Volcano Housing Market Report May 2025•Hawaii County, Hawaii

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Housing Prices in Volcano, HI

How much do homes in Volcano, HI cost?

Housing Market Conditions

Is Volcano, 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

Volcano is a Seller's Market

Difference Since May 2024

At the same time last year, Volcano was a Neutral Market.

Insight

Volcano is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$420,000$338/SqFt
+$28,000
+7.1%

Based on all homes sold in the last 12 months

Insight

Homes in Volcano have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Volcano was $420,000 in May 2025, up 7.1% from last year, and the median price per square foot was $338.

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
Volcano
+7.1%
Keaau-Mountain View
+6.1%
Kau
-2.2%

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.
BedsMay 2024May 2025Change YoY
1$287.5K$425K
+47.8%
2$347.5K$385K
+10.8%
3$443.5K$424.4K
-4.3%
4$565K$522.5K
-7.5%
5-$785K
N/A

Summary: Volcano housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +47.8%. The home price for 2 bedroom homes increased by +10.8%. The home price for 3 bedroom homes decreased by -4.3%. The home price for 4 bedroom homes decreased by -7.5%. The home price for 5 bedroom homes did not change.

How does Volcano, HI compare with other places?

Market comparison tool

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

Volcano, HI

Housing supply in Volcano, HI

How many homes are available in Volcano, 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
46Last MonthMay 2025
492 months agoApr 2025
-6.1 %
Change MoMApr – May

Summary: The Volcano real estate market had 46 homes for sale in May 2025, a 6.1 % decrease compared to Apr 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
8Last MonthMay 2025
62 months agoApr 2025
+33.3 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
178
+14.3%
21713
-23.5%
31920
+5.3%
433
0.0%
532
-33.3%

Summary: Volcano housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +14.3%. The inventory for 2 bedroom homes decreased by -23.5%. The inventory for 3 bedroom homes increased by +5.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -33.3%.

Asking Price vs. Sold Price

How much do homes in Volcano, 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 Price2 Homes

Under Asking Price4 Homes

Insight

If you're buying a home in Volcano, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Volcano in May 2025, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.

Days on Market for Volcano, HI

We’re sorry, we don't have information for this market at the moment.

Home sale times aren’t available for this area.

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Newest Listings in Volcano, HI

What homes are available in Volcano, HI?

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MLS Disclaimers and Copyright

Based on information from Hawaii Information Services Inc., for the period 06/01/2023 - 06/01/2025

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: 6/27/2025, 5:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.