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All market snapshots / 96720

Hilo, HI 96720 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Hilo, HI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 5757PendingPending sales: 22
Hilo, HI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $550k$550kSoldMedian sold price (last 6 months): $525k$525k
What homes actually sell for in Hilo, HI
Distribution of 191 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $365k to $660k
$180k to $280k: 19 sales$180k$280k to $380k: 21 sales$380k to $480k: 32 sales$380k$480k to $580k: 36 sales36sales$580k to $680k: 30 sales$580k$680k to $780k: 19 sales$780k to $880k: 12 sales$780k$880k to $980k: 3 salesMedian $525k

What the numbers say

As of September 14, 2026, Resideline is tracking 57 active listings and 2 pending sales in ZIP code 96720. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $550,000, while the median of the 191 closed sales Resideline tracked over the last six months was $525,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 96720 for 66 days.

Frequently asked questions

What is the median home price in 96720?

The median closed sale price in Hilo, HI 96720 was $525,000 over the last six months, based on 191 closed sales tracked by Resideline. The middle half of those sales ranged from $365,000 to $660,000.

Is 96720 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 57 active listings in 96720, a pending-to-active ratio of 0.04. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 96720 currently looks like a balanced market.

Nearby ZIP code market data

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