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Is Naalehu, HI 96772 a buyer’s or seller’s market?

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

Naalehu is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list91.4%Sold price ÷ list price
Median days on market230Listing to accepted offer
Median price per sq ft$324▲ +27.1% vs. last year

The Naalehu housing market right now

In the three months ending August 31, 2026, 0% of homes in Naalehu, HI 96772 sold above their list price, the typical home went under contract in 230 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (134 days then) and the median sale price rose 25% to $287,376. Overall, Naalehu is less competitive than a year ago, which gives buyers more room.

Within Hawaii County, homes here sell more slowly, and 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 96772

Prefilled for 96772Can I win this house?Multiple-offer likelihood for a listing Prefilled for 96772Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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 →

Towns like Naalehu nearby

Find towns like Naalehu in other states →
Captain Cook, HI96704 · 30 miles away47% similarhigher income ($38K more) · pricier homes ($259K more) Pahala, HI96777 · 15 miles away45% similarcheaper homes ($170K less) · younger residents Ocean View, HI96737 · 5 miles away38% similarcheaper homes ($82K less) · larger Kealakekua, HI96750 · 36 miles away29% similarhigher income ($44K more) · pricier homes ($294K more)

Where Naalehu is

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Questions about Naalehu real estate

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

A buyer’s market: there were 8 months of supply in Naalehu, HI 96772 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 Naalehu?

The typical home went under contract in 230 days in the latest three months.

Do homes in Naalehu sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.4% of the list price.

What are property taxes in Naalehu?

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 Naalehu?

The median sale price was $287,376 in the three months ending August 31, 2026, about $324 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