Is Kaunakakai, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kaunakakai is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Kaunakakai was a Buyer's Market.

Key Takeaway

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

How much do homes in Kaunakakai, HI cost?

Median Sold Price

$344,500

$449/sqft

Based on all homes sold in April 2022.

Difference Since Last Month

-$28,000(-7.5%)

Key Takeaway

Homes in Kaunakakai have sold for 7.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2022Apr 2022%
1 -$219K
N/A
2 $320K$528.5K
+65.2%
3 -$300K
N/A
4 $425K-
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Kaunakakai
-7.5%
East Molokai
-7.5%
West Molokai
-55.1%

How many homes are available in Kaunakakai, HI?

Number of Homes For Sale

Mar 2022Apr 2022%
3129-6.5%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 44
0.0%
2 108
-20.0%
3 1313
0.0%
4 33
0.0%
5+ 11
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
46+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kaunakakai, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Mar 2022Apr 2022%
52 Days68 Days+29.5%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kaunakakai has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Kaunakakai, HI

Homes for sale in Kaunakakai, HI have reached 29. The number of listings in Kaunakakai, HI decreased by 6.5% between March 2022 and April 2022. While the average time on the market in April 2022 was 68 days, the median list price was $344,500. Listing prices have changed in this real estate market between April 2021 and April 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 65.2%, 3 bedrooms properties prices increased by 0%, 4 bedrooms properties prices increased by 0%, the cost of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went down by 20%, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes remained the same, 5 bedrooms homes inventory did not change. In April 2022 more than 0 listings in Kaunakakai, HI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 3 were sold below.