Is Waihee-Waikapu, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waihee-Waikapu is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Waihee-Waikapu has remained a Seller's Market.

Key Takeaway

Waihee-Waikapu is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Waihee-Waikapu, HI

How much do homes in Waihee-Waikapu, HI cost?

Median Sold Price

$1,315,000

$691/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$215,000(+19.5%)

Key Takeaway

Homes in Waihee-Waikapu have sold for 19.5% more than they did a year ago.

Summary: The median home sold price in Waihee-Waikapu was $1,315,000 in April 2024, up 19.5% from last year, and the median price per square foot was $691.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $1.3M$693K
-48.7%
2 -$1.3M
N/A
3 $950K$1.2M
+32.1%
4 $1.4M$1.7M
+17.2%
5+ $1.3M$1.3M
-1.8%

Summary: Waihee-Waikapu housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Cities

Waihee-Waikapu
+19.5%
Kihei
+15.8%
Kahului
+7.9%
Wailuku
+4.8%
Lahaina
+3.1%

Housing Supply in Waihee-Waikapu, HI

How many homes are available in Waihee-Waikapu, HI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
15150.0%

Summary: The Waihee-Waikapu real estate market had 15 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 99
0.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Waihee-Waikapu housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waihee-Waikapu, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Waihee-Waikapu in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Waihee-Waikapu, HI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Waihee-Waikapu, HI

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