Is Kula, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kula has remained a Buyer's Market.
Housing Prices in Kula, HI
How much do homes in Kula, HI cost?
Median Sold Price
$2,400,000
$1,401/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kula was $2,400,000 in April 2024, up 23.1% from last year, and the median price per square foot was $1,401.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.4M | $1.7M | +18.1% |
2 Bedrooms | $1.5M | $1.8M | +19.5% |
3 Bedrooms | $2.5M | $2.6M | +2.6% |
4 Bedrooms | $2.8M | $3.7M | +34.6% |
5+ Bedrooms | $9.5M | $4.0M | -58.3% |
Summary: Kula housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.1%, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes decreased by 58.3%.
Median Sold Price Compared To Nearby Cities
Kula | $1.9M | $2.4M | +23.1% |
Makawao-Paia | $950K | $999.9K | +5.3% |
Housing Supply in Kula, HI
How many homes are available in Kula, HI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
156 | 148 | -5.1% |
Summary: The Kula real estate market had 148 homes for sale in April 2024, a 5.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 19 | -9.5% |
2 Bedrooms | 41 | 36 | -12.2% |
3 Bedrooms | 59 | 56 | -5.1% |
4 Bedrooms | 28 | 31 | +10.7% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Kula housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.5%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 15 | -55.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Kula in April 2024, down by 55.9% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.
Days on Market for Kula, HI
We’re sorry, we don't have information for this market at the moment