Mililani Housing Market Report February 2025•Honolulu County, Hawaii

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Housing Prices in Mililani, HI

How much do homes in Mililani, HI cost?

Housing Market Conditions

Is Mililani, 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

Mililani is a Buyer's Market

Difference Since February 2024

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

Insight

Mililani is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$616,000$614/SqFt
+$6,882
+1.1%

Based on all homes sold in the last 12 months

Insight

Homes in Mililani have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Mililani was $616,000 in February 2025, up 1.1% from last year, and the median price per square foot was $614.

Median Sold Price By Cities

Median Sold Price By Cities
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
Koolauloa
+7.2%
Ewa
+2.2%
Mililani
+1.1%
Hauula
-9.6%

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.
BedsFeb 2024Feb 2025Change YoY
1$389.5K$395K
+1.4%
2$509K$505K
-0.8%
3$780K$734K
-5.9%
4$1.0M$1.0M
-1.6%
5$1.2M$1.2M
+0.7%

Summary: Mililani housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.4%. The home price for 2 bedroom homes decreased by -0.8%. The home price for 3 bedroom homes decreased by -5.9%. The home price for 4 bedroom homes decreased by -1.6%. The home price for 5 bedroom homes increased by +0.7%.

How does Mililani, HI compare with other places?

Market comparison tool

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

Mililani, HI

Housing supply in Mililani, HI

How many homes are available in Mililani, 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
165Last MonthFeb 2025
1522 months agoJan 2025
+8.6 %
Change MoMJan – Feb

Summary: The Mililani real estate market had 165 homes for sale in Feb 2025, a 8.6 % increase compared to Jan 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 MonthFeb 2025
292 months agoJan 2025
-41.4 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
11518
+20.0%
26168
+11.5%
35049
-2.0%
42326
+13.0%
534
+33.3%

Summary: Mililani housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +20.0%. The inventory for 2 bedroom homes increased by +11.5%. The inventory for 3 bedroom homes decreased by -2.0%. The inventory for 4 bedroom homes increased by +13.0%. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in Mililani, 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 Price7 Homes

At Asking Price5 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Mililani, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Mililani in February 2025, down by 41.4% month-over-month. Of the 17 sold homes, 29% were sold under asking, 29% were sold at asking, and and 41% were sold over asking.

Days on Market for Mililani, HI

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

Breakdown of Home Sale Times

Under 30 Days8 Homes

30 – 90 Days5 Homes

Over 90 Days4 Homes

Insight

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

Summary: During February 2025, 17 homes were sold in Mililani; 47% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% 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
61 DaysThis YearFeb 2025
31 Days1 year agoFeb 2024
+95.9 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Mililani had an average listing age of 61 days in Feb 2025, up by 95.9% compared to the previous year.

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Newest Listings in Mililani, HI

What homes are available in Mililani, HI?

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Nearby markets

Popular Cities with Homes for Sale in Hawaii

MLS Disclaimers and Copyright

Based on information from Hawaii Central MLS, and Hawaii Information Services Inc. for the period 03/01/2023 - 03/01/2025

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: 3/12/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 MLS Hawaii, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.

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: 3/12/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.