Is Wailuku, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Wailuku has remained a Seller's Market.
Housing Prices in Wailuku, HI
How much do homes in Wailuku, HI cost?
Median Sold Price
$900,000
$721/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wailuku was $900,000 in May 2024, up 5.3% from last year, and the median price per square foot was $721.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $420K | $461K | +9.8% |
2 Bedrooms | $575K | $615K | +7.0% |
3 Bedrooms | $880K | $1.1M | +28.1% |
4 Bedrooms | $1.1M | $1.1M | -0.8% |
5+ Bedrooms | $1.3M | $1.4M | +8.6% |
Summary: Wailuku housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 28.1%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
Waihee-Waikapu | $1.1M | $1.3M | +17.9% |
Kahului | $903.5K | $975K | +7.9% |
Wailuku | $855K | $900K | +5.3% |
Housing Supply in Wailuku, HI
How many homes are available in Wailuku, HI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
107 | 112 | +4.7% |
Summary: The Wailuku real estate market had 112 homes for sale in May 2024, a 4.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 9 | -18.2% |
2 Bedrooms | 33 | 37 | +12.1% |
3 Bedrooms | 47 | 45 | -4.3% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Wailuku housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 12.1%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
24 | 26 | +8.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Wailuku in May 2024, up by 8.3% month-over-month. Of the 26 sold homes, 38% were sold under asking, 27% were sold at asking, and 35% were sold over asking.
Days on Market for Wailuku, HI
We’re sorry, we don't have information for this market at the moment