Kula Housing Market Report December 2024•Maui County, Hawaii

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Housing Prices in Kula, HI

How much do homes in Kula, HI cost?

Housing Market Conditions

Is Kula, 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

Kula is a Buyer's Market

Difference Since December 2023

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

Insight

Kula 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.
$2,384,550$1,389/SqFt
+$122,050
+5.4%

Based on all homes sold in the last 12 months

Insight

Homes in Kula have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Kula was $2,384,550 in December 2024, up 5.4% from last year, and the median price per square foot was $1,389.

Median Sold Price By City

Median Sold Price By City
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
Makawao-Paia
+6.2%
Kula
+5.4%
Haiku-Pauwela
-0.9%

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.
BedsDec 2023Dec 2024Change YoY
1$1.5M$1.2M
-16.2%
2$1.7M$1.7M
+2.4%
3$2.5M$2.6M
+2.9%
4$3.7M$3.6M
-3.2%
5$4.2M$2.2M
-47.1%

Summary: Kula housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -16.2%. The home price for 2 bedroom homes increased by +2.4%. The home price for 3 bedroom homes increased by +2.9%. The home price for 4 bedroom homes decreased by -3.2%. The home price for 5 bedroom homes decreased by -47.1%.

Housing supply in Kula, HI

How many homes are available in Kula, 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
182Last MonthDec 2024
1452 months agoNov 2024
+25.5 %
Change MoMNov – Dec

Summary: The Kula real estate market had 182 homes for sale in Dec 2024, a 25.5 % increase compared to Nov 2024.

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
14Last MonthDec 2024
122 months agoNov 2024
+16.7 %
Change MoMNov – Dec

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.
BedsNov 2024Dec 2024Change MoM
11214
+16.7%
24049
+22.5%
36181
+32.8%
42428
+16.7%
5810
+25.0%

Summary: Kula housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +16.7%. The inventory for 2 bedroom homes increased by +22.5%. The inventory for 3 bedroom homes increased by +32.8%. The inventory for 4 bedroom homes increased by +16.7%. The inventory for 5 bedroom homes increased by +25.0%.

Asking Price vs. Sold Price

How much do homes in Kula, 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 Price2 Homes

At Asking Price3 Homes

Under Asking Price9 Homes

Insight

If you're buying a home in Kula, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Kula in December 2024, up by 16.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and and 14% were sold over asking.

Days on Market for Kula, HI

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

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
0 DaysThis YearDec 2024
784 Days1 year agoDec 2023
0.0 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Kula had an average listing age of 0 days in Dec 2024, down by .0% compared to the previous year.

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Newest Listings in Kula, HI

What homes are available in Kula, HI?

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Nearby markets

Popular Cities with Homes for Sale in Hawaii

MLS Disclaimers and Copyright

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

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: 1/29/2025, 3:20:54 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: 1/29/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.

Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.