$2,588,888
0.91 Acres
Land
Sherri L Williams RS-74127, Listing Office: Hawaii Life (L)
Housing Prices in Lanai City, HI
How much do homes in Lanai City, HI cost?
Median List Price
$828,500
$774/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$110,500(+15.4%)
Key Takeaway
The list price of homes in Lanai City has increased by 15.4% since last year.
Summary: The median home list price in Lanai City was $828,500 in October 2024, up 15.4% from the previous year, and the median price per square foot was $774.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355K | $355K | 0.0% |
| 2 Bedrooms | $672.5K | $715K | +6.3% |
| 3 Bedrooms | $700K | $745K | +6.4% |
| 4 Bedrooms | $895K | $912K | +1.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Lanai City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Lanai City | $718K | $828.5K | +15.4% |
| Lanai | $718K | $828.5K | +15.4% |
Housing Supply in Lanai City, HI
How many homes are available in Lanai City, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Lanai City real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lanai City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Lanai City, HI
How long does it take to sell a home in Lanai City, HI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 149 Days | 129 Days | -13.3% |
Summary: Homes in Lanai City had an average listing age of 129 days in Oct 2024, down by 13.3% compared to the previous year.
