Is Honomu, HI 96728 a buyer’s or seller’s market?
Honomu is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Honomu housing market right now
In the three months ending August 31, 2026, 0% of homes in Honomu, HI 96728 sold above their list price, the typical home went under contract in 77 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (140 days then) and the median sale price fell 40% to $624,730. Overall, Honomu is more competitive than a year ago, so tougher for buyers.
Within Hawaii County, homes here sell faster than in 95% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Laupahoehoe 96764 (100% sold over asking) and Papaikou 96781 (50% sold over asking) are even more competitive.
Run the numbers for 96728
Nearby markets
Captain Cook 96704Buyer’s market $294 /sq ftHakalau 96710Seller’s market $284 /sq ftHawi 96719 — /sq ftHilo 96720Balanced $403 /sq ft Browse all markets →Where Honomu is
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Questions about Honomu real estate
Is Honomu a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Honomu, HI 96728 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 Honomu?
The typical home went under contract in 77 days in the latest three months.
Do homes in Honomu sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Honomu?
About 0.28% of a home’s value a year in Hawaii County, or roughly $1,120 on a $400,000 home.
What is the median home price in Honomu?
The median sale price was $624,730 in the three months ending August 31, 2026, about $300 per square foot.
Local agents
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More tools for 96728
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology