Is Kaunakakai, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Kaunakakai was a Seller's Market.
Housing Prices in Kaunakakai, HI
How much do homes in Kaunakakai, HI cost?
Median Sold Price
$450,000
$405/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kaunakakai was $450,000 in May 2024, up 23.3% from last year, and the median price per square foot was $405.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $205K | -8.9% |
2 Bedrooms | $407.5K | $464.5K | +14.0% |
3 Bedrooms | $412K | $528K | +28.2% |
4 Bedrooms | $515K | $820K | +59.2% |
5+ Bedrooms | - | $568K | N/A |
Summary: Kaunakakai housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 59.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Kaunakakai | $365K | $450K | +23.3% |
East Molokai | $365K | $450K | +23.3% |
Housing Supply in Kaunakakai, HI
How many homes are available in Kaunakakai, HI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 38 | -7.3% |
Summary: The Kaunakakai real estate market had 38 homes for sale in May 2024, a 7.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 11 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 17 | 15 | -11.8% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kaunakakai housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Kaunakakai in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Kaunakakai, HI
We’re sorry, we don't have information for this market at the moment