Is Pepeekeo, HI 96783 a buyer’s or seller’s market?

The Pepeekeo housing market right now

In the three months ending August 31, 2026, 25% of homes in Pepeekeo, HI 96783 sold above their list price, the typical home went under contract in 97 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is 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 rose from 0%, homes sold more slowly (78 days then) and the median sale price fell 48% to $494,786. Overall, Pepeekeo is more competitive than a year ago, so tougher for buyers.

Within Hawaii County, homes here sell faster than in 77% of the county’s ZIP codes, and sell more often over asking than in 82%.

Nearby, buyers who want less competition could look at Volcano 96785 (0% sold over asking) or Papaaloa 96780 (0% sold over asking), while Laupahoehoe 96764 (100% sold over asking) and Papaikou 96781 (50% sold over asking) are even more competitive.