Is Kaunakakai, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Kaunakakai has remained a Buyer's Market.
Housing Prices in Kaunakakai, HI
How much do homes in Kaunakakai, HI cost?
Median Sold Price
$375,000
$392/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Summary: The median home sold price in Kaunakakai was $375,000 in March 2024, the same as last year, and the median price per square foot was $392.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $222K | $220K | -0.9% |
2 Bedrooms | $440K | $450K | +2.3% |
3 Bedrooms | $530.5K | $435K | -18.0% |
4 Bedrooms | $555K | $590K | +6.3% |
5+ Bedrooms | - | - | N/A |
Summary: Kaunakakai housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 18%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
West Molokai | $335K | $376.3K | +12.4% |
Kaunakakai | $375K | $375K | 0.0% |
East Molokai | $375K | $375K | 0.0% |
Housing Supply in Kaunakakai, HI
How many homes are available in Kaunakakai, HI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 50 | +4.2% |
Summary: The Kaunakakai real estate market had 50 homes for sale in March 2024, a 4.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 15 | +7.1% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 23 | 22 | -4.3% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Kaunakakai housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Kaunakakai in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Kaunakakai, HI
We’re sorry, we don't have information for this market at the moment