Is Waihee-Waikapu, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waihee-Waikapu is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Waihee-Waikapu has remained a Neutral Market.

Key Takeaway

Waihee-Waikapu is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Waihee-Waikapu, HI

How much do homes in Waihee-Waikapu, HI cost?

Median Sold Price

$1,250,000

$751/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Waihee-Waikapu has remained the same since last year.

Summary: The median home sold price in Waihee-Waikapu was $1,250,000 in November 2024, the same as last year, and the median price per square foot was $751.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $693K-
N/A
2 $1.2M$1.2M
-5.4%
3 $1.1M$1.2M
+8.6%
4 $1.7M$1.1M
-33.3%
5+ $1.3M-
N/A

Summary: Waihee-Waikapu housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kihei
+31.6%
Wailuku
+15.2%
Lahaina
+9.6%
Kahului
+7.5%
Waihee-Waikapu
0.0%

Housing Supply in Waihee-Waikapu, HI

How many homes are available in Waihee-Waikapu, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2825-10.7%

Summary: The Waihee-Waikapu real estate market had 25 homes for sale in November 2024, a 10.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1815
-16.7%
4 1010
0.0%
5+ 00
0.0%

Summary: The Waihee-Waikapu housing inventory by bedroom type for November 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waihee-Waikapu, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Waihee-Waikapu in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Waihee-Waikapu, 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 Waihee-Waikapu, HI

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