Honokowai Housing Market Report March 2025•Maui County, Hawaii

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Housing Prices in Honokowai, HI

How much do homes in Honokowai, HI cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Honokowai is a Buyer's Market

Difference Since March 2024

At the same time last year, Honokowai was a Seller's Market.

Insight

Honokowai is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$999,999$1,227/SqFt
+$99,999
+11.1%

Based on all homes sold in the last 12 months

Insight

Homes in Honokowai have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Honokowai was $999,999 in March 2025, up 11.1% from last year, and the median price per square foot was $1,227.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
West Maui
+12.1%
Honokowai
+11.1%
Kaanapali
+10.2%
Kahana / Mahinahina
-9.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$950K$950K
0.0%
2$495K$1.0M
+110.4%
3-$3.9M
N/A
4--
N/A
5--
N/A

Summary: Honokowai housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +110.4%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Honokowai, HI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Honokowai, HI

Housing supply in Honokowai, HI

How many homes are available in Honokowai, HI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
117Last MonthMar 2025
1012 months agoFeb 2025
+15.8 %
Change MoMFeb – Mar

Summary: The Honokowai real estate market had 117 homes for sale in Mar 2025, a 15.8 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthMar 2025
62 months agoFeb 2025
-66.7 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
15763
+10.5%
24049
+22.5%
345
+25.0%
400
0.0%
500
0.0%

Summary: Honokowai housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +10.5%. The inventory for 2 bedroom homes increased by +22.5%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Honokowai, HI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price1 Home

Insight

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

Summary: A total of 2 homes were sold or pending in Honokowai in March 2025, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.

Days on Market for Honokowai, HI

How long does it take to sell a home in Honokowai, HI?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Honokowai are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2025, 2 homes were sold in Honokowai; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
337 DaysThis YearMar 2025
0 Days1 year agoMar 2024
0.0 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Honokowai had an average listing age of 337 days in Mar 2025, down by .0% compared to the previous year.

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Newest Listings in Honokowai, HI

What homes are available in Honokowai, HI?

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MLS Disclaimers and Copyright

Based on information from Maui MLS, for the period 04/01/2023 - 04/01/2025

The data is deemed reliable but is not guaranteed accurate by the MLS. It has been provided by sources other than the Realtors Association of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumersmay be interested in purchasing.

Copyright, 1995-2025, REALTORS® Association of Maui, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.