$1,250,000
0.38 Acres
Land
Joshua McKim RS-86735, Listing Office: Luxe Maui Properties LLC
Is Wailuku, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Wailuku was a Neutral Market.
Key Takeaway
Wailuku is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wailuku, HI
How much do homes in Wailuku, HI cost?
Median Sold Price
$990,000
$726/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$130,500(+15.2%)
Key Takeaway
Homes in Wailuku have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in Wailuku was $990,000 in November 2024, up 15.2% from last year, and the median price per square foot was $726.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $482.3K | $432.5K | -10.3% |
| 2 Bedrooms | $574K | $635K | +10.6% |
| 3 Bedrooms | $970.9K | $1.1M | +18.4% |
| 4 Bedrooms | $1.2M | $1.2M | -2.8% |
| 5+ Bedrooms | $1.4M | $1.1M | -24.6% |
Summary: Wailuku housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 24.6%.
Median Sold Price Compared To Nearby Cities
| Wailuku | $859.5K | $990K | +15.2% |
| Kahului | $930K | $1.0M | +7.5% |
| Waihee-Waikapu | $1.2M | $1.2M | 0.0% |
Housing Supply in Wailuku, HI
How many homes are available in Wailuku, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 157 | 176 | +12.1% |
Summary: The Wailuku real estate market had 176 homes for sale in November 2024, a 12.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 21 | 0.0% |
| 2 Bedrooms | 31 | 40 | +29.0% |
| 3 Bedrooms | 79 | 86 | +8.9% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Wailuku 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 increased by 29%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 22 | +83.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wailuku, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Wailuku in November 2024, up by 83.3% month-over-month. Of the 22 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Wailuku, HI
We’re sorry, we don't have information for this market at the moment
