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 seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Waihee-Waikapu has remained a Seller's Market.

Key Takeaway

Waihee-Waikapu is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Waihee-Waikapu, HI

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

Median Sold Price

$1,315,000

$691/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$215,000(+19.5%)

Key Takeaway

Homes in Waihee-Waikapu have sold for 19.5% more than they did a year ago.

Summary: The median home sold price in Waihee-Waikapu was $1,315,000 in April 2024, up 19.5% from last year, and the median price per square foot was $691.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $1.3M$693K
-48.7%
2 -$1.3M
N/A
3 $950K$1.2M
+32.1%
4 $1.4M$1.7M
+17.2%
5+ $1.3M$1.3M
-1.8%

Summary: Waihee-Waikapu housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Cities

Waihee-Waikapu
+19.5%
Kihei
+15.8%
Kahului
+7.9%
Wailuku
+4.8%
Lahaina
+3.1%

Housing Supply in Waihee-Waikapu, HI

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
15150.0%

Summary: The Waihee-Waikapu real estate market had 15 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 99
0.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Waihee-Waikapu housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waihee-Waikapu, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Waihee-Waikapu in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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 16 Days Ago

Newest Listings in Waihee-Waikapu, HI

Nearby Markets to Waihee-Waikapu, HI

What housing markets are near Waihee-Waikapu, HI?