Kihei Housing Market Report February 2025•Maui County, Hawaii

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Housing Prices in Kihei, HI

How much do homes in Kihei, HI cost?

Housing Market Conditions

Is Kihei, 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

Kihei is a Buyer's Market

Difference Since February 2024

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

Insight

Kihei 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.
$1,286,416$1,076/SqFt
+$295,845
+29.9%

Based on all homes sold in the last 12 months

Insight

Homes in Kihei have sold for 29.9% more than they did a year ago.

Summary: The median home sold price in Kihei was $1,286,416 in February 2025, up 29.9% from last year, and the median price per square foot was $1,076.

Median Sold Price By Cities

Median Sold Price By Cities
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
Kihei
+29.9%
Lahaina
+14.5%
Waihee-Waikapu
-3.8%

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.
BedsFeb 2024Feb 2025Change YoY
1$797.5K$725K
-9.1%
2$900K$1.2M
+33.3%
3$1.3M$2.1M
+50.3%
4$2.7M$2.3M
-13.6%
5$1.5M$1.7M
+19.3%

Summary: Kihei housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -9.1%. The home price for 2 bedroom homes increased by +33.3%. The home price for 3 bedroom homes increased by +50.3%. The home price for 4 bedroom homes decreased by -13.6%. The home price for 5 bedroom homes increased by +19.3%.

How does Kihei, HI compare with other places?

Market comparison tool

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

Kihei, HI

Housing supply in Kihei, HI

How many homes are available in Kihei, 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
561Last MonthFeb 2025
5172 months agoJan 2025
+8.5 %
Change MoMJan – Feb

Summary: The Kihei real estate market had 561 homes for sale in Feb 2025, a 8.5 % increase compared to Jan 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
33Last MonthFeb 2025
392 months agoJan 2025
-15.4 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
2193207
+7.3%
43737
0.0%
52126
+23.8%
1140154
+10.0%
3126137
+8.7%

Summary: Kihei housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 2 bedroom homes increased by +7.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +23.8%. The inventory for 1 bedroom homes increased by +10.0%. The inventory for 3 bedroom homes increased by +8.7%.

Asking Price vs. Sold Price

How much do homes in Kihei, 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 Price1 Home

At Asking Price2 Homes

Under Asking Price30 Homes

Insight

If you're buying a home in Kihei, you may be able to get a good deal. 90.9% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Kihei in February 2025, down by 15.4% month-over-month. Of the 33 sold homes, 91% were sold under asking, 6% were sold at asking, and and 3% were sold over asking.

Days on Market for Kihei, HI

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

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

Summary: During February 2025, 33 homes were sold in Kihei; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% 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
128 DaysThis YearFeb 2025
133 Days1 year agoFeb 2024
-3.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Kihei had an average listing age of 128 days in Feb 2025, down by 3.8% compared to the previous year.

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Newest Listings in Kihei, HI

What homes are available in Kihei, HI?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Maui MLS, and Hawaii Information Services Inc. for the period 03/01/2023 - 03/01/2025

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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.