Is Lahaina, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lahaina was a Seller's Market.
Housing Prices in Lahaina, HI
How much do homes in Lahaina, HI cost?
Median Sold Price
$1,010,000
$1,020/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lahaina was $1,010,000 in April 2024, up 3.1% from last year, and the median price per square foot was $1,020.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $780K | $720K | -7.7% |
2 Bedrooms | $1.0M | $1.0M | +3.3% |
3 Bedrooms | $1.3M | $1.7M | +24.0% |
4 Bedrooms | $2.4M | $3.3M | +37.6% |
5+ Bedrooms | $1.8M | $2.9M | +63.9% |
Summary: Lahaina housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 37.6%, and 5+ bedroom homes increased by 63.9%.
Median Sold Price Compared To Nearby Cities
Waihee-Waikapu | $1.1M | $1.3M | +19.5% |
Kihei | $949.8K | $1.0M | +15.8% |
Lahaina | $980K | $1.0M | +3.1% |
Housing Supply in Lahaina, HI
How many homes are available in Lahaina, HI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
340 | 366 | +7.6% |
Summary: The Lahaina real estate market had 366 homes for sale in April 2024, a 7.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 119 | 137 | +15.1% |
2 Bedrooms | 111 | 112 | +0.9% |
3 Bedrooms | 61 | 67 | +9.8% |
4 Bedrooms | 31 | 31 | 0.0% |
5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The Lahaina housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.1%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 9.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 40 | +21.2% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Lahaina in April 2024, up by 21.2% month-over-month. Of the 40 sold homes, 65% were sold under asking, 28% were sold at asking, and 8% were sold over asking.
Days on Market for Lahaina, HI
We’re sorry, we don't have information for this market at the moment