$10,000 Closing Credit*
$995,000
587 SqFt
1 Bed
•1 Bath
Cimi Morgan RB-21010, Listing Office: Epic Realty LLC
Is Lahaina, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lahaina has remained a Buyer's Market.
Key Takeaway
Lahaina is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lahaina, HI
How much do homes in Lahaina, HI cost?
Median Sold Price
$1,071,666
$971/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$71,666(+7.2%)
Key Takeaway
Homes in Lahaina have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Lahaina was $1,071,666 in October 2024, up 7.2% from last year, and the median price per square foot was $971.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | $700K | -6.7% |
| 2 Bedrooms | $1.1M | $1.0M | -12.1% |
| 3 Bedrooms | $1.4M | $1.7M | +23.5% |
| 4 Bedrooms | $3.5M | $2.6M | -26.8% |
| 5+ Bedrooms | $4.9M | $2.1M | -58.0% |
Summary: Lahaina housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes decreased by 58%.
Median Sold Price Compared To Nearby Cities
| Kihei | $950.9K | $1.2M | +36.0% |
| Lahaina | $1.0M | $1.0M | +7.2% |
| Waihee-Waikapu | $1.2M | $1.2M | -1.2% |
Housing Supply in Lahaina, HI
How many homes are available in Lahaina, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 381 | 404 | +6.0% |
Summary: The Lahaina real estate market had 404 homes for sale in October 2024, a 6.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 154 | 165 | +7.1% |
| 2 Bedrooms | 114 | 124 | +8.8% |
| 3 Bedrooms | 63 | 62 | -1.6% |
| 4 Bedrooms | 32 | 32 | 0.0% |
| 5+ Bedrooms | 18 | 21 | +16.7% |
Summary: The Lahaina housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lahaina, you may be able to get a good deal. 85% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Lahaina in October 2024, the same as the previous month. Of the 20 sold homes, 85% were sold under asking, 10% were sold at asking, and 5% were sold over asking.
Days on Market for Lahaina, HI
We’re sorry, we don't have information for this market at the moment
