Is Waipahu, HI 96797 a buyer’s or seller’s market?
Waipahu is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 52% of U.S. ZIP codes, and #5 of 40 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Waipahu housing market right now
In the three months ending August 31, 2026, 34% of homes in Waipahu, HI 96797 sold above their list price, the typical home went under contract in 68 days and there were 4.5 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. That’s based on 76 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 26%, homes sold more slowly (64 days then) and the median sale price rose 12% to $754,673. Overall, Waipahu is more competitive than a year ago, so tougher for buyers.
Within Honolulu County, homes here sell faster than in 59% of the county’s ZIP codes, and sell more often over asking than in 89%. On our competition score, Waipahu ranks #5 of 40 HI ZIP codes with enough sales (score 51 out of 100).
Nearby, buyers who want less competition could look at Kahuku 96731 (0% sold over asking) or Kaaawa 96730 (0% sold over asking), while Waimanalo 96795 (67% sold over asking) and Honolulu 96819 (37% sold over asking) are even more competitive.
Run the numbers for 96797
Nearby markets
Aiea 96701Balanced $542 /sq ftEwa Beach 96706Seller’s market $637 /sq ftHaleiwa 96712Balanced $1,181 /sq ftHauula 96717Buyer’s market $625 /sq ft Browse all markets →Towns like Waipahu nearby
Find towns like Waipahu in other states →Where Waipahu is
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Questions about Waipahu real estate
Is Waipahu a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in Waipahu, HI 96797 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 Waipahu?
The typical home went under contract in 68 days in the latest three months.
Do homes in Waipahu sell over asking?
34% 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 Waipahu?
About 0.28% of a home’s value a year in Honolulu County, or roughly $1,120 on a $400,000 home.
What is the median home price in Waipahu?
The median sale price was $754,673 in the three months ending August 31, 2026, about $635 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