight

Makakilo 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.
$820,000$621/SqFt
+$140,000
+20.6%

Based on all homes sold in the last 12 months

Insight

Homes in Makakilo have sold for 20.6% more than they did a year ago.

Summary: The median home sold price in Makakilo was $820,000 in April 2025, up 20.6% from last year, and the median price per square foot was $621.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
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
Makakilo
+20.6%
Kapolei / Honokai Hale
+3.1%

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.
BedsApr 2024Apr 2025Change YoY
1--
N/A
2$520K$519K
-0.2%
3$770K$830K
+7.8%
4$922.5K$1.0M
+13.8%
5$1.2M$1.1M
-7.1%

Summary: Makakilo housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -0.2%. The home price for 3 bedroom homes increased by +7.8%. The home price for 4 bedroom homes increased by +13.8%. The home price for 5 bedroom homes decreased by -7.1%.

How does Makakilo, HI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Makakilo, HI

Housing supply in Makakilo, HI

How many homes are available in Makakilo, 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
111Last MonthApr 2025
1072 months agoMar 2025
+3.7 %
Change MoMMar – Apr

Summary: The Makakilo real estate market had 111 homes for sale in Apr 2025, a 3.7 % increase compared to Mar 2025.

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
17Last MonthApr 2025
182 months agoMar 2025
-5.6 %
Change MoMMar – Apr

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.
BedsMar 2025Apr 2025Change MoM
100
0.0%
23032
+6.7%
34348
+11.6%
42723
-14.8%
578
+14.3%

Summary: Makakilo housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +6.7%. The inventory for 3 bedroom homes increased by +11.6%. The inventory for 4 bedroom homes decreased by -14.8%. The inventory for 5 bedroom homes increased by +14.3%.

Asking Price vs. Sold Price

How much do homes in Makakilo, 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 Price2 Homes

At Asking Price10 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Makakilo, expect to pay close to the asking price. 58.8% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in Makakilo in April 2025, down by 5.6% month-over-month. Of the 17 sold homes, 29% were sold under asking, 59% were sold at asking, and and 12% were sold over asking.

Days on Market for Makakilo, HI

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

Breakdown of Home Sale Times

Under 30 Days11 Homes

30 – 90 Days3 Homes

Over 90 Days3 Homes

Insight

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

Summary: During April 2025, 17 homes were sold in Makakilo; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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
48 DaysThis YearApr 2025
41 Days1 year agoApr 2024
+16.6 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Makakilo had an average listing age of 48 days in Apr 2025, up by 16.6% compared to the previous year.

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Newest Listings in Makakilo, HI

What homes are available in Makakilo, HI?

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MLS Disclaimers and Copyright

Based on information from Hawaii Central MLS, for the period 05/01/2023 - 05/01/2025

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: 5/5/2025, 11:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.