Honolulu, HI 96816

Flip Market Report

Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Honolulu, HI. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Honolulu County, we've been able to rank it against its peer counties within Hawaii. To provide an even fuller picture, we also ranked Hawaii against all other US states.

Region Rank in # of Flips Rank in Flip Profit
Hawaii #41st in US
#14th in US
Honolulu County #1st in HI
#2nd in HI

Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.

Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.

96816 Historical Monthly Listing Prices

Latest Median Sale Price

$ 1,286,500

-0.09% YoY Change
Honolulu Historical Monthly Home Sales

Latest Monthly Sales Count

806

List Price /sqft

$668

0% from last quarter

Reduced Listings /Month

16

-0.33% from last quarter

Avg. Days on Market

90

0.05% from last year

Average Home Sqft

$2,387

0.03% from last year

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Honolulu County. This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.

Region Population Change YoY Rank
Hawaii 1,420,491 -0.26% #40th in US
Honolulu County 980,080 -0.64% #1st in HI
96816 49,368 #9th in HI
Home Searches

FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.

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