Is Maui County, 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, Maui County was a Seller's Market.
Key Takeaway
Maui County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Maui County, HI
How much do homes in Maui County, HI cost?
Median Sold Price
$1,047,050
$877/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Maui County have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Maui County was $1,047,050 in May 2024, up 11.8% from last year, and the median price per square foot was $877.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $732.5K | $740.5K | +1.1% |
| 2 Bedrooms | $843.6K | $900.8K | +6.8% |
| 3 Bedrooms | $993.6K | $1.2M | +21.3% |
| 4 Bedrooms | $1.3M | $1.7M | +27.1% |
| 5+ Bedrooms | $1.4M | $1.6M | +11.7% |
Summary: Maui County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes increased by 11.7%.
Housing Supply in Maui County, HI
How many homes are available in Maui County, HI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1,098 | 1,222 | +11.3% |
Summary: The Maui County real estate market had 1,222 homes for sale in May 2024, a 11.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 274 | 315 | +15.0% |
| 2 Bedrooms | 348 | 396 | +13.8% |
| 3 Bedrooms | 294 | 326 | +10.9% |
| 4 Bedrooms | 124 | 125 | +0.8% |
| 5+ Bedrooms | 58 | 60 | +3.4% |
Summary: The Maui County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 165 | 146 | -11.5% |
Asking Price vs. Sold Price
78 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maui County, you may be able to get a good deal. 53.4% of homes here sold below asking price last month.
Summary: A total of 146 homes were sold or pending in Maui County in May 2024, down by 11.5% month-over-month. Of the 146 sold homes, 53% were sold under asking, 24% were sold at asking, and 23% were sold over asking.
Days on Market for Maui County, HI
We’re sorry, we don't have information for this market at the moment
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