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Kaneohe, HI Housing Market Trends
In June 2025, Kaneohe’s housing market saw a notable decline in home values, with the median price dropping 14.4% year-over-year to $832K. Homes also took longer to sell, averaging 60 days on the market compared to 49 days the previous year—signaling cooling demand and more cautious buyer behavior. The slight dip in sales volume, from 24 to 23 homes, further reflects a slowdown in activity, suggesting that both buyers and sellers are adjusting expectations in a shifting market environment.
Kaneohe is a somewhat competitive market, with homes typically selling in about 66 days and occasional listings receiving multiple offers. On average, homes sell for around 1% below list price, giving buyers modest negotiating room. However, well-priced or especially desirable homes can still attract quicker interest, going pending in roughly 47 days and selling at or near asking, showing that select properties continue to perform well even as overall market conditions soften.
Kaneohe, HI was a balanced market in June 2025, indicating that housing supply and buyer demand were relatively aligned. While home prices declined and average days on market increased, the number of transactions remained steady, suggesting that the market is adjusting rather than contracting. Buyers had more time and some leverage, but sellers still received fair offers close to list price. This balance created stable conditions where well-positioned homes continued to attract interest without the intense competition seen in hotter markets.
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