Is Kaunakakai, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kaunakakai is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Kaunakakai has remained a Buyer's Market.

Key Takeaway

Kaunakakai is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kaunakakai, HI

How much do homes in Kaunakakai, HI cost?

Median Sold Price

$409,900

$403/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$44,900(+12.3%)

Key Takeaway

Homes in Kaunakakai have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in Kaunakakai was $409,900 in October 2024, up 12.3% from last year, and the median price per square foot was $403.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $220K$207.5K
-5.7%
2 $450K$475K
+5.6%
3 $399K$432.2K
+8.3%
4 $515K$1.0M
+103.9%
5+ $675K$568K
-15.9%

Summary: Kaunakakai housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 103.9%, and 5+ bedroom homes decreased by 15.9%.

Median Sold Price Compared To Nearby Cities

Kaunakakai
+12.3%
East Molokai
+12.3%

Housing Supply in Kaunakakai, HI

How many homes are available in Kaunakakai, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3134+9.7%

Summary: The Kaunakakai real estate market had 34 homes for sale in October 2024, a 9.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1517
+13.3%
2 45
+25.0%
3 99
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Kaunakakai housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kaunakakai, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Kaunakakai in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% 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

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

Report Updated 20 Days Ago

Newest Listings in Kaunakakai, HI

Nearby Markets to Kaunakakai, HI

What housing markets are near Kaunakakai, HI?