Punahou Housing Market Report February 2025•Honolulu County, Hawaii

hero building illustration for mobile

Housing Prices in Punahou, HI

How much do homes in Punahou, HI cost?

Housing Market Conditions

Is Punahou, 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

Punahou is a Buyer's Market

Difference Since February 2024

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

Insight

Punahou 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.
$451,000$557/SqFt
-$29,500
-6.1%

Based on all homes sold in the last 12 months

Insight

Homes in Punahou have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in Punahou was $451,000 in February 2025, down 6.1% from last year, and the median price per square foot was $557.

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
Makiki / Lower Punchbowl / Tantalu
-2.5%
McCully / Moiliili
-3.1%
Punahou
-6.1%

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.
BedsFeb 2024Feb 2025Change YoY
1$429K$360K
-16.1%
2$462K$452K
-2.2%
3$649K$675K
+4.0%
4$675K$700K
+3.7%
5--
N/A

Summary: Punahou housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -16.1%. The home price for 2 bedroom homes decreased by -2.2%. The home price for 3 bedroom homes increased by +4.0%. The home price for 4 bedroom homes increased by +3.7%. The home price for 5 bedroom homes did not change.

How does Punahou, HI compare with other places?

Market comparison tool

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

Punahou, HI

Housing supply in Punahou, HI

How many homes are available in Punahou, 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
34Last MonthFeb 2025
302 months agoJan 2025
+13.3 %
Change MoMJan – Feb

Summary: The Punahou real estate market had 34 homes for sale in Feb 2025, a 13.3 % 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
3Last MonthFeb 2025
12 months agoJan 2025
+200.0 %
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
113
+200.0%
22626
0.0%
324
+100.0%
411
0.0%
500
0.0%

Summary: Punahou housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +200.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Punahou, 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 Price0 Home

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Punahou, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Punahou in February 2025, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Punahou, HI

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days2 Homes

Insight

Most homes in Punahou are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 3 homes were sold in Punahou; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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
191 DaysThis YearFeb 2025
87 Days1 year agoFeb 2024
+117.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Punahou had an average listing age of 191 days in Feb 2025, up by 117.8% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Punahou, HI

What homes are available in Punahou, HI?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Hawaii

MLS Disclaimers and Copyright

Based on information from Hawaii Central MLS, 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: 3/13/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.