Is Wailuku, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wailuku has remained a Seller's Market.
Key Takeaway
Wailuku is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wailuku, HI
How much do homes in Wailuku, HI cost?
Median Sold Price
$890,000
$712/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wailuku have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Wailuku was $890,000 in April 2024, up 4.8% from last year, and the median price per square foot was $712.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $461K | +8.5% |
| 2 Bedrooms | $552K | $609.2K | +10.4% |
| 3 Bedrooms | $878K | $1.0M | +24.1% |
| 4 Bedrooms | $1.1M | $1.1M | +2.5% |
| 5+ Bedrooms | $1.2M | $1.5M | +25.3% |
Summary: Wailuku housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 25.3%.
Median Sold Price Compared To Nearby Cities
| Waihee-Waikapu | $1.1M | $1.3M | +19.5% |
| Kahului | $903.2K | $975K | +7.9% |
| Wailuku | $849.3K | $890K | +4.8% |
Housing Supply in Wailuku, HI
How many homes are available in Wailuku, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 106 | 105 | -0.9% |
Summary: The Wailuku real estate market had 105 homes for sale in April 2024, a 0.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 14 | 0.0% |
| 2 Bedrooms | 28 | 31 | +10.7% |
| 3 Bedrooms | 49 | 45 | -8.2% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Wailuku 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 increased by 10.7%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wailuku, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Wailuku in April 2024, down by 4.2% month-over-month. Of the 23 sold homes, 52% were sold under asking, 17% were sold at asking, and 30% were sold over asking.
Days on Market for Wailuku, HI
We’re sorry, we don't have information for this market at the moment
