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Is Eleele, HI 96705 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Eleele is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market157Listing to accepted offer
Median price per sq ft$788

The Eleele housing market right now

In the three months ending August 31, 2026, 0% of homes in Eleele, HI 96705 sold above their list price, the typical home went under contract in 157 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.

Within Kauai County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Lawai 96765 (100% sold over asking) and Kekaha 96752 (33% sold over asking) are even more competitive.

Run the numbers for 96705

Prefilled for 96705Can I win this house?Multiple-offer likelihood for a listing Prefilled for 96705Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Anahola 96703Buyer’s market $1,207 /sq ftHanalei 96714Buyer’s market $2,200 /sq ftHanapepe 96716Seller’s market $546 /sq ftKalaheo 96741Balanced $696 /sq ft Browse all markets →

Towns like Eleele nearby

Find towns like Eleele in other states →
Hanapepe, HI96716 · 1 miles away87% similarcheaper homes ($61K less) Kekaha, HI96752 · 10 miles away81% similarlower income ($28K less) · cheaper homes ($94K less) Kalaheo, HI96741 · 4 miles away74% similarpricier homes ($176K more) · larger Anahola, HI96703 · 24 miles away68% similarcheaper homes ($240K less) · 5 min longer commute

Where Eleele is

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Questions about Eleele real estate

Is Eleele a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Eleele, HI 96705 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Eleele?

The typical home went under contract in 157 days in the latest three months.

Do homes in Eleele sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Eleele?

About 0.21% of a home’s value a year in Kauai County, or roughly $840 on a $400,000 home.

What is the median home price in Eleele?

The median sale price was $869,624 in the three months ending August 31, 2026, about $788 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology