Is Kula, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Kula was a Buyer's Market.
Housing Prices in Kula, HI
How much do homes in Kula, HI cost?
Median Sold Price
$2,400,000
$1,404/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kula was $2,400,000 in March 2024, up 23.9% from last year, and the median price per square foot was $1,404.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.4M | $1.5M | +5.0% |
2 Bedrooms | $1.4M | $1.7M | +20.7% |
3 Bedrooms | $2.5M | $2.6M | +4.7% |
4 Bedrooms | $2.5M | $3.7M | +50.9% |
5+ Bedrooms | $3.9M | $4.2M | +6.9% |
Summary: Kula housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 50.9%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Cities
Kula | $1.9M | $2.4M | +23.9% |
Makawao-Paia | $950K | $992.5K | +4.5% |
Housing Supply in Kula, HI
How many homes are available in Kula, HI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
170 | 173 | +1.8% |
Summary: The Kula real estate market had 173 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 24 | +4.3% |
2 Bedrooms | 39 | 43 | +10.3% |
3 Bedrooms | 72 | 71 | -1.4% |
4 Bedrooms | 28 | 29 | +3.6% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Kula housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 33 | +106.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Kula in March 2024, up by 106.3% month-over-month. Of the 33 sold homes, 52% were sold under asking, 18% were sold at asking, and 30% were sold over asking.
Days on Market for Kula, HI
We’re sorry, we don't have information for this market at the moment