Is Kahului, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Kahului was a Seller's Market.
Key Takeaway
Kahului is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kahului, HI
How much do homes in Kahului, HI cost?
Median Sold Price
$975,000
$640/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kahului have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Kahului was $975,000 in April 2024, up 7.9% from last year, and the median price per square foot was $640.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184K | $179K | -2.7% |
| 2 Bedrooms | $258K | $278K | +7.8% |
| 3 Bedrooms | $930K | $1.0M | +12.9% |
| 4 Bedrooms | $980K | $1.1M | +13.5% |
| 5+ Bedrooms | $1.1M | $1.2M | +9.3% |
Summary: Kahului housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
| Waihee-Waikapu | $1.1M | $1.3M | +19.5% |
| Kihei | $949.8K | $1.0M | +15.8% |
| Kahului | $903.2K | $975K | +7.9% |
| Wailuku | $849.3K | $890K | +4.8% |
Housing Supply in Kahului, HI
How many homes are available in Kahului, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The Kahului real estate market had 33 homes for sale in April 2024, a 6.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 11 | 16 | +45.5% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Kahului housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 45.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kahului, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Kahului in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.
Days on Market for Kahului, HI
We’re sorry, we don't have information for this market at the moment
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